Crypto, Not Cryptic: Blockchain industry breakfast panel at China Institute
On May 13, during New York’s Blockchain Week, a series of conferences and panels about the new technology that is shaking the financial world, China Institute convened top blockchain players to discuss developments in China and the opportunities and challenges of doing U.S.-China blockchain business.
Xiaochen Zhang, president of blockchain company FinTech4Good, which co-hosted the event, framed the conversation by underscoring the importance of such business dialogues between the U.S. and China. Sam Cassatt, chief strategy officer for ConsenSys, the largest blockchain startup company in the world, outlined the potential for blockchain.
Wilfred Daye, financial markets expert at BitCoin exchange OKCoin; Benjamin Jessel, head of growth at blockchain company Kadena; Alex Mashinsky, the inventor of VOIP and founder of blockchain investment company Celsius Network; and Joel Telpner, a Sullivan & Worcester partner who is developing blockchain standards and laws participated in a panel discussion moderated by Dorinda Elliott, director of programs, China Institute. They discussed the latest trends in blockchain and bitcoin, which have the potential to boost efficiencies in trade and finance, and the U.S. and Chinese governments’ efforts to develop effective regulation.