CoinDesk’s inaugural conference, Consensus 2015, took place at New York’s TimesCenter yesterday with speakers including Blythe Masters, Kosta Peric and Wences Casares.
The afternoon sessions were kicked off by CoinDesk’s Joon Ian Wong, who led a one-on-one session with Debra Brackeen, the global head at Citi’s Innovation Center.
Brackeen explained how Citi became involved in the blockchain and cryptocurrency space and said, during her approximately four years at the company, digital money had been part of the conversation.
Citi funded its first crypto project in January 2014, which dealt with state-backed digital currencies. This led the bank to be much more proactive in developing a portfolio of activities in and around blockchain technology.
“We are looking at use cases including clearing and settlement and trade finance,” she concluded.
Blockchain Tech, Civic Tech and Social Impact
Grace Caffyn of CoinDesk led the subsequent panel – featuring Chelsea Barabas of MIT Media Lab; John Edge of Redrose and Bill Tai of Mai Tai Global.
Edge kicked off by noting that bitcoin was a great example of what a consensus system could do.
“We’ve not been able to create 200 million