California-based information confidence consultant and author of Mastering Bitcoin Andreas Antonopoulos presented a cryptocurrency-focused event called “Beyond Bitcoin, Unleashing a Blockchain” during Wired Money 2015, an annual discussion hosted by American repository Wired and Spanish Banking Group BBVA.
The purpose of Antonopoulos’ speak was to series a reduction of first-tier Bitcoin startups, and a misled proceed toward a decentralized technology.
Since a commencement of 2015, a bitcoin attention has seen a presentation of several “blockchain startups” and “distributed bill firms” that have partnered with determined financial institutions, batch exchanges, trade firms and multinational banking groups to use Bitcoin’s distributed bill record in transforming and improving normal financial and banking systems.
An augmenting series of these startups have begun to rise applications that could potentially associate to a different operation of cross-industry financial platforms. To accommodate a final and mandate of financial regulators and law enforcement, blockchain startups have focused on building technologies like sidechain, that yield authorities “decentralized” blockchain-based remuneration network with a certain turn of control over exchange and allotment of assets.
In his event during Wired Money, Antonopoulos extensively discussed this judgment of formulating centralized and controllable applications on a blockchain network. Antonopoulos explained that many of these companies or “first-tier”