Last week, I attended an enterprise blockchain event here in New York, where a panel of experts from Consensys, EOS New York and other firms discussed how their technologies could revolutionize the way businesses operate. What struck me most about the presentation, though, was the limited vocabulary we have to even talk about this technology: “Blockchain” isn’t accurate in some cases (Hashgraph and Iota aren’t “chains,” for instance), and “distributed ledger technology” sounds clumsy and vague. As the sector changes rapidly, agreeing on the terminology for what we’re talking about will remain a challenge. But it seems to me one worth thinking about.
On the other side of the globe, my colleague Wayne Ma discussed the growth of crypto in Asia in an interview with Henri Arslanian, the head of PwC’s regional fintech and crypto practice. Plus, we look at what Dfinity’s new funding round means for the competition among blockchain platforms.