Barcelona Hosts the European Blockchain Convention
Last week, the Hyatt Tower in Barcelona became the epicenter of crypto enthusiasm as around 2,500 blockchain aficionados gathered for the European Blockchain Convention (EBC). Despite the turbulent waters of the crypto market, with Bitcoin dangling below $25,000 and over a 60% downturn in value, the convention was a vibrant showcase of earnest discussions and networking.
A Packed Venue Amidst Market Challenges
The atmospheric conference drew attendees spanning banks, blockchain enterprises, and crypto startups, all eager to engage in what has become the fourth EBC hosted in Barcelona. Conversations buzzed around regulatory concerns and the lingering scars of 2022, showing that despite the glam of the event, many were still wary of the turbulent past.
Bankers Meet Blockchain Enthusiasts
An interesting mix of perspectives was unveiled as bankers from major institutions like Santander, HSBC, and Société Générale shared the stage with prominent figures from the crypto world. One notable comment came from Stef Wynendaele, who articulated a refreshing view on collaboration: “Everybody says, ‘We don’t want to talk with the banks… But they’ve actually been around for 300 or 400 years. They have a lot of experience on how to do things—or how not to do things.’” It seems that joining forces might not be such a bad idea after all!
The Debate on Regulation
Amidst the lively discussions, the topic of regulation became the hot potato. Cathy We from NGC Ventures posed a thoughtful consideration, asserting that while current scrutiny from regulators is tough, it’s what may ultimately set the stage for a safer future. “You want your best talent to work in a very compliant environment so they don’t get caught and go to jail,” she quipped, probably with a wink.
Innovation Shines Bright
While regulatory talks prevailed, innovation also made waves at the convention. The phrase “recycle to earn,” introduced by blockchain innovator Circularr, won the hearts of many and the coveted CT accelerator prize worth $35,000. The concept of recycling through blockchain aims not only to incentivize green practices but also to restore trust in recycling processes. It’s also a reminder that even in a bear market, creativity and disruption will always find a way to shine.
