When cryptocurrency innovators come together, new ideas are created; solutions to challenges are found, and investors are given the motivation to possibly invest more into the space. Regardless of whether someone is a newbie or veteran, it is events such as CoinFestUK, which provide an educational platform to share and learn new tricks of the trade.
Taking place in Manchester between the 5th-7th April, CoinFestUK is an event that has come and gone this year, but it attracted a diverse range of speakers and exhibitions. Whether it was attending one of the many workshops held by Portsmouth Crypto, Blockchain Manchester who demonstrated KnownOrigin[2], or Colmore FX, to name but a few, the aim was to impart knowledge on investors that have several trading levels.[1]
In-depth discussions were also the order of the day, with one panel discussion focusing on hotly debated topics: adoption, regulation and the law, security and privacy, economics, and technology.
Panelists included Theo Goodman, bitcoin consultant, Obi Nwosu, CEO and co-founder of Coinfloor, Dr. Dominik Thor, CEO of IPChain Database, Danny Brewster, former CEO of Neo and Bee, and Landry Ntahe, CEO of BCB ATM.
On the adoption front Brewster, who was there to discuss his new startup bthebank.com, said that there are plenty of opportunities to improve the user experience because bitcoin is still ‘in the realm of the geeks who use it,’ adding:[3]
“If you go and give someone an eight number account and then go and give them a 34 character alphanumeric string, which one is going to be used the most?”, Brewster asked. “They are going to opt for the traditional bank account where they can send faster payments in the U.K. every single time.”
He added by stating that there are lots of opportunities
