The sold-out “Consensus 2016: Making Blockchain Real” conference in New York City was notable for its many big-name presenters from both inside (Gavin Andresen, Vitalik Buterin) and outside (Larry Summers, Delaware’s Governor Jack Markell) the Bitcoin world. The basic pitch is that blockchain is going to revolutionize the world, and that all the big guys are invested in it and we’re just getting started, ... Larry Summers…. Print this Article ... the blockchain will change a great deal of financial practice and exchange,” one-time U.S. Secretary of the Treasury Larry Summers said in a May 2016 speech. The initiative is a partnership between Accenture and the Digital Dollar Foundation to explore a US central bank digital currency (CBDC) through public discussions. Content Type: Article This article is rated out of 5 stars. Previous. Mr. Summers, who currently serves as an advisor to Xapo, will share his pragmatic perspective on bitcoin and the blockchain, and offer thoughts on how new technologies like cryptocurrencies could be integrated into the heavily regulated global financial system. Blockchain is likely to have a significant impact on the financial industry, says former Treasury Secretary Larry Summers.

Building Up Blockchain. Today the Digital Dollar Project published its first whitepaper outlining a pragmatic set of design features to be investigated. The Digital Dollar Foundation was co-founded by former CFTC commissioner Chris Giancarlo and is […] Former US Secretary of the Treasury Larry Summers took part in a fireside chat at Consensus 2016 today, in which he spoke in depth about emerging financial technologies such as blockchain and bitcoin and the impact such inventions could have both separately and together.

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