It has now been confirmed that the second CoinGeek Conference of the year will be held in New York City at The Sheraton, Times Square on October 5 to 7. The much-awaited event will be accepting over 2,000 guests at the venue and will also be broadcasted live to online attendees through the CoinGeek Conference Virtual Platform.
The last CoinGeek Conference was broadcasted live a few months ago from Samsung Hall in Zurich, Switzerland. Only a small group of attendees were allowed due to pandemic restrictions. With the overarching theme of the BSV Enterprise Blockchain igniting the power of data, the CoinGeek Zurich was well-received online and garnered a total of over four million views.
“And those blocks [of data] can contain more than just payments, they also contain the most valuable commodity of our digital economy—the new oil—data and data infrastructure. So many things given to own and monetize our own data, to send electronic cash person to person, peer to peer, anywhere in the world, transcending geographic boundaries, allowing us to have business and government services that are better, creating a universal source of truth that breaks down data silos and opens data transparency, improving the sustainability go our planet, creating new ways to think, cities, communities, homes, lives that are smarter, stronger, better. So many things given if we allow massive scale of blockchain and BSV. We ignite the power of data,” Jimmy Nguyen, founding president of Bitcoin Association, the Switzerland-based global industry organization advancing the enterprise adoption of the BSV blockchain, said during the opening of CoinGeek Zurich.
As the BSV network continues to scale, it can accommodate big and even bigger data at very low transaction fees—the current average of which is at a tiny $0.0023 per transaction. And this rate is expected to be lowered as the Teranode project is released later this year, allowing for the network to process over 50,000 transactions per second (tps). This is something that rivals the capability of the VISA network, and something that popular digital currencies, such as BTC with a maximum capacity of only seven tps and ETH processing only 30 tps at best, could only dream of.
It can be said that the power of data has already been ignited. The BSV blockchain already has the capacity to handle increasingly huge amounts of data and is ready for global adoption. And now, with the theme of “It’s About Time,” CoinGeek New York is going to be all about how it’s about time that big businesses recognize this power for what it truly is—the power to improve global systems and databases and provide innovative technology that creates a better Internet through the Metanet.
“The BSV Blockchain is revolutionizing the world through its data management solutions because of its scalability, stability, security, and safe instant transactions. There are amazing solutions built on top of the BSV Blockchain that allow Supply Chain Management, Health Care, Global FinTech, Marketing, and many other industries to transform the way they do business. It’s about time you knew about them,” the CoinGeek Conference website stated.
In fact, Polynesian country Tuvalu is already in the process of creating the world’s first national digital ledger in order to digitally transform the small island nation and propel it into the future digital economy. This is just but one example of what the BSV blockchain can do, and it’s about time global business leaders take notice of this fact.