Cryptoland Updates (9/5/18) - Shapeshift disappoints 😔 Andreas Responds, Jack talks to Congress 🏛
Jack, of twitter talks to congress about blockchain for identity and trust.
"You previously expressed interest in the broad applications of blockchain technology, including potentially in an effort to verify identity to fight misinformation and scams. What potential applications do you see for blockchain?" Matsui asked.
Dorsey – who said earlier this year that he hopes that bitcoin will become the Web's "native currency" – replied:
"First and foremost we need to start with the problems that we're trying to solve and the problems we're solving for our customers and look at all available technology in order to understand if it could help us accelerate or make those outcomes much better. Blockchain is one that I think has a lot of untapped potential, specifically around distributed trust and distributed enforcement potentially."
"We haven't gone as deep as we'd like just yet in understanding how we might apply this technology to the problems we're facing at Twitter, but we do have people within the company thinking about it today," he went on to say.
https://www.coindesk.com/dorsey-tells-congress-twitter-is-thinking-about-blockchain-solutions/
Looks like Shapeshift is caving to regulators.. The go to place to quickly & easily trade cryptocurrencies, you simply send this then receive that, no registration ever required, is now requiring customers to spend time registering and are required to give them personal !, putting our info at risk and excluding a huge demographic of people.
Luckily, there are many new decentralized exchanges including open bazaar, faast, or bancor (for ethereum erc20 tokens only)
https://info.shapeshift.io/blog/2018/09/04/introducing-shapeshift-membership/