Canadian blockchain companies want to know where their government stands on the crypto space, a new report commissioned by the Canadian Digital Chamber of Commerce shows.
The report - one of the first to take a comprehensive snapshot of Canada's blockchain ecosystem - sheds new light on the country's nascent crypto firms, who appear largely bullish on their own future and are increasingly eager to know if their government feels the same.
Though separate from U.S. regulators and from other global regulatory bodies, Canada's government has been reticent to establish crypto regulations that might conflict with other countries' laws, said Michael Gord, CEO of Toronto-based MLG Blockchain consulting group.
To grow Canada's blockchain footprint, she said, the advocates and policymakers needed to have reliable data.
CDCC partnered with Accenture and the Blockchain Research Institute to find it.
About 25 percent of businesses reported spending nothing on blockchain projects in the past five years, though only 11 percent said they'd continue to devote no resources in 2020.
The report found new blockchain businesses going where their off-chain counterparts already dominate.
Banking hub Toronto hosts many blockchain trading exchanges; the capital city, Ottawa, sees cybersecurity and government IT firms; and Alberta, the heart of Canada's petroleum industry, has a proliferation of supply-chain startups.
Women are underrepresented in Canadian blockchain companies, but not by much: they comprised about 42 percent of the average company's respective workforce, serving in roles from marketing to technical development.
Canada's biggest winners, the report shows, are the workers in the blockchain space.
Canada's Blockchain Sector Wants Legal Clarity, New Report Shows
Publicado en Oct 9, 2019
by Coindesk | Publicado en Coinage
Ethereum Name Service Adds Multicoin Support
Distributed naming system Ethereum Name Service has announced the launch of multicoin support as 15 cryptocurrency wallets already plan to utilize the new feature.
You Can Now Get a Master's in Blockchain From a School in Malta
The University of Malta's Masters Blockchain and Distributed Ledger Technology began its inaugural semester this October, with around 35 students enrolled in the island nation's only DLT-specific masters program - one of the few such programs around the world.
California Man Sues AT&T Over Loss of $1.8M and Crypto Accounts
California resident Seth Shapiro has filed a lawsuit against wireless service giant AT&T alleging that its employees helped to perpetrate a SIM-swap which resulted in the theft of over $1.8 million in total, including cryptocurrencies.
As Bitcoin price nears 50% drop, analyst foresees deeper correction for Ethereum
Since achieving $13,920 at the yearly peak, the Bitcoin price is nearing a 50 percent drop and according to a technical analyst, it could mean a larger correction for Ethereum.