Fresh Kicks on the Blockchain

Consensus 2016 Sale Ends in... This Week's Must Reads - The recent furore around bitcoin network disruptions caused some wallet providers to reveal that they are raising standard transaction fees or that that have recently received a record number of support requests. There may be a rocky (blocky?) road ahead for bitcoin in the short-term, but the space continues to attract new players and every week there are extensive tests using a veritable smorgasbord of blockchain technologies.  Fresh kicks on the blockchain Chronicled, which has just raised $3.42m in seed funding, are aiming to bring authenticity verification and provenance of luxury goods using blockchain technology. The somewhat surprising use-case - sneakers. (CoinDesk) Blockchain Banks With 70% of financial institutions believing that blockchain will be good for business, it's not strange to see banks seeing what a blockchain can actually do. R3 has revealed more information about its first large-scale project involving 40 banks (two did not have the resource(!)). R3 managing director Tim Grant had this to say, "This is just the beginning, I think there’s going to be a lot of banks and use cases, a lot of different types of projects."(CoinDesk) In a development that seems to echo the ESMA Director's comments about blockchain enhancing the post-trade process, Japanese bank Mizuho has revealed that it have been testing just such a solution. It has tested a faster post-trade process using the Open Assets protocol in conjunction with IT giant Fujitsu. (CoinDesk) AirBnBlockchain AirBnB's co-founder has hinted that blockchain technology signals could plug in to their identity verfication engine. (City AM, CoinDesk) Ethereum Fuels Blockchain Hype Ethereum blockchain startup Slock.it has partnered with German power company RWE to test a blockchain solution that integrates with electric car charging stations. It is hoped that this smart-contract solution can deploy electricity more efficiently as well as save users money. (CoinDesk) Consensus 2016: $300 off Tickets The agenda is filling up for our annual blockchain technology summit, and we've added twenty more speakers this week too. Use code ' C16FOMO' at checkout for the next 24 hours to get the discount. Any issues? Make sure you get in touch.  Already got your tickets? Book your place at the venue here.  Read More Blockchain News → Quote of The Week There's been a spate of parody Twitter accounts in the space recently, but the current favourite in the office has to be Lil Buterin. "Bitcoiners worryin' bout blocksizes, Ethers here quit cryin, no compromises. We here to run crypto, defacto, y'all can't even deny it." Lil Buterin, on Twitter. Found a blockchain analogy, quote or anything else of interest? Email newsletter@coindesk.com with what you found! If you like what you see, please share CoinDesk Weekly with your friends. Use this link. CONSENSUS 2016 Save $300 with code 'C16FOMO' Get Noticed at Consensus 2016 Increase your exposure as an exhibitor in one of C16's networking lounges. Kiosks and knowledge bars are located in high traffic areas and in close proximity to keynotes and track sessions, providing a great opportunity to establish your presence, draw attention to your unique offering and conduct client meetings. Contact Peter Bordes, bordes@coindesk.com for more info. Share this email

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