Around Town With Phil: Decrypting Cryptocurrencies
Cryptocurrency, also known as virtual currency or digital currency, took the world by storm in 2017. Like real currencies, cryptocurrencies allow their owners to buy goods and services.
However, much of the interest so far in these unregulated currencies is to trade them for profit, with speculators driving prices skyward. More speculators seem to be piling in every day. In 2017, according to Business Insider, new cryptocurrencies raised more than $3.5 billion in initial coin offerings. An ICO is a type of fundraising similar to the initial public offerings of stock, in which the public is allowed to buy coins in the offering. Things only got hotter as 2017 progressed, and the ICO market remains red hot in 2018.
To better inform people about exactly what this digital currency is all about, the UMass Dartmouth Center for Innovation and Entrepreneurship will be hosting a cryptocurrency technology forum.
The educational presentation intends to explain the technology behind popular cryptocurrencies and investment trends.
On April 12 between 5:30 and 8:30 pm, the UMass Dartmouth Center for Innovation and Entrepreneurship, through the Southern New England Entrepreneurs Forum (SNEEF), will host a discussion of cryptocurrencies and the blockchain technology that makes them possible.
Experts on cryptocurrencies from the Bitcoin Market Journal, MIT, Harvard Medical School, and cryptocurrency technology firms will gather to discuss how blockchain technology works, how investments can be made, and how people can research this new economic market.
The event will be held at the Center for Innovation and Entrepreneurship at 151 Martine Street in Fall River. You can find more information here.
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