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Increased Focus on Distributed Payment Protocols and Crypto-Currencies to Help Catalyze Mainstream Adoption
NEW YORK, Feb. 10, 2014 /PRNewswire/ -- Money2020, the leading global event for disruptive innovations in all aspects of how consumers and businesses manage, spend and borrow money, today announced the launch of '(Bit)coinWorld at Money2020', dramatically increasing the coverage and inclusion of distributed payment protocols and crypto-currencies at this year's Money2020, to be held November 2-6 at the Aria in Las Vegas.
With more than 5,000 attendees--including over 500 CEOs--from more than 2,000 companies and 50 countries expected this year, Money2020 has quickly become the largest and most important event for innovation at the intersection of Payments, Financial Services, Retail, Mobile, Marketing Services, Data and Technology.
"We represent the broadest ecosystem of innovation in money and bring together otherwise disparate and siloed segments, including companies as wide ranging as banks, processors, retailers, payment networks, mobile operators, e-commerce and m-commerce enablers, Internet companies, data companies, marketing services providers, industry and equity analysts, venture capitalists, hedge funds, start-ups, trade groups, regulators, media and much more," said Simran R. Aggarwal, co-founder and president of Money2020. "This allows us to serve as a catalyst for the development and growth of the ecosystem. By adding (Bit)coinWorld as a key element of this year's Money2020, we're expanding our coverage of technology that we believe has real disruptive potential."
(Bit)coinWorld at Money2020 is a platform where leaders in distributed payment protocols and crypto-currencies and leaders responsible for driving commerce innovation can interact, learn and forge critical partnerships. To help accomplish this goal, Money2020 is:
"Money2020 is at the heart of today's most important dialogue in payments and financial services. At our 2013 event, we started to see mainstream interest in bitcoin and other crypto-currencies and we believe that, in 2014, this will evolve into broader and more meaningful dialogue and partnerships, " said Aggarwal. "We're thrilled with the support we have from all of the key stakeholders in bringing this unique program together."
"To realize its full and transformational potential, Bitcoin--and the companies that are making it a reality--must work effectively with merchants, regulators and other established institutions," said Tony Gallippi, chief executive officer of BitPay. "As the premier payments event, Money2020 is well positioned to make that happen and we're excited help by bringing our expertise and leadership to (Bit)coinWorld."
"We believe that bitcoin is nearing a tipping point for broad consumer adoption and recognition worldwide," said Fred Ehrsam, co-founder of Coinbase. "As the largest and fastest growing bitcoin wallet service in the U.S., we're thrilled to be a part of (Bit)coinWorld at Money2020 as these discussions are vital to the acceptance and evolution of crypto-currencies."
"Bitcoin represents a disruptive, distributed and global paradigm shift, with substantial human and financial capital now moving into Bitcoin," said Nicolas Cary, chief executive officer of Blockchain.info. "It will require responsible stewardship, thought-leadership and partnership to move Bitcoin into the mainstream and Blockchain.info is proud to partner with Money2020 for (Bit)coinWorld to help accomplish that."
"Over time, I believe Bitcoin will become widely regarded as one of the most important inventions ever, and (Bit)coinWorld at Money2020 will be a great place for everyone to learn more about it and its broad, global implications," said Roger Ver, a highly regarded early Bitcoin angel investor and evangelist.
"As the fastest and lowest-cost settlement networks in the world, distributed payment protocols, like Ripple and Bitcoin, represent an expansive business opportunity for established banks and payments companies, and the opportunity for the world of value to be woven together just like our information web," said Chris Larsen, co-founder and chief executive officer of Ripple Labs, creators of the Ripple protocol. "Amidst this economic paradigm shift, Money2020 is a fantastic venue for a meeting of the minds between the worlds of cryptocurrency and financial institutions to advance the movement. I'm looking forward to (Bit)coinWorld."
Additional details about (Bit)coinWorld will be announced in the coming weeks and months, including speakers, sessions and special onsite experiences to take place during Money2020, November 2-6, at the Aria in Las Vegas.
As the leading and largest global event covering commerce at the intersection of payments, financial services, mobile, retail, marketing services, data and technology, Money2020 brings together the broad, worldwide community of innovators that is profoundly changing how consumers and businesses manage, spend and borrow money. 2014's Money2020 (including (Bit)coinWorld at Money2020) will be held on November 2-6, at the Aria in Las Vegas and is on track for 5,000+ attendees, including 500+ CEOs, from more than 2,000 companies and 50 countries.
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