After a full day of looking at the transactional capabilities of Bitcoin, the second day of CoinGeek Live took a long hard look at all of the data ledger capabilities the Bitcoin SV (BSV) blockchain is capable of. The first half of the day looked at how BSV is helping businesses create better ways of transmitting and recording data, while the second half looked at regulations with Congressman Darren Soto, as well as tokenization and BSV’s use in transaction processing.

Big Data is better on Bitcoin

After a quick welcome from Bitcoin Association Founding President Jimmy Nguyen, the day began with a look at how BSV is already enabling the Internet of Things (IoT), and delivering the best Dig Data service available. Paul Chiari, Founder of Weather SV and MetaStreme, broke down how his companies are already helping businesses record and use important data at minimal cost, thanks to Bitcoin SV’s massive scaling and micro transactions. “MetaStreme is now actively working to bring real world solutions on to the platform, and some of our initial project partnerships are underway.”

For those interested in more direct internet applications of Bitcoin SV, Jeff Chen, Founder and CEO of Maxthon Ltd, creator of the Maxthon Internet browser. Maxthon has decided to shift towards being a Bitcoin SV based browser, with NBdomain supplanting traditional domains and providing Know Your Customer (KYC) benefits. “Each NBdomain is associated with a public key. The public key can be used to identify the owner without disclosing the privacy information.”