ETHERLive
ETHERLive delivers real-time price and volume data across 16+ exchanges to users in a clear and easy-to-understand package. Users can get up-to-the-second updates for each exchange/currency pair, as well as aggregated market averages for each exchange, currency, and the market as a whole. It also provides a global converted average of all the currency pairs monitored by ETHNews, converted to USD.

---

24hr ---
--%
Monday Jul 23rd 2018
RESOURCES

The Basics

Learn the basics of Ethereum and various cryptocurrency technologies

Learn More

What is Ethereum?

Understand the underlying principles of the Ethereum Platform

Learn More

The Blockchain

Discover the revolutionizing technology known as the blockchain

Learn More
SUBMIT

Press Release

Submit a press release for consideration on ETHNews

Submit Press

Story / Dapp

Submit a story or DAPP to be considered for publication on ETHNews.

Submit Story

Explanation

Submit "Ethereum Explainer" content for consideration to be featured on ETHNews

Submit Topic
ETHNews Logo
---
--%
Home
News
Etherlive
Ether Price Analysis
Resources
Contact Us

Karen Bhatia Of The Newly Launched NYC Blockchain Resource Center: ‘We’re Looking To Collaborate’

By

Roni

Rose

WriterETHNews.com

We caught up with Karen Bhatia, vice president of Creative and Applied Tech at the New York City Economic Development Corporation, to talk about the launch of the NYC Blockchain Resource Center.

Earlier this week, the New York City Economic Development Corporation (NYCEDC) announced a project aiming to reshape New York into a more blockchain-friendly environment. The non-profit corporation will be launching the NYC Blockchain Resource Center later this summer. 

"We understand the need to protect consumers and investors … and we want to provide a forum where we're bringing everybody to the table and saying, 'Let's have smart regulation, but simultaneously, let's create an environment that fosters innovation,'" said Karen Bhatia, vice president of Creative and Applied Tech at the NYCEDC. 

Since the BitLicense was implemented, several prominent blockchain ventures have left New York. The new initiative aims to kickstart an open discussion around regulation. The center will hold workshops for government leaders and community members to learn the basics of blockchain technology and potential use cases.

Parallel to its advocacy and education efforts, the center aims to provide guidance to entrepreneurs who are building blockchain startups. "It will be like a community center of sorts, where people can come in and we can help them build a roadmap for how to proceed with their businesses. If they have questions about regulations, legal implications, accounting, commercialization … we'll have a network of support services that can help them," Bhatia continued. 

Following a series of workshops to connect entrepreneurs to the public and to government leaders, startups will engage in a pitch competition organized by the resource center and NYC BigApps, a community-based technology competition and incubator. This particular challenge will focus on blockchain solutions to government problems; the organization hopes to show that a balance can be reached between consumer protection and business innovation. 

"Aside from the government integrating blockchain into their operations, as the general public has more familiarity of how blockchain works, people will be more likely to use blockchain products as they come out – they won't need to be concerned about privacy issues," Bhatia said. She emphasized the importance of connecting entrepreneurs to the public, especially so that startups can reduce the intimidation factor of using a blockchain-based app and improve the user experience. 

NYCEDC wants this to be a community effort and is looking for anyone with resources to get involved. "One of the amazing parts of the blockchain community is that it is so collaborative, and it has such a 'pay it forward' mindset … We're looking to collaborate across the board, whether it's organizations in the private or public sector, people in academia, or people with funding they can leverage, everybody is welcome to pitch in."

Roni Rose

Roni Rose is the founder of Blockchain Bea, a podcast that teaches non-technical people about the basics of cryptocurrency and blockchain tech in a fun and casual way, as well as introduces them to ventures using blockchain to make a positive impact.

ETHNews is committed to its Editorial Policy

Like what you read? Follow us on Twitter @ETHNews_ to receive the latest New York City, blockchain or other Ethereum interviews news.