Blockchain Speakers Interview Series
The Blockchain Expo conference arrived in Santa Clara on 28-29 November 2018. The conference featured notable experts exploring the industries set to be disrupted most by blockchain technology.
Introducing Patrick Macedonas
Patrick Macedonas is the Ecosystem Developer for fintech startup Hello Group. Their blockchain platform Hello Diamonds sources over over 800,000 of the diamond industry’s best precious stones into a user-friendly web platform. Patrick discovered Bitcoin while studying law at University of Hull in UK. Since 2017 he’s invested in 30 cryptocurrencies and become an expert on the state of the blockchain industry. Hello Diamonds is registered under the Canadian Stock Exchange under the supervision of its chief accountant with transparent economic reports made available to the public at all times.
How was your talk meaningful for Blockchain Expo attendees?
“We’ve noticed that stablecoins are the latest fashion in the cryptocurrency industry. Many have come to life over the last few months. The problem though is that most of these stable coins aren’t stable. They’re depreciated along with the fiat currency they’re backed by because fiat is not backed by any asset. Our goal at Hello Diamonds is to bring to the market a true stablecoin. Finally, people will have an optional currency besides fiat that won’t keep losing value.”
What specific tips or insights did attendees get?
“Stablecoins are the solution to locking in profits from the crypto market. But you need a stable coin that’s really stable. As a result, we chose one of the most stable assets on the planet as collateral – diamonds. Instead of your fiat money going down in value or fluctuating like gold or crypto, you now have a real hedging option where your money stays constant or slightly appreciates.”
Why did you decide to give this talk?
“I want to tell the world how our project will help the blockchain industry continue while avoiding the disadvantages of fiat currencies and stablecoins. We have other better tools with asset-backed truly-stable coins that are fully audited under the Canadian stock exchange. We hope to see the world one-day using DiamCoin and benefiting from blockchain technology whilst not being subject to the volatility of speculative coins.”
About Blockchain Expo North America
Attendees at Blockchain Expo North America met with over 8,000 + like-minded individuals, 400+ exhibitors such as IBM, SAP, Hyperledger, Stratis, Enterprise Ethereum Alliance and Bitfury, in a series of networking opportunities. The Blockchain Expo allowed them to ask questions to the events 250+ thought leading speakers in Q&A sessions.