Zug, Switzerland, May 07, 2021 (GLOBE NEWSWIRE) – (via Blockchain Wire) The Bitcoin Association, a Switzerland-based global industrial organization working to advance the Bitcoin SV blockchain and digital currency BSV business, today publishes its second year report highlighting its work and achievements over the course of 2020.
The report, which is now available for download on the Bitcoin Association’s website, is the first to have been published since the Bitcoin Association became a non-profit organization in Switzerland. It is divided into 13 sections and covers the Bitcoin Association’s multi-faceted global work program in 2020, including:
- Bitcoin SV network progress
- Developer initiatives
- Technical standards
- Public order
- Media content
- Outlook for 2021
The highlights of the report include:
- The significant technical advancement of the Bitcoin SV network – including new world record block sizes and demonstrated transaction capacity.
- The launch of the Bitcoin SV Academy – a dedicated online learning platform that provides university quality educational resources in academic quality about Bitcoin – as well as the launch of the world’s first Bitcoin-focused massive open online course (MOOC) in partnership with Saxion University of Applied Sciences in the Netherlands.
- Significant advances in public policy, including advising on the drafting phase of Antigua and Barbuda’s landmark 2020 Digital Asset Business Act, which introduced a comprehensive legal and regulatory framework for regulating businesses in its digital asset jurisdiction .
Jimmy Nguyen, founding president of the Bitcoin Association, said of today’s release:
‘The publication of our 2020 Annual Report today shows the great strides the Bitcoin Association and Bitcoin SV have made against the backdrop of an extremely challenging year for everyone. In particular, the work of the association and advances in education, developers, public order and media are as encouraging as the general maturation of businesses across the Bitcoin SV ecosystem. As can be seen throughout the report, 2020 was a hugely important year for both the Bitcoin Association and Bitcoin SV – one that mainly focused on laying important foundations for further progress and the next phase of BSV supply growth in 2021 lay. ‘
Via the Bitcoin Association
Bitcoin Association is the Switzerland-based global industrial organization working to advance the Bitcoin SV blockchain business. It combines essential components of the Bitcoin SV ecosystem – companies, start-ups, developers, traders, exchanges, service providers, blockchain transaction processors (miners) and others – who work together alongside them and in a representative capacity for the further use of Bitcoin SV -Blockchain and the introduction of the digital BSV currency.
The association is working to build a regulation-friendly ecosystem that encourages lawful behavior while enabling innovation using all aspects of Bitcoin technology. Bitcoin is not only a digital currency and blockchain, but also a network protocol. Just like the Internet Protocol, it is the basic set of rules for an entire data network. The association supports the use of the original Bitcoin protocol to run the only blockchain in the world on Bitcoin SV.
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