Preventions to contain the advance of the coronavirus haveled to the cancellation of severalevents, related to bitcoin, cryptomonics and blockchain, a situation thatis affecting the ecosystem in several ways.
On March 6, the organizers of the Bitcoin 2020 Conferenceannounced that the event would be postponed and instead of being held on March27, it will be held in the third quarter of this year. It is not the firstevent related to cryptocurrencoes, or technologies, that has been postponed asprevention against the coronavirus epidemic.
The organizers of the Paris Blockchain Week Summit 2020 also explained that, due to the coronavirus, the event planned for March 31 will be held on December 8. As Crypto News Flash reported, IOTA had planned two events for this month. But they shortly announced the cancellation for both events.
Other important events in the area of technology, such asthe I/O Conference organized by Google, the annual event held by IBM, and theF8 organized by Facebook, have also been postponed in order to avoid bringingtogether a large number of people from different parts of the world in oneplace.
However, there are other events under consideration and nodecision has yet been made as to whether or not they will be postponed. Amongthem is Consensus, scheduled for May 11 in New York. Also on this list is theBlockchain Summit Latam on March 12 in Panama and the Digital Asset Sutmmitscheduled for May 13 in London.
The whole cryptoindustry is slowed down
Jiang Zhuoer, CEO of BTC.top commented on the cessation ofoperations at one of its mining farms in Xinjiang, China, due to governmentquarantine measures to keep the coronavirus situation under control. There iseven a delay in mining equipment shipments because controls have forced severalmining equipment manufacturers in the country to cease operations.
On the other hand, Brian Armstrong, Coinbase’s CEO,published a tweet asking his employees to work from home as a measure to reducethe risk of infection. He also published a document in which he explains hisplans regarding the disease.
Ryan Selkis, founder of Messari, a data analysis firm, alsochose to have his employees work remotely, and recommended that they discardany planned business trips
As a result, the preventive measures being taken as a resultof the coronavirus have ended up affecting more markets than originallyexpected.
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