Zug, Switzerland, May 7, 2021 (GLOBE NEWSWIRE) – (via Blockchain Wire) Bitcoin Association, the Swiss-based global industry organization that works to advance business with the Bitcoin SV blockchain and BSV digital currency, today released ‘ hui its second annual report, highlighting its work and achievements throughout 2020
The report, which is now available for download on the Bitcoin Association’s website, is the first to be released since the Bitcoin Association became a non-profit association (Verein) in Switzerland. It is divided into 13 sections and covers the multifaceted global work program undertaken by the Bitcoin Association in 2020, including:
- Bitcoin SV network progress
- Developer initiatives
- Technical standards
- Public policy
- Media and content
- Outlook for 2021
Highlights of the report include:
- The significant technical advancements made by the Bitcoin SV network – including new world record block sizes and demonstrated transaction capacity.
- The release of Bitcoin SV Academy – a dedicated e-learning platform offering college-style, college-grade educational resources on Bitcoin – in addition to the launch of the world’s first Bitcoin-focused Massive Open Online Course (MOOC) in partnership with the Saxion University of Applied Sciences in the Netherlands.
- Significant progress in the public policy arena, including consultancy work during the drafting phase of the Baseline Digital Asset Bill 2020 in Antigua and Barbuda, which introduced a comprehensive legislative and regulatory framework for governing companies under its jurisdiction operating in the digital asset space.
Speaking about today’s post, Bitcoin Association Founding President Jimmy Nguyen said:
“ The release of our 2020 Annual Report today illustrates the great strides that the Bitcoin Association and Bitcoin SV have been able to achieve against the backdrop of an extremely difficult year for everyone. In particular, the work the Association has undertaken and the progress made in the education, developer, public policy and media spaces are extremely encouraging, as is the overall maturation of companies in the Bitcoin SV ecosystem. As seen throughout the report, 2020 has been a hugely important year for the Bitcoin Association and Bitcoin SV – a year largely focused on laying the important foundation needed for further progress and the next phase of BSV utility growth. in 2021. ”
About the Bitcoin Association
Bitcoin Association is the global industry organization based in Switzerland that works to advance business on the Bitcoin SV blockchain. It brings together essential components of the Bitcoin SV ecosystem – companies, start-ups, developers, merchants, exchanges, service providers, blockchain transaction processors (miners) and others – working alongside them, as well as in a representative capacity, to drive the use of the Bitcoin SV blockchain and the adoption of the BSV digital currency.
The Association strives to create a regulatory-abiding ecosystem that promotes legal conduct while facilitating innovation using all aspects of Bitcoin technology. More than a digital currency and a blockchain, Bitcoin is also a network protocol; 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 operate the globally unique blockchain on Bitcoin SV.
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