The UK Parliament hosted a blockchain roadshow event featuring live demonstrations of blockchain technology applications from projects like Oracle, Everledger, IOTA and Lloyds of London. The goal was to educate UK policymakers on blockchain's potential for supply chain management, international trade, and insurance claims processing. Attendees advised incorporating blockchain into key UK industries. This initiative shows the UK government's forward-thinking approach to the fast-evolving blockchain space.

1. From: Kasper from Ethfinex newsletter@ethfinex.com
Subject: State of Ethereum: UK Parliament Host Blockchain Road-show...
Date: 21 March 2019 at 11:49
To: ben.wilson@ethfinex.com
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but the history of fiat currencies is full of breaches of that trust. Banks must
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Food for Thought
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2. The overall trend remains bearish below the former major support at $180,
with volume continuing to taper off after making a brief stab above the range
to $143, but the move failed to muster any follow through and continues to be
range bound.
The open interest on Bitfinex and other derivatives platforms continue to
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Market Analysis (DYOR!)
With Nick Cote

3. The open interest on Bitfinex and other derivatives platforms continue to
move to new all-time highs, which while in a sideways market, is indicative
that a large market movement is not too far around the corner. Assuming the
majority of the OI isn’t positioned correctly when the move finally does
happen, they will add substantial fuel to the movement, as there will be a slew
of stops being triggered and people looking to exit and flip their positions.
If the market continues to drift up the way it has, with no volume supporting
it, I’d be expecting the bears to step in and slap the market down if it nears the
daily resistance at $160. For now, the best course of action is to remain patient
and wait for money flow to provide clues to what will happen next. With a
move above the previous high at $143, I’d be expecting the market to quickly
move to the daily resistance at $160, and in the opposite direction, I’d be
looking for a break of $133 to signal the start of a continued down move to the
lower support levels.
Support: $127, $122, $117
Resistance: $144, $160, $180
Bio: I’ve been involved in the space since late 2012, and trading crypto
specifically for that past six years. I’m currently serving as CIO at Redact
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What?
The All-Party Parliamentary Group on Blockchain organised a 'blockchain
road-show' - an event featuring live demonstrations and use-case
presentations from a number of projects in the space; Oracle, Everledger, IOTA
and Lloyds of London.
Why?
The event featured live demonstrations designed to expound the potential of
blockchain technology for supply chain management, international trade,
transaction settlement and insurance claims. The primary goal was to educate
UK policymakers on the scope of this new technology.
“This is a pivotal moment for UK, which could define our future leadership in
governance, commerce and competition.” Fernando Santiago, research and
project manager at Big Innovation Centre.
What Now?
Additionally, the projects involved advised the government on how best to
harness the use of blockchain for key industries such as education, healthcare
and other finance-related sectors. This could bode well for the UK's blockchain
industry and shows a clear, forward-thinking initiative from the government.
Story of the Week
UK Government Seeks Advice from Blockchain
Projects

5. industry and shows a clear, forward-thinking initiative from the government.
Coupling this with the recent crypto-friendly guidance from the FCA, it will be
interesting to see how policymakers react to the fast-evolving innovations of
blockchain.
Source.
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