Kurt Wuckert Jr. was back on the CoinGeek Weekly Livestream with an Ask Me Anything episode. The CoinGeek host touched on a multitude of topics on the program, beginning with the newly launched Kensei platform by nChain. Kurt describes Kensei as a \u201cdashboard that allows a corporate client to be able to have any information that they want on the blockchain.\u201d The information, he says, \u201ccould be anything from business documents, data, simple timestamping or it can be the backbone of something more complex.\u201d<\/p>\n
For years, nChain\u2019s focus has been on Bitcoin research development, but as Kurt points out, nChain is now transitioning to becoming a more product and service focused company. \u201cThe research and development stuff on Bitcoin has been done,\u201d Kurt notes. He believes it\u2019s time for people to focus on \u201cselling a product or service to the real economy and getting customers who need a reduced payment friction solution or an increased data integrity solution.\u201d<\/p>\n
From here, Kurt congratulates his friend David Case, lead developer of CrytpoFights and the rest of the FYX Gaming team for their recent success. At the moment,\u00a0CryptoFights, which runs on the BSV blockchain is experiencing exponential growth with over half a million daily on-chain transactions and growing. Kurt briefly discussed the app\u2019s history stating that \u201cCryptoFights was made to be built on Ethereum and moved to BSV because only BSV can handle what they wanted it to do.\u201d<\/p>\n
Another hot topic discussed in the program is the news released by City AM that Amazon will start accepting BTC as payment by the end of the year, a report denied by the multinational company. CoinGeek Weekly\u2019s executive producer Alex Moon popped in to ask Kurt\u2019s take on the matter, to which Kurt quickly clarified the report as false. \u201cAmazon was simply reaching out to hire a cryptocurrency or blockchain expert to do research into the payment space.\u201d But if the report were to be true, he said, \u201cnobody can scale to the point where you can pay for stuff on Amazon anyway.\u201d The only blockchain that could handle Amazon\u2019s business is BSV.<\/p>\n
Once again, Kurt shares his views on BTC\u2014or any digital currency for that matter\u2014that is perceived to be, only a store of value. \u201cWe don’t need more investment vehicles in the world,\u201d he points out. For his part, creating economic value is what truly matters. \u201cYou can’t just absorb value forever, people need to actually produce things and do work in order for there to be value to be absorbed into an asset.\u201d<\/p>\n