Like Many Innovators, Consensus Moves to Texas, Partners with World Economic Forum

Like a lot of people and companies, Consensus is moving to Texas for 2022. The in-person blockchain-focused gathering will take place in Austin in June 2022.

The Mayor of Austin, Steve Adler, commented on the addition of the event to its city’s calendar:

“The future of cryptocurrency and blockchain is exciting, accelerating, and of the day. Every day this disruptive revolution becomes more and more mainstream. Austin, a city of early adopters where new and great ideas flourish, embraces this new world and is eager to ‘welcome home’ Consensus 2022.”

Consensus organizers note that Texas is becoming a blockchain hot spot as innovators flee California and other high-tax/high crime regions. Texas has joined Florida in welcoming entrepreneurs across the board while having a lower cost of living in contrast to old startup ecosystems.

This past June, Texas Governor Greg Abbott signed the Virtual Currency Bill that assured the legal status of virtual currencies. The law amends Texas’ Uniform Commercial Code to help adapt commercial law to blockchain and digital assets, define virtual currencies and offer individuals and businesses a legal environment for crypto investment. Political support for innovation like this does not go unrecognized.

As part of the event, the World Economic Forum is partnering with Consensus.

Sheila Warren, Member of the Executive Committee at the World Economic Forum, said:

“We’re excited to see the World Economic Forum’s work on crypto come into focus at Consensus 2022. As part of this leading crypto event, we’ll be convening sessions around our newly formed Crypto Impact and Sustainability Accelerator and addressing how environmental, social, and governance (ESG) principles intersect with crypto and blockchain technology.”

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