Apple Co-Founder Joins L.A. Crypto Summit – Los Angeles Business Journal

Organizers of 2018 Crypto Invest Summit concluding workweek confirmed that a keynote address from Apple Inc. co-founder Steve Wozniak is on the schedule for its Oct. 22-24 rivulet at the Los Angeles Convention Center .
The acme, which sold out the Convention Center ’ s Concourse Hall last class with a crowd of about 4,500, aims to increase mainstream understand and use of blockchain and cryptocurrencies. Summit co-founder Alon Goren says he expects around 6,000 attendees this year, when the league will “ closely doubly its feather footage ” by adding Petree Hall and meet rooms upstairs .
Wozniak ’ second tonic which will address the electric potential applications of Bitcoin and how blockchain technology can be used to create commercial products.

“ I am very excite to speak about the potential for Bitcoin and blockchain at Crypto Invest Summit, ” Wozniak said in a statement. “ I want to speak with the biggest players in the blockchain community, challenge them to make innovative products that create utility and then bring real value to their users. ”

“ No one demonstrates initiation and distributing its rewards to those who helped build it more than the Woz, ” said Goren .
TechCrunch reported that roughly $ 1.3 billion was raised in entire fund by companies in the blockchain segment from January 2012 to May 2018 .
There are few signs the stream of money pouring into the diligence will dry up soon .
Goren believes the conference will help increase Los Angeles ’ blockchain industry profile .
“ Los Angeles in general has a set of funds and companies that are building very big cryptocurrency companies and blockchain companies in general ; and some of the most long-familiar companies have their roots in L.A., ” Goren said. “ A boastful share of what we do in the acme is to show investors around the universe the companies that are in L.A., and then show investors that are here companies around the earth. ”
Wozniak is known for designing Apple ’ s first marketed calculator and developing the Apple II, one of the first commercially mass-produce microcomputers. The Cupertino-based company supports exploration in the discipline but merely from authorized sources – in June it banned app developers from creating applications or games which mine cryptocurrencies while running on users phones or computers .
HyreCar Partners With NIADA

Downtown-based on-line car sharing marketplace HyreCar Inc. entered into a strategic partnership with the National Independent Automobile Dealers Association on Aug. 7 .
The partnership was arranged by DriveItAway.com Inc., which for six months has been attending NIADA events to promote car-sharing at dealerships. HyreCar, working with DriveItAway, will have access to the NIADA ’ s membership of 17,000 domestic extremity dealerships, and will encourage dealers to use their platform to enter the car-sharing ( mobility as a service ) grocery store .
HyreCar began working with DriveItAway in July 2018 .
NIADA provides education to mugwump car dealers and lobbies on behalf of an estimated 38,000 licensed use cable car dealers worldwide .
HyreCar ’ south commercial enterprise model allows fomite owners and dealerships to rent or lease their vehicles to prospective ride-share drivers an choice to buy at the end of the lease .
NIADA executive Scott Lilja said the course of study “ gives all NIADA members the opportunity to create an contiguous fresh profit center, expand their portfolio of restricted buyers and sell more vehicles. ” HyreCar will besides provide car policy designed specifically for car-sharing arrangements and train dealerships how to adequately use its car-sharing platform. The broadcast is dislodge for them to join with their NIADA membership .
The National Independent Automobile Dealers Association is headquartered in Texas and operates its California chapter from a adeptness in Roseville. HyreCar was co-founded by Abhi Arora and Andy Bansal in 2014 and employs approximately 30 people. It has a market ceiling of $ 31.2 million and reported revenues of $ 4.4 million in March 2018 compared to $ 3.2 million in December 2017, according to Pitchbook .
Electronauts Emerge
Culver City-based virtual reality game studio apartment Survios Inc. launched its virtual reality music app Electronauts last week after teasing the concept death December. The app can be played on HTC Corp. ’ s Vive headset, the Oculus Rift from Facebook Inc., and PlayStation V.R. headsets made by Sony Interactive Entertainment Inc. The app allows users to remix and play with output of 38 pre-recorded songs from democratic electronic musicians such as Tiesto, Steve Aoki, and others .
The goal of Survios ’ crippled is to immerse players in the experience of being a successful solo artist or band playing to a populate crowd. Survios has launched the platform in 38 countries, where it sells the games for $ 18 to $ 20 each.

“ There ’ s no melodious skill necessity, but DJs will love integration Electronauts into live shows while newbies can jam out with friends in their animation rooms, ” Survios congressman Maria Gonima said in a statement .
Staff reporter Samson Amore can be reached at samore @ labusinessjournal.com or ( 323 ) 556-8335 .

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