$18 B Data Firm Using xDai Chain Sidechain for Payments at Conference

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Publicly traded software firm Splunk is using Ethereum sidechain xDai Chain to power the payments at its Las Vegas SplunkConf 2019.Payments at the conference.

Per a report shared with Cointelegraph on Oct. 24, conference participants have the opportunity to use a dedicated, modified version of xDai's Burnerwallet dubbed PonyPurse.

Most won't even know they're using blockchain.

"Most users won't even know they are interacting with blockchain based digital tokens."

He also explained that the BCB distribution method was rather unorthodox, with the tokens having been airdropped to 25,000 wooden poker chips.

According to the xDAI block explorer, there are already over 22 thousand addresses involved with the tokens and over 48 thousand BCB transactions have already taken place.

"Everything starts with the data. I'll share more throughout the week as we turn data into doing. I can't show the really cool stuff until some announcements are made :)". XDAI is a crypto asset pegged to DAI, an Ethereum-based decentralized stablecoin pegged in turn to the United States Dollar.

The chain's native xDAI tokens are created by locking DAI tokens in a smart contract on Ethereum's blockchain.

They can also be destroyed to redeem them as DAI tokens once again.

As Cointelegraph reported in January, the attendees of Ethereum hardware hackathon ETHDenver have been issued an xDAI wallet that ran on their phone's default browser and came preloaded with a dedicated coin.