Blockchain
Largest FinTech Event In Southeast Announces 2020 Dates
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The Technology Association of Georgia (TAG) has announced the return of its landmark fintech event FinTech South. The event, drawing more than 1,400 fintech leaders, will be back at the Mercedes-Benz Stadium in downtown Atlanta April 27-28, 2020.
FinTech South brings together global leaders, key companies and the hottest trends in the industry for an exchange of insights and innovations that fuel tomorrow’s financial technology industry.
This year’s conference was another sold-out event, featuring 90+ key thought leaders in the industry, along with current and emerging FinTech leaders from across the globe. National fintech executives led panel discussions, interactive demos and 24 provocative break-out sessions, exploring the fast-paced shifts and global implications of the fintech ecosystem in a world of constant change.
Highlighting the event was the announcement of the winner of the annual Innovation Challenge startup pitch contest. Each year, TAG gives $50K to an innovative fintech startup- the largest cash award of its kind. This year’s winner was Stackfolio, an Atlanta-based online marketplace for loan trading, offering a completely digital transaction process that does not require human brokers.
“TAG is excited to announce that FinTech South will return next year, bringing back what has become a significant international FinTech event,” said Larry K. Williams, President and CEO of TAG. “This event has become the connecting point for companies that are leading the most important, global innovations in the FinTech industry.”
Georgia Gov. Brian P. Kemp joined the event, giving remarks praising the fintech industry for boosting the state’s economy and helping to build a vibrant workforce pipeline.
Georgia has deep roots in fintech and has become a leading global hub for the industry. Some 57.7 billion U.S. purchase transactions are processed by Georgia-based acquirers and 70% of all credit, debit and prepaid card sales in the nation are handled by Atlanta-based firms earning the city the nickname “Transaction Alley.” The top 20 Georgia-based FinTech’s alone generate an estimated $72 billion in annual revenue.
Planning for next year’s event has begun and sponsorship opportunities are available. To take advantage of early-bird pricing, contact Kyle Ross at [email protected].
SOURCE Technology Association of Georgia
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Blockchain
Blocks & Headlines: Today in Blockchain (BlackRock, Plume, SEALSQ, Hedera, Deutsche Bank, KuCoin)
Blockchain technology continues to drive innovation across industries, reshaping finance, infrastructure, and philanthropy. Today’s news roundup explores exciting developments in blockchain ETFs, tokenization funding, quantum-resistant chips, public blockchain initiatives, and impactful social projects. Here’s a deep dive into the latest blockchain headlines:
BlackRock ETF Embraces Blockchain with First Muni Bond Purchase
BlackRock’s blockchain-focused ETF has made its first foray into municipal bonds, signaling increased confidence in integrating blockchain technology with traditional finance. The ETF’s strategic investment demonstrates how blockchain can enhance transparency and efficiency in bond markets.
By tokenizing municipal bonds, BlackRock aims to simplify trading and settlement processes while reducing associated costs. This development underscores the growing role of blockchain in transforming financial instruments and fostering greater market accessibility.
Source: Yahoo Finance
Plume Secures Funding for Tokenization Platform
Blockchain fintech company Plume has raised significant funding to advance its tokenization platform. The company’s innovative approach enables businesses to convert real-world assets into digital tokens, streamlining asset management and unlocking liquidity.
Tokenization is rapidly gaining traction as a game-changer in sectors such as real estate, art, and commodities. Plume’s success reflects a broader trend of investment in blockchain solutions that bridge the gap between traditional assets and decentralized technologies.
Source: Fortune
SEALSQ and Hedera Partner for Quantum-Resistant Blockchain Chips
SEALSQ and Hedera have announced a groundbreaking collaboration to develop quantum-resistant chips designed to secure blockchain infrastructure. These advanced chips will provide robust protection against future quantum computing threats, ensuring the integrity of blockchain networks.
As quantum computing capabilities evolve, safeguarding blockchain ecosystems becomes increasingly critical. This partnership highlights the importance of proactive measures in maintaining the resilience and trustworthiness of decentralized systems.
Source: The Quantum Insider
Deutsche Bank’s Public, Permissioned Blockchain Initiative
Deutsche Bank’s Layer 2 blockchain solution is set to go public and operate as a permissioned network, according to its tech partner. This initiative aims to strike a balance between accessibility and security, leveraging blockchain to streamline financial services and enhance operational efficiency.
The decision to adopt a public, permissioned model reflects a growing trend among enterprises seeking to harness the benefits of decentralization while maintaining control over sensitive data. Deutsche Bank’s approach could serve as a blueprint for other financial institutions exploring blockchain adoption.
Source: CoinDesk
KuCoin’s “Light Up Africa” Initiative Brings Hope to Thousands
Cryptocurrency exchange KuCoin has made a significant impact through its “Light Up Africa” donation ceremony in Ghana, benefiting 36,000 children across the continent. The initiative combines blockchain technology with philanthropy to address energy poverty and support education.
By leveraging blockchain for transparency in charitable contributions, KuCoin sets an example of how the crypto industry can drive meaningful social change. The project demonstrates the potential of blockchain to empower communities and foster sustainable development.
Source: PR Newswire
Industry Implications and Key Takeaways
Today’s developments highlight the transformative potential of blockchain across multiple domains:
- Integration with Traditional Finance: BlackRock’s ETF underscores the synergy between blockchain and established financial systems.
- Tokenization Trends: Plume’s funding success reflects the growing demand for digital asset solutions.
- Quantum-Resistant Technologies: SEALSQ and Hedera’s partnership addresses emerging cybersecurity challenges.
- Enterprise Blockchain Adoption: Deutsche Bank’s public, permissioned network showcases the adaptability of blockchain in financial services.
- Social Impact: KuCoin’s philanthropic efforts illustrate blockchain’s capacity to drive positive societal outcomes.
The post Blocks & Headlines: Today in Blockchain (BlackRock, Plume, SEALSQ, Hedera, Deutsche Bank, KuCoin) appeared first on News, Events, Advertising Options.
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