Blockchain
Blockchain Investment Matchmaking conference successfully held in Chengdu
In Chengdu, over 266 enterprises with blockchain in the business world. Among them, there has been an explosive growth from 2018 to 2019, with 216 newly added. Behind the increase in the number of enterprises is the rapid development of Chengdu’s blockchain industry, and an important conference with the theme of blockchain is also held in Chengdu.
From October 29th to 30th, 2020, the “2020 Chengdu Global Innovation and Entrepreneurship Fair and Chain Expo” hosted by the Chengdu Municipal People’s Government officially kicked off in Chengdu. As an important part of this trade fair, the “2020 Chengdu Blockchain Investment, and Financing Conference” was also held at No. 5, Roadshow Zone, Western China International Expo City on October 30th, the same period.
Sichuan Province is a national pilot area of digital economy innovation and development, and Chengdu is one of the four digital currency pilot cities in the country. Chengdu ranks among the top six cities in the national blockchain entrepreneurial activity.
This event guided and promoted blockchain developers, innovators, and other ecological participants to strengthen industry self-discipline, share city opportunities, and promote the safe and orderly development of blockchain through various forms such as speeches, project demonstrations, and capital docking. “Blockchain+” has the potential to promote prosperity and development.
The conference invited many internationally renowned blockchain experts, representatives of financial research institutions and 30 well-known investment institutions, and more than 100 startup companies and projects to participate to discuss the development status and trends of blockchain technology and link all parties to the blockchain Resources to create a blockchain industry development ecology.
It is worth noting that this “Chengdu Blockchain Investment and Financing Matchmaking Conference” took the integration of blockchain venture capital sources as the mainline, and has established the best investment and financing institutions in the country, innovative entrepreneurs in Chengdu, and even global venture capital channels. A convenient and diversified communication bridge for venture capital.
In this conference, industry leaders from Chengdu Prime Stark Technology, Sichuan Wanwu Digital Innovation Technology, Gaodeng Enterprise Service Technology, and other industry leaders participated in the project roadshow, displaying their high-quality projects in multiple aspects and levels. After the roadshow, there was a group of venture capital mentors composed of VCs, whether it was innovative companies full of ideas, detailed data presentations, or full of ambitions The development strategies of all companies are engaged in face-to-face enthusiastic conversations and in-depth exchanges with VC tycoons on site.
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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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