Blockchain
Polkadot Community Prepares to Stage Its Most Spectacular Event of the Year
Zug, Switzerland–(Newsfile Corp. – June 21, 2022) – Polkadot’s rapidly growing global community is putting the final touches to its flagship annual conference, Polkadot Decoded, on June 29th and 30th.
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The spectacular summit features in-person events in four major cities, numerous side events plus various parties in which people will gather to watch a rolling live stream featuring all the key presentations from more than 100 speakers.
The venues in all four host cities are fast approaching capacity, such is the eagerness of the Polkadot community to connect and learn more about the ecosystem.
Official event supporters Web3 Foundation and Parity Technologies are now urging all those eager to catch the talks in real time to register for the online streams in advance.
NFT Experience
When each attendee accesses the official live stream on the first day of Decoded, their NFT will evolve, completing a stunning, unique metamorphosis.
Not only have W3F and Parity put the wheels in motion to deliver this innovative NFT experience, they have also fine-tuned the event to help deliver an unforgettable community-focused summit for all attendees.
Bertrand Perez, CEO of Web3 Foundation, said: “We value our supporters across the world and encourage the local Polkadot communities in all countries to organize their own events.
“These events could include social gatherings, panels and networking events. Or you could consider hosting an event to allow people to gather together to watch the live streamed talks.
“With such a huge volume of talks scheduled, covering every aspect of the Polkadot and Kusama ecosystems – and with many of their respective parachain teams featured – there really is something for everyone.”
Many cities involved in Decoded
In addition to the four main in-person venues, many other cities are involved in Polkadot Decoded.
Some communities have won the rights to host official side events for their local supporters through an on-chain voting process.
But there will also be numerous non-official gatherings too so that people can watch the live streams together.
The first two editions of Decoded were confined to online streams only due to pandemic measures – so the community is more eager than ever to make the most of the relaxed rules.
Polkadot Founder, Dr Gavin Wood, is scheduled to speak to audiences in both New York and Buenos Aires.
Mexico City is ready to host major community party
Buenos Aires is now the main location for the wider Latin American audience within Polkadot, and attendees will be gathering at C Complejo Art Media in the Argentinian capital’s central Chacarita district. This is a fashionable new arts and culture complex housed in a converted metal works. Talks will mostly be in Spanish and address aspects around community building, social networks in the age of Web3 and the future scope of NFTs beyond collectibles.
Meanwhile, the local community in Mexico City will host its own event, a ticketed closing party on the evening of June 30th for more than 500 attendees at Espacio Cripto.
Moonbeam set to manage New York event
In New York, embracing the true spirit of decentralization, Polkadot parachain Moonbeam will be managing responsibilities. The Moonbeam team is working on a great two-day program that includes all of the original speakers, plus a few more. The venue is Webster Hall, a nightclub and concert venue in the East Village of Manhattan.
New York attendees will hear from Adam Carver of Bitgreen, a climate-positive blockchain that conserves critical rainforests, finances clean infrastructure, and protects vulnerable communities.
Also slated to appear on day one are representatives from Manta Network, Parallel Finance, Acala and Equilibrium, while Shawn Tabrizi of Parity will take a close look at XCM (cross-consensus messaging).
The packed schedule extends into a second full day of talks.
Unique venue chosen for packed Berlin program
The Berlin audience will be treated to a packed schedule across two stages. Subjects include Kusama Use Cases for Your Home, Next Generation Smart Contracts with WASM and How to bring DeFi to one billion people.
Speakers from Centrifuge, SubQuery, Astar, and Robonomics are all involved.
The venue secured for Polkadot Decoded’s European base is the brand new Wilhelm Hallen in the north of Berlin. This is a former ironworks aiming to become a hub for the creative industries.
The main exhibition space is an old soot-stained brick structure with exposed iron trusses, given a modern twist with contemporary art pieces.
China venue switches to Hangzhou
The venue for China has moved from Shanghai to Hangzhou. This city has been chosen because it is a major hub for Polkadot’s Chinese community, a home for a number of parachain team members, and a key center for blockchain talent in general within China.
Hangzhou, a city with more than 10 million people, has excellent transport links. Decoded has booked a perfect venue: the Hangzhou Canal Culture Publishing Center, for the summit.
This is a former power plant that was converted into an environmentally-friendly arts complex in 2019. It is an impressive structure, and one of the central features of a major urban renewal effort coinciding with Hangzhou’s preparations for hosting the 2022 Asian Games in September.
On the agenda in China are talks from Litentry, Phala Network, Gear Tech and Open Square on day one, with CESS Cloud, Bifrost and PolkaWorld among the day two representatives.
Away from China, demonstrating the scope of Polkadot’s global reach, official side events include an opening party and networking event on June 28th in Seoul, Korea and a viewing party with food, drinks and DJs in Valencia, Spain.
About Polkadot
Polkadot is a technological protocol that accommodates various blockchain networks, allowing them to operate together in a fully integrated environment. Projects within the Polkadot ecosystem can access open governance, on-chain treasuries, network-less updates, and parallel transaction processing for maximum scalability.
About Web3 Foundation
Web3 Foundation funds research and development teams building the technology stack of the decentralized web. It was established in Zug, Switzerland by Ethereum co-founder and former chief technology officer Dr. Gavin Wood. Polkadot is the Foundation’s flagship project. For more information, visit web3.foundation.
Contact
Ursula O’Kuinghttons
[email protected]
+34 619 636 958
Shyla Khan
[email protected]
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/128435
Blockchain
Glidelogic Corp. Announces Revolutionary AI-Generated Content Copyright Protection Solution
Blockchain
Ethereum ETFs Aren’t Blockchain But Is A Revolutionary Tech: Top 6 Amazing Reasons To Invest In Them
The financial landscape is rapidly evolving, with the integration of blockchain technology and cryptocurrencies becoming more prominent. Among these, Ethereum ETFs (Exchange-Traded Funds) have emerged as a significant investment vehicle, offering exposure to the Ethereum blockchain’s native cryptocurrency, Ether (ETH), without requiring direct ownership. However, it’s crucial to understand that Ethereum ETFs are distinct from the blockchain itself and serve different purposes in the investment world.
Understanding Ethereum and ETFs
Ethereum: A decentralized platform that enables the creation and execution of smart contracts and decentralized applications (dApps). It operates using its cryptocurrency, Ether (ETH), which fuels the network.
ETF (Exchange-Traded Fund): A type of investment fund that holds a collection of assets and is traded on stock exchanges. ETFs can include various asset classes, such as stocks, commodities, or bonds.
Ethereum ETFs: The Intersection of Traditional Finance and Cryptocurrency
An Ethereum ETF provides a way for investors to gain exposure to the price movements of Ether without directly purchasing the cryptocurrency. This is achieved through an ETF structure, where the fund holds assets linked to the value of Ether, and investors can buy shares of the ETF on traditional stock exchanges.
Key Features of Ethereum ETFs:
- Indirect Exposure: Investors gain exposure to Ether’s price changes without needing to manage or store the cryptocurrency themselves.
- Regulatory Compliance: Unlike the relatively unregulated cryptocurrency market, ETFs operate under the oversight of financial regulators, offering a layer of investor protection.
- Accessibility: Ethereum ETFs are available through traditional brokerage platforms, making them accessible to a broader range of investors.
Why Invest in an Ethereum ETF?
- Diversification: Including an Ethereum ETF in a portfolio can provide exposure to the cryptocurrency market, potentially enhancing diversification beyond traditional assets.
- Convenience and Familiarity: ETFs are a familiar investment product, simplifying the process of investing in cryptocurrencies.
- Professional Management: ETF managers handle the investment decisions, including the buying and selling of assets, which can be advantageous for those less familiar with the cryptocurrency space.
- Regulatory Oversight: ETFs are subject to regulatory scrutiny, potentially offering more safety and transparency compared to direct cryptocurrency investments.
- Potential for Growth: As the cryptocurrency market grows, ETFs linked to assets like Ether may benefit from rising prices.
Key Differences Between Ethereum and Ethereum ETFs
While both are related to the Ethereum blockchain, Ethereum itself and Ethereum ETFs represent different forms of investment:
- Ethereum (ETH):
- Direct ownership of the cryptocurrency.
- Full exposure to Ethereum’s features, including staking and network participation.
- Traded on cryptocurrency exchanges.
- Highly volatile and largely unregulated.
- Ethereum ETF:
- Indirect exposure through shares representing Ether’s value.
- Traded on traditional stock exchanges under regulatory oversight.
- Offers a more stable and familiar investment structure.
- Typically lower volatility compared to direct cryptocurrency ownership.
Future Considerations for Ethereum ETFs
The approval and launch of Ethereum ETFs mark a significant milestone in bringing cryptocurrencies closer to mainstream finance. They offer a convenient and regulated means for investors to gain exposure to the growing digital assets market. However, they also come with limitations, such as not allowing direct participation in the Ethereum ecosystem’s innovations, like dApps and smart contracts.
As the market evolves, we may see more sophisticated financial products that better capture the full potential of the Ethereum ecosystem. For now, Ethereum ETFs provide a balanced option for those interested in cryptocurrency exposure within the framework of traditional finance.
In conclusion, while Ethereum ETFs offer a gateway into the world of digital assets, they should be viewed as complementary to, rather than a replacement for, direct investment in the underlying blockchain technologies. Investors should carefully consider their investment goals, risk tolerance, and the unique attributes of both Ethereum and Ethereum ETFs when making investment decisions.
Source: blockchainmagazine.net
The post Ethereum ETFs Aren’t Blockchain But Is A Revolutionary Tech: Top 6 Amazing Reasons To Invest In Them appeared first on HIPTHER Alerts.
Nexo, a leading institution in the digital assets industry, has reinforced its commitment to data security by renewing its SOC 2 Type 2 audit and attaining a new SOC 3 Type 2 assessment without any exceptions. This rigorous audit process, conducted by A-LIGN, a respected independent auditor specializing in security compliance, confirms Nexo’s adherence to stringent Trust Service Criteria for Security and Confidentiality.
Key Achievements and Certifications
- SOC 2 and SOC 3 Compliance:
- SOC 2 Type 2: This audit evaluates and reports on the effectiveness of an organization’s controls over data security, particularly focusing on the confidentiality, integrity, and availability of systems and data.
- SOC 3 Type 2: This public-facing report provides a summary of SOC 2 findings, offering assurance to customers and stakeholders about the robustness of Nexo’s data security practices.
- Additional Trust Service Criteria:
- Nexo expanded the scope of these audits to include Confidentiality, showcasing a deep commitment to protecting user data.
- Security Certifications:
- The company also adheres to the CCSS Level 3 Cryptocurrency Security Standard, and holds ISO 27001, ISO 27017, and ISO 27018 certifications, awarded by RINA. These certifications are benchmarks for security management and data privacy.
- CSA STAR Level 1 Certification:
- This certification demonstrates Nexo’s adherence to best practices in cloud security, further solidifying its position as a trusted partner in the digital assets sector.
Impact on Customers and Industry Standards
Nexo’s rigorous approach to data protection and compliance sets a high standard in the digital assets industry. By achieving these certifications, Nexo provides its over 7 million users across more than 200 jurisdictions with confidence in the security of their data. These achievements not only emphasize the company’s dedication to maintaining top-tier security standards but also highlight its proactive stance in fostering trust and transparency in digital asset management.
Nexo’s Broader Mission
As a premier institution for digital assets, Nexo offers a comprehensive suite of services, including advanced trading solutions, liquidity aggregation, and tax-efficient credit lines backed by digital assets. Since its inception, the company has processed over $130 billion, showcasing its significant impact and reliability in the global market.
In summary, Nexo’s successful completion of SOC 2 and SOC 3 audits, along with its comprehensive suite of certifications, underscores its commitment to the highest standards of data security and operational integrity. This dedication positions Nexo as a leader in the digital assets space, offering unparalleled security and peace of mind to its users.
Source: blockchainreporter.net
The post Nexo Reaffirms Commitment to Data Protection with SOC 3 and SOC 2 Compliance appeared first on HIPTHER Alerts.
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