Blockchain
Chainalysis Experts to Discuss Blockchain Risks, Opportunities and Compliance at Future Blockchain Summit
Dubai, United Arab Emirates–(Newsfile Corp. – October 6, 2022) – While supporting the UAE and other GCC countries as they look to leverage blockchain technology to establish a safe, secure, and transparent digital ecosystem, Chainalysis, the blockchain data platform, today announced its plans to participate at the 2022 edition of the Future Blockchain Summit (stand Z4-L67), taking place in Dubai from Oct 10-14.
Through a series of panel and keynote discussions as well as several ‘Lightning Talks’, Chainalysis will use the event to raise awareness and educate attendees on some of the most pressing challenges and opportunities that cryptocurrencies, DeFi and other Web3 technologies hold for the region.
“As our co-founder Jonathan Levin rightly pointed out during his visit to the region earlier this year, the UAE has the opportunity to be a model for other nations when it comes to establishing a crypto hub. Since this is still a fairly nascent space, the realisation of this ambition will require a major focus on regulation, built on a deep understanding of the underlying blockchain technology,” said Bas Lemmens, General Manager International, Chainalysis. “Given the work we are doing with governments across the globe, over the course of the five days at GITEX Global and the Future Blockchain Summit, we will focus on educating all stakeholders – from government entities and private sector organisations, to everyday consumers – on the fundamentals of blockchain technology.”
- The company will participate in two key panel discussions hosted by the organisers of the Future Blockchain Summit, which will take place on the side-lines of GITEX Global. These are:
Panel Discussion on Evolution of Virtual Asset Regulations featuring Amardeep Thandi, Director, Crypto Regulatory and Compliance Lead EMEA, Chainalysis
Monday, 10 October, 12:15pm on the Exchange Stage
- Presentation on Web3 Promises and Risks by Diederik van Wersch – Director, Mid-Market EMEA, Chainalysis and Shailendra Sadh – Advisory Solutions Architect, Chainalysis
Wednesday, 12 October, 1:00pm on the Block Stage
Chainalysis will also host the following sessions at its own stand located in Zabeel Hall (Z4-L67):
Sneak peek into Cryptocurrency Transaction Tracing at Scale by Shailendra Sadh, Advisory Solutions Architect, Chainalysis
Tuesday, 11 October, 1:00pm
- Compliance 101 for Financial Services and Crypto Natives by Amardeep Thandi, Director, Crypto Regulatory and Compliance Lead EMEA, Chainalysis
Wednesday, 12 October, 2:00pm
- Web 3 – Promises and Pitfalls by Diederik van Wersch – Director, Mid-Market EMEA, Chainalysis
Thursday, 13 October, 1:00pm
Visitors to the Chainalysis stand will get a first-in-region opportunity to experience live demos of Chainalysis Storyline, its Web3-native blockchain analysis tool, designed to visualise smart contract transactions, including DeFi and NFTs. With funds stolen from DeFi protocols accounting for 96% of the $2.28 billion worth of cryptocurrency stolen in security breaches and code exploits so far this year, Chainalysis Storyline solves a pressing need, and paves the way for building consumer confidence and trust in the underlying technology. With this solution, regulators and law enforcement agencies can get a holistic view of the movements of funds as they are transacted across blockchains, and pinpoint transactions and funds that matter the most to them.
“Backed by strong government support, the region has arguably one of the most dynamic and fast-growing crypto economies, globally. Whether it be via our recent MoU with the UAE government to train public sector employees, or by providing our technology to private sector entities looking to build crypto hubs, we are committed to offering tools that can help shape the digital future of the region. We are excited about the opportunity to showcase our expertise and technology at GITEX Global and the Future Blockchain Summit, and look forward to furthering our relationships with key regional stakeholders,” concluded Lemmens.
Media Contact
Company Name :- Future Blockchain Summit
Steven Besse
Email Id :- [email protected]
Company Website :- https://futureblockchainsummit.com/
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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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