Blockchain
Web 3.0 Leaders Gather for The Blockchain Festival in Berlin
Berlin, Germany–(Newsfile Corp. – December 7, 2022) – One of the biggest events in the blockchain space, The Next Block Expo, took place in Berlin on the 23rd and 24th of November 2022 bringing together 2039 attendees, 322 investors, and 140 startups from 64 different countries around the globe.
NBX 2022
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The two-day event hosted a pitch contest for startups, a Web 3.0 on-chain hackathon, curated networking sessions, conferences, and a dedicated mobile app to link people, projects, and investors.
“We believe the main factor that solidifies the space is building bridges between communities and people to grow together, therefore The Next Block was created to educate, connect and pave the way for long-term partnerships and projects.” explained Anna Weber, Partnership & Community Manager of Next Block Expo. The first edition of NBX featured prominent speakers from various industries including venture capital, cryptocurrency, and education, and was a massive success for all involved. 17 workshops and 15 discussion panels explored topics such as regulation, the future of web3, investment, building communities, and other issues related to blockchain technology. It featured notable speakers like Tamar Menteshashvili – Head of Western Europe at Solana Foundation, Marius van der Wijden- Core Developer at Ethereum Foundation, Raza Zaidi- the Europe Regional Lead Developer Relations at Polygon, and many more.
Aiming to be a growing space for all enthusiasts, NBX focused on empowering women in web 3.0 and offered student scholarships to provide equal learning opportunities from experts and leaders of the industry to all. While the pitching contest allowed participants to pitch to 50+ investors and have 1:1 speed-dating meetings with partners like VCs, Accelerators, Incubators & Launchpads. 90 Web3 startup submitted their participation in the contest. By Elympics winning the first place, they secured 100k$ worth of investment for the project while DeepSquare in second and Soil in third place won 50k$ and 30k$ worth of investment for their projects respectively.
In addition, a networking 3.0 app was launched by NBX to help scan badges and save contacts, use a match-making tool that connects them to the right profiles & book meetings. As a result, 1846 chat conversations between people at the event and 1206 meetings were possible and attendees received a 12-month app access.
About The Next Block Expo
The Next Block expo is one of the largest Web 3.0 conferences in Europe. Its two-day event is designed to bring the experts and leaders of the industry together to educate and build connected communities in the space.
For more information on the registration, speakers, agenda, and partnerships, please visit: https://nextblockexpo.com/
Media Contact
Alnura Belyalova
Head of PR at Luna PR
[email protected]
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/147104
Blockchain
Remittance Market to Hit Enormous Growth of 10.50% By 2033 | Rise in Cross-border Transactions & Mobile-based Payments
Blockchain
Omnichain protocols offer the answer to blockchain fragmentation
Blockchain fragmentation, stemming from the proliferation of diverse blockchain networks, poses challenges for interoperability and seamless data exchange. In response, omnichain protocols emerge as a solution to bridge these fragmented ecosystems.
These protocols aim to create a unified framework that enables communication and data transfer across multiple blockchain networks. By establishing common standards and protocols, omnichain solutions facilitate interoperability, allowing different blockchains to interact seamlessly.
The adoption of omnichain protocols addresses key issues such as data silos, redundant processes, and inefficiencies caused by blockchain fragmentation. These protocols enable businesses and developers to leverage the strengths of various blockchain networks while mitigating the drawbacks of fragmentation.
With omnichain protocols, organizations can achieve greater flexibility, scalability, and efficiency in their blockchain implementations. These protocols provide a foundation for building interconnected blockchain ecosystems, fostering innovation and collaboration across industries.
As blockchain technology continues to evolve, omnichain protocols play a vital role in overcoming the challenges of blockchain fragmentation and unlocking the full potential of distributed ledger technology.
Source: cointepegraph.com
The post Omnichain protocols offer the answer to blockchain fragmentation appeared first on HIPTHER Alerts.
Blockchain
State-owned German Bank Set to Introduce Blockchain-Backed Digital Bonds
Germany’s state-owned bank, Kreditanstalt fuer Wiederaufbau (KfW), is set to embrace the digital age by issuing its first blockchain-based digital bond. This move signals the bank’s foray into blockchain technology and its commitment to driving its adoption in the financial sector.
The bond that KfW plans to issue will be tokenized, marking it as a ‘crypto security.’ This tokenization involves representing the bond on a blockchain, enabling validation of its transactional history and ownership.
Tokenizing bonds offers several advantages, including the automation of various aspects of bond management such as interest payments and maturity settlements. Additionally, it reduces the need for intermediaries in the process, thereby cutting down on overall transaction costs.
Melanie Kehr, a member of the Executive Board of KfW Group, expressed the bank’s innovative approach in testing new financial market products. She emphasized that the issuance of the digital bond under the German Electronic Securities Act reflects the bank’s commitment to exploring innovative solutions in the financial market.
The issuance of the blockchain-based bond marks a significant step for KfW, as it seeks to attract investors and enhance efficiency and scalability in bond transactions. Tim Armbruster, Treasurer at KfW, highlighted the importance of digitalization in increasing efficiency and scalability, emphasizing the bank’s goal of attracting a wide range of investors for the digital bond.
KfW plans to engage in dialogues with institutional investors in Europe to better understand their needs and explore the potential of blockchain technology in fintech. Cashlink Technologies GmbH, a Frankfurt-based fintech company, will serve as the crypto securities registrar for KfW, facilitating the issuance of the digital bond.
The decision by KfW to issue a blockchain-based digital bond underscores the growing interest in blockchain technology within the financial sector. It represents a significant step towards leveraging blockchain for innovation and efficiency in financial markets.
Source: cryptonews.com
The post State-owned German Bank Set to Introduce Blockchain-Backed Digital Bonds appeared first on HIPTHER Alerts.
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