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Online Blockchain plc: Umbria Network is Official Partner of the Crypto AM DeFi & Digital Inclusion Summit

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Umbria Network is a key participant and official partner at the Crypto AM DeFi & Digital Inclusion Online Summit on Thursday, 20th May 2021.

Opened by the Lord Mayor of London and backed by City AM, the free six-hour online event will include talks and vibrant panel discussions from a roster of 30 leading experts in the blockchain and DeFi fields.

CUDOS, Coinintelligence Fund, Aave, Boson Protocol, Brave, CryptoCompare and Ziglu are just some of the names taking part. The evolution of DeFi and its potential for growth, smart contract audits and smart contract cyber security, DeFi investments and staking, regulation and – key theme – digital inclusion are just some of the topics that will be discussed.

Barney and Oscar Chambers, co-lead developers and founders of Umbria, will take to the virtual stage at 7:20PM–7:40PM BST where they will discuss how Umbria (https://umbria.network/) is removing the barriers to entry for DeFi. Their talk will cover:

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  • Lack of accessibility for beginners entering the space – how Umbria is creating a user-friendly experience so that decentralised finance is open to anyone
  • Ethereum fees and transaction speed – what Layer 2 does for DeFi and how Umbria is implementing it
  • DeFi project trust issues – Umbria has AIM-listed Online Blockchain plc as its co-ordinator, administrator and advisor. This brings a high level of trust, credibility and transparency to the project; something quite rare in the DeFi space.

“It’s been an extraordinary fourteen months since Crypto AM held its inaugural awards in Canary Wharf and next month we celebrate our third birthday. During the pandemic however, the digital divide has grown wider and the need for digital inclusion ever more urgent. The Crypto market is in full growth mode with the raging bull that is DeFi taking the spotlight,” said James Bowater, Founder & Editor at Large of Crypto AM. “It seemed fitting therefore, as preparations for our great City of London to fully reopen continue, to stage a virtual event. I am extremely grateful to Coinintelligence, our sponsor CUDOS and our official partners including – of course – Umbria Network for stepping up to make it happen.”

Wladimir P. is a Content Editor at European Gaming Media and at PICANTE Media and covers a large variety of industries.

Blockchain

LCT Secures VARA In-Principle Approval, Defining Its Role in Dubai’s Crypto Landscape

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Bybit One-Click Buy Offers a Winning Chance in First-Time Deposits Lucky Draws

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Blocks & Headlines: Today in Blockchain (BlackRock, Plume, SEALSQ, Hedera, Deutsche Bank, KuCoin)

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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.

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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.

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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

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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:

  1. Integration with Traditional Finance: BlackRock’s ETF underscores the synergy between blockchain and established financial systems.
  2. Tokenization Trends: Plume’s funding success reflects the growing demand for digital asset solutions.
  3. Quantum-Resistant Technologies: SEALSQ and Hedera’s partnership addresses emerging cybersecurity challenges.
  4. Enterprise Blockchain Adoption: Deutsche Bank’s public, permissioned network showcases the adaptability of blockchain in financial services.
  5. 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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