Blockchain
Gate.io Debuts GateTR at Istanbul Blockchain Week 2022, Accelerating Global Expansion
A leading cryptocurrency exchange Gate.io is attending Istanbul Blockchain Week (IBW) from November 14 to 17 in Istanbul, Turkey. IBW 2022 is Turkey’s most anticipated blockchain event, expected to host thousands of attendees and dozens of industry executives, leaders, and developers. At the event, Gate.io is set to debut its new Turkey-based cryptocurrency exchange platform, GateTR, during its keynote speech. The new platform will showcase its ecosystem at the Gate.io booth and host an NFT airdrop campaign.
Gate.io’s first regional crypto exchange – GateTR
Developed by the Gate.io crypto exchange team over the past six months, GateTR is a new exchange platform designed to offer a seamless, ultra-fast, and user-friendly crypto trading experience tailored to Turkey’s crypto market. The exchange will be accessible through a dedicated website and mobile iOS and Android apps.
On GateTR, users can trade cryptocurrency, buy or sell using Turkish Lira (TRY), and withdraw to local bank accounts. Moreover, users can transfer between their Gate.io accounts and GateTR free of charge, and the exchange will share the same crypto listing policy as Gate.io to the furthest extent available in Turkey.
At Launch, GateTR will offer spot trading but will later expand to other products and services. In addition, a 24/7 customer support team has been established to support local users and will activate a live telephone support line soon. And, In Q1 2023, GateTR will announce new collaborations to bring crypto into people’s daily lives, connecting crypto payments with areas such as transportation, travel, shopping, and more.
Gate Turkey’s commitment to regulatory compliance
Gate.io Group, to which Gate.io and Gate Turkey are belonging, is fully committed to meeting regulators’ expectations. This has been a core focus of its global expansion strategy, which involves strict compliance with data privacy and digital asset regulations and AML/CTF controls. Notably, Gate.io Group has received licensing and registration in several major crypto regions this year, such as Malta, USA, Lithuania, Dubai, and more.
Gate.io’s keynote, booth, and special events
During IBW 2022, Gate.io will engage with attendees and partners at an exhibition booth and host a special afterparty event with a free NFT airdrop. Additionally, the Founder and CEO of Gate.io, Dr. Lin Han, will deliver the keynote alongside Kafkas Sonmez, Head of Gate Turkey. The keynote will cover Gate.io’s commitments to the Turkish crypto industry, an intro to the Gate.io ecosystem, the reveal of GateTR, Gate.io’s regulatory compliance actions, and more.
Promoting Merkle Tree Proof of Reserves
As the first mainstream cryptocurrency exchange to implement third-party certified and publicly verifiable Proof of Reserves audits, Gate.io recently released its Merkle Tree audit solution on the open-source platform GitHub. In addition, Gate.io is welcoming other crypto platforms to employ its open-source solution to improve transparency and trust with users across the industry in Turkey and worldwide.
SOURCE Gate.io
Blockchain
Blocks & Headlines: Today in Blockchain (BRICS, Hungri Games, Nano Labs, MetaHorse Unity)
Building Customer Trust in AI with Blockchain
Blockchain is emerging as a critical tool in addressing the trust deficit in artificial intelligence. By leveraging decentralized ledgers, companies can provide transparent data provenance, ensuring that AI algorithms operate ethically and without bias. This integration allows customers to verify the origins of data used in AI models, fostering greater confidence.
Businesses deploying blockchain for AI governance must prioritize simplicity and accessibility in their implementations. While the technology’s potential is immense, it is essential to communicate its benefits in a manner that resonates with non-technical stakeholders.
Source: Harvard Business Review
Blockchain at a Crossroads: Balancing Promise and Peril
As blockchain technology matures, it finds itself at a crossroads. On one side, the promise of decentralization continues to captivate industries, offering solutions for supply chain management, finance, and digital identity. On the other, challenges such as regulatory scrutiny, scalability issues, and energy consumption threaten to impede its growth.
The path forward will require a concerted effort from developers, regulators, and industry leaders. Collaborative frameworks that address these challenges while preserving blockchain’s core principles of decentralization and transparency are key to ensuring its sustained relevance.
Source: Cointelegraph
BRICS vs. USD: Blockchain’s Role in Economic Shifts
The BRICS nations (Brazil, Russia, India, China, and South Africa) are exploring blockchain-based solutions to reduce their reliance on the US dollar in international trade. By adopting decentralized technologies, these nations aim to foster economic independence and promote stability in the face of geopolitical tensions.
This initiative exemplifies blockchain’s potential to redefine global financial systems. However, its success hinges on addressing interoperability issues and fostering international collaboration. The evolution of blockchain-based trade networks could mark the beginning of a new era in economic diplomacy.
Source: CoinGeek
Hungri Games Expands MetaHorse Unity to Base Blockchain
Hungri Games has announced the expansion of its MetaHorse Unity project to the Base blockchain, aiming to enhance the gaming experience with improved scalability and lower transaction costs. This move aligns with the growing trend of integrating blockchain into gaming to create transparent and secure ecosystems.
By adopting Base, a layer-2 blockchain, MetaHorse Unity seeks to offer players a seamless and cost-effective gaming experience. The partnership highlights the potential of blockchain to transform the gaming industry, enabling innovative monetization models and fostering player engagement.
Source: CoinTrust
Nano Labs Purchases Trump Tokens to Celebrate Presidency
Nano Labs commemorated former President Donald Trump’s legacy with the acquisition of 47 Trump Tokens. This symbolic gesture underscores the intersection of blockchain technology and cultural milestones, showcasing how tokens can represent historical and social narratives.
The purchase also highlights the increasing role of blockchain in creating unique, tradable assets that capture moments in time. As tokenization continues to gain traction, it is redefining how value and significance are assigned in the digital age.
Source: PRNewswire
Final Thoughts: Blockchain’s Expanding Horizons
This week’s developments highlight the diverse applications of blockchain technology, from fostering trust in AI to reshaping global economic systems. As the industry navigates challenges and opportunities, collaboration and innovation will be crucial in unlocking blockchain’s full potential.
While hurdles such as scalability and regulation persist, the technology’s ability to drive transparency, security, and inclusivity remains unparalleled. The coming years will undoubtedly see blockchain continue to evolve, solidifying its role as a transformative force across sectors.
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Blockchain
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Blockchain
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