Blockchain
InnoVEX 2023 Gathers Startups From 22 Countries Demonstrating Endless Possibilities
The InnoVEX exhibit for startups at COMPUTEX 2023 will be held at Taipei Nangang Exhibition Hall 2 from May 30 to June 2. As a global platform for startups, InnoVEX 2023 will integrate 5G, AIoT, healthcare technology, metaverse and XR, electric vehicles and smart mobility, green technology, and other innovative solutions. A total of 400 participating startup teams from 22 countries and 8 pavilion countries, including France, Belgium, Italy, the Netherlands, Poland, Japan, Brazil, and Israel, will showcase diverse creativity.
InnoVEX Forms a New Global Village Gathering National Pavilions
Every year, InnoVEX brings together startups and ICT experts from many countries, connecting rich creative industry resources and funds worldwide. This year, in addition to inviting the European Bank for Reconstruction and Development (EBRD) to lead startups from emerging markets such as Eastern Europe and Africa to participate in the exhibition, there are also several national pavilions. As a result, the global innovation ecosystem is expected to spark business energy at InnoVEX.
This year, there are many European pavilions. The four main themes of the French Pavilion include power supply and management, consumer electronics, human-computer interaction, and information and communications security. Among them, leading battery manufacturers’ solid-state micro battery fast charging technology attracts much attention. Flanders Pavilion of Belgium leads an interdisciplinary team of system integrators, blockchain technology, submarine cable monitoring and maintenance through machine learning, and Belgium’s fastest-growing silicon photonics semiconductor company. The Italian Pavilion participates in the exhibition for the first time as a national pavilion, showcasing research and development of the first integrated query algorithm for vessel-sharing transactions and innovative construction site monitoring. The Dutch Pavilion returns with the tagline “The Orange Accelerator,” which focuses on the futuristic and sustainable blockchain space and promotes the new application of blockchain authentication solutions. Finally, architectural design software, screen protection, and software development teams are presented in the Poland Pavilion, hoping to use mature technology and experience of successful business model experience to communicate with innovations from all walks of life.
Moreover, 10 new startup teams will be in attendance, expecting closer cooperation between Taiwan and Japan at the Japan Pavilion. The Brazil Pavilion hopes to use mature technology and business models to communicate with the world. And the Israel Pavilion is world-renowned in the field of information security technology.
The Technology and Creativity of the Startup Teams
In addition to the country pavilions, startup teams supported by accelerators or government units are also exciting. The Garage+ leads 37 technology startups selected from over 200 startups from 38 countries worldwide to participate in the exhibition. Far EasTone Accelerator, participating in the exhibition for the first time, used InnoVEX to promote communication between its cloud and Internet of Things startups and international startups.
The TREE Innovation Theme Pavilion of the Ministry of Economy’s Technology Department responds to the government’s three innovation development visions: Connecting the Future, Connecting the World, and Connecting the Local Area. The focus is on applying scientific research innovation in semiconductors, information security, AI, smart life, biotechnology, and more.
Taiwan’s latest accelerator TAcc+, in conjunction with “Linkou Startup Terrace”, ” Yawan Startup Terrace”, “National Yang Ming Chiao Tung University Accelerator A2T Program”, “Hsinchu Biomedical Industry and Incubation Center” and other units, exhibit together in the small and medium-sized enterprise department of the Ministry of Economic Affairs. The Innovation Theme Pavilion showcase in the fields of smart healthcare, smart life, smart manufacturing, and green technology.
The first-timer Tainan’s New Startup Pavilion establishes local innovation as the theme and combines with teams such as zakka & cafe and Taiwan Pure Culture & Education Development Association to demonstrate the achievements of industrial transformation and the endless possibilities of cross-field innovative applications.
Forums and Presentations to Create a Global Exchange Platform for Startups and Venture Capital
To connect Taiwan to the global startup ecosystem, a series of activities will also be held in the InnoVEX exhibition area, such as: What’s New: The future technology and the next startup trend 2023 hosted by TAITRA will be held on May 31. In addition to imec.Xpand partners and WIEC to share global investment trends, professionals from multinational companies such as Barco, a leader in Belgian visualization solutions, and ITEN, a leading French battery manufacturer, were invited to share information on AR, VR, and smart healthcare, as well as the advantages of creative applications in smart homes and other fields and the trend of international venture capital.
The all-day Global Demo Day event is expected on June 1st. Teams from France, Italy, the Netherlands, and Belgium, and teams organized by the European Bank for Reconstruction and Development and the Far EasTone Accelerator, will present application products and solutions for innovative industries, interact with local startups and discuss their strengths to discover potential investment opportunities.
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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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