Binance Crypto and Blockchain Event in Singapore a Resounding Success
The final presentations of the Binance Blockchain Week in Singapore have concluded today marking the end of the four day event which has attracted thousands of attendees.
Two Day Conference Follows Two Day Hackathon
The event has been a resounding success with many of the biggest names in the industry taking the stage to promote the crypto ecosystem and a blockchain future. The world’s largest exchange by trade volume identified the need for a unifying conference in a market with a ‘large degree of turmoil’ at the moment. The goals of re-energizing and uniting efforts as uncertainty plagues the industry have been at the forefront of proceedings in Singapore.
The first two days held a hackathon based on the Binance ‘buidl’ ethos of working together to improve overall crypto security and foster a safer trading environment for the public. Using the Secure Asset Funds for Users (SAFU) acronym, teams from around the globe entered into friendly competition to enhance innovation in the industry.
Some of the innovative concepts from teams included deep graph analytics, avalanche consensus on a custom ledger, an e-commerce platform for a database of user reputation, and a crypto scoring platform. The winning team, Merkle Blox, proposed a smart contract based insurance to victims of hackers, ponzi schemes, or phishing scams. A prize of $50,000 in BNB was awarded.
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A massive congratulations to the three winning teams of the #Binance #SAFU Hackathon who shared a prize of $100,000 USD worth of $BNB! Teams Perlin, Crypto Lynx & the overall winners Merkle Blox we salute you! #BUIDL #BinanceBlockchainWeek pic.twitter.com/ywixYx43S7
— Binance (@binance) January 21, 2019
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The last two days have held the Binance Conference during which over 50 of the biggest names in the industry took to the stage to present their visions for the future of crypto. Yesterday held presentations from several CEOs and industry leaders on a range of topics including decentralized exchanges, dApp adoption and scaling, security token offerings, proof of work, and regulatory frameworks.
Today’s presentations included Da Hongfei, NEO founder, talking about the smart economy, followed by a discussion on crypto news and quality information. Justin Sun took the stage for his keynote on a new world of dApps on the blockchain with a good deal of promo for the new BitTorrent and Tron ecosystem and upcoming airdrops for TRX holders.
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TRON founder @justinsuntron is giving a speech about the progress that #TRON has made and the related information about #BTT at Binance #BlockChainWeek in Singapore. pic.twitter.com/ZlrJZv6q73
— TRON Foundation (@Tronfoundation) January 22, 2019
Others taking the stage over the two day conference included CEO of eToro Yoni Assia, Anthony Pompliano, and of course CZ himself. Representatives from the Ethereum Foundation, Ripple, R3, Qtum, OmiseGO, Ontology, ConsenSys, KyberNetwork, Etherscan, Goldman Sachs, and Circle all added to the mix.
The message from the Singapore event has been very clear; crypto is here to stay and building a brighter future for the ecosystem is far more productive than simply focusing on markets and prices.
Image from Twitter
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