Singapore Will Host a Blockbuster Ethereum Event

Singapore will be the host of an Ethereum presentation event, on June 3rd Vitalik Buterin himself will attend the meeting to talk about several key points related to Ethereum’s protocol like the Casper Algorithm, Scalability issues, DAOs, how Bitcoin and Ethereum can work together and more.

Singapore has been one of the leading nations in Finance Technology innovation in the Asian region, not too long ago a FinTech Bridge was established between the United Kingdom and Singapore, this agreement was reached between FinTech firms and Singapore officials to promote the cooperation and innovation in the Financial sector of the two countries.

Is not a surprise that Ethereum has been on the scope of some FinTech firms, indeed, the Smart contract capabilities and other features of the platform can prove useful for the Finance Sector. The Singapore-based digital assets company Digix with the cooperation of the decentralized financial infrastructure provider Otonomos will sponsor and promote this meetup.

The venue support will be provided by Life.SREDA a Venture Capital fund based in Singapore which focuses on providing funding and infrastructure to FinTech startups.

The topics that will be covered in this event are:

  • Casper algorithm and roadmap for Ethereum.
  • Sharding & Scalability Solution.
  • Security Aspects with Geth and open RPC ports.
  • Public vs. Permissioned blockchains.
  • A general overview on how would the Bitcoin and Ethereum ecosystems co-exist together.
  • Views on the rise of Decentralized Autonomous Organizations.

All the sponsors of this event are Singapore-based startups, Digix for example, defines itself as:

A transparent, auditable, and secure protocol that leverages the full potential of Ethereum’s peer-to-peer decentralized consensus system and IPFS permanent document storage to facilitate the creation of transferable crypto assets on the blockchain.

Digix recently raised more than $5 million with the DigixDAO, a crowdsale to accelerate the development of the platform and to give users the possibility of acquiring equity based on the transaction fees charged to the users of the service.

Otonomus, on the other hand, allows entrepreneurs to incorporate a new or existing company into a platform that allows to own shares the same as if it were Bitcoins, the service allows you to stablish a company in one of three different jurisdictions, United Kingdom, Singapure and Hong-Kong, the platform enables the peer-to-peer transference of shares, remuneration of collaborators, invite new private investors and to keep the comapany’s records on the cloud.

This event may put Ethereum on the spotlight of all the FinTech firms in the country, will this signify a wider adoption of Ethereum’s Blockchain technology? only time will tell.

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