Latest Innovation in Web3 | European Blockchain Convention 9

Wed, Oct 2, 2024, 12:00 AM

In this engaging session on Web3 innovation, Billal CEO of Pyratzlabs, introduces Tayfun from Huawei Cloud and Uldis Teraudkalns, CEO of NextPay. Uldis sheds light on the onboarding challenges within the crypto space, attributing them to high fees and emphasizing the pivotal role of regulation, especially with Europe's MiCA directive. He envisions a future where decentralized solutions and crypto-based protocols facilitate smoother entry into the market, acknowledging the uncertainty in choosing optimal locations for crypto services pending regulatory shifts that balance fraud risk and KYC thresholds. Tayfun, representing Huawei Cloud, underscores the imperative need for robust infrastructure to ensure scalability and reliability for web3 companies. Cloud services, coupled with the evolving landscape of decentralized cloud computing, take center stage. The speakers delve into the potential of multi-cloud applications, with Tayfun detailing Huawei Cloud's hybrid multi-cloud service. They further explore emerging trends, such as blockchain standardization by international organizations and innovations within the Ethereum community. Transitioning to the prospect of triggering the next bull market, the conversation pivots to the metaverse. Uldis anticipates renewed interest, citing advancements by companies like Facebook in virtual reality and metaverse technology. The session concludes with valuable insights from both speakers on lessons gleaned from past market cycles. Uldis underscores the significance of prudent investments and resource allocation, while Tayfun issues a warning against underestimating the intricacies of financial engineering in the swiftly evolving crypto landscape. --------- Speakers: Bilal El Alamy | PyratzLabs(moderator) Uldis Teraudkalns | Nexpay Tayfun Karabagli | Nickel Digital AM --------- The European Blockchain Convention is the most influential blockchain event in Europe. Follow us to find out more 👇 Linkedin: https://www.linkedin.com/company/european-blockchain-convention/ Twitter: https://twitter.com/EBlockchainCon Instagram: https://www.instagram.com/eblockchainconvention/