Event

Cardano 2021 Summit Set to Wow Crypto Fans

Upcoming Cardano Summit excites fans with announcements of virtual worlds, limited edition NFTs, and exciting new partnerships.

State-of-the-Art hybrid crypto event to take place on six continents

In what is being dubbed “The Biggest Blockchain Event Ever”, the Cardano Summit 2021 is set to wow crypto fans with a combination of virtual and real-world interaction, limited edition NFTs, and new partnerships. The Summit will take place on September 25-26, 2021, and will involve real-world meetups in six locations globally, namely London, Miami, Berlin, Cape Town, Wyoming, and New York. Delegates attending virtually will be able to use the latest technology which incorporates social, video and interactive features. Avatars will allow virtual participants to interact with one another. Events at the summit will be split into the worlds they fall in, either Cardano World, Utility, Impact, Governance, Adoption, Catalyst, and Community. The founder of Cardano, Charles Hoskinson will provide the live opening keynote,

Panel to discuss wide-ranging applications of Cardano

Experts, innovators and special guests are set to participate, including Misan Harriman, chair of the Southbank Centre, to discuss the future of digital art and NFTs, and Dovydas Petkevicius from ADAX to elaborate on the importance of successful partnerships between the projects. Further panels will discuss sustainability, regulation, blockchain adoption, and how to give access to important financial and social services to 1.7 billion adults who don’t have those services.

An exciting raft of possibilities

The virtual and live event mix will look back at Cardano’s achievements, and will discuss updates implemented during the Alonzo hard fork. The Alonzo hard fork introduced smart contracts for the first time to the Cardano blockchain, which means that new blockchain features, including NFTs, DeFi, crowdfunding have the potential to be hosted on the blockchain in an energy and cost-effective way. Hydra’s Layer 2 blockchain scaling solution is expected to be announced, which will enable developers to build and deploy their decentralized apps (dApps).

A “dApps store” is also anticipated, where dApps will be audited for integrity to alleviate fears surrounding unscrupulous parties, who may use the dApp facility for malicious purposes. The Hydra solution is still a proof-of-concept that is meant to be tested with a limited user base.

There will also be announcements regarding the decentralized protocols MinSwap and SundaeSwap. Cardano’s largest partnership so far has been to create digital IDs for students in Ethiopia, enabling them to have qualifications that are blockchain-verified, that could help them study abroad or increase their employment prospects.

Source: beincrypto.com

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