Key Takeaways from the Binance Blockchain Week in Singapore as Hackaton and Conference Show Progress
Over the past week, activity has been booming at the Binance crypto exchange. Besides the inauguration of the UK trading platform, the company also launched the Binance Blockchain Week.
The first item on the agenda at the Binance Blockchain Week was the Binance SAFU hackathon. The competition, which ran from January 19th and 20th, was followed by the actual conference which will end tomorrow (January 22). Prominent names in the crypto industry are in attendance, with a few expected to make keynote speeches.
The official website for Binance notes that the Blockchain Week event will address the challenges facing crypto investors. Specifically, they will look to eradicate the uncertainty that is hindering the crypto market. This will be done by establishing a blockchain movement to enlighten people about the benefits of blockchain technology and cryptocurrencies.
The hackathon is an incentive started by SAFU (Secure Asset Funds for Users). Its objective is to improve the security of digital assets and other applications of blockchain technology. SAFU is confident that high safety standards will promote the adoption of blockchain tech.
As mentioned earlier, the blockchain conference is the centerpiece of the Binance Blockchain Week. Some of the big names attending the event include Justin Sun, the founder of the Tron Foundation, and Yoni Assia the CEO of Binance. In addition, there are delegates from Ripple, PriceWaterHouse Coopers, ConsenSys, the Ethereum Foundation, and Qtum and so on.
The Binance Blockchain Week could signal the beginning of a trend amongst blockchain companies. Such events could positively impact the growth of the cryptocurrency and blockchain industry.