The popularization of blockchain and cryptocurrencies is growing at a tremendous speed. Against this background, enthusiasts create various platforms to communicate with like-minded people and share their experiences or observations. One of the largest platforms in Europe is Paris Blockchain Week, which was held from 11 to 15 April 2022 in the capital of France. It allowed us to discuss the most critical crypto issues in the region and understand how it is developing and what to expect shortly.
The most important conclusions of the meeting
The most important event of the Paris Blockchain Week is the Summit, which took place on April 13-14. The rest of the events present new tokens, including NFTs, reflections on a pre-announced topic, and much more.
More than 3 thousand people took part in the Paris Blockchain Week Summit, which confirms that this is one of the most critical crypto meetings in Europe. Among the most important guests are:
- Changpeng “CZ” Zhao from Binance;
- Paolo Arduino from Tether;
- Nicolas Cary from Blockchain.com;
- Rumi Morales of Digital Currency Group and many others.
Each of them talked about the main goals of their organization and what successes have already been achieved. Let’s look at the most critical points.
French crypto ecosystem could receive over 100 million Euros from Binance
According to Changpeng “CZ” Zhao from Binance, France is one of the most advanced countries in Europe, which has excellent prospects for developing the crypto industry. Many enthusiasts live here who are ready to extend this industry and look for new solutions. It contributes to creating a particular legal system for regulating crypto circulation and transactions.
That is why Binance decided to invest a lot of money in developing French startups, which will allow the crypto industry to develop more actively in the region.
CZ also shared his expectations for 2022 and gave some small predictions about the development of the industry shortly. His position is prominent – cryptocurrencies will continue to develop actively and affect more and more areas of human life.
Tether Reveals Plans to Implement Crypto City of Lugano
Tether CTO Paolo Arduino gave an interview where he spoke about the intention to introduce this stablecoin into the financial system of the Swiss city of Lugano. The corresponding statement was made even earlier, so the summit participants had a lot of questions.
It is assumed that Tether will be used to develop the educational sector in Switzerland and to fund university students in the region. In addition, Arduino shared that Tether has already worked with 20 to 30 different companies and startups to help them transition.
Nicholas Carey assessed the development of cryptocurrencies over the past ten years
Blockchain.com was founded in 2011, and Nicolas Cary, the co-founder of the project, analyzed what it could achieve and what goals it has for the future. In most of the conversation, he shared the attention of Blockchain.com, as a fairly large part of the crypto world, but also expressed his opinion on the development of cryptocurrencies in general.
In particular, he discussed the issues of anonymity in space and the vision of democratization. This topic has taken on special significance in the past few weeks, as many cryptocurrency platforms do not fully understand how to act.
In general, Paris Blockchain Week is a Summit that raised several critical issues, explaining today’s processes. Because it was able to bring together many essential players in the crypto world, we received many detailed questions about what it is worth reviving soon.