Blockchain Summit to be held in Frankfurt

Nexus Mediacom is organizing Blockchain Summit 2018 in Frankfurt on April 26 to discuss the impact of blockchain on business
12 April 2018   823

Frankfurt is playing host to Blockchain Summit 2018 by Nexus Mediacom on April 26. A 1-day conference and exhibition offers unparalleled programme of visionary speakers and case studies. It connects over 700 industry leaders, business decision makers, tech innovators and inventors. Thus, Blockchain Summit is the largest dedicated blockchain event in Europe with no co-located side events. Most advanced case studies offer a "how-to" approach to deploying Blockchain technologies across industries like finance, insurance, logistics, utilities, media and entertainment, and more.

This year list of speakers includes representatives of Commerzbank, Allianz, Accenture, IBM, Volkswagen Financial Services, ORACLE Cloud, Bosch, Deutsche Bank, UBS and many others. Roundtable discussions and hosted networking sessions provide exceptional opportunities for attendees to connect with peers and deep-dive into topics. Interactive exhibition allows participants to engage with industry's leading solution providers and innovative startups.

The venue is Kap Europa Convention Center with opening hours 08:30 ~ 18:00. The agenda can be found here.

Brazilian Central Bank to Issue Stablecoin

According to participants of the project, the issue of the BNDES coin will help restore public confidence in Brazilian state banks
17 December 2018   68

The state-owned Brazilian National Social Development Bank intends to issue a cryptocurrency token tied to the Brazilian real. It is reported by CoinDesk.

The pilot project for the production of a token BNDES based on Ethereum will start in January next year. At first, the coin will be used to finance cultural institutions. In particular, the bank will allocate a certain number of new tokens to the local cinema agency.

As the newspaper notes, the bank conducted experiments with steyblecoin throughout 2018. The consultant of the project for the release of a new “stable coin” will be the well-known Ethereum start-up ConsenSys.

According to representatives of the bank, the issue of the BNDES coin will help restore public confidence in Brazilian state banks, which are often criticized due to corruption scandals.

Also, the bank is confident that in the future, stablecoin can be used to finance organizations and projects from various fields.

Note that recently in Brazil there has been a trend towards liberalization of the regulation of cryptoindustry. For example, in October, the Brazilian Securities Commission allowed local investment companies to invest in a cryptocurrency ecosystem through the acquisition of derivatives and shares in foreign funds. It is noteworthy that at the beginning of the year the same financial regulator announced the prohibition of both direct investment in cryptocurrency and indirect investment through intermediaries in the person of foreign companies.