Moscow to host World Blockchain Summit

Trescon is organizing World Blockchain Summit as part of its 2018 series in Moscow on April 26-27
11 April 2018   723

Highly focused B2B events producer Trescon is going to hold World Blockchain Summit in Moscow on April 26-27 at Renaissance Hotel Moscow. One of the reasons of the choice is that Russian government is planning to implement policies to prepare government-wide adoption of blockchain tech by 2019. The summit aims to connect global blockchain experts and key industry leaders in the area, including emerging startups with regional business and IT leaders across key industry verticals.

The event comprises of a conference (includes blockchain experts talk about the pros and cons of adopting the technology specifically in the Russian market, panel discussions, tech-talks, fire-side chats, debates on blockchain's potential to reshape the global financial system), a startup exhibition (pavilion for blockchain startups from all over the world to showcase their innovative technologies in front of global investors and technology leaders), a Russia ICO show (a platform for interesting and unique ICOs to present their idea before a panel of reputed investment firms) and ICO grand slam (a platform for those companies that are prepared to launch their ICO and the ones still planning).

Among the notable sponsors there are Bankorus, NKD Technologies, ETHLend and many others. The agenda can be found here.

OKEx to Launch OKChain Based Decetralized Exchange

Great role in the upcoming exchange will be played by OKB coin, which will be trasfered to OKChain as soon as its development finished
22 March 2019   110

OKEx cryptocurrency exchange will launch a decentralized trading platform on its own blockchain.

Currently, the OKChain blockchain is in the final stages of development, and its test network may be launched as early as June 2019. When the OKEx blockchain becomes stable enough, it will transfer OKB to it, which will then perform the function of the native OKChain token and be used to pay commissions, as well as in its own decentralized network applications.

The primary purpose of OKChain is to launch the OKDEx decentralized exchange, where the OKB token will be used to participate in presales. In addition, project teams will use OKB tokens to pay the service fee to the super nodes of the network.

While the total volume of OKB emissions is 1 billion, 300 million tokens are in circulation today, and 700 million remain blocked. Of this number, 300 million OKB will be distributed to users through the loyalty program, and 400 million belong to the OK Blockchain Foundation and the exchange team. However, for a more efficient formation of the OKB ecosystem, the blocking period of these 700 million tokens will be extended from 2020 to 2022, writes OKEx.

In addition, OKB will be the only token to be accepted during the initial exchange offerings (IEO) on the OK Jumpstart platform, announced earlier this month. According to the company, it is currently negotiating with various projects and will soon announce the launch of the first IEO on OK Jumpstart, for which investors will be admitted who have passed personal verification and have OKB tokens in their accounts.