Scalability in Blockchain Applications - TOKEN2049 Singapore 2022
Explore the pivotal topic of "Scalability in Blockchain Applications" with Farhad Shagulamov, CEO and founder of Velas, at TOKEN2049 Singapore 2022. As blockchain technology evolves, enhancing scalability and interoperability becomes crucial in addressing fragmentation across different blockchain networks. With a mission to connect disparate blockchain ecosystems, Velas emerges as a leader by offering the world’s fastest Ethereum Virtual Machine (EVM) on a second-layer node, capable of executing up to 100,000 transactions for less than one US dollar.
Farhad discusses the role of Velas in bridging blockchain interoperability, highlighting their growing ecosystem supporting industries like transportation, energy, and gaming. Key initiatives include BidOrbit, a decentralized social media platform designed to empower users by enabling them to monetize their content. Furthermore, Velas explores the true potential of NFTs through their partnership with GP NFT, showcasing NFT utility in motorsports and gaming markets.
With a new $100 million ecosystem fund and significant investment commitments, Velas aims to expand and support innovative projects. This session underscores the importance of education in blockchain adoption, advocating for learn-to-earn models to engage global communities.
Engage with this comprehensive session on scalability and be part of a transformative dialogue. Subscribe for more insights, like, and share your thoughts in the comments below.
