A lot of exciting things are happening in the crypto space despite the past falling prices in the crypto market.
Regardless of the price volatility, interest in the crypto space and the blockchain tech is on the rise these days and more exciting event are taking place.
2019 Bytom Developer Conference
For instance, Bytom public blockchain just held its 2019 Developer Conference in San Francisco and gave away $30k for the competitions.
The event was held on August 24th, and more than 50 teams from the US, India, Russia, Belgium, Nigeria, Brazil, and China registered for the challenge, and six winning teams did demo shows.
Paypaw won $30k
If you’re wondering who won the competition, the Paypaw team from Canada won the first price and got $30k in BTM tokens after developing a BTM micropayment system.
His is Bytom’s second DevCon, and the first one took place in China in 2018.
According to official notes, this year’s event hosted more important speakers who discussed issues regarding crypto and the blockchain tech.
The names included Darin Kotalik, Director of ETC Labs; Naveed Ihsanullah, Head of Engineering at Algorand; Nick White, Co-Founder of Harmony; Mo Dong, Co-founder of Celer Network; Daniel Yan, Founding Partner of Matrixport; Zera Alexander, VP of Engineering at Reserve.
Bytom and Bystack
The event was opened by Duan XInxing, the founder and CEO of Bytom.
He addressed the reasons for the company’s launch and also shared the most recent release, which is Bystack – a blockchain service platform with mainchain-sidechain design.
It’s also worth noting that Bytom VP of Engineering, Jame Zhu, said that Bytom is set to release its roadmap shortly.
Bystack will launch a developer center and centralized ID system. More than that, Bystack will also release BBFT 2.0 and Bytom 1.2.
Bystack’s sidechain was also a subject that has been addressed by the BBFT presenter Wei Wang. MATPool CTO Lei Jin talked about Mining as a service (MaaS). This is Bytom’s official mining pool.
Addressing blockchain-related subjects
Mo Dong, Celer Network’s co-founder was also present and talked about Celer promoting the adoption of the blockchain tech via games.
CelerX is a mobile app that’s been launched and developers could use the CelerX Gaming SDK to develop HTML 5 games easily.
More blockchain-related issues were addressed such as the limitations of understanding the blockchain tech, stable coins which are set to boom in the future, and all kinds of issues about investments.
A conclusion was that Hong Kong and Singapore are Asia’s best places for crypto business.
It’s been also said that any asset can eventually be tokenized, but the important thing is whether this digital asset will have intrinsic value and demand.
