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Breaking News: Bitcoin Price Makes History By Crossing $126,000: Options Market Forecasts Next Price Targets

CSC Attends Blockchain Global Day to Speed up Ecosystem Expansion

Bitcoinist
by Bitcoinist
3 years ago
·
Posted in Industry
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

On July 29, CoinEx Smart Chain (CSC) attended Blockchain Global Day 2022, which took place in Ho Chi Minh City, Vietnam. The exhibition, on the theme of “Into the Infinity Con-Verse”, attracted multiple Vietnamese start-ups and encouraged them to launch blockchain applications that focus on gaming and finance and aim to solve the problems that hinder the growth of blockchain and blockchain technologies. The feast brought together blockchain experts, as well as thousands of young people and customers interested in the field.

The exhibition invited many big-name international blockchain companies and media networks, including Binance. CoinEx, a crypto exchange with a global presence, and CSC were also invited to the exhibition as sponsors. They set up brand booths at the venue and delivered an online speech on the metaverse. As the public chain engaged with users and project teams face to face, CSC built a bridge of friendship that enables win-win cooperation between itself and the blockchain community in Vietnam.

 An open, compatible, efficient public chain

Since its inception more than a year ago, CSC has sought to build an efficient, decentralized financial system featuring compatibility and openness. As the public chain tries to achieve its grand vision of “becoming the infrastructure of the blockchain world” by making steady efforts, CSC is facilitating the transformation of blockchain infrastructures, as well as the expansion of app ecosystems such as DeFi.

When it comes to blockchain infrastructures, CSC focuses on providing infrastructure services for developers and users. In the past 12 months, the public chain carried out multiple technical upgrades. For instance, it released the CSC mainnet and blockchain explorer, as well as the CSC Cross-chain Bridge, which supports Ethereum, Binance Smart Chain, and TRON. In addition, with the CSC Cross-chain Bridge, users do not need to pay any fees for swapping assets based on other chains into CSC assets. The public chain’s explorer has also been optimized many times. It now supports CRC721 NFTs, contract verification, and on-chain data summary.

CSC set up the Multi-Million Dollar Supportive Plan and the Five-Million USD Special Funding Support for Metaverse Ecology to pursue ecosystem growth and empower new projects. The chain also kicked off the Ambassador program to recruit partners around the world, which brought many projects to the CSC ecosystem. Last September, CSC hosted its first hackathon and attracted promising projects and outstanding developers to CSC. The second CSC Global Hackathon Grants will officially start on August 10. The public chain welcomes more new teams and projects to the hackathon and encourages them to help the CSC ecosystem flourish (link to the second CSC Global Hackathon Grants: https://cscchallenge.devpost.com/).

Having attended this blockchain feast in Vietnam, CSC witnessed the rapid growth of blockchain technologies in the country. Over the recent years, Vietnam impressed the world with hit projects such as Axie Infinity, Coin98, and Kyber Network. According to TechSci Research, a global market research company, Vietnam’s major industries, such as healthcare, energy, transportation, and manufacturing, also need to integrate blockchain while pursuing further growth. It is expected that, from 2023 to 2027, the country’s blockchain market will double in size. The exhibition allowed CSC to dive into the local market, engage with blockchain developers in Vietnam, and bring more outstanding projects to the CSC ecosystem.

Honored to get invited to Blockchain Global Day, CSC discussed the future application scenarios and implementation of blockchain with peers from all over the world. In the future, CSC will remain committed to the blockchain industry and strive for further success along with the many blockchain companies around the world. Together, CSC and its peers will strengthen the advantages of the blockchain space and empower the advancement of blockchain technologies across the globe.

 

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.
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