Future Blockchain Summit Announces the 1inch Network as its 2023 Headline Sponsor

Dubai, Aug 16, 2023, ZEX PR WIRE, Decentralized protocol powerhouse the 1inch Network has been announced as the official sponsor of the highly anticipated 2023 edition of the Future Blockchain Summit from October 15 to 18 at Dubai Harbour.

“This is a major global event for the space, with Dubai as one of the established blockchain centers. We hope that our participation will come as another step towards wider adoption of blockchain products,” says 1inch Network Co-Founder Sergej Kunz.

From a humble hackathon prototype to a major force in decentralized finance, the 1inch Network has achieved remarkable success. Initially started as a passion project by two developers, it is now recognized for its ground-breaking contributions to the blockchain ecosystem.

The collapse of cryptocurrency exchange FTX in November 2022 has placed the spotlight firmly on decentralized networks as a potential answer to making crypto networks more resilient, according to Sergej. “There is no middle man; there is no single point of failure. It is just a smart contract that is fully audited.”

The 1inch Network is redefining the DeFi space by providing access to hundreds of liquidity sources across multiple chains and ensuring cost-efficient and secure swap transactions. Powered by the 1inch Swap Engine, 1inch’s newly-launched Fusion mode enables users to swap tokens without paying any network fees and at the most favorable rates. In addition, Fusion mode offers users extra MEV protection. All swaps in Fusion mode are executed by resolvers – professional traders, who use the most sophisticated and efficient ways of protecting users’ swaps from MEV.

Commenting on how the 1inch Network has benefited the ordinary person in the street who has not necessarily encountered the crypto world before, Sergej explains that with the 1inch Wallet, users can store, receive, send, and swap crypto assets seamlessly.

Future Blockchain Summit continues to cement its position as a leading platform for showcasing cutting-edge blockchain solutions. For more information about the upcoming event, visit: https://www.futureblockchainsummit.com/.


The Post Future Blockchain Summit Announces the 1inch Network as its 2023 Headline Sponsor first appeared on ZEX PR Wire

Information contained on this page is provided by an independent third-party content provider. Binary News Network and this Site make no warranties or representations in connection therewith. If you are affiliated with this page and would like it removed please contact [email protected]


SubscriptionFlow Launches SaaS Platform for Seamless Subscription Management and Billing

SubscriptionFlow, a leading provider of subscription and recurring billing management solutions, has launched a new Software as a Service (SaaS) platform. The platform is...

Investmentwelt – What is the Economy Doing? Stay tuned!

Investmentwelt team of experts provides you with a diverse range of the most discussed topics and insights to keep you up-to-date with the latest...

XTRA.FUND Announces XTRA PROTECTION – The World’s First DeFi Platform With Price Drop Protection

DUBAI, UAE, June 6, 2022, ZEXPRWIRE, XTRA.FUND announces its XTRA PROTECTION (XP) a solution designed to ensure that, in most cases, investors can at...

Marketing1on1 Offers Cutting-Edge Digital Marketing Services to Boost Online Marketing Efforts

Marketing1on1 provides a wide variety of sophisticated digital marketing services that can help improve the online marketing efforts of businesses worldwide. Sherman Oaks, CA...

Nanda and Associate Lawyers Help People in Vehicle Accidents Get Their Desired Financial Compensation

The personal injury lawyers at this boutique law firm represent the victims of car accidents and personal injury situations. Mississauga, Canada, 31st July 2023,...

Charles Abelmann’s documentary English Hustle Released and Gains Recognition and Another Short Documentary, The Smallest Living Things Released

Charles Abelmann’s documentaries, “English Hustle” and “The Smallest Living Things”, critically examine the Chinese online tutoring industry’s collapse and microbiome overuse, respectively. His films,...

Flash Loans: Opportunities and Risks

Vancouver, Canada, 2nd February 2021, ZEXPRWIRE, Flash loans have recently gained a lot of traction for the new opportunities they open to investors but...