Techsauce Global Summit 2024 🔥

#Techsauce2024 #techsauce

https://x.com/SkeyNetwork/status/1821172056815215003

Our CEO's update from Bangkok at Tech Sauce Global Summit 2024. 🇹🇭

#Techsauce2024 #techsauce

https://x.com/SkeyNetwork/status/1821830855733510628

A new article has just landed on our Medium! 🛬

https://skeynetwork.medium.com/a-new-frontier-for-nfts-1782365d6ccc

https://x.com/SkeyNetwork/status/1821862160705753224

Scan the QR code to view a sample DPP and verify it on the #SkeyNetwork blockchain. ✅

What is it?

The European Commission 🇪🇺 has introduced Digital Product Passport (DPP) requirements that will affect numerous companies operating within the EU as well as those exporting products to the European market.

DPP by SkeyNetwork offers:

- Easy implementation,
- DPP stored on the blockchain,
- DPP as NFTs,

A competitive edge over other technologies. 🚀

https://x.com/SkeyNetwork/status/1822931900534583458

Teltonika, a global leader in IoT solutions, has over 24 million devices worldwide. 🌍

In collaboration with Teltonika, we've developed a custom firmware that integrates IoT devices with the Skey Network blockchain.

This innovation transforms each device into an autonomous wallet capable of approving transactions.

Each device stores data on our blockchain, fueling progress, enhancing utility, and boosting transaction volume. 🆗

https://x.com/SkeyNetwork/status/1823316827562299889

Check out our CEO’s recap after the TechSauce Global Summit! 🙂

The future looks bright!

Want to know why? Watch this short video! 👇🏻

https://x.com/SkeyNetwork/status/1824398650073645290

Our community responded unanimously!

Yes, it will be! 🔥

https://x.com/SkeyNetwork/status/1826224941617861024

We asked Grok the same question! 😄 Here’s what it answered:

'Yes, Real World Assets (RWAs) are poised to be one of the key trends in the coming bull market for several reasons:

🔹 Market Growth and Interest: There's a significant buzz around RWAs, with projections suggesting that the market could be worth up to $16 trillion by 2025, indicating a massive opportunity for growth and investment. This interest stems from both retail and institutional investors, highlighting the sector's potential to bridge traditional finance with blockchain technology..."

More in the Tweet.👇🏻

https://x.com/SkeyNetwork/status/1826231904527393083

🚀 Testing is underway on Skey.Network ahead of the mass production of DPPs - "Digital Product Passports" for our partners.

Our goal: to become the leader in the mass production #technology for DPPs/NFTs. 🌐

In March and April, RWA projects, including SkeyNetwork, experienced a surge in popularity!
Let’s take a closer look at this sector! 👇🏻

RWA is one of the latest trends in cryptocurrencies, focusing on the tokenization of physical assets like real estate 🏢 and commodities, bringing them onto the blockchain.

Initially, RWAs were seen as a niche segment of the crypto market, primarily due to regulatory and technical challenges associated with tokenizing real assets.

However, as technology has advanced and trust in blockchain has grown 📊, projects have emerged that successfully bridge traditional finance with modern technology.

The process of tokenizing real-world assets enables ✅ fractional ownership, increased liquidity, and 24/7 trading capabilities.

This aspect is particularly appealing as it lowers the entry barriers for investors, allowing them to invest in assets like real estate or art in smaller, more manageable amounts.

Key Advantages:

🔹 Fractional ownership
🔹 Increased liquidity
🔹 Lower barriers to entry
🔹 Enhanced transparency
🔹 Security and immutability
🔹 Global accessibility

RWAs are rapidly becoming one of the most promising areas in the crypto space!

We are driving this forward by tokenizing parking spaces, billboards, and farmland, and refining smart contracts on our testnet.

The next big step is just around the corner! 🚀

Skey.Network has just hit a record-breaking number of transactions on the blockchain! 🎉
A huge thank you to our partners and clients for their invaluable support.

Preparing for token2049! 💥

Skey.Network will be at Token2049 on September 18-19, 2024, in Singapore 🇸🇬 - one of the biggest cryptocurrency events of the year!

We will showcase two Skey.Network solutions:

- Digital Product Passport
- Payment Card Tokenization

We look forward to sharing our innovations with industry leaders and professionals. 🔥

Thread Contest about SkeyNetwork! 🎉

10 best Threads will be rewarded!
10x $50 in $SKEY!

Rules:
🔸Follow SkeyNetwork
🔸Like and retweet this post
🔸Write a Thread about SkeyNetwork,
tag us in the post, and include the ticker $SKEY!
(P.S. It might be worth mentioning that we’ll be at Token2049!)

Let the contest begin!
The deadline is September 11, 2024!
Good luck! 🍀