SINGAPORE – Media OutReach – 12 November 2021 – The Singapore FinTech Competition 2021 (SFF) held from November 8 to 12 in Singapore was attended by representatives of over ten high FinTech firms for the discussions on “Web3.0” and how FinTech firms can contribute to the post-pandemic period. Justin Solar, founding father of TRON, attended the occasion and delivered a keynote speech on “Web3.0”.
Organized by the Financial Authority of Singapore, the sixth Singapore FinTech Competition (SFF) is the world’s largest gathering for the FinTech group. Themed on Net 3.0 this 12 months, SFF provided a platform for contributors to discover how Net 3.0 can be utilized to boost the effectivity of monetary intermediation, advance key aims comparable to inexperienced finance and monetary inclusion, and look at the influence on monetary regulation and supervision. In accordance with the contributors, there might be three important components which will reshape monetary companies within the subsequent decade, together with reconfiguration of monetary services and products supply by embedded finance (EmFi), decentralized finance (DeFi), and digital currencies, integration of ESG into the core design of monetary companies, in addition to broad adoption of foundational digital infrastructure.
Justin Solar acknowledged in his keynote speech that TRON is at all times dedicated to the expansion of Net 3.0, which boasts greater effectivity because of its nature as a distributed infrastructure. BTTC, the primary heterogeneous cross-chain interoperability protocol within the business launched by TRON, is a agency proof of its dedication. It would function a stable and reliable bridge for us to march into the digital future and absolutely embrace the brand new period of “connecting all chains”. Sensible contracts are the secret in Net 3.0 since they open up potentialities for builders, permitting nearly everybody to construct DApps on TRON, and overlaying almost all industries together with finance and GameFi.
Based by Justin Solar in 2018, TRON has established itself as one of the highest three public chains worldwide after years of growth. In the present day, TRON’s public chain boasts upwards of 60 million customers, over 2.5 billion transactions, and an all-encompassing ecosystem that covers DeFi, NFT, stablecoins, and distributed storage protocols.
Along with TRON, business giants throughout the globe comparable to AMTD Group, Microsoft, Ant Group, Tencent, Mastercard, Temasek, Financial institution of China, China Development Financial institution, Industrial and Industrial Financial institution of China, HSBC, and PayPal additionally attended SFF 2021.
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