Showcasing Innovation and Transforming Industries
Several companies and projects from the BSV Blockchain Ecosystem took part in the GITEX Global conference in Dubai (Oct 16-20, 2023), one of the world’s largest and most exclusive tech events.
The event served as a platform to demonstrate how BSV Blockchain’s cutting-edge solutions can revolutionise industries globally and bring together leading companies and brilliant minds to drive innovation in business, economy, and culture.
BSV ecosystem companies like nChain, SmartLedger, UNISOT, Gate2Chain, Vaionex, ELAS, ELLIPAL, Silverline and Timechain Labs, used the event as a platform to showcase their products and services to an international audience.
BSV Blockchain – Promoting the BSV ecosystem and Teranode
At the heart of the BSV Blockchain’s presence at GITEX is the promotion not only of the blockchain itself but also of the BSV ecosystem as a whole. All participants from the ecosystem have innovative products, apps and services to offer that improve the status quo in their sectors and solve real-world problems or make processes more efficient.
Another key focal point of the BSV Blockchain’s participation in GITEX is the announcement of an upcoming and eagerly anticipated update – Teranode. This new mining software is poised to replace the existing SV Node, which has been in use since early 2018. Teranode represents a significant leap forward, promising to fully enable unbounded scaling capabilities for the BSV Blockchain.
nChain – Demonstrating leadership in blockchain innovation
As a technology infrastructure company, nChain is providing other companies with technological solutions and infrastructure to achieve their goals. Presenting at GITEX, nChain showcased its expertise as a leader in the realm of blockchain technology and also supported its partners such as UNISOT and Gate2Chain, which act primarily in the supply chain sector. nChain, through its representation of UNISOT and Gate2Chain, positions itself as a catalyst for the dissemination of these transformative technologies in the region.
GITEX serves as a platform for nChain to not only showcase its commitment to its partners but also to facilitate the sharing of the transformative message of blockchain technology. As the Middle East embraces these advancements, nChain’s presence at GITEX highlights its dedication to driving the adoption of blockchain solutions that cater to the unique demands of the region.
SmartLedger – Leveraging the BSV Blockchain’s top-notch security features with Certihash
Certihash Sentinel Node is the flagship product of Smartledger. Sentinel Node is a cybersecurity software that detects unauthorised breaches of networks. The integration of the BSV Blockchain plays a key role in this. By leveraging the decentralised and immutable nature of blockchain, Certihash aims to create a robust framework that safeguards networks from a myriad of threats.
The company’s mission extends beyond mere detection. Smartledger has an ambitious plan to cover the entire spectrum of cybersecurity with dedicated applications, ranging from identity confirmation to the recovery of corrupted files.
For some time now, Smartledger has also made it its mission to educate the public about blockchain technology. Smartledger has recently released a series of eBooks, including the title ‘The Next Era in Miner Economics’. This publication delves into the intricacies of mining operations, urging a holistic examination beyond computational power and hash rate.
UNISOT – Showcasing its suite of supply chain products
UNISOT unveiled a solution that specifically caters to the Middle Eastern market and was thus perfect for the GITEX conference in Dubai – HalalOnChain. HalalOnChain represents a comprehensive solution that ensures transparency and authenticity throughout the entire lifecycle of halal products – from the life of the animal to the slaughtering process, and through transportation and logistics.
Apart from HalalOnChain, UNISOT also showcased other products such as AgriOnChain, a solution tailored for an olive oil producer in Italy. With olive oil being one of the most counterfeited products globally, UNISOT steps in to add a digital product passport, allowing the producer to authenticate the quality, origin, and content of their olive oil. This digital product passport serves as a powerful tool in the fight against counterfeit products, providing consumers with the assurance of the authenticity of their purchases.
UNISOT’s initial product, SeafoodChain, has gained a new customer who is leveraging the digital product passport to validate the quality of European oysters. The story behind this is intriguing, as the European oysters, once eradicated from the ecosystem in the 1800s by an Asian type, are now being reintroduced. UNISOT plays a pivotal role in helping this company prove the quality and origin of European oysters through its digital product passport for the SeafoodChain.
FashionOnChain promises further advancements in the realm of supply chain traceability. The company continues to position itself at the forefront of blockchain innovation, providing tailored solutions that address the unique challenges faced by industries across the globe.
Timechain Labs
Timechain Labs used the stage of GITEX to introduce Neucron, a revolutionary blockchain as a service (BaaS) API solution extension. With a vision to empower developers, Neucron aims to facilitate the seamless development of custom blockchain solutions that harness the full capabilities of the BSV blockchain through a single API suite.
Neucron has diverse capabilities that have the potential to transform the landscape of blockchain development. The platform offers a comprehensive suite of features, including smart contracts, sequence transactions, lock time transactions, asset management contracts, tokenisation, security token creation, and customer contracts. Neucron consolidated these functionalities into a unified and user-friendly interface, providing developers with a powerful toolset to create robust and scalable blockchain solutions.
Another noteworthy offering from TimeChain Labs is Neucron Pay, a wallet payment service that stands out for its versatility. Sharan highlighted key features such as swipe buttons, payment links, and integration with the financial system, positioning Neucron Pay as a comprehensive payment solution. What sets Neucron Pay apart is its unique ability to utilise blockchain without relying on cryptocurrencies. The platform seamlessly integrates with fiat currencies and supports tokenisation on the blockchain, featuring multiple stablecoins for added flexibility.
In addition to Neucron, Timechain Labs introduced its upcoming solution Assetiser—an enterprise-grade solution built on the Neucron foundation. The Assetiser is designed for the tracking and monetisation of assets, catering to the specific needs of enterprises seeking efficient asset management solutions.
Vaionex – Proving mass market readiness
Vaionex showcased a range of applications at the GITEX Global conference, such as its much anticipated Meta Layer for Gaming and AI Forge.
The company is already at the mass market stage, as they have effectively transformed theoretical concepts into practical, user-friendly solutions – a fact that caught the attention of brands, businesses, and investors at GITEX 2023.
AI Forge has already been launched in two major cities – Miami and London. By collaborating with startups and engaging in substantial product development, Vaionex is poised to make significant strides in the next 6 to 12 months.
The primary purpose of the Meta Layer is to instantly reward users for their achievements in the gaming arena. During the conference, Vaionex used games such as Valorant to show how seamlessly the Meta Layer can be integrated into existing games. Unlike conventional methods of creating games from scratch to incorporate blockchain technology or cryptocurrencies, the Meta Layer capitalises on the existing user bases of massively popular games, effortlessly providing them with rewards in BSV.
The way forward and future events
This year’s GITEX Global conference was an opportunity for BSV Ecosystem Partners to showcase their own innovation and technical advancement through the BSV Blockchain at an early stage. With Teranode, the BSV Blockchain is getting ready to tap into its potential to scale unbounded, creating invaluable benefits for the public and society.
There are still many events taking place in the BSV Ecosystem around the world this year. They are the perfect opportunity to find out more about the BSV blockchain and the many projects and companies in the ecosystem. On the event section of the BSV Blockchain website, or on social media (Twitter, Facebook, LinkedIn), where you can track the latest news and updates.