Benzinga - Venezuela's capital, Caracas, is set to host the second edition of the Caracas Blockchain Week Oct. 24-28. This event aims to foster a deeper understanding of cryptocurrency and its potential applications, especially in regions grappling with economic challenges.
Emphasis on Practical Learning: In light of the current "bear market" in the crypto world, the conference's focus is on tangible learning and building. It wants to provide a platform where participants can explore and adapt crypto tools to real-world economic scenarios.
Ernesto Contreras, co-founder of the event, highlighted the importance of innovation during challenging times. He noted that downturns often bring together those genuinely interested in finding solutions.
With Venezuela leading in crypto adoption, the conference seeks to harness this momentum to shape the future of cryptocurrency.
See Also: Kraken Ventures' $100M Fund Targets Next Generation Of Crypto Startups
Connecting Global and Local Insights: The Caracas Blockchain Week serves as a bridge between global and local crypto experts. It will feature speakers from Venezuela and neighboring countries, offering a blend of international perspectives and local insights.
The goal is to provide a comprehensive view of how cryptocurrency is being integrated into various economies, especially those facing financial complexities.
Introducing a New Crypto Development Challenge: A notable addition to this year's conference is Venezuela's inaugural crypto-hackathon, organized in collaboration with the development firm, Think and Dev.
This competition, called "King of Devs Venezuela," aims to provide a platform for local developers to present their innovations.
Think and Dev specializes in high-complexity systems and has previously organized successful hackathons in Latin America. This collaboration with Caracas Blockchain Week is expected to bring forth innovative solutions from the local developer community.
Participants in the hackathon will have the opportunity to interact with experts from established crypto platforms such as Polkadot, Dash, Hive and Solana. While there are prizes to be won, the emphasis is on innovation and practical application.
See Also: Ethereum Founder Vitalik Buterin Acknowledges All ETH L2s Have 'Backdoors'
For those interested in the developments of this event, more information is available on the CBW community website
Photo: Courtesy Caracas Blockchain Week
© 2023 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.