The Global Blockchain Summit 2018 will discuss blockchain technologies and the prospects of the cryptocurrency market Sibcoin Follow Mar 19, 2018 · 3 min read

The Sibcoin project (cryptocurrency, created on the basis of blockchain technology) invites to the international Global Blockchain Summit 2018, which will be held in Sochi on March 24 and will be devoted to blockchain technologies and cryptocurrency. Within the framework of this event, Alexander Novozhenov, the head of the Sibcoin Foundation, will make a report.

Alexander’s report will focus on the creation of non-profit foundations around blockchain-products and cryptocurrencies. The altcoins problems and ICO projects will be considered, the team of creators which, as a rule, pay attention to active marketing promotion of their future product to increase its market capitalization instead of focusing on creating its real value. Often, resources or enthusiasm end, investors stop believing in the idea, the project falls into “another empty fork” or “scam-coin.” Often, even a team does not know how to help develop a product in this situation.

According to Alexander Novozhenov, it is possible to get rid of many problems by creating the right framework or even an ecosystem. An independent non-profit foundation will help all interested parties, from investors to evangelists, promote the product. Alexander will tell in his report about creating such an organization, about its goals and objectives, about the benefits it can bring. This report will be particularly interesting to decentralized blockades and projects, which are based on the ICO-model of financing, as well as to investors awaiting the development of crypto-currency.

At the summit’s website, the world’s recognized experts in the field of blockchain-technologies, including crypto investors, developers of blockchain platforms accessing the ICO, participants of the largest poker tour of the EPT, will meet with 700 participants to share their knowledge, create new productive partnerships and implement large-scale projects. Reports at the Global Blockchain Summit will be presented by Samson Lee, co-founder of Hong Kong Blockchain Center, founder and CEO of CoinStreet, Anti Danilevsky, head of the game development company RFP LLC and founder of the KICKICO platform, Denis Soldatov, DevOps in Parity Technologies and creator GenEthOS, Vladimir Popov, the author of books on the legal status of the cryptocurrency, ICO and bitcoin, Sergey Lonshakov, the project manager and the leader of the blockchain team Airalab, coordinator of the Russian-speaking community Ethereum Igor Matyukhin and other experts. A full list of speakers is available on the event’s website: https://mania.events/.

The future of the blockсhain will be discussed at the summit; opportunities to create own ICO. Also, Global Blockchain Summit 2018 participants will pay special attention to the development of the cryptocurrency market and prospective currencies for investments.

The Sibcoin Foundation was created to promote the global spread of Sibcoin and technologies based on this cryptocurrency. Main tasks: support developer’s research, introduction of new technologies and functional capabilities on the basis of Sibcoin platform, promotion of cryptocurrency in exchange markets, support of activity of miners, implementation of long-term marketing strategy, interaction with partners and investors for creation of new products, and cooperation with state structures.

Siberian Chervonets, Sibcoin (SIB) — cryptocurrency, using the same unit for accounting operations. The project started on May 9, 2015 as an open platform, in the development of which the community participates. One of the main features of the system is full decentralization. Calculations are made directly between users, the possibility of instant transfers is supported. Sibcoin uses a modified crypto algorithm X11 with the addition of a function “Stribog” (GOST R 34.11–2012). The use of GOST encryption allows to use Chervonets in projects of national scale, including as a national cryptocurrency. Operations with Chervonets are produced on such well-known exchanges, as Ubit, Bittrex and others. Buy Sibcoin on the web-site https://sibcoin.money/.

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