Paris Blockchain Week 2025 Showcases PoSA Innovation, Hackathon Wins, and Web3 Trends

22.04.2025 34 times read 0 Comments

Paris Blockchain Week 2025: Innovations and Highlights

The Paris Blockchain Week 2025, held at the Carrousel du Louvre from April 8-10, brought together 9,600 attendees from 95 countries to discuss Web3 innovations. A key highlight was the introduction of the Bahamut blockchain's proof-of-stake-and-activity (PoSA) consensus mechanism by Fastex Web3 program lead Pavel Aramyan. This innovative approach rewards validators based on the activity of their smart contracts, enhancing their chances to propose blocks and earn rewards.

The event also featured a hackathon, where 11 teams competed for a €10,000 prize pool. Winning projects included "Gaming Meets Liquidity" by Looser Bracket (€5,000) and "Boost Smart Contract Earnings with PoSA" by Rod For Bahamut (€3,000). The hackathon showcased the potential of integrating PoSA into decentralized applications.

“What sets Bahamut aside is the consensus mechanism where validators have the opportunity to deploy their smart contracts and tie them directly to their validator nodes,” said Pavel Aramyan.

Fastex also hosted the "Future Confidence Conference," unveiling consumer-facing services like YoWallet and YoHealth, and emphasized the growing interest of Fortune 500 companies in crypto trends. The week concluded with a celebratory afterparty at La Machine du Moulin Rouge, attended by over 2,000 guests.

Event Date Highlight
Paris Blockchain Week April 8-10, 2025 Introduction of PoSA mechanism
Hackathon April 5-6, 2025 €10,000 prize pool

Source: Cointelegraph

Verae and Evercycle: Blockchain-Enabled IT Asset Management

On April 21, 2025, Verae, co-founded by blockchain pioneer Dr. Stuart Haber, announced a partnership with Evercycle to integrate blockchain technology into IT asset management (ITAM). This collaboration aims to enhance the traceability, security, and transparency of ITAM/ITAD data through Verae's DataCubes™ technology.

Evercycle's platform focuses on automating IT device lifecycle management, including deployment, recovery, and refurbishment. By incorporating blockchain, the partnership ensures an immutable history of each device, aiding compliance with sustainability and data security standards. Nate Poynter, CEO of Evercycle, highlighted the importance of blockchain in addressing fragmented systems and unverifiable records in ITAM.

“Integrating blockchain into ITAM is about solving for trust at scale,” said Nate Poynter.

This partnership allows enterprises to adopt blockchain without altering existing processes, providing a foundation for auditable and transparent systems in asset recovery and reuse.

Source: Morningstar

XRP Price Surge and Cloud Mining Opportunities

XRP recently reached a seven-year high, surpassing $3, driven by progress in the SEC lawsuit and increased adoption by financial institutions. BlockchainCloudMining offers a platform for users to capitalize on XRP's growth through cloud mining, eliminating the need for hardware investments. The platform provides various mining plans, such as the "WhatsMiner M66S" with a $500 investment and a 7-day return of $540.25.

BlockchainCloudMining is regulated by the FCA and ensures secure transactions and daily payments. The platform's low entry threshold and user-friendly interface make it accessible for both new and experienced investors.

Mining Plan Investment Duration Total Return
WhatsMiner M66S $500 7 days $540.25
Bitcoin Miner S21 XP Imm $5,000 32 days $7,048

Source: Bitcoinist.com

On-Chain Tokenization: A New Era for Payments

On-chain tokenization is transforming real-world assets into programmable digital tokens on the blockchain. Companies like Visa, Mastercard, and J.P. Morgan are exploring tokenized payment systems, with J.P. Morgan's JPM Coin already facilitating billions in daily transactions. Tokenization enables faster, cheaper, and more secure money movement, offering new capital strategies for businesses.

Recent developments include Vera Capital's partnership with Blocksquare to tokenize a $5.4 million commercial property in Fort Lauderdale. BlackRock CEO Larry Fink has also expressed support for tokenizing all assets on the blockchain, emphasizing its potential to modernize financial systems and democratize investment access.

Source: PYMNTS.com

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