Depos November newsletter
Singapore FinTech festival, South Korea trip and Zilliqa bond tokenization protocol
Singapore FinTech week and Blockshow
November has been full of great networking opportunities here in Singapore and beyond. Singapore blockchain week gathered blockchain projects from all parts of the word. For us it was a good chance to tell about what we are doing in Depos and what are our core value propositions for market participants.
We collected feedback from such exchanges as Okex, ZB, Latoken, Atomars and IDEX and incorporated it in better refined go-to-market strategy. We also had an opportunity to talk to multiple start-ups and verify our suggestions that stablecoins are needed in many applications in order to be used as payment instrument and user base monetization tool.
FinTech week has been ended with LongHash LabCrawl event where we had our first experience pitching to 100+ people audience
South Korea trip and BabyCash pilot
In the end of November we had another great opportunity to practice pitching at Seoul DemoDay by BlockCrafters, a government supported blockchain incubator. Depos together with 4 other teams from ZilHive and 5 teams from BlockCrafters presented their projects here.
As a result of South Korea trip we also entered a pilot agreement with BabyCash, a project developed by Pregnancy Tracker, the fast growing app having more than 800k active users worldwide. BabyCash is an ambitious project to build the full ecosystem helping women to earn money with remote jobs and participate in various economic activities. For BabyCash we will build the stablecoin together with Pregnancy Tracker using Depos technology and bond tokenization approach.
Zilliqa bond tokenization protocol
In the end of November we succesfully finished our grant works for Zilliqa building bond tokenization protocol. First test tokens representing bonds have been issued in Zilliqa testnet and went through full bond lifecycle.
We plan to use this protocol to issue stablecoins collateralized by tokenized bonds on Zilliqa blockchain
