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Octopus Network to be a sponsor and exhibitor at 2022 AIBC UAE blockchain event

Octopus Network to be a sponsor and exhibitor at 2022 AIBC UAE blockchain event

It is the beginning of the blockchain event season in Dubai and Octopus Network, a multichain crypto network, announces that it will both be a sponsor and exhibitor at 2022 AIBC UAE — Dubai, March 20-23.

2022 AIBC UAE expo draws leading figures of cutting edge technology from the emerging tech world of the Middle Eastern metropoles. It aims to unite policy-makers, developers, C-suite executives, and legal experts from the thriving AI and Blockchain sectors with inspiring keynote speeches, workshops and networking events.

“The expo seeks to create the foundation that the Industrial Revolution 4.0 can be built upon.” — 2022 AIBC UAE

The Octopus Network is a multichain crypto network for launching and running Substrate-based application-specific blockchains — app chains. Appchains in the Octopus Network benefit from flexible and cost-effective leased security (LPoS), out-of-the-box multichain interoperability, complete infrastructure, and a ready-to-be-engaged community.

An app chain, or application-specific blockchain, is an independent blockchain specifically used for a certain set of custom-designed applications. Appchains allow developers many options for optimization in the design of their application chains, such as governance frameworks and economic models — including those at the bottom of the technology stack.

Octopus Network believes that the most suitable technology stack for blockchain gaming is an EVM-compatible application chain because, after seven years of development, EVM has had time to shake out bugs, to become the most mature, reliable, and mainstream.

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Although an Appchain with EVM is developed with smart contracts, it can still enjoy the benefits of one application per chain such as faster processing capabilities and full customization potential to achieve the best user experience.
At the 2022 AIBC UAE expo, the Octopus Network will be sponsoring a dinner for ten Blockchain Gaming projects.

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