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Cryptocurrency News Articles

Request Network (REQ) Is Set to Attend the EDCON Conference in Tokyo on July 24th-31st

Jul 19, 2024 at 07:46 am

The team is looking forward to the main conference, the Super Demo Day, and other unique side events.

Request Network (REQ) Is Set to Attend the EDCON Conference in Tokyo on July 24th-31st

Coindar - Request (REQ) to Attend EDCON Conference in Tokyo From July 24th-31st

According to a recent announcement by Request (REQ), the team has been invited to attend the upcoming EDCON conference in Tokyo, set to take place from July 24th to 31st. The team will be present throughout the conference, aiming to showcase REQ's capabilities and highlight its role in shaping the future of finance.

The team is particularly excited about the main conference, which will feature presentations from leading figures in the blockchain and cryptocurrency space. They will also be participating in Super Demo Day, where startups will showcase their innovative solutions to a panel of judges and attendees.

In addition to these main events, the team will be attending various side events, including parties, meetups, and workshops, to connect with the community and share their insights on the latest trends in decentralized finance (DeFi).

Request (REQ) is a decentralized network that aims to create a “global cooperative financial system” by bridging isolated financial platforms. It provides individuals and entities with autonomy over their financial information and decisions. The Request Protocol acts as an intermediary, facilitating various payment requests, ranging from simple peer-to-peer transactions to complex business invoices.

Within the Request system, payments are initiated by sending an invoice through the blockchain. The recipient can then acknowledge and settle this request in a single step, completing a direct peer-to-peer transaction. Notably, payments on Request are push-driven, eliminating the need for disclosing personal account information.

By leveraging blockchain technology, primarily Ethereum and IPFS, Request decouples transactions from third-party intermediaries. This setup reduces transaction costs and enhances user security, privacy, and data ownership. While the platform does incur transaction fees, these are necessary for broadcasting updates to the blockchain and rewarding miners for achieving network consensus.

REQ is an ERC-20 token on the Ethereum network. Each request executed with REQ is recorded on an immutable digital ledger, serving both as an indisputable record and an auditing tool.

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