Blockchain-based startup AltSwitch awarded gold place by

NEW YORK, NEW YORK, JULY 12, 2022 (GLOBE NEWSWIRE) –

Future Innovation Summit V2 was a recently concluded event organized by the private office of HH Sheikh Saqer Bin Mohammed Al Qasimi under the leadership of HE Adnan Al Noorani held 11-12. May at the Meydan Hotel in Dubai. In the audience were government officials, prominent personalities and organizations who gathered for critical discussions on topics such as space, metavers, blockchain technology and sustainability. Financial and blockchain experts present include Dr. Michael Gebert (Chairman and Founder of the European Blockchain Association), Christian Noll (CEO – IBM Consulting IBM Middle East and Africa), and Rizwan Sajan (Founder and Chairman of the Danube Group) among many others . The event was also attended by HH Sheikh Saqer Bin Mohammed Al Qasimi himself.

Many competitors struggled to win a place among the top three with projects that provided innovative solutions to niche industries that appealed to a wide audience. AltSwitch’s hardware wallet debut was able to secure a unanimous vote to win the gold spot with its sleek and luxurious design, multi-layered security encryption technology and NFT integrated display. They combined these elements into a formula for success in the eyes of the judges who are concerned with assessing the viability and competitive advantage of all participants.

An important point in the presentation was the importance of self-preservation and the social responsibility for digital asset security from blockchain-based companies, which the CEO also talked about on stage. He stressed that the alarming growth in the theft of digital assets can not be controlled, as it damages the reputation of the cryptocurrency and each of the victims’ financial future. He suggested that companies should maintain a human-to-human element of doing business as more than just statistics, but people’s lives and hard-earned lifestyles. Another was the company’s task to strengthen people’s ability to take care of themselves by placing the security of their assets in their own hands apart from conventional financial institutions.

Securing one of the coveted winning places in the competition opens the company’s future to even more heights as it consolidates its reputation as a forward-thinking figure in the security industry for digital assets. Some of the Sheikh’s private office awards include (but are not limited to) assistance with business development, company registration and office placement in Dubai, as well as an endorsement to strategic partners and government entities. These provided a key opportunity for the company to establish a base for operations in the UAE that has positioned itself as a haven for new technologies and innovations and strategic access to the GCC. Only time will tell the degree of success AltSwitch will achieve, but this victory is a strong step in the right direction for those in a globally competitive industry.

AltSwitch is a blockchain-based company that builds products with an ecosystem of decentralized apps and services that aim to make self-sharing and decentralized finance more secure and accessible. Its core team members present were CEO Carl Munsayac, CMO Dragos Petrovan, CTO Vlad Sulea, CCO Carlo James Nuque, CDO Clark Abella, CSMO Maria Kaye Labay, CHRO Shari Ashley and CPRO Nicholas Sledziona who were able to capture the attention of both industry experts as well as established venture capital and investment company delegates with their presentation.

AltSwitch makes a statement worthy of attention as the next major player in the hardware wallet industry. This is a perfect opportunity to give this startup a closer look and potentially become an early investor in a breakout company that will introduce a revolutionary solution to a multi-billion dollar problem.

Watch the video here: https://bit.ly/39Md6hY
To learn more visits: https://tapx.link/altswitch
Website: https://altswitch.io
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