Ms. Skaistė Budbergytė-Zabielaitė, the director of the „Crypto Economy Organisation“ association, who is organising the conference, has stated that Lithuanian and foreign experts will review current changes in WEB3 technologies and share their insights.
Fintechs and traditional financial institutions compete to develop new products and services. On the one hand, it gives the power of choice to the consumer, but on the other hand, with most services being digitized, many people are excluded even further. At the Fintech Day 2022 panel discussion, industry leaders discussed what has to be done to achieve inclusion and have more people partake in financial processes and what are the obstacles and solutions to financial inclusion.
( The Proof of Trust or the Company ) LONDON, 10 February 2021 - The Proof of Trust, the globally patented smart contract validation and automated dispute resolution platform is proud to announce a new Memorandum of Understanding (MoU) in Lithuania, with Super How and Crypto Economy Organisation (CEO), in response to unprecedented global demand. The new agreement will allow The Proof of Trust to deploy its ground-breaking protocol in a vibrant, digital-first economy with global reach. Lithuania is one of Europe s most successful growth stories, with GDP rising at an average of 3.57% over the last decade. Technology has been at the core of this boom, with the number of FinTech s in the country growing by 24% in 2019. As of July 2020, Lithuania had issued 62 Electronic Money Institution Licenses, by far the most of any EU member, and 35 full Payment Institution Licenses, second only to Germany.