|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Cryptocurrency News Articles
ComplexCon Hong Kong Showcases How Blockchain Technology Can Transform Event Experiences
Jun 17, 2024 at 05:00 pm
ng Kong was the global festival’s first event in Asia and was a massive success. Beyond the art, music, fashion and food, the event was the perfect venue for testing how blockchain technology can transform event experiences by underpinning a “phygital” wonderland, says nChain’s Simit Naik.

ComplexCon Hong Kong was the global festival's first foray into Asia and it was a massive success. But beyond the art, music, fashion and food, the event was the perfect testing ground for how blockchain technology can transform event experiences by seamlessly underpinning a "phygital" wonderland, says Simit Naik of nChain.
Naik is the Director of Strategy at the London-based global tech firm, and speaking to CoinGeek Backstage reporter Claire Celdran on the sidelines of the event, he discussed why having blockchain in the background is essential for the technology's future.
ComplexCon Hong Kong saw over 30,000 attendees flock to the event, and the vast majority used a blockchain-powered mobile application that was developed by nChain.
"The primary benefit of the app is to give the attendees a better experience, drive loyalty to ComplexCon [Hong Kong] and some of the exhibiting brands, and also give us better insight into what people want," Naik explained.
The app allowed attendees to create a digital collectible of their tickets and gave them access to certain exclusive features, such as presenting useful bits of information, like exclusive drops from some of the designers or exciting presentations at various stands.
While nChain focused on delivering a smooth and intuitive user experience rather than overtly marketing blockchain technology, everyone who created a digital collectible of their ticket was essentially minting a non-fungible token (NFT).
"We've onboarded thousands of people onto the Web3 journey without them even knowing, and for us, it's super important because we want to make sure that this technology is always in the background," Naik told CoinGeek Backstage.
Finally, Naik noted that while the event was a small sample size, it helped "validate that what we're building and the technology we're using is scalable.” At any one point, thousands of people were using the app, and it handled the traffic seamlessly.
Scalability has been the Achilles heel for most blockchain networks, with BTC still stuck on seven transactions per second, and ETH, despite moving to proof of stake, still lacking the scaling capability for non-crypto use.
Watch: Memeland showcases Web3 utility beyond the digital sphere
New to blockchain? Check out CoinGeek's Blockchain for Beginners section, the ultimate resource guide to learn more about blockchain technology.
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.
-
-
- Consensus 2026 Miami: Web3, Blockchain, Cryptocurrency, NFTs, Metaverse, Conference, May 5th — Where Wall Street Meets the Digital Frontier
- May 01, 2026 at 11:27 pm
- Miami buzzes as Consensus 2026 approaches on May 5th, highlighting Web3, blockchain, crypto, NFTs, and the metaverse's shift from hype to institutional and sustainable reality.
-
-
- Bitcoin Miners Electrify the Grid: Ohio Gas Plant Acquisition Powers Up a New Era for Digital Gold
- Apr 30, 2026 at 10:38 pm
- The Bitcoin mining industry is undergoing a significant transformation, with major players aggressively expanding operations and strategically acquiring energy assets like Ohio gas plants to solidify their future in the digital economy.
-
-
- Solana's Slippery Slope: Price Prediction Points to Resistance Loss and Potential Further Drops
- Apr 30, 2026 at 09:08 pm
- Solana is struggling to break key resistance, signaling potential downside. Repeated rejections at $86-$88, coupled with a broken short-term pattern, point to targets as low as $67, or even $40, as sellers maintain control. Investors should watch critical support levels closely.
-
-
- NYC's New Beat: Staking Systems, USD1, and Governance Drive Crypto's Next Wave
- Apr 30, 2026 at 03:02 pm
- From lucrative USD1 earning events to robust governance models, the crypto sphere is buzzing with innovations reshaping how we engage with digital assets, focusing on long-term commitment and stablecoin utility.
-
- OKX Unveils Agent Payments Protocol: Ushering in a New Era of AI Transactions
- Apr 30, 2026 at 02:53 pm
- OKX launches its Agent Payments Protocol (APP), an open standard for AI-driven commerce, enabling agents to manage full business cycles. Explore the implications for AI transactions and agentic payments.

































