Cardano and MultiversX Join Web3 Innovation Initiative in Geneva with Launch of Lightningbox

As a crypto investor with a background in technology and business, I’m excited about the recent announcement from STORM Partners and their new initiative, Lightningbox. This collaboration between STORM Partners and other major projects like Cardano (ADA) is a significant step forward for blockchain adoption among large enterprises in Europe.


At the Web3Fest in Switzerland’s renowned “Crypto Valley,” STORM Partners, a leading blockchain services provider, made significant announcements alongside Cardano (ADA) and other notable crypto projects. The company introduced “Lightningbox,” a new Web3 experimental platform, and revealed their headquarters had been moved from Montreux to Geneva.

This undertaking intends to empower European large businesses to utilize the capabilities of blockchain technology and spearhead their digital evolution.

STORM Partners Joins Cardano (ADA) To Accelerate Blockchain Adoption

The Lightningbox project aims to make it easier for businesses to adopt blockchain technology by providing a secure platform with advanced tools for institutions. Through this, large organizations can effectively utilize Web3 technologies and create innovative applications.

As a crypto investor with an interest in the Geneva market, I’ve identified three primary areas of focus for Lightningbox: Impact, Consumer, and Finance. These pillars reflect significant demand from established local players looking to expand their presence in the digital economy. In the near future, we plan to add Life Sciences to our list.

STORM Partners has teamed up with integration firms to boost innovation in the Lightningbox platform. These collaboration partners have pledged considerable human and technical resources to the project, totaling a sizable mid-level financial commitment.

As a crypto investor, I’ve noticed some significant early contributors to the blockchain industry that have caught my attention. Among them are Circle, the issuer of the stablecoin USDC, which has brought stability to the volatile crypto market. Hacken, a cybersecurity provider, is another noteworthy player that helps secure the infrastructure of decentralized finance (DeFi) projects. MultiversX, with its robust infrastructure, is paving the way for innovative blockchain solutions. Lastly, Walder Wyss, a reputable law firm, is providing legal guidance to ensure compliance and trust in the crypto space.

“Through a four-stage journey, Lightningbox converts concepts into tangible outcomes. It begins with creative sessions and discussions, followed by observation and refinements, incorporates industry and community input, and culminates in trials and exclusive launch events.”

As a web3 analysis specialist, I had the opportunity to attend Decentral House’s Corporate Innovation Day, which functioned as the ideal setting for several significant announcements. This event brought together an impressive group of individuals, including industry titans, budding entrepreneurs, and esteemed representatives from globally recognized brands such as eBay, UNHCR, Hublot, BBVA, and UNICEF.

Prominent blockchain projects including Cardano, Mina Protocol, MultversX, and Hedera participated in the event, demonstrating its significance and Switzerland’s commitment to fostering cryptocurrency and blockchain development.

Geneva As A Global Blockchain Hub?

As a crypto investor, I’m thrilled about the recent announcement and can’t help but share my excitement. Sheraz Ahmed, the Managing Partner of STORM Partners, emphasized the importance of bolstering the blockchain industry. He sees the value in creating a platform that fosters innovation and provides a home for brilliant minds and trailblazing projects in the decentralized applications (dApps) sector.

I’m an analyst with expertise in the blockchain industry. The recent announcement revealed that STORM Partners will establish their presence at Decentral House in Geneva. Decentral House is renowned as a hub where community, collaboration, and the expansion of blockchain technology thrive. Being the founder of Decentral House myself, I’m thrilled to welcome STORM Partners to our ecosystem.

Geneva boasts a profound heritage of ground-breaking ideas and international bodies; it serves as an optimal hub to catalyze this digital metamorphosis. Local entities aiming for global influence, including the World Economic Forum, the United Nations, and numerous private banks, position Geneva as the prime spot to guide and intensify the expansion of blockchain technology on a global scale.

As a crypto investor, I was thrilled to be part of the launch event where prominent figures shared their positive views on the Lightningbox initiative. Chris Fabian, Co-Lead Giga (UNICEF), expressed his joy at observing growing corporate curiosity towards innovation and blockchain technology in Geneva.

Philippe Meyer, the Head of Digital and Blockchain Solutions at BBVA, underscored the significance of blockchain technology spreading throughout various sectors, such as banking and finance, in order to enhance operational processes and foster the development of Industry 4.0.

Cardano and MultiversX Join Web3 Innovation Initiative in Geneva with Launch of Lightningbox

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2024-06-14 12:22