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The Profitable Conclusion of InnoBlock 2024: Main Web3 Innovation to New Heights – CoinJournal

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InnoBlock 2024, the extremely anticipated summit, efficiently concluded at Singapore Expo Corridor 3 from September 16 to 17, 2024. Co-hosted by ABGA and BBS, with Think about Creation Combinator (ICC), DePIN X, Parasail, and Metis as co-organizers, the summit centered round Web3 innovation and targeted extensively on the long run tendencies of Web3 purposes. Bringing collectively blockchain leaders from over 20 nations, the occasion featured greater than 150 distinguished figures from main public chains, VCs, exchanges, media, communities, and famend initiatives within the Web3 house, who engaged in high-level discussions and in-depth exchanges. Beneath the theme “Builder-centered Innovation,” the summit lined a broad vary of matters, from macro tendencies within the trade to the event and building of the Web3 ecosystem. It aimed to discover the way forward for Web3, proposing new strategic concepts and technological instruments to gas innovation and drive the trade’s progress ahead.

In response to statistics, the summit attracted over 6,500 attendees, making InnoBlock 2024 one of many largest aspect occasions throughout Token2049. It had a profound influence on discussions and developments throughout the Web3 trade, bringing collectively elite representatives from varied fields who delivered a wealthy array of keynote speeches and panel discussions. These periods supplied in-depth analyses of Web3, decentralized applied sciences, and AI-driven improvements.

The summit featured two principal s

tages and an Open Stage. Over the course of two days, the agenda introduced 23 keynote speeches, 26 panel discussions, and three hearth chats, protecting common matters resembling Web3, AI, GameFi, and DePIN. Under is a recap of the occasion’s highlights from each days.

September 16 Spotlight Evaluation

Keynote Evaluation:

  • Robin Duan, CEO and Founding father of MetaY, in his speech “GenAI Games & DePIN,” shared how generative AI and DePIN are reworking the gaming trade. He significantly highlighted the potential and scalability of AI-driven recreation improvement, emphasizing MetaY’s efforts to create extra immersive and decentralized gaming experiences utilizing these applied sciences.
  • Veronica Wong, Co-founder and CEO of Safepal, in her speech “Understanding Web3 Users in 2024: Evolving to Fuel Industry Adoption,” explored the evolving tendencies in Web3 consumer calls for for 2024, noting growing expectations for ease of use and comfort. She launched Safepal’s revolutionary options, resembling multi-chain wallets, which have quickly established the platform as a worldwide chief.
  • Yawn, Co-founder of StepN/Discover Satoshi Lab, delivered a presentation titled “Make NFT Great Again, from STEPN to STEPN GO,” the place he analyzed the fluctuations within the NFT market, emphasizing NFTs’ essential position in connecting Web2 customers and enhancing Web3 challenge experiences. He showcased the potential of NFTs by the success of STEPN GO.
  • Una Wang, Founder and CEO of LingoAI, in her presentation “Harnessing AI from Global Majority with DePIN and Web3.0,” launched how LingoAI makes use of multi-language AI corpora to guard endangered languages and allow real-time cross-language communication, guaranteeing knowledge privateness and consumer advantages.
  • David Jiao, CEO of Privasea, in his presentation “Build Trustless Humanity by Fighting the Bots,” emphasised the significance of safeguarding consumer privateness by absolutely homomorphic encryption expertise. He showcased how Privasea’s PoH expertise permits asynchronous verification and has established partnerships to increase its ecosystem.
  • Patrick Colangelo, Founding father of Nesa, in his presentation “The Future of Decentralized AI,” explored some great benefits of decentralized AI infrastructure. He launched how Nesa is dedicated to constructing a safe, non-public, and decentralized future for AI by Layer-1 blockchain expertise.
  • Kevin Shao, Government Chairman of ABGA and Co-founder of ICC, in his presentation “How to Develop the Dedicated Incubator for Web Applications,” mentioned methods to reinforce the consumer expertise of Web3 purposes. He highlighted the important thing initiatives of ABGA and ICC in selling innovation in Web3 gaming.
  • Justin Z, CEO and Co-founder of IXO Protocol, in his presentation “BeFi Meets DeFi: How Behavioral Finance Drives Mass Adoption in DeFi,” identified that BeFi can speed up the mass adoption of DeFi. IXO Protocol goals to leverage this to construct a human-centered monetary system.
  • Jessica, CEO of MetaEra, shared how to tailor advertising and development methods for Web3 companies in her presentation “The Innovative Solutions for Growth in the Web3.0 Era.” She emphasised MetaEra’s distinctive benefits in adapting to modifications throughout the Web3 trade.
  • Eddie Li, CEO of AEON, in his presentation “Key to Enabling Web3 Game Monetization and Mass Adoption on TON,” showcased AEON’s efforts to redefine crypto funds on TON. He launched how seamlessly built-in cost options improve the consumer expertise and software situations of Web3 video games.

Panel Evaluation:

– Panel dialogue “Navigating the Global Regulatory Landscape: Aligning Policies for Crypto Innovation and Compliance,” was moderated by Nicholas Khoo, Chairman, Digital Media Funding Committee of N PrimePartners Capital. The panelists included Dan Dimitriu, Junior Associate at Deutsche Telekom Consulting; Alex, Compliance Answer Director at Beosin; Krishna Ramachandra, Founding father of Authorized Insights; and George Yu, President of Uweb. The dialogue delved deeply into the disparities in cryptocurrency regulation throughout completely different areas globally, exploring methods to advertise innovation and enterprise growth amidst complicated compliance environments. Moreover, the panel mentioned the implications of CBDCs and stablecoin regulation on trade innovation.

– The panel dialogue, “Bitcoin ETFs and Traditional Finance: Bridging the Gap,” was hosted by Alma Li, Founder & Associate at Techub Information. The panelists included Xu Yang, International Associate at Tiger Brokers; Thomas Zhu,  Head of Digital Belongings at China Asset Administration HK; Michael Chen, Head of HashKey Wealth; and Jess Lo, Co-Founding father of SoSoValue. The dialogue explored the position of Bitcoin ETFs in driving institutional funding and elevating Bitcoin’s place throughout the conventional monetary system. It additionally delved into regulatory challenges and the prospects of crypto-based monetary merchandise.

– The panel dialogue, “When AI Embraces Web3 for Humanity,” was moderated by Professor Feida Zhu from the Singapore Administration College. The panelists included Jessie Chan, Vice President, Advertising at ParallelChain Lab; Nicholas La Noce, CEO of Aladdin; Glenn Tan, Associate at Blockchain for Good Alliance; and Eva Chen, Progress Lead at d.id. The dialogue showcased how the combination of AI and Web3 can drive social progress, promote sustainable improvement, and tackle international challenges, with a give attention to emphasizing the immense potential of technological innovation in creating constructive impacts for humanity’s future.

The panel dialogue titled “Building the Backbone of Bitcoin: Evolving Infrastructure for Scalability and Security” was moderated by Enes, CMO of Castrum Capital. The panelists included Jonathan, Head of BD and Partnership of Merlin Chain; Hakan Sezikli, Co-founder of BEVM; Yuchen, COO of Bouncebit; and Dylan Kawalec, DevRel Lead at GOAT Community. The dialogue centered on the evolution of Bitcoin’s infrastructure, delving into how revolutionary applied sciences can tackle present scalability and safety challenges, thereby fostering the widespread adoption and future development of Bitcoin.

– The panel dialogue titled “Fortifying Digital Assets: Best Practices for Secure Management and Custody” was hosted by Linda Ang, Singapore Chapter Co-lead at Allstarswomen DAO. The panelists included Isabella Yu, Head of BD at Cobo; Blue, CTO of SlowMist; Robert McCracken, Ecosystem Lead at Alchemy Pay; and Spencer Yang, Core Contributor at Fractal. This insightful panel delved deep into the safety practices for digital asset administration in 2024, encompassing threat administration associated to hacker assaults, staking, and DeFi initiatives. Moreover, it explored the position of blockchain expertise in enhancing the safety of digital belongings.

– The panel dialogue titled “Global Crypto Markets Overview: Navigating Regulatory Policies, Market Trends, and Investment Opportunities” was moderated by Glenn Tan, Associate at Blockchain for Good Alliance. The panelists included Edward Wong, Associate at CGV; James Zhang, CEO of Jambo; Louis, Core Group Member at BBS; and Gary Yang, Founding Associate of Eureka Group. The dialogue shared insights into the tendencies and regulatory insurance policies of the worldwide cryptocurrency market, exploring the differentiation amongst regional markets, the experiences of profitable initiatives, and techniques for navigating cross-border laws.

– The panel dialogue titled “AI from Global Majority” was hosted by Dr. James Ong, Founder and MD of Synthetic Intelligence Worldwide Institute. The panelists included Dr. Eric Tan from the Infocomm Media Improvement Authority; Brandan Ong of AI Singapore; Dr. Jun Zhao from Nanyang Technological College, and Henry Wang, Founder & CEO of SmartMesh/World Web3 Alliance. The esteemed visitors delved into the problem of uneven improvement in AI expertise and highlighted the potential of Web3 in bridging the digital divide and selling advantages for the worldwide majority. They referred to as for the democratization and inclusive improvement of technological sources.

– The panel dialogue titled “The Convergence of AI and Crypto: Unlocking New Frontiers in Decentralized Intelligence” was moderated by Tianyi Wu, Editor at Dethings. The panelists included Calanthia Mei, Co-Founding father of MASA; David Jiao, CEO of Privasea; Jimmy, CEO and Co-Founding father of ZBX/GhostDrive; and Dr. Harry Yang, Founding father of Nesa. The dialogue centered on how the combination of AI and blockchain improve transparency and compliance, whereas additionally providing insights into the long run tendencies of decentralized expertise.

– The panel dialogue titled “Assets and Infrastructure: Exploring the Intersection of DePIN and Real-World Assets in Web3” was hosted by Ray Li, Director of XPIN. The panelists included Kingsley Advani, Founder and CEO of ALLO; David Tang, Director of ATT International; Sharlok, Co-Founding father of DepinMall; and Lee Kai Yang, CEO of DMZ. The dialogue centered on the appliance of Web3 expertise within the tokenization and administration of real-world belongings, analyzing the technical challenges of the DePIN community and its potential influence on conventional markets. Moreover, the panelists delved into the essential elements that may drive the broader adoption of Web3 expertise.

– The panel dialogue titled “Bridging CeFi and DeFi: Opportunities and Challenges in CeDeFi Integration” was moderated by Justin Wu, CMO of Anzen Finance. The panelists included Han Liu, CEO of BitFi; Calvin Ng, Normal Associate at Plutus.VC; Gary, Founding Associate of Eureka Group; and Veronica Buron, BD Lead – Client at Eclipse. The dialogue delved deeply into the alternatives and challenges of integrating CeFi and DeFi, exploring how CeDeFi combines conventional finance with decentralized innovation. Key issues by way of regulation, consumer expertise, and safety had been lined, offering a transparent route for the long run improvement of the monetary ecosystem.

– The panel dialogue titled “Unlocking the Potential of the TON Ecosystem” was led by Cyber Younger, Co-founder of Copilot Enterprise Studio. The panelists included Ricky Wong, Co-Founding father of Catizen; Yuki, HK Hub Lead of Ton Society; and Daniel, CEO of OpenAD Protocol. They explored the potential of the TON ecosystem, significantly within the context of liquidity administration, price discovery, and international regulatory shifts. The dialogue additionally emphasised the challenges of consumer acquisition throughout completely different areas and the importance of localization methods for the event of TON.

– The panel dialogue titled “Challenges and Strategies for Leading Crypto Exchanges” was moderated by Adel, Co-founder of Pika. Panelists included Tim, Funding Director at Gate Labs; Forest Bai, Founding father of Foresight Ventures; Jason Liu, VP of Itemizing at HashKey Group; and Robert MacDonald, Chief Authorized & Compliance Officer at Bybit. The dialogue delved into the methods employed by main crypto exchanges in managing liquidity, adapting to international regulatory modifications, and addressing safety challenges. Moreover, the panelists supplied insights into the essential position that exchanges will play in shaping the way forward for the cryptocurrency market.

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Fireplace Chat Evaluation:

  • The hearth chat titled “Charting the Course in the Age of Web3” was hosted by Feida Zhu, Professor at Singapore Administration College, with Siwei Shen, Senior Director of Engineering Blockchain Platform at Coinbase. They dived into Coinbase’s position within the Web3 ecosystem, exploring the challenges of scaling blockchain platforms and the revolutionary options driving the way forward for decentralized expertise.
  • The hearth chat “Web3 + Gaming = 1 Billion Crypto Users” was moderated by Gareth Jenkinson, Managing Editor at Cointelegraph, with visitor Yat Siu, Co-founder & Chairman of Animoca Manufacturers. Yat Siu supplied in-depth insights into the evolution of Web3 gaming and the present state of the market. He targeted on how improvements resembling recreation economies, decentralized possession, and NFTs can drive the adoption of 1 billion crypto customers, reshaping the gaming trade and consumer expertise.

September 17 Spotlight Evaluation

Launch Ceremony of Metis & ABGA Collaboration: GameFi Quantum Leap Accelerator Program in Partnership with Google Cloud:

At 10:50 a.m. on September 17, the Web3 gaming accelerator program, GameFi Quantum Leap, was formally launched at InnoBlock 2024. The initiative is the collaboration between Metis and ABGA, in partnership with Google Cloud. Metis CEO Tom, ABGA Government Chairman Kevin Shao, and Google Cloud Web3 Answer Architect Eefy Lin attended the launch ceremony, marking this vital milestone.

The GameFi Quantum Leap Accelerator Program, lasting 6 to 12 months, goals to incubate 12 startup initiatives, offering a full spectrum of providers, together with technical assist and market methods. This initiative is designed to help seasoned Web2 groups in getting into the blockchain and GameFi sectors by providing strategic steering, core sources, and a devoted fund of up to $10 million. This system seeks to foster innovation and drive long-term success within the Web3 house.

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Keynote Evaluation:

– Roma Nebo, Founding father of GhostDrive, in his presentation “Redefining Data Privacy with Decentralized Storage – GhostDrive,” launched how GhostDrive leverages decentralized storage on the Filecoin community to reinforce knowledge privateness and safety, whereas additionally boosting consumer engagement.

– Aleksander Larsen, Co-founder and COO of Sky Mavis/Ronin, in his speech “Why Ronin Network is the Ideal Place to Launch a Blockchain Game,” analyzed Ronin’s benefits in supporting blockchain recreation improvement, showcasing its scalable options for recreation design and builders.

– Nicolas, COO of InitVerse, in his presentation “Fat Protocols to Fat Apps,” mentioned the pattern of shifting from blockchain protocols to user-experience-centered purposes. He launched how InitVerse simplifies the event and deployment of DApps for Web3 enterprises, driving mainstream software adoption.

– Sebastien, Co-founder and COO of The Sandbox, in his presentation “How Brands & Creators Are Co-building the Open Metaverse,” shared how manufacturers are participating with customers in digital worlds, highlighting The Sandbox’s platform benefits and improvements in digital experiences.

– Alan Kin, VP of Infinitar, in his presentation “Infinitar: Creating a New MOBA GameFi Metaverse,” shared the present state of the Web3 gaming trade and introduced Infinity World’s imaginative and prescient of constructing an open gaming ecosystem that connects gamers and communities.

– Shriyank Khobragade, Head of BD at Gamp, in his speech “Unlocking the Potential of Web3 Gaming: Strategies for User Acquisition,” shared how Gamp attracts numerous Web2 gamers into the Web3 gaming house by an revolutionary platform, addressing the dearth of Esports infrastructure.

– Nancy Liu, CEO and Co-founder of Yeeha/GGI, in her speech “Yeeha!: Building the Epic Games of Web3,” explored how Yeeha is constructing an AI-driven cross-chain gaming ecosystem, serving to builders deal with technical and operational challenges whereas driving the adoption of Web3 gaming.

– Elena Sinelnikova, Co-founder of Metis, in her presentation “The Future of GameFi Quantum Leap,” launched Metis & ABGA Collaboration: GameFi Quantum Leap Accelerator Program in Partnership with Google Cloud, showcasing this system’s position in helping Web2 recreation builders in making a profitable transition to Web3.

Panel Evaluation:

  • The panel dialogue titled “Transformation of Gaming Guilds” was moderated by Louis, Core Group Member of BBS. Becoming a member of him as panelists had been Beryl, Co-Founding father of Yield Guild Video games; Brendino, Co-Founding father of Avocado DAO; Zane Nguyen, Core Contributor at Ancient8; and Equipment, Co-Founding father of Zentry. The dialog delved into the evolutionary pathways of blockchain gaming guilds, transitioning from their early Play-to-Earn (P2E) fashions to extra intricate enterprise methods. The visitors shared insights on the paramount significance of collaboration between guilds and recreation builders, in addition to their views on the long run trajectories of this sector throughout the Web3 gaming panorama.
  • The panel dialogue entitled “Advancing Public Blockchain Infrastructure: Technological Innovations and Strategic Directions” was moderated by Tracy, Co-Founder and CMO of Followin. Panelists included John, Head of Neo Eco Progress; Sarah S,  APAC BD Lead at BNB Chain; Kyle Lee,  Head of Company Improvement at Kaia; and Mingshi S., Head of DeFi at Soneium. The dialogue centered round technological developments and strategic orientations for public blockchain infrastructure, exploring the stability between Layer 1 and Layer 2 options, cross-chain interoperability, and their implications on the long run improvement of blockchain expertise.
  • The panel dialogue titled “From Bitcoin to Broader Crypto: How VCs are Driving Innovation and Growth in the Blockchain Space” was hosted by Josephine Nguyen, COO of K300. Taking part visitors included Jademont, Co-Founding father of Waterdrip Capital; Leo Deng, Associate at LK Enterprise; and Lily Zhang, Co-founder of D11-Labs. The dialogue delved into the funding potential throughout the Bitcoin ecosystem, with panelists sharing essential analysis standards in blockchain investments. Moreover, they explored how enterprise capitalists are fostering innovation and development in initiatives by strategic assist and investments throughout the blockchain house.
  • The panel dialogue titled “From Concept to Reality: Key Success Factors for Web3 Gaming Projects in a Competitive Landscape” was moderated by Anndy, Greatest-Promoting Guide Creator and Intergovernmental Blockchain Advisor. Taking part visitors included Arron Goolsbey, COO of Legendary Video games; Florence, COO of MataY; Ricky Wong, Co-Founding father of Catizen; JT, Advertising Lead at Seraph; and Alex S, Head of Eco Progress at GGI. The dialogue explored the pivotal success elements for Web3 gaming initiatives amidst a aggressive atmosphere, encompassing workforce power, revolutionary ideas, and financial fashions. Moreover, the panelists mentioned the pattern of TON mini-apps in gaming and their influence on consumer acquisition and retention.
  • The panel dialogue titled “Navigating Investment Strategies in Web3 Gaming” was led by JT, Associate at IVC. Taking part visitors included JACL, Head of Gaming Analysis at Delphi Digital; FD, Founder and GP at Gam3Girl Ventures; and Takashi Hayashida, Normal Associate at Taisu Ventures. The dialogue analyzed the tendencies and challenges of the Web3 gaming market from an investor’s perspective, exploring the importance of token economics, group dimension in funding decision-making, and the influence of future tendencies on funding methods.
  • The panel dialogue titled “Building and Scaling Gaming Ecosystems on Public Blockchains: Challenges, Innovations, and Future Directions” was moderated by Alex Cooper, North America CEO of Footprint Analytics. Taking part visitors included Dylan Kugle, Ecosystem Lead at Starknet Basis; Jason Lim, International Gaming Lead at Sei Basis; Shubham Bhandari, Head of Ecosystem at Manta; and Malcolm, BD Lead SEA at Immutable. The dialogue centered round methods for setting up and increasing gaming ecosystems on public blockchains. The panelists supplied essential recommendation and delved into the influence of blockchain technological developments on the long run improvement of Web3 gaming.
  • The panel dialogue titled “Future of Play: Breaking Down Barriers Between Web2 and Web3 Games” was moderated by Avin, Co-Founder and CEO of Disco.xyz, and featured panelists together with Tom, CEO of Metis; Eefy Lin, Web3 Answer Architect at Google Cloud; Dreamer, President of DeFi Kingdoms; and Ben Jones, Advertising Lead at Enviornment of Religion. The dialogue explored the seamless integration of Web2 and Web3 gaming parts, with the panelists sharing how collaboration and technological innovation are creating new alternatives within the gaming trade, providing useful insights into the potential of the long run gaming ecosystem.

Fireplace Chat Evaluation:

The hearth chat The Origins of Bitcoin: From the Genesis Block to Right now’s International Phenomenon featured Jack Kong, Founding father of Nano Labs, and Kevin Shao, Government Chairman of ABGA. These two Bitcoin pioneers mirrored on the extraordinary journey of Bitcoin, from its genesis block to changing into a worldwide monetary phenomenon. They delved into its key milestones, challenges, and the way Bitcoin is shaping the way forward for decentralized finance. This dialog not solely revisited the historical past of Bitcoin but in addition explored its ongoing influence on the worldwide monetary system.

Airdrop Demoday

Airdrop Demoday occurred on the seventeenth on the summit’s Open Stage, the place 19 taking part initiatives showcased their inventive demos and actively engaged with the viewers by airdrop actions. This considerably enhanced attendee engagement and total expertise. Demoday not solely supplied an environment friendly platform for challenge promotion but in addition facilitated exact connections between challenge groups and traders. As well as, three VC panel discussions had been interspersed all through the Airdrop Demoday, providing members direct entry to top-tier funding establishments.

Interplay Actions – Miss Universe Singapore InnoBlock Tour and Cosplay Exhibition

A notable spotlight of the summit was the viewers interplay actions, which showcased the revolutionary fusion of Web3 and modern tradition. The dazzling Miss Universe Singapore InnoBlock Tour supplied a visible feast that captivated the viewers, whereas the inventive costumes within the Cosplay exhibition attracted many attendees, making it a preferred spot for interplay and picture alternatives. These thoughtfully designed actions not solely enriched the general summit expertise but in addition demonstrated the potential for Web3’s revolutionary purposes inside trendsetting tradition.

With this, the two-day occasion got here to a profitable shut. Attendees engaged in profound and visionary discussions centered on Web3 technological innovation, future developments, and ecosystem constructing, sparking quite a few moments of inspiration for the trade. We lengthen our honest gratitude to all of the members, audio system, and companions for his or her large assist, which collectively made InnoBlock 2024 a forward-looking and extremely impactful platform for collaboration.

Particular thanks go to this summit’s Gold Sponsors: Gamp, Seraph, Privasea, GhostDrive, Promoting Time Token (ATT), and Infinitar; Silver Sponsors: Footprint Analytics, D’islands, InitVerse, XPIN Community, Alchemy Pay, SafePal, MetaY, Seed.Photograph, Pika, Allin Change, IXO Protocol, JoinCare, AEON, Mumubit, IBIT, Nesa, Moomoo Monetary Singapore, XenoBunny, Halfwish, Alien, Beosin, PING, and Mbit Pockets; AI Exhibition Zone Sponsors: DeepBrain Chain, DeepLink, DecentralGPT, DRCPad, DBC Capital, and DeepAITalk; Strategic Associate: MetaEra; Ecosystem Associate: Web3Labs; Main Media Associate: Dethings; Cloud Associate: Google Cloud; AI Guiding Organizations: LingoAI and Web3 Alliance (W3A); Supporting Companions: Polaris Advertising, Eurasia Blockchain, TONSquare, DuckChain, Crydit, Digitalabs, and Synthetic Intelligence Worldwide Institute (AIII); in addition to all of the media and group companions.

Trying forward, ABGA and BBS are optimistic that the achievements of this summit will proceed to propel the Web3 sector ahead, fostering collaboration between international innovators and trade leaders to drive vital progress. We eagerly anticipate the chance to collect once more on the subsequent summit and additional advance the way forward for Web3 innovation collectively.

About ABGA

ABGA is a groundbreaking membership centered round Web3 gaming, backed by famend establishments throughout the Web3 trade. By harnessing the collective power of the Asian gaming trade, we aspire to forge a promising future for the worldwide Web3 gaming sector.

Web site: https://www.abga.asia/

X (Twitter): https://x.com/ABGAasia

About BBS

BBS.NYC is a blockchain convention group primarily based in New York, specializing in crypto and cutting-edge expertise. We’re devoted to offering entrepreneurs, traders, builders, policymakers, media, and trade fanatics with an inclusive platform for sharing concepts, lowering data gaps, exploring potential alternatives, and accelerating international technological developments.

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