Blockchain services provider STORM Partners made a major announcement during the Web3Fest, along with Cardano (ADA), MultiversX, and other major projects in the crypto space. During the event in Switzerland’s “Crypto Valley,” the company unveiled “Lightningbox,” a new Web3 Sandbox, and relocated its headquarters from Montreux to Geneva. The initiative aims to enable large enterprises in Europe to harness the potential of blockchain technology and lead their digital transformation efforts. STORM Partners Joins Cardano (ADA) To Accelerate Blockchain Adoption The Lightningbox initiative seeks to facilitate the widespread adoption of blockchain by establishing a trusted environment equipped with institutional-grade tools. This initiative empowers large organizations to leverage Web3 tools and build new solutions. Initially, Lightningbox will focus on three pillars intrinsic to the Geneva landscape: Impact, Consumer, and Finance, with Life Sciences to follow shortly. The selection of these focus areas stems from substantial demand from local traditional players seeking deeper involvement in the digital economy. Related Reading: Bitwise Forecasts $20 Trillion Boost To Global GDP From Crypto And AI By 2030 STORM Partners has also partnered wi ..
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