Phala Network partners with Octaloop for Metamorphosis 2022

Phala Network partners with Octaloop for Metamorphosis 2022

Phala Network announces its partnership with Octaloop for the Unblock hackathon at Metamorphosis 2022, a two day crypto event in Bengaluru! Octaloop has mobilized the vast developer community of India through its yearlong outreach tours, and has hosted 5000+ developers at their events so far. With this partnership, Phala will tap into this massive talent pool to synergise the visions and strategies of both the entities. 

Phala, part of the Polkadot ecosystem, is building the next era of how people interact digitally on the backend. Today, computing takes place over servers that are centrally held by entities like Amazon, subjecting us to data risks, surveillance capitalism and censorship. It’s about time the world interacts with a nobler and an equitable system. Phala Network has brought this fantasy at our doorsteps with its pilot, Khala, that already has 20,000 nodes registered, providing a secure computing system for the web3 world.

Through its Unblock hackathon, Octaloop strives to preserve and promote these founding principles of web 3.0 in the Indian community, making Phala a natural fit as chief sponsors for Unblock 2022. Phala’s involvement will stir fresh ideas in the enterprising developer community of India, and incentivise the use and improvement of its P2P computing vision.

The Unblock hackathon is scheduled to start on 10th November and conclude on the 17th November, just before the two day Metamorphosis kicks off. The registrations for Unblock is live at https://unblock.devfolio.co/. 

We are as excited as any of you for ‘Metamorphosis 2022’ at Bengaluru, the technology capital of India. Besides the Unblock hackathon, MM’22 is geared to host some of the biggest names in the industry with a 1000+ strong attendance expected at the event. Know more about it at https://www.metamorphosis.octaloop.com

About Octaloop

Octaloop is a blockchain consulting and marketing firm founded by Anupam Varshney, a long-time cryptocurrency enthusiast and thought leader in the Indian blockchain space. Besides working with some of the biggest brands in the Web3 arena, Octaloop also hosts physical and online events catering primarily to cryptocurrency enthusiasts, professionals, and businesses.

The team is also building Binamite, a solution that brings frictionless crypto payments to businesses and contractors. Binamite gives businesses the flexibility to pay using their preferred payment method while letting contractors choose how much of their pay they’d like to split between fiat and cryptocurrencies. To learn more, check out Binamite.com.

About Phala Network

Composed of a core team from companies like Google and Tencent, Phala’s co-founders Marvin Tong and Hang Yin, spearheaded the development of Bitcoin Gold’s Equihash mining algorithm. Besides offering Web3 cloud services, the project also provides clients with cutting-edge Web3 analytics tools to analyze data and outputs without violating anyone’s privacy.

Further, Phala offers seamless blockchain interoperability, even allowing contracts on different networks to call each other before any computation has been executed – a feature that many other interoperable protocols struggle with. For more information on Phala and how you can get involved, check out Phala.network.

Disclaimer: Blockmanity is a news portal and does not provide any financial advice. Blockmanity's role is to inform the cryptocurrency and blockchain community about what's going on in this space. Please do your own due diligence before making any investment. Blockmanity won't be responsible for any loss of funds.

Get the latest news on Blockchain only on Blockmanity.com. Subscribe to us on Google news and do follow us on Twitter @Blockmanity

Did you like the news you just read? Please leave a feedback to help us serve you better