Stellar to Participate in AidEx Events in Geneva on October 23rd
2024-09-26


Stellar is set to participate in the AidEx Events conference in Geneva from October 23 to October 24. The focus of the discussion will be on the future of humanitarian payments and the potential role of Blockchain in bridging existing gaps.
 Refer to the official tweet by XLM: 
Catch us at @AidExGlobal on Oct 23-24 in Geneva! 🇨🇭
- We'll be discussing the future of humanitarian payments, bridging the gap with Blockchain, and more! 
Also, make sure to check out our booth! â˜ºï¸ pic.twitter.com/j3EkcPAcTO
XLM Info
Stellar is a decentralized, open-source blockchain platform for conducting financial operations. It was founded in 2014 by Jed McCaleb, one of the co-founders of Ripple. Stellar utilizes its own consensus protocol called the Stellar Consensus Protocol (SCP), which enables faster and more reliable transaction processing compared to most traditional systems.
The main goal of Stellar is to create an international platform for digital payments that brings together individuals, banks, and payment systems. A crucial aspect of Stellar's functioning is the support for the creation and exchange of “anchor” issuers who process deposits, facilitate asset issuance, and meet the requirements for developers to build products and services using these assets, with a focus on enhancing the end-user experience.
Stellar has its own cryptocurrency called Lumen XLMUSD, which is used within the system to pay transaction fees and prevent spam.