Tezos to Participate in Token2049 in Dubai on April 30th

Tezos will be featured at the upcoming Token2049 conference in Dubai on April 30th, where it will discuss its role in enabling access to new markets and driving blockchain innovation. The keynote address, titled “Uranium On-Chain”, will delve into how Tezos is contributing to advancements in the blockchain industry. Refer to the official tweet by XTZ: 🎤 , co-founder of Tezos, is speaking at !🗓️: April 30⏰: 10:30 AM - 10:45 AM📍io.​net Amphitheatre StageJoin the session to hear Arthur discuss how Tezos is enabling access to new markets and driving blockchain innovation in his keynote: Uranium On-Chain:… XTZ InfoTezos is a distinctive blockchain platform architected to facilitate and govern decentralized applications (dApps) and smart contracts. Its foundation is built on a decentralized governance system that enables blockchain modifications through a community-led decision-making process.Operating on a unique iteration of Proof of Stake (PoS) mechanism known as Liquid Proof of Stake (LPoS), Tezos allows participants owning more than 6,000 Tez (XTZ) to become delegates, or “bakers”. These bakers are responsible for creating, signing, and publishing new blocks on the Tezos blockchain, and endorsing blocks produced by other bakers. Furthermore, the network utilizes the Michelson programming language for the creation of smart contracts, which engage with the network’s cryptocurrency, Tez, for transaction execution and gas payment.The native token of Tezos, XTZ, or Tez, plays a multifaceted role within the ecosystem. It serves as a reward for participation in the creation and endorsement of new blocks, either directly or through delegation. It functions as a voting mechanism within the decentralized governance system. Additionally, it is a means of value transfer and is used to pay for gas, the unit of computational effort in Tezos, necessary for executing transactions and interacting with smart contracts.