Uganda Set to Host ‘Web 3.0 Security and Digital Asset Custody’ Summit Amid Rising Fraud Incidents
The primary objective of this conference is to provide a dedicated platform for stakeholders to engage in discussions pertaining to the myriad challenges, best practices, and cutting-edge solutions within the domain of Web 3.0 security.
By Anna B Kiwanuka
In an effort to address the growing concerns surrounding the security of Web 3.0 technologies and the protection of digital assets, Uganda is gearing up to host the highly anticipated ‘Web 3.0 Security & Digital Asset Custody” Ignite conference. This event is scheduled for September 27, 2023, at The Innovation Village in Ntinda, Kampala at 4 pm, and is poised to bring together a diverse array of experts, professionals, researchers, and enthusiasts hailing from various fields such as cybersecurity, blockchain, finance, cryptography, and law.
The primary objective of this conference is to provide a dedicated platform for stakeholders to engage in discussions pertaining to the myriad challenges, best practices, and cutting-edge solutions within the domain of Web 3.0 security and the custody of digital assets.
Against the backdrop of recent high-profile attacks, hacks, and exploits targeting prominent DeFi protocols, along with instances of social engineering deception and cryptocurrency fraud, the organizers have underscored the timeliness and importance of addressing this critical issue. They stated, “Given the recent spate of events, we believe it’s the opportune moment to shine a spotlight on this vital subject, which holds significant implications for the future of digital assets, finance, and Web 3.0 as a whole.”
The conference agenda will encompass a wide spectrum of topics, including:
1. Web 3.0 Security Challenges: Identifying vulnerabilities and threats unique to Web 3.0 technologies, blockchain networks, smart contracts, and DApps.
2. Decentralized Identity and Privacy: Exploring strategies to ensure user privacy and robust identity management in decentralized ecosystems.
3. Smart Contract Security: Evaluating techniques for auditing and securing smart contracts to avert potential exploits and hacks.
4. Digital Asset Custody Solutions: Examining various approaches to safeguarding and administering digital assets, including custodial services and self-custody options.
5. Cybersecurity Best Practices: Sharing effective security measures tailored for individuals, enterprises, and cryptocurrency exchanges.
6. Legal and Regulatory Considerations: Addressing the evolving legal framework encompassing digital assets, custody providers, and user safeguarding.
7. Institutional Adoption of Web 3.0: Scrutinizing the challenges and prospects for institutional investors within the decentralized finance (DeFi) landscape.
8. A Deeper Dive into Blockchain Architectures: Understanding how different blockchain designs enforce security from the protocol level onwards.
The conference organizers aim to foster knowledge sharing, collaboration, and networking among attendees to collectively bolster the security and trust in Web 3.0 technologies and the management of digital assets. Furthermore, they aspire to catalyze the development of innovative solutions that ensure the enduring viability and prosperity of the decentralized web and its foundational financial infrastructure.
This inclusive event welcomes both technical and non-technical participants, extending its reach to encompass students, policymakers, and politicians alike.