Crypto On LYO: The Blend — LYOTRADE 10trade Challenge, Turkey to Launch Blockchain-based Digital Identity Application

What happened in the crypto world in the last week? Let’s see some interesting news together!

LYOTRADE 10trade Challenge

LYOTRADE users can start the year right by joining the 10trade Challenge. Here’s how to join: create a LYOTRADE account and perform different types of transactions using the LYOTRADE platform until February 28, 2023.

Here are the activities that you need to do to get rewards:

Wallet top-up with USDT
Spot Trading
Leverage Trading
Futures Trading
Regular Log-in

To know more about the guidelines about the 10trade Challenge, click here.

Final Fantasy Creator to Focus More on Blockchain Activities

Square Enix, the creator behind Final fantasy, is setting their eyes on blockchain game development. In a letter titled “A New Year’s Letter from the President,” Square Enix president Yosuke Matsuda emphasized that blockchain gaming is the center of the company’s investing strategy in the coming years.

Matsuda also gave an explanation about the crypto market’s roller coaster ride in 2021 and 2022, saying that new technologies often cause confusion but will eventually be accepted as a part of everyone’s day-to-day life. He also added that these emerging technologies will be catalysts of new businesses in the future.

Turkey to Launch Blockchain-based Digital Identity Application

Turkey is chalking out a strategy to utilize blockchain technology to verify the identity of Turkish citizens upon logging in for online public services. E-Devlet is the country’s digital government portal where citizens can access multiple public services.

According to Turkish Vice President Fuat Oktay, blockchain-based technology will be used by Turkish citizens to access e-wallet applications. In addition, users can store their digital information on their mobile phones.

Oktay claimed that making online services more secure and accessible with blockchain is a revolution for e-government efforts.