Reimagining trust in Web3: Proof of Talk Summit unites industry titans in the Louvre Palace

cointelegraph.com:

Web3, the latest iteration of the internet that leverages the power of decentralization, is very much about building trustless ecosystems that naturally present credible services to its communities. Trust is a fundamental pillar of Web3. Communities should feel safe when it comes to their data and transactions, especially as the responsibility is transferred from centralized entities to decentralized networks ruled by code alone.

However, it’s still early to trust code. Last year, Web3 projects suffered 167 major hacking attacks, losing a total of about $3.6 billion, up 47.4% compared to 2021, according to blockchain security firm Beosin. Cross-chain bridges and decentralized finance (DeFi) protocols have been the most affected projects falling under the Web3 umbrella. Separately, cybersecurity firm Naoris Protocol stated in a report that the number of Web3 and DeFi hacks increased at the beginning of 2023.

Blockchain and Web3 give users full control over their data and digital assets, promoting a more inclusive and equitable economy, but the risks of hacking attacks, data breaches and price manipulations should be addressed immediately.

To bring trust back to the community-driven internet, industry leaders are meeting in mid-June at a unique event in Paris, France.

Known as Proof of Talk, the event is scheduled for June 14 and 15 in Louvre Palace. It will be Europe’s biggest Web3 event, redefining the standard for blockchain and Web3 conferences.

Louvre Palace, Paris. Source: Proof of Talk

More than 100 industry leaders have already confirmed their presence to speak at the two-day event and share their insights, debate and contribute to building trust in Web3. With experts such as Charles Hoskinson, Pascal Gauthier, Stani