• Tether and the City of Lugano have launched the Plan Business Hub to celebrate the first anniversary of The Plan Initiative.
• The Hub will house more than 300 experts and enthusiasts, serve as a global point of reference in Lugano, and host recreational spaces for meetups and workshops.
• The goal is to make Lugano a center of excellence for blockchain technologies and foster education and development.
Tether & City of Lugano Launch Plan Business Hub
Tether Operations Limited (Tether) has joined forces with the City of Lugano to launch the Plan Business Hub to celebrate the first anniversary of The Plan Initiative. Launched on March 03, 2022, The Plan’s main objective was to scale Lugano’s blockchain capabilities by allowing businesses and shops within the city to accept crypto such as Bitcoin (BTC), Tether (USDT), and lugan-based LVGA token as payment for goods and services.
Features Of The Plan Business Hub
The newly launched hub is designed to explore potential adoption of blockchain technology in businesses and long-term use of cryptocurrencies in Europe. It will host over 300 experts from various disciplines related to blockchain technology, be a point of reference in Lugano, provide recreational spaces for meetups & workshops that foster education & development, attract talent, encourage networking & knowledge sharing.
Objective Of The Initiative
The Mayor of Lugano, Michele Foletti commented on this initiative saying “the goal is to make Lugano a center of excellence for blockchain technologies”. With growing interest in crypto adoption across 150 businesses within the city since its launch last year it has made its place amongst other cities known for their technological advancements.
Impact On Blockchain Adoption
The success achieved by The Plan Initiative so far is attributed mainly due to its real-world use case which shows what potential blockchain technology holds when adopted across different industries worldwide. This also serves as an example that can be followed by other cities looking forward towards mainstream adoption & regulation when it comes to digital assets such as cryptocurrencies.
Conclusion
Launching such initiatives show how far blockchain technology has come since its inception & how much potential it holds if adopted widely across all sectors worldwide paving way towards digitalization & mainstream adoption leading us into a new era powered by decentralized technologies & digital assets like cryptocurrencies making transactions faster than ever before whilst ensuring maximum security at all times!