Litecoin Foundation Reveals Additional Details of First Annual Summit

As a growing number of cryptocurrency and blockchain innovations filter into the U.S., the Litecoin Foundation has announced its first annual summit, taking place Sept. 14-15 at the South San Francisco Conference Center.

Litecoin Heads to San Francisco

The concept of cryptocurrency is a growing field of interest, which Litecoin (LTC) aims to take advantage of in an effort to educate and influence “mass adoption,” according to founder Charlie Lee. The event will feature actual demonstrations with businesses looking to segue into cryptocurrency purchasing tactics as part of their infrastructure via the foundation’s #PayWithLitecoin campaign.

Related: Charlie Lee Announces Schedule & Speaker List for Litecoin Summit

Prior to implementing cryptocurrency, attendees will have an opportunity to experience a virtual on-site store that will provide an example of how crypto-purchasing works. Moreover, speakers will discuss cryptocurrency regulation, the future of all currency and the Lightning Network—a near-instant and scalable form of blockchain payment that bypasses typical blockchain confirmation times.

Additional topics that will be highlighted during the event include sidechains, smart contracts and RootStock; the importance of non-custodial wallets; cryptocurrencies from a venture capitalist’s perspective; and a plethora of tips.

Most cryptocurrency organizations have developed a home base in Asia, with Litecoin registered in Singapore. With assistance from full-time employees and volunteers, Lee plans to increase state-of-the-art technologies in currency as a social good, rather than only investment vehicles for big businesses.

In a press release, Lee said:

“We are very excited to be bringing this amazing lineup and community under one roof. There has been a lot going on in the blockchain and cryptocurrency ecosystem in the past year, and there is no better group of people to explore current and future happenings. We’re also excited to be able to bring the Litecoin community together.”

The two-day summit will also provide a variety of networking events, including mixers for VIP guests. A 50 percent VIP ticket discount is being offered for a limited time with the promo code LTCSF18. Registration can be done at the summit’s official website.

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