Auto-Filling SEO Website as a Gift

Launch Your AI-Powered Business and get clients!

No advertising investment needed—just results. AI finds, negotiates, and closes deals automatically

April 21, 2025, 6:46 p.m.
108

Paris Blockchain Week 2025 Highlights Fastex's Innovative PoSA Consensus and Bahamut Blockchain

Paris Blockchain Week 2025 convened the industry’s top experts for key announcements, engaging discussions, and high-level networking from April 8-10 at the Carrousel du Louvre, attracting around 9, 600 participants from 95 countries to explore Web3 innovations. A notable highlight was Fastex and Bahamut, an EVM-based layer-1 public blockchain, which introduced a unique consensus called proof-of-stake-and-activity (PoSA). Pavel Aramyan, Fastex’s Web3 program lead, presented Bahamut’s approach that enhances traditional proof-of-stake by weighting validator rewards based on on-chain smart contract usage. Validators deploy smart contracts tied to their nodes, accumulating “activity” that raises their chance to propose blocks and earn higher rewards. Complementing the main event, the Paris Blockchain Week Hackathon (April 5-6), organized by BizThon with Solana Foundation and XRPL Commons at VO2 Offices, featured three tracks including the Bahamut challenge. Eleven teams competed to integrate PoSA into decentralized applications (DApps), competing for a €10, 000 prize pool. Winners included: - 1st (€5, 000): Looser Bracket – “Gaming Meets Liquidity” - 2nd (€3, 000): Rod For Bahamut – “Boost Smart Contract Earnings with PoSA” - 3rd (€2, 000): Monolith – “Memes Coin Launchpad” - Special Recognition: Pixamut – “AI Pixel Wars on Bahamut Chain, ” earning priority for Bahamut Foundation Grants On April 7, Fastex hosted the “Future Confidence Conference” near Notre Dame, unveiling a roadmap featuring PercentMe, a DeFi lending protocol on Bahamut, and consumer products like YoWallet, YoHealth, YoPhone, YoSIM, and YoBlog. Meri Mirijanyan, head of payments at Fastex, highlighted the merging of traditional finance and crypto, noting 70% of Fortune 500 companies’ growing crypto interest.

She stressed the Fastex Card’s global usability via Mastercard, designed to simplify and secure everyday payments. On April 9, Fastex’s chief legal officer Vardan Khachatryan spoke on “The Influence of Digital Assets in the Global Economy” panel. He emphasized that clear stablecoin regulations are critical for mainstream institutional adoption of tokenized money. Together with industry leaders from Animoca Capital, Flipster, Freedx, and Paybis, he highlighted the need for regulatory clarity to advance broader digital asset integration. The week concluded with a vibrant party at La Machine du Moulin Rouge, gathering over 2, 000 attendees including developers, founders, investors, and policymakers. Sponsored by Fastex, the event transformed PBW’s energy from formal sessions to celebration, featuring house and downtempo music into the early morning, alongside lounges for networking and deal-making. This informal setting fostered collaboration and inspired attendees with fresh connections and momentum. To learn more about Fastex, PoSA, and the Bahamut blockchain, visit their official channels. Disclaimer: Cointelegraph does not endorse the content or products mentioned. Readers should conduct their own research before making decisions, as this article is for informational purposes and not investment advice.



Brief news summary

Paris Blockchain Week 2025, held at the Carrousel du Louvre with about 9,600 participants from 95 countries, showcased the latest advancements in Web3 technology. A major highlight was Fastex’s Bahamut blockchain, a layer-1 EVM-based platform featuring the novel proof-of-stake-and-activity (PoSA) consensus mechanism introduced by Pavel Aramyan. PoSA uniquely incentivizes validators by combining traditional staking with active engagement through smart contracts, boosting network participation and block production. During the event’s hackathon, 11 teams developed decentralized applications integrated with PoSA on Bahamut, with winners presenting innovative solutions such as gaming liquidity tools, smart contract revenue models, and meme coin launchpads. Fastex also hosted the Future Confidence Conference, unveiling new projects including the DeFi lending protocol PercentMe, the YoWallet, and the Fastex Card, aimed at simplifying cryptocurrency payments. Regulatory discussions emphasized the urgent need for clear stablecoin frameworks to enable broader adoption. The week ended with a vibrant networking event at La Machine du Moulin Rouge. Overall, Paris Blockchain Week 2025 highlighted Fastex and Bahamut’s pivotal role in advancing blockchain innovation and fostering global cooperation.
Business on autopilot

AI-powered Lead Generation in Social Media
and Search Engines

Let AI take control and automatically generate leads for you!

I'm your Content Manager, ready to handle your first test assignment

Language

Learn how AI can help your business.
Let’s talk!

Hot news

July 8, 2025, 2:23 p.m.

Apple's AI Executive Joins Meta's Superintelligen…

Ruoming Pang, a senior executive at Apple who heads the company’s artificial intelligence foundation models team, is departing the tech giant to join Meta Platforms, according to Bloomberg News reports.

July 8, 2025, 2:13 p.m.

Ripple Applies for U.S. Banking License Amidst Cr…

Ripple has recently submitted an application for a Federal Reserve master account through its newly acquired trust company, Standard Custody.

July 8, 2025, 10:44 a.m.

AI in Autonomous Vehicles: Overcoming Safety Chal…

Engineers and developers are intensively working to resolve safety issues related to AI-driven autonomous vehicles, especially in response to recent incidents that have sparked widespread debate on the reliability and security of this evolving technology.

July 8, 2025, 10:16 a.m.

SAP Integrates Blockchain for ESG Reporting in ER…

SAP, a global leader in enterprise software, has announced a crucial enhancement to its enterprise resource planning (ERP) systems by integrating blockchain-based Environmental, Social, and Governance (ESG) reporting tools.

July 8, 2025, 6:16 a.m.

Middle Managers Diminish as AI Adoption Increases

As artificial intelligence (AI) rapidly advances, its influence on organizational structures—especially middle management—is becoming increasingly clear.

July 8, 2025, 6:14 a.m.

The Blockchain Group Bolsters Bitcoin Reserves Wi…

The Blockchain Group Strengthens Bitcoin Holdings Through $12

July 7, 2025, 2:18 p.m.

Kinexys Launches Carbon Market Blockchain Tokeniz…

Kinexys by J.P. Morgan, the firm’s leading blockchain business unit, is developing an innovative blockchain application on Kinexys Digital Assets, its multi-asset tokenization platform, aimed at tokenizing global carbon credits at the registry level.

All news