- Polkadot Partners With São Paulo’s SP Negócios To Drive Blockchain Innovation And Attract Global Business Investments.
- Free Online Blockchain Programming Courses Aimed At Enhancing São Paulo’s Technological Capabilities And Economic Growth.
Polkadot has formed a strategic partnership with São Paulo’s investment agency, SP Negócios, aiming to boost the city’s business environment by incorporating blockchain into its core economic activities.
This partnership plans to offer free online blockchain programming courses exclusively to São Paulo-based companies, enhancing local capabilities in this advanced technology sector. The initiative aligns with broader efforts to foster economic growth through cryptocurrency economies, marking a significant step towards integrating cutting-edge technology into traditional business practices.
“The partnership between Polkadot and SP Negócios will contribute to the training of Blockchain programmers and is open to bringing the technology to companies in São Paulo, whether they are startups, small and medium-sized companies or large corporations looking to invest or adopt the technology,” according to Gustavo J. Massena, Polkadot’s decentralized business developer.
Polkadot and SP Negócios are committed to transforming São Paulo into a leading city for blockchain innovation. They anticipate that these efforts will not only attract new businesses and investments but also promote exports and public sector involvement in the blockchain space.
This collaboration is expected to open up new opportunities for startups, SMEs, and large corporations in São Paulo, providing them with the tools needed to innovate and expand globally.
Additionally, Polkadot is extending its influence by supporting projects that tokenize real-world assets (RWAs), such as Energy Web, which focuses on tokenizing green and renewable energy assets. These projects aim to accelerate the energy transition by implementing Web 3.0 technologies and integrating distributed energy resources into the grid.
“Projects can apply to be whitelisted for rewards via a referendum for all token holders – this acts as a first “filter” to determine whether a project is deemed to provide value to the Polkadot ecosystem.”
The partnership reflects a significant commitment to fostering entrepreneurial spirit and technological advancement in São Paulo, potentially setting a benchmark for other cities globally.
Polkadot’s continued efforts to support community-nominated projects through mechanisms like “Optimistic Project Funding” further underline its dedication to enhancing the blockchain ecosystem, promising a vibrant future for São Paulo’s economic sector.
Polkadot (DOT) is currently trading at $4.13, with a slight daily increase of 0.39%. Over the past week, it has declined by 1.55%, while showing a modest 0.05% gain over the past month, suggesting limited movement in either direction.
The trading volume in the past 24 hours is approximately $223.67 million, indicating moderate activity. DOT faces resistance around $4.50 and has immediate support at $4.00.
Technical indicators suggest a neutral outlook, with potential consolidation in the near term. For an upward trend, DOT would need to break above $4.50 decisively, while a fall below $4.00 could lead to further downside.
