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Reading: Governments Transitioning Blockchain from Experiment to Essential Infrastructure at TOKEN2049 in Singapore
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Blockchain

Governments Transitioning Blockchain from Experiment to Essential Infrastructure at TOKEN2049 in Singapore

News Desk
Last updated: September 23, 2025 1:46 pm
News Desk
Published: September 23, 2025
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A significant transformation is underway in the world of blockchain technology, moving from experimental phases to becoming vital infrastructure for governments and institutions. This change will be highlighted during the forthcoming Blockchain for Nations and Institutions event, a dedicated full-day gathering that forms part of the TOKEN2049 week in Singapore, hosted by RYT, a Layer 1 blockchain designed specifically for real-world applications.

Scheduled for September 30, this exclusive invitation-only event aims to showcase the implementation of blockchain by various governments and the substantial impacts it has on national infrastructures. Participants will have the opportunity to interact directly with senior officials from several countries, alongside influential leaders from traditional finance (TradFi) who are actively adopting blockchain solutions.

Through comprehensive panel discussions and tailored networking opportunities, attendees will delve into the practical aspects of developing next-generation systems focused on digital identity, stablecoins, and compliance-ready payments. Jeff Mahony, Co-founder and Chief Architect of RYT, noted, “Blockchain is entering a new era, evolving from pilot projects to critical infrastructure for governments and institutions. RYT was designed from the ground up to meet these standards, with security, compliance, and scalability at its core. At TOKEN2049, we’re convening leaders to discuss how blockchain is being built into national systems for identity, payments, and financial services.”

The urgency surrounding this transition is evident. Currently, over 130 countries, representing 98% of the world’s GDP, are exploring digital currencies. Nations like Estonia are already implementing established e-governance systems, while Singapore is advancing with Project Guardian focusing on tokenized assets, further propelling the shift toward blockchain infrastructure.

The event will feature two key sessions:

Session 1 (1:00 – 2:00 PM): An institutional panel moderated by Mike Slatkin, CMO of RYT, will include speakers such as Jeff Mahony, Anurag Arjun, Co-Founder of Polygon Technologies, and Bryn Bennett, Partner in Cybersecurity & Compliance at Hacken.

Session 2 (3:00 – 4:00 PM): A government panel, also moderated by Mike Slatkin, will feature speakers like Steve Durbin, Co-Founder of RYT, Burcu Mavis, Blockchain Accelerator Lead at the United Nations Development Programme, and Maj. General (R) Fida Hussain Malik, Special Advisor at the International Parliamentarians’ Congress. Special attendance will include Mr. Mujtaba Ahmad Lodhi, Commissioner of the Securities & Exchange Commission of Pakistan (SECP), part of the Ministry of Finance.

The event is set to take place in Clarke Quay, conveniently located a short MRT ride from MBS Bayfront, though space is limited, and interested parties must request invitations to attend. Media personnel with confirmed access can collect passes and interview slots on-site.

RYT is showcased as an innovative Layer 1 solution designed for real-world applications, utilizing a unique Proof-of-Majority consensus mechanism. This design allows for gas-fee transactions and high-throughput subnets, reinforcing RYT’s commitment to working closely with governments on projects centered around national-scale identity and stablecoin initiatives, thereby enabling institutional adoption and showcasing the scalability and accessibility of blockchain technology to potentially billions of users.

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