DeFi Summit Takeover in Dubai

5 min readOct 11, 2021

Summary:

We’re currently in Dubai for the Global DeFi Investment Summit (11–12 October) as a Lead Sponsor— 3 more summits to go!
As well as making a keynote speech, our co-founder Josipa participated in a Building DeFi Ecosystem panel
Latest Revuto app update — Our developers added Multi-Factor Authentication (MFA); the feature will be available in the upcoming wallet for additional account security.
If you happen to be in Dubai, please come and say hello ;)

As many of you know, we’re currently in the United Arab Emirates for the Global DeFi Investment Summit. And not just because Revuto is a Lead Sponsor of the event — our co-founder Josipa is also delivering a keynote speech on the main stage.

Crypto Summits Galore

The Global DeFi Investment Summit is focused on ‘understanding how decentralized finance is changing the world,’ and to this end, Josipa convincingly set out the case for Revuto, a crypto-powered solution with genuine real-world utility.

For many attendees, this will be their first exposure to Revuto. But the concept is so easy to grasp — and Josipa’s presentation skills are so polished — that we know they’ll walk away with a positive impression ;)

Revuto enables users to take back control of their subscriptions, with the ability to Block, Snooze and Approve recurring payments leaving their bank accounts. Forgot that your free trial of Apple Music ended? No problem, Block the payment, and away you go. Busy studying for an exam and no time for Netflix this month? Cool, hit Snooze and put that money to better use elsewhere.

As well as making a keynote speech (you can watch an excerpt on our Instagram), Josipa participated in a Building DeFi Ecosystem panel and discussed the current status of decentralized finance with other industry experts. DeFi is really motoring at the moment, with innovative dApps springing up on various different networks — Cardano, Binance Smart Chain (BSC), Polygon and Polkadot to name just a few. The total value locked (TVL) in DeFi protocols, meanwhile, exceeds $137 billion.

If you happen to be in Dubai, please come and say hello while we’re in town. We don’t jet out after the Summit ends tomorrow, incidentally: we’re sticking around for the World Blockchain Summit which kicks off on Wednesday (October 13) at the JW Marriott Marquis Hotel. One of the major events in the crypto calendar, the WBS attracts a Who’s Who of industry figures and media partners. The 19th edition promises to be the biggest event yet — not least because it’s the first one since the onset of the pandemic.

Once again, Josipa will be taking to the stage, this time to discuss ‘How Revuto disrupted the growing subscription economy by using a FinTech and crypto solution, powered by the biggest Cardano community globally.’ Our Jos will also be talking about our recently-launched R Fund, a $2 million fund geared towards bootstrapping startups at a pre-ICO stage. We’re sure Josipa will hear a few eager pitches over the course of the two-day event!

Revuto App Gets Multi-Factor Authentication (MFA)

In the latest Revuto app update, our developers added Multi-Factor Authentication (MFA) via Google Authenticator; the feature will be available in the upcoming wallet for additional account security.

Initially, users will receive a secret phrase that can be used to connect the Revuto wallet with Google Authenticator; later, Google Authenticator will be required to authenticate every transaction. For us, introducing MFA was a no-brainer: security will always be a priority for Revuto.

Remember, the Revuto app is available for both iOS and Android.

Speaking of updates, the eagle-eyed among you might have noticed that we’ve tweaked our whitepaper. This small change does not significantly affect our plans — and all the other benefits we’ve developed for our Revutonians remain active. Ultimately, though, we had to avoid the outcome whereby we might be classed as a security token — an event that would surely lead to legal difficulties down the road. Also, one of the requests from the exchanges was a legal opinion, which we couldn’t get if we didn’t remove that part from our whitepaper. By discarding the buyback option, we’ve future-proofed Revuto for the good of our users.

Needless to say, we want to keep you in the loop. But if you have any further questions, don’t hesitate to get in touch!