Cypherium Participates in Inaugural Blockchain for Impact Global Summit

BLOCKCHAIN WORLD CONFERENCE / ATLANTIC CITY, NJ, July 16, 2018 (GLOBE NEWSWIRE) -- Cypherium (https://www.cypherium.io/), the fastest decentralized blockchain and first to solve governance disputes using proof-of-work, presented Amir Dossal with the inaugural ?Blockchain Humanitarian' award at the Blockchain World Conference in Atlantic City, New Jersey. The award was created to honor leaders who are overseeing the application of blockchain technology to solve real-world challenges. Cypherium's CEO Sky Guo presented the honor to Amir Dossal on Thursday, July 12 during the Blockchain World Conference's Awards Gala.

Amir Dossal is a 25-year veteran of the United Nations, who served as Executive Director of the UN  Office for Partnerships until September 2010. He is the Founder and President of the Global Partnerships Forum, a not-for-profit knowledge platform to provide changemakers with tools to build innovative partnerships to address economic and social challenges. Amir is also the co-founder of the Blockchain Commission for Sustainable Development, serving as its Executive Vice Chair.

"Blockchain technology has the potential to be the ?great equalizer' as we strive for social equality internationally, and we're just starting to scratch the surface," said Amir Dossal. "We are grateful for projects like Cypherium that are accelerating this technology's capacity to be applied towards humanitarian and sustainability efforts."

Last month, Cypherium joined the United Nations' Blockchain Commission for Sustainable Development in its first Blockchain for Impact Summit at the United Nations in New York City. The Cypherium team is supporting The Commission in outlining a strategy to help global leaders apply blockchain technology towards challenges surrounding sustainable development.

"We're pleased to support the UN in its efforts to apply blockchain towards greater social good, and are honored to present Amir Dossal with this award for his outstanding vision in spearheading these efforts," said Sky Guo, CEO and Co-Founder of Cypherium. "We developed Cypherium to tackle real-world challenges that require blockchain solutions to support decentralized, permissionless and hyper scale applications. Amir's work epitomizes the principles and objectives that Cypherium was founded upon and we look forward to collaborating with him and the UN to support their projects."

Cypherium is unique in that it enables fast transaction speeds while maintaining the permissionless state and security of Bitcoin's blockchain. It is the first blockchain to solve governance disputes using proof-of-work and Byzantine fault tolerance consensus. Cypherium will use its Cypher token ("CPH") to execute secured transactions on the blockchain, and give users access to a more complex set of smart contract functions, such as sophisticated decentralized apps and implementing deferred payments.

ABOUT CYPHERIUM
Cypherium is a global, scalable blockchain infrastructure based on proof-of-work and Byzantine fault tolerance consensus for governance. Boasting a processing speed of a thousand transactions per second, the Cypherium blockchain is among the fastest blockchains in the market with built-in governance mechanisms that reduce the need for hard forks. For more information, please visit cypherium.io.

ABOUT BLOCKCHAIN COMMISSION FOR SUSTAINABLE DEVELOPMENT
Blockchain Commission for Sustainable Development was established at the 72nd Session of the United Nations General Assembly in 2017 to develop a multi-sectoral framework to support the UN system -- along with Member States, Intergovernmental Organizations, the private sector, and civil society -- in utilizing blockchain-based technologies to develop local, national, and global solutions for the most pressing issues of our day. For more information, please visit www.blockchaincommission.org and www.blockchainforimpact.org

Cypherium CEO Sky Guo (left) presents Amir Dossal (second from left) with the inaugural ?Blockchain Humanitarian' award at the Blockchain World Conference in Atlantic City, NJ on July 12, 2018

The Cypherium team at the Blockchain World Conference in Atlantic City, NJ. Cypherium is developing the fastest decentralized blockchain.