According to BlockBeats, Kaitai Chang, the co-founder and COO of Yala, attended the Infra Summer 2024 Summit hosted by Nubit on July 10. During a discussion on Bitcoin innovation, Chang introduced Yala's latest technology and application scenarios.
Chang mentioned that Yala uses Bitcoin to allow users to earn profits in the entire ecosystem without selling their BTC. Their stablecoin, YU, is the core tool behind this, aiming to simplify the user experience and increase investment returns.
The Infra Summer 2024 Summit, organized by modular blockchain project Nubit, took place in the afternoon of July 10 at EthCC. The event brought together many top figures in the blockchain field, including GP Luke Pearson, a partner at Polychain Capital, Professor Yu Feng, the founder of Nubit, Sankha Banerjee, the Chief Protocol Economist at Babylon, Seung Yoon Lee, the co-founder and CEO of Story Protocol, Professor Yi Sun, the co-founder of Axiom, and Victor Ji, the co-founder of Manta Network.
Co-organizers included Babylon, Manta, L2IV, Merlin, Yala, Story Protocol, Tomo, GAIB, ListaDAO, KXVC, StakeStone, and zkPass. The summit aimed to share the latest insights on Bitcoin innovation, modular and re-pledging solutions, zero-knowledge technology, and AI infrastructure.