What to expect from the Litecoin 2018 summit?

Every month we see an increasing number of cryptocurrency exhibitions, conferences, and summits that are held at the highest level. We believe that these are great platforms for product launches, brand announcements, and networking. The Litecoin Foundation recently posted on Twitter that applications have begun for those wishing to attend the Litecoin Summit 2018.

Why is this so important?

In the pursuit of universal adoption of cryptocurrencies, many believe that cryptocurrencies need regulation. Therefore, at the upcoming summit Charlie Lee and the Litecoin Foundation will try to give their brainchild a worthy appearance by bringing together representatives of traditional business in one place to discuss the advantages and disadvantages of adopting Litecoin.

While many other exhibitions and conferences consider it necessary to invite bigwigs to tell their success story, it looks like the Litecoin fund is aiming to attract normal people. This is a really important step towards the general acceptance of cryptocurrency, and this step can also help convince the heads of companies to start accepting payments in Litecoin.

At the moment, there are a lot of rumors among members of the crypto community about Litepay - payment system Litecoin, which was never put into operation after a failed launch attempt. Although the information has not yet been confirmed, all sources indicate that Litepay 2.0 is already in production. The September summit will be a great opportunity to announce the launch of this product. While this is just speculation, the launch of a full-scale payment system from the creators of Litecoin could be one of the big news stories in September.

While we can't guarantee the launch of Litepay, we can guarantee that this summit will be very busy with big announcements and interesting news. Therefore, we mark September 14 and 15 in our calendars and wait with bated breath for news from the Litecoin team. 

According to cryptodaily