Blockstream has inaugurated an R&D hub in Lugano, Switzerland, aiming to enhance fintech innovation specifically for Bitcoin’s Liquid and Lightning networks. This new center is positioned to increase layer 2 solutions by collaborating with local startups and providing resources, mentorship, and grants to outstanding projects. The initiative is a continuation of Blockstream's successful events in Lugano and Viareggio, Italy, geared toward advancing Bitcoin's influence in modern finance. Alongside this development, other notable advancements in the blockchain space include the launch of Various new protocols and collaborations aimed at improving interoperability, privacy, and transaction efficiency across different blockchain networks, enhancing the capabilities of decentralized applications and broader Web3 ecosystems.

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