Korea Blockchain Expo will open Tuesday at Seoul’s Grand Hilton Hotel convention center for a two-day run.
Participants will discuss the future of blockchain at the conference. Organizers say the conference will focus on how to use blockchain technology in daily lives for the convenience of the people. The conference’s subtitle is ‘blockchain: from ideal to reality.’
Hankyung. com, Deloitte, #Hashed, GBIC, Asobimo the Seoul City and the Busan City are organizing the event through sponsorship.
Organizers claim that many foreigners see South Korea as the central place in cryptocurrency trading although the government bans initial coin offering. The Korea Blockchain Association said foreign investors see Korea as having a high potential for growth as the cryptocurrency trading. The association said the question is how South Korea moves in the direction of fostering the cryptocurrency industry.
On the second day of the conference, Samsung SDS will present its business plan and strategy on blockchain business. A Samsung SDS official said blokchain would change the social infrastructure in a revolutionary way. However, he cautioned that blockchain technology has yet to get upgraded.