Using momentum lately created within the blockchain and cryptocurrency industries, cryptocoin trade operator Dunamu held a five-day convention for home and international blockchain builders final week to debate the way forward for the business as central banks across the globe experiment with digital cash.
Because of the international pandemic, the third annual Upbit Developer Convention was organized as a free on-line occasion, broadcasting a collection of periods from Nov. 30 to Friday, however nonetheless drew over 3,000 preregistrations and greater than 10,000 whole views, the corporate mentioned.
Below the slogan, “return blockchain * future; Fixing the Future with Blockchain,” the occasion featured shows and discussions by blockchain specialists from around the globe.
Lee Sir-goo, CEO of Dunamu, mentioned the discussion board had supplied a possibility to “spotlight the persevering with evolution of on-line applied sciences whilst our offline actions are enormously diminished.”
He additionally shared his ideas on the impression that central financial institution digital foreign money and decentralized finance, or DeFi, may have on the worldwide monetary business, and the way blockchain expertise will revolutionize our every day lives.
Consistent with this yr’s theme, the UDC 2020 provided a have a look at the way forward for blockchain expertise in addition to the business’s outlook for the approaching yr.
Edgardo Yu of the 2020 Nobel Peace Prize-winning United Nations World Meals Program detailed the position of blockchain in lowering world starvation, whereas Christopher Giancarlo, senior counsel for Willkie Farr & Gallagher, and Lee Hong-kyu, CEO of Unchain, shared their ideas on the potential impression of CBDC and overviews of their respective initiatives.
Relating to the rising DeFi market, Gustav Arentoft, enterprise growth consultant in Europe for the Maker Basis, and Eric Yoo, chief technique officer of DXM, supplied priceless perception into the present and future state of the business.
The discussion board additionally touched upon main policy-related points.
At a panel dialogue moderated by Lee Goo-soon, deputy director of the blockchain staff below Korean outlet Monetary Information, individuals mentioned regulatory challenges dealing with the blockchain business in 2021.
Panelists Yoon Jong-soo, a companion at legislation agency Lee & Ko, Hong Joon-kee, head of Asia for Cumberland DRW, and Lim Ji-hoon, CSO of Dunamu, gave their views on how upcoming laws will have an effect on numerous elements of the business.
On the ultimate day of the convention, the UDC revisited with presenters from final yr to listen to about their newest progress and achievements.
Kim Jong-yoon, CEO of on-line and offline enterprise at Yanolja, Jay Park, CEO of Lambda256, and Dr. Leemon Baird, co-founder and chief scientist of Hedera Hashgraph, supplied updates on their main blockchain initiatives and outlined plans for 2021.
“This yr’s UDC 2020 coated not simply the technological features of blockchain, but in addition its real-world purposes and important regulatory points,” mentioned Lee, CEO of Dunamu.
“As soon as among the regulatory hurdles are eliminated, we anticipate blockchain will carry great innovation to our day-to-day lives.”
By Kim Younger-won (firstname.lastname@example.org)