BLOCK COMMUNITY SURABAYA: BLOCKCHAIN AS A SOLUTION IN THE FUTURE
Surabaya, September 8th, 2019 – The Block Community event was held on September 7th, 2019 in Surabaya. Formed a national conference, this event aimed to enrich knowledge, find solutions, and share the latest insights related to the future Blockchain technology development. To make you clear enough, Block Community Surabaya itself was the fourth Block Community event with the main theme named “Blockchain Solutions for the Future”.
Oscar Darmawan as the CEO of Indodax said every day more people, especially classified as the middle social classes and young people, have known in terms of Blockchain. In fact, some of them have also experienced with the latest Blockchain technology in their daily lives. For instance, in the public sector, this peer to peer technology has succeeded in facilitating the recording of identity, valuable assets, health data, and tax invoices. Meanwhile, in the financial sector Blockchain helped people in accelerating audit activities, cross-border payments, digital asset investments, and making smart contracts.
While giving a speech, Oscar also added:
“One of the great advances about Blockchain is that we can send any data without depending on one server. Smart or multi-application solutions using Blockchain technology are indeed considered as one way to increase community social welfare. It effects then new opportunities will arise for business people where they start actively creating many new jobs which are more promising and profitable. Therefore, the momentum and existence of the digital ecosystem which has been formed must always be maintained and Indodax is ready to commit as a pioneer to actively educate the public about the Blockchain.
In the next few years, Oscar predicted the existence of a digital lifestyle of the community and increased penetration of the internet and smart phones would be an accelerating factor in the development of the Blockchain align with our needs. He pointed out this distributed and decentralized technology could be used to conducting a more effective and efficient election process. “It is true that several issues such as public trust, technical challenges, privacy and value fluctuations, and inadequate data governance would become the new challenges for the implementation of the Blockchain in the near future,” explained Oscar.
Coupled with Oscar Darmawan’s mentioned-statement before, Danny Rowshandel as a Managing Director of High Performance Blockchain (HPB) explained one of the reasons they did expansion into Indonesia was there are many Indonesia’s conventional companies which have lack of capabilities to implement Blockchain technology. Align with this problem, they are ready to overcome it by establishing plenty of Blockchain communities in Indonesia and providing various forms of support such as financial capital and operational management. For your information, HPB is one of the qualified blockchain projects having experiences in developing blockchain with UnionPay. UnionPay itself is the largest payment processing company in China today.
This event invited more than five blockchain experts from both national and international circles. In addition, more than 200 delegates attended with diverse backgrounds such as academics, students, investors, etc.
Oscar Darmawan also added the Black Community event is one of Indodax’s missions to continue educating the public regarding Blockchain and Crypto Asset trading. Indodax currently has 1.8 million members in Indonesia and helps many Indonesian people earn additional income through trading in Crypto, a valuable asset using blockchain technology.