100 industry experts from China and the Southeast Asian sector gathered in Singapore to celebrate the REAL Blockchain Summit. Co-hosted by 99EX and SLibrary, AP News reported that the talks centered on the direction that blockchain is headed to--as well as the trends governing the global application of blockchain.
The event gathered leaders of the industry together with the various followers of the blockchain. Zhu Feida, the professor at the Singapore Management University, was there along with Yu Jianing, president of Huobi University; Meng Yan, vice president of CSDN; Zhou Hongming, founder and CEO of HomiEx, and Chen Jiu, Block VC CEO.
The event was marked with dozens upon dozens of testimonials from the leaders about how blockchain technology can create disruptions and how top financial countries can benefit from these technologies. With this kind of industries, technology can also be empowered to create more benefits rather than hinder those.
The REAL Blockchain Summit was considered a success, as people from all over Singapore and the Southeast Asian regions have gathered to share knowledge with one another. It is also significant as it can provide a blueprint on how a successful summit about blockchain can empower it towards more acceptance into the mainstream industry.
Singapore isn't the only country embracing blockchain technology in the Southeast Asian region. According to Fintech News SG, the Philippines holds a special consideration for all things blockchain and tech. A report from the Milken Institute suggested that the Philippines is actually exploring the possibilities of using technology in the process in the real estate market.
More specifically, the fintech sector (financial technology) is slowly but surely gaining ground in the Philippines. The FinTech Alliance Summit this year is proof of that, where the fintech scene is reported to grow some more in the Philippines. There are 10 more events dedicated to the exploration of fintech as well as blockchain in the country.
The Southeast Asian region is ripe with possibilities because of its embrace of blockchain and fintech. This is only the beginning--in the future, it can be possible for the region to become a leader and the first and foremost authority on innovative technology and the disruption of real estate and financial processes, as it is known.
Most of the events are directed toward crypto technology. With these advancements, perhaps, the face of real estate in this area is going to improve faster than the other areas.
