The Lux List / Finance

The Future of Blockchain at BlockJakarta

Leading blockchain experts, researchers, pioneers and professionals around the world will congregate at BlockJakarta this May

Apr 03, 2018 | By LUXUO

BlockJakarta is back and as the seventh edition of the Blackarrow Blockchain Series, it will be held at the Ritz Carlton Pacific Place, Jakarta Indonesia on 9th May 2018. The objective of the conference is to explore the opportunities in the sphere and to identify challenges in the adoption of blockchain technology with Indonesia as an emerging focal point in South East Asia.

Undeniably, global spending on blockchain solutions is expected to reach USD2.1 billion this year and even Fortune 500 enterprises and tech-based conglomerates are getting with the program. The forum also intends to facilitate dialogue by reiterating the massive potential behind the technology and its implementation in various guises moving forward. An undeniable digital transformation is underway with this technological breakthrough as it’s underlying driving force.

The forum is hosted by Blackarrow Conferences, a leading conference organiser that specialises in high-level business conferences targeted at senior management executives from various sectors. The company maintains the highest standards of quality in research, technology and product development.

As such, attendees will be given the opportunity to gather information and discover the nuances of blockchain technology on a broach scope of applications from leading experts, pioneers and professionals around the world that will congregate at BlockJakarta.

Indonesia is well poised to leverage blockchain technology.

Oscar Darmawan, CEO of INDODAX is among the confirmed speaker for BlockJakarta. INDODAX, previously Bitcoin Indonesia, is the country’s major cryptocurrency exchange. It controls more than 70% of bitcoin transactions in Indonesia and Oscar has observed what he calls “exponential growth” in users of his marketplace platform from 50,000 users in 2015 to more than 500,000 registered accounts last year. Oscar is adamant that they have yet to “penetrate even 1% of the total population in Indonesia” and that that the “opportunity to corner the market is huge.”

Other confirmed speakers include Riki Arif Gunawan, the Head of Sub Directorate Technology and Directorate Information Security from Indonesia’s Ministry of Communications and Information; and I Nyoman Sastrawan, Group Head of Research with The Indonesian Financial Transaction Reports and Analysis Centre (INTRAC) and President of Pundi X, Constantin Papadimitriou.

BlockJakarta is backed by various groups including The International Decentralized Association of Cryptocurrency and Blockchain, Blockchain Indonesia Group, the Open Investment Exchange (OiX) and PundiX.

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