Exploring the Social and Regulatory Impact of Blockchain at Upbit D Conference 2024
Key Highlights :
As the blockchain industry continues to grow and evolve, the Upbit D Conference (UDC) in Korea is broadening its scope to explore the technology’s social impact, related policy trends, and cultural aspects. Organized by Dunamu, the operator of the country’s largest crypto exchange Upbit, the event will take place on November 13 in Seoul and will feature numerous panelists from various organizations and industries.
At the event, attendees will be able to learn about the rising social impact of blockchain technology and how it is being used in various industries. For example, the Korea Arboreta & Gardens Institute implemented a history information system this year using blockchain technology to manage plants that are at risk of extinction. The Community Chest of Korea also began accepting donations in the form of virtual assets in 2021, and UNICEF Korea utilized virtual assets donated by Upbit members to aid earthquake recovery efforts in Turkey.
In addition to exploring the social impact of blockchain, the event will also delve into how different countries are regulating the technology. A panel of experts from the U.S. Securities and Exchange Commission, the Monetary Authority of Singapore, and the Korea Capital Market Institute will provide their insights on the varied perspectives and approaches of different nations toward regulating blockchains.
UDC 2023 will also feature numerous international virtual asset projects that are actively seeking opportunities in the Korean market, including Ava Labs, the developer of the Avalanche blockchain network. Usman Asim, a senior developer relations engineer at Ava Labs, will be at UDC to discuss the company’s future strategies and reasons for entering the Korean market. SK Telecom, a leading name in Korea’s telecommunications industry, will also provide insights into the current state and future prospects of Web 3.0 and blockchain services in Korea.
To maximize accessibility, UDC 2023 will be available both online and offline, allowing participants to join regardless of their location. The in-person event will be hosted at the Grand Walkerhill Seoul, while the online version will be livestreamed on the UDC YouTube channel.
Overall, UDC 2023 is set to be an informative and thought-provoking event that will provide a comprehensive look at the social and regulatory impact of blockchain technology. It will be a great opportunity to learn from experts in the industry and gain insights into the current and future state of blockchain in Korea and around the world.
