fbpx

World Blockchain Forum co-hosted by S Block

WBF Singapore was a very successful crypto event held at the Marina Bay Sands, co-hosted by S Block. DigiFinex participated on a panel to discuss many relevant blockchain issues. We were grateful for this opportunity to share our views with over a thousand attendees!

Our Singapore general manager Dennis Hui represented our exchange. He spoke on topics including the Financial Action Task Force regulations, Facebook’s Project Libra, and Bitcoin 2019 year end price predictions.

DigiFinex speaking on a panel at the World Blockchain Forum, co-hosted by S Block

Panel Discussion Summary

1. On the subject of the new FATF crypto exchange rulings

We believe that the idea behind making transactions from crypto exchanges more transparent is commendable. However, the execution will be tricky. Because while DigiFinex supports playing by the rules, we also acknowledge that all users have to do is transfer their assets from an exchange to non-custodial wallets. What they do beyond that is out of the FATF’s control.

2. On the subject of Facebook’s Project Libra…

A couple of issues that need to be resolved. First, the continued loss of privacy. Data risk is already an issue, therefore making your spending habits trackable gives Facebook even more resources to map out your digital identity. Next, things won’t be so easy in 2 of its biggest markets, China and India. China actively blocks Facebook, while India doesn’t have a friendly stance towards blockchain investments.

3. On the subject of Bitcoin 2019 price predictions…

Most of the panel was bullish about year end prices. Many other speakers called for targets ranging from $50,000 to $100,000. These are great, but we believe $6,000 in the near term is possible. That being said, we are still optimistic in the long run, especially with the block reward halving coming up in May.

Dennis Hui represents DigiFinex at WBF Singapore, co-hosted by S Block
DigiFinex General Manager Dennis Hui speaking at the World Blockchain Forum, which was co-hosted by S Block

It was our honour to be invited to speak at this event. So thanks to the team at World Blockchain Forum for letting us be a part of it!

If you’d like to see where else we’ve been, here’s a recap of DigiFinex co-founder Kiana Shek at the World Blockchain Summit.

You can share this post on

Share on facebook
Share on twitter
Share on telegram
Share on whatsapp
Share on reddit
Share on linkedin
Reletad Post

DigiFinex AMA Recap | Empowering Social Platform Independence in Open Source Blockchain

At the 17th DigiFinex AMA, we have invited lead designer from Pocketnet Platform, Daniel to talk with us on ways to allow authors to earn crypto for their content and protect them from arbitrary censorship through community moderation. Want to know how to engage on this decentralized social platform with your online creations while earning an income? Click in to read more!

DigiFinex AMA Recap | Facilitating Project Elevation through Motorsport Games in NFT Market

Speaking of online games, do you like to watch car racing games or playing them? In today’s AMA, we have invited REVV’s product leader, Sean, to introduce to us the core concept of REVV and its parent company Animoca Brands on utilizing gamification, blockchain and artificial intelligence technology to develop and release a wide range of racing games and a series of mobile product portfolios. We will also explore the latest hot topic-NFT!

DigiFinex AMA Recap | Decentralized Publishing Infrastructure

DigiFinex 15th AMA: Giving likes has been a social media thing that everyone surely knows to do. But what if there’s a new purpose of giving like that could help change the life of creators? Founder of LikeCoin, Kin Ko will be opening up about his journey of starting LikeCoin and walk us through his journey, recap on our blog post now to learn how to give back to our creators!

Polkadot, the King of Cross-chain Explained

What is Polkadot? Polkadot is a heterogeneous blockchain founded by Gavin Wood, former CTO of Ethereum, is an impeccable blockchain project that is perfect in every sense. Its founder, Gavin Wood, is the author of the Ethereum White Paper and the person who knows the defects of Ethereum at heart. Polkadot was founded with the idea to solve Ethereum’s shortcomings and replace it as the “King of the Public Chain”. Read to find out more!

%d bloggers like this: