Tuesday, 21 October 2014

Speakers told of bitcoin's origins, current structure and promise for the future while acknowledging the technical and political challenges it faces.

Asia's Largest Business Forum Shines Spotlight on Bitcoin


Bitcoin Panel at World Knowledge Forum, Seoul 2014



Bitcoin made a prominent mainstream appearance in South Korea last week at a special session of the 15th annual World Knowledge Forum in Seoul.
The largest business forum in Asia, WKF is a prestigious three-day event designed to foster discussion about the future and potential major issues that may arise.
It also featured guest speakers including former president of France Nicolas Sarkozy, former Japanese prime minister Yukio Hatoyama, and leaders from various international organizations and some of South Korea's largest companies.

Bitcoin panel

A panel discussion and question-and-answer session devoted to bitcoin were included for the first time on the event's final day, organized in part by local company Coinplug and Professor Peter In, the Associate Dean of Korea University's Graduate School of Computer and Information Communications.
The Bitcoin Foundation's Jinyoung Lee Englund and bitcoin evangelist Roger Ver were key speakers at the session along with Professor In, introducing bitcoin to a crowd composed mostly (but not exclusively) of cryptocurrency neophytes and a selection of curious local media.
The Bitcoin Foundation's Jinyoung Lee Englund
The Bitcoin Foundation's Jinyoung Lee Englund
Speakers told of bitcoin's origins, current structure and promise for the future while acknowledging the technical and political challenges it faces.
Questions from the WKF audience included whether regulatory forces would manage to spoil bitcoin's promise, and how Korean businesses could benefit from using the technology.

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