On Dec 12, 2019, Blockchain 2020 Hosted by Blockchain №1, Huobi Indonesia and BLOCK GLOBAL was held in Jakarta. During the conference, blockchain practitioners, blockchain technology experts, and cryptocurrency holders discussed how blockchain technology could help boost economic development in developing countries under the background of fast growing blockchain technology and finance including investing, application scenarios, etc..
IONChain Foundation Marketing Director, Asia Pacific — Vigoss Zhou was also invited to the conference. IONChain, aimed at building a platform to design and automate transactions between smart devices to facilitate an Internet of Things (IoT) economy, has also attracted much attention from those attendants interested in IoT. Vigoss made a detailed introduction to them about how IONChain could help solve problems in IoT area like data circulation, data sharing and data transactions, thus enhancing the efficiency of the whole IoT ecosystem based on blockchain and edge computing technology. Owing to the use of blockchain technology, the data source will always be reliable and verifiable on the IONChain network. Furthermore, the value of the data is quantified and data transfers are fast and secure. This makes it easier for IoT standards to emerge, unlocks a plethora of new IoT application scenarios and boosts the whole industry to enter the next level of development.
After the conference, people get more knowings about the role of blockchain technology in national economic development. Also, the IONChain team members collected questions from those blockchain practitioners and will make improvements in the future.
