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Appsolutely Eyes Rapid Regional Adoption of Blockchain Tech through Beach Blockchain Conference

Reading Time: 2 minutes by on May 4, 2018 Press Releases
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Economic growth in the Southeast Asian region is pushing business and consumers to look to other areas of opportunity. As such, blockchain – the core technology behind all cryptocurrency services, is providing new prospects that could result in massive adoption across the region.

In countries such as Vietnam, Singapore, Indonesia, and Malaysia governments are looking to or are already investing in blockchain technologies for industrial implementation, integration into electoral and healthcare systems.[1] Some are even looking to use it for anti-money laundering monitoring and policing.[2] Most, however, are still focused on utilizing it for B2B and B2C.

Southeast Asian countries are seeing dependence on technology as a means to match their own economic growth. This makes blockchain one of their best and safest bets. The nearly impenetrable security blockchain provides as well as its flexibility for implementation has enabled it to be applied in various industrial environments.

“Southeast Asia is where the growth opportunity for blockchain is. As such, there is a strong need to rally and connect stakeholders in the blockchain community in order to expedite the technology’s adoption the region,” according to Patrick Palacios, the chief executive officer of digital customer loyalty services provider Appsolutely.

To respond to this need, Appsolutely is organizing the Beach Blockchain Conference, to be held on May 10-11, 2018, at the Mövenpick Hotel Mactan Island Cebu. The inaugural conference will highlight best technologies, practices, startups, experts, and communities on blockchain.

Among blockchain luminaries who will attend the conference are Bitcoin Foundation Chairman Brock Pierce, Former NEM Foundation Vice President Jeff McDonald, Nicholas Merten of DataDash, Jeff Berwick of The Dollar Vigilante, Causecast CEO Ryan Scott, LookSmart CEO Mike Onghai, Token Inc. Head Yobie Benjamin, Traders Apprentice Pilipinas founder Tony Herbosa, and Appsolutely CEO Patrick Palacios, among others.

Leveraging on Southeast Asia’s high adoption rate for new technologies, Palacios sees the conference as an opportunity to celebrate the success and potential of blockchain technology among local and international businesses, and enthusiasts.

“As a keystone blockchain service provider, Appsolutely is committed in not only empowering companies to strengthen their loyalty programs but also takes a role in increasing appreciation of blockchain technology. We are confident that this conference will provide participants an atmosphere conducive to sharing, learning, and networking about the technology viewed as the next internet,” Palacios added.

Beyond Southeast Asia, the Beach Blockchain Conference is also set to expand in key areas around the world, such as the U.S., to contribute to the continuously growing body of knowledge and innovation brought by blockchain technology.

To know more about the conference, log on to


[1] “The Bitcoin party is over. The blockchain party has only just begun” South China Morning Post.

[2] “Southeast Asia’s blockchain opportunity” Raddington Report.


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