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Blockchain INDO Conference: How Blockchain will Change Indonesia’s Digital Economy

Reading Time: 3 minutes by on April 28, 2018 Press Releases
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The volume of Indonesia’s digital economy will reach about $130 billion by 2020, which will make this country one of the leaders in digital development among the countries of South-East Asia. This was stated by the authorities of the country just last week. New technologies, blockchain, and transformation of the IT-sector will play an important role in this process. From this perspective, the Blockchain INDO conference in Jakarta, which will be held on 11-12 May in Kempinski Hotel, becomes even more relevant.

Apart from the usual cryptocurrency players, this international event will bring together players in digital business, IT Startups, Internet application Developers, digital Marketers and companies with a FINTECH base to create new networks and expand already existing ones.

40 speakers from different parts of the world – USA, Germany, Russia, Japan, Switzerland, China and other countries, will tell the participants about their international experience in blockchain technologies. Among the prominent speakers who have confirmed their presence are Gebhard Scherrer (co-founder of DATUM), Ville Oehman (investment funds registered with the Monetary Authority of Singapore), Matthew J. Martin (Director General Blossom of Finance), Robert Ryu (the Korean company crypto-Fund) and Dr. Zaharuddin A. R (Malaysia Shariah ICO), Matthew Joseph Martin (CEO of Blossom Finance).

In three years, eight million representatives of small and medium-sized businesses in Indonesia will use digital technologies, although at the moment it is used only by nine percent.

In a couple of years, it is planned to create 1,000 young IT companies, with a total value of more than $10 billion. To achieve this rate, around 200 new startups must be launched every year. By the way, one of the first Indonesian startups, Go-Jek, is now estimated at $1.3 billion.

We will pay special attention to startups at the Blockchain INDO conference, don’t miss presentations of ICO projects. “As a rule, founders present interesting ideas based on blockchain technology from the field of FINTECH or IT. There are a lot of promising projects! And thanks to such events, the teams have an opportunity to find investors and get support. Investment and venture funds will be able to notice them, this is the perfect opportunity,” says Nikolay Volosenkov, the organizer of the conference Blockchain INDO.

In addition, soon the Internet in Indonesia will be installed in 187 remote settlements across the country. According to some forecasts, Indonesia will have about 100,000 bitcoin users in the next six months.

According to Abas A Jalil, CEO of Amanah Capital Group Limited, a financial expert in South East Asian market who will present his report at the conference:

“South East Asian, mainly Indonesian, markets have huge potential for Blockchain and fintech sectors, especially in Islamic Finance and Digital Business. This conference will be an opening venue for further progress in these new technologies in South East Asia, especially for Indonesia itself.”

This conference-exhibition is expected to be one of the biggest Blockchain and Fintech conferences in Indonesia this year.  

Tickets to the conference can be purchased at the conference’s website  or via ADEI’s payment system which will provide convenience for Indonesian participants to pay in Rupiah.


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