Philippine Blockchain Week 2022 Keynote Speaker Donald Lim: Blockchain will power the next generation
width=”562″ height=”315″ frameborder=”0″ allowfullscreen=”allowfullscreen”>
If you have been involved in the digital currency space, especially in the last year, you have probably already heard about the word “Web 3.0” – one of the latest buzzwords in the blockchain sector. The technology, also known as the new iteration of the World Wide Web, was one of the hottest topics at the Philippine Blockchain Week 2022.
DITO Chief Marketing Officer Donald Lim, the head of the successful blockchain event, shared key takeaways about Web3, blockchain and the Bitcoin innovations in the Philippines in his interview with CoinGeek Backstage reporter Claire Celdran.
Wanting to encourage everyone to explore Web3, Lim says many Web2 and Web3 people clash because of their different views on the two networks, so they started Philippine Blockchain Week to bridge that gap.
“Apparently that is the invisible barrier within both. What we believe is that Web2 should slowly progress to Web3, to accept the principles of Web3 – of decentralization, to ensure that the technology should be for everyone and should be run by the people,” he said.
Lim said they have created the Blockchain Council of the Philippines thanks to the growing popularity of the technology in the Southeast Asian country.
“[With the Blockchain Council]we are able to bring together all the actors or advocates of blockchain in one group… What we want is that when we set up this council – the Blockchain Council of the Philippines – is that you at least have someone to ask questions, have you someone to go to whether you are an individual in Web3 or you are [in] the government or you are a regular company that wants to invest in this area. We can become an advisory board. We can become a shoulder to lean on, he expressed.
As for pushing blockchain usage for businesses and governments, Lim said the next step is to create technical working groups, even sharing that the Blockchain Council can be of service in this matter.
“Perhaps the Blockchain Council could sit as part of the technical working group. We can bring in our experts so you know where to go … We, as an independent body, as a collegial body, can now come in and help you,” he said. “We are not a profit or trade organization . [Our] The purpose is to accelerate the adoption of blockchain because we believe that it is the technology that will drive the next generation.”
Lim added that their goal for the Philippine Blockchain Week and the council is to make the Philippines a blockchain capital.
“When I ventured into this space, it was actually a bit chaotic. There is a pocket of communities, but they don’t talk to each other. [The] The government wants to regulate, but they don’t know what to regulate [since] they don’t understand [the space]. Hopefully, Philippine Blockchain Week is really a unifying platform for all of them to be in one room to understand. And as we leave the Philippine Blockchain Week, [hopefully] several working groups [could be created].”
Lim admits that this path will be challenging, and the conference will only address some of the issues in the space, but for him, the week-long Philippine Blockchain Week helped him get to know the people in the industry.
“Let’s use cases together so we can push blockchain forward,” he said.
See: Philippine Blockchain Week 2022 Highlights
width=”562″ height=”315″ frameborder=”0″ allowfullscreen=”allowfullscreen”>
New to Bitcoin? Check out CoinGeeks Bitcoin for beginners section, the ultimate resource guide for learning more about Bitcoin – originally envisioned by Satoshi Nakamoto – and blockchain.
