ATTN. LIVE’s Ian Utile: There is a lot of promise for blockchain’s future in Manila
width=”560″ height=”315″ frameborder=”0″ allowfullscreen=”allowfullscreen”>
The Philippines is on its way to becoming a leader in blockchain adoption in Asia. Ian Utile, the co-producer of NFT.NYC and CEO of ATTN.LIVE, who has been in the blockchain space since 2017, shared the same sentiment as he sees Manila as the next hub and leader of blockchain adoption in Southeast Asia.
At ATTN.LIVE, Utile is working on a Web3 infrastructure that enables content creators – such as podcasters and TikTokers – to use their software as a Web3 decentralized app, helping them monetize, register and distribute content, the CEO shared with CoinGeek Backstage.
How do people, especially Filipinos, understand the concept of Web3? Speaking about his opening presentation on the future of blockchain at the Philippine Blockchain Week, Utile says many Filipinos fully understand the industry.
“At the opening, I did this ‘Future of Blockchain,’ it was like the beginners’ keynote. And I got a ton of feedback from people saying, ‘I didn’t understand this stuff,’ and they kind of flipped things back to me,” he revealed . “What I thought is that this is good. Like there’s some understanding, there’s some infrastructure because, of course, here you have more MetaMask wallets, more Internet connectivity and [a] younger population. It’s native to them.”
When asked about his thoughts on the future of blockchain in the Philippines, ATTN.LIVE head of CoinGeek Backstage Claire Celdran told CoinGeek Backstage that the country can lead Southeast Asia to blockchain because all the infrastructure is set and the youth already know how to play to earn works .
“Well, I think for the Philippines as a whole country, I think that you can lead Southeast Asia,” he said.
“There is a lot of promise for the future of blockchain here in Manila as a city, the Philippines as a country and Southeast Asia as a region,” he added.
Talking about the best use cases of blockchain, Utile said that “the next great app will probably be built for mass connectivity,” decentralized and created for content creators due to the growing population of talent in the country.
“Content creators create the most intellectual property possible. They give the world the most value, and they get the least compensation,” he pointed out.
“You and your peers provide an incredible amount of value in content, but there isn’t a mechanism to automate your ability to copyright everything … So when it comes to the Philippines, IP through a MetaMask wallet for a young person who wants be the fastest growing consumer app to hit the country,” he concluded.
See: Philippines Leads Blockchain Adoption – Here’s How
width=”560″ 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 – as originally envisioned by Satoshi Nakamoto – and blockchain.
