Blockbali 2022 – The world’s largest archipelago will become Asia’s blockchain capital
Under the competent leadership of President Joko Widodo, Indonesia sees great potential in promoting the local token economy.
Blockchain for the future
The Ministry of Tourism and Creative Economy envisages that various products that use technology, such as Crypto Assets, NFT and Metaverse, have received enormous attention from the public as investment instruments. Minister Pak Sandiaga Salahuddin Uno says “Blockchain in the future must be an opportunity that is not only enjoyed by the upper middle class economy, but must also bring various benefits to the grassroots, especially the businessman of tourism and creative economy in Indonesia. We are also pursuing the goal set by President Joko Widodo in the Digital Transformation goal set, which is to create 9 million digital talents by 2035 and 30 million MSMEs on board by 2024. I appreciate BlockBali 2022 to be one of the media that helps the community and the government monitor the development of blockchain. We must collectively support various things that can make Bali a working cation for digital nomads.“
Crypto trading drives economic growth
According to the Ministry of Commerce, from 2020 to 2021, there has been exponential growth in the transaction value of cryptoassets, with more than a tenfold increase in one year alone. The value of crypto asset transactions increased from IDR 64.9 trillion (about US$4.36 billion) in 2020 to IDR 859.4 trillion (about US$57.74 billion) in 2021 Indonesia’s Deputy Minister of Trade, Dr. Jerry Sambuaga, who is positive for crypto.In Indonesia, crypto-assets are considered investment tools that are classified as tradable commodities on the Commodity Futures Exchange. There are various benefits of increasing the crypto industry, such as increasing domestic investment and preventing capital outflows, and will provide protection for consumers and create business security. Going forward, we hope to sell and trade crypto-assets as basic commodities as well as investment products.“
Excellent regulation for market stability
Indodax, Indonesia’s leading exchange reported reaching 5.4 million members now, more than 100% increase compared to 2021. Oscar Darmawan, Founder and CEO of INDODAX says “Legalization of a crypto asset in Indonesia is a long journey and still not completed , but it is moving smoothly and is proving to be on a good track. It requires the entire ecosystem to support this movement to bring benefits to the entire industry. I believe Indonesia has the potential to be a leader in blockchain development in Asia.”
Blockbali 2022 Blockchain Conference
As the leader in international blockchain conferences in Indonesia, Blackarrow Conferences is set to showcase the 5th edition of its flagship BLOCKBALI conference in Bali on November 25th. Many government and industry leaders will speak at the November 25 conference in Bali. Blockbali 2022 is organized by Blackarrow Conferences, presented by Indodax and supported by NOBI, ExpandMyBusiness, Tadpole Finance, Degree Crypto & Vexanium. The Blockbali conference will connect global blockchain gurus with Indonesian government and business leaders. The Blockbali conference will discuss the opportunities in blockchain and cryptocurrencies in Indonesia and lay the foundation for Indonesia to become ASEAN’s largest blockchain market.
Join now to be a part of Indonesia’s Blockchain Future
Contact information
Blockbali 2022 website – www.blackarrowconferences.com/blockbali2022
For sponsorship and exhibitor options, contact
Blackarrow Conferences
Phone/whatsapp: +91-9833487628 | Telegram: sarfraz_blackarrow
Email: [email protected]
