Bloconomic 2018 (Blockchain Economic Summit) started on 16th August in Kuala Lumpur, Malaysia. It was one of its kind which had successfully attracted over 80 international speakers, over 100 media partners with closed to 3,000 participants including speakers, experts, legislators, blockchain associations and community from over 30 countries.

Despite the sluggish cryptocurrency price right before the summit, it didn’t seem to affect the enthusiasm that the participants had towards the technology as they managed to see the use of blockchain beyond cryptocurrency itself. Reputable blockchain experts, digital asset management elites, and even professionals and banking executive themselves shared their experience, discussed the current and future development of blockchain economy.

The summit focuses on blockchain fundamental applications such as legislations around the world, eKYC, advertisement technology, AI, Big Data and asset tokenization, without any cryptocurrency speculation discussion taking place.

Trivechain Blockchain Hub, Centre of Excellence (COE)

The summit started off with an opening ceremony by the President of Malaysia Blockchain Association, Dato Rayson Wong, and the Vice President, Growth Ecosystem Development of Malaysia Digital Economy Corporation (MDEC), Mr. Norhizam Abdul Kadir, witnessing the birth of the Trivechain Blockchain Hub, a centre of excellence for blockchain application in collaboration between Malaysia Blockchain Association, Setia Haruman Sdn. Bhd. and the Trivechain Foundation. This is followed by a serial of MOU signing between Malaysia Blockchain Association with several parties in agreement to build the blockchain ecosystem together globally.

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