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Sunday, November 27, 2022
HomeBlockchainBanking, tech consultants and leaders kind Blockchain Council of the Philippines

Banking, tech consultants and leaders kind Blockchain Council of the Philippines

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To additional promote blockchain know-how within the nation, leaders from the industries of finance, advertising and marketing, and know-how have fashioned the Blockchain Council of the Philippines.

Philippine Blockchain Week (PBW) lead convenor, Dr. Donald Lim, introduced the formation of the council throughout a latest press convention held on the Manila Marriott Hotel in Pasay City.

The prestigious roster of council members embrace Lito Villanueva, government vice chairman of RCBC and chairman of FinTech Alliance; Ida Tiongson, chairperson and impartial director of PruLife UK and a trustee of Fintech Alliance; and tech lawyer Mark Gorriceta, managing companion and head of the know-how media and telecommunications group of Gorriceta, Africa, Cauton, and Saavedra Law. They have been additionally among the many panelists of the presscon, whose dialogue delved into the benefits of blockchain know-how.

Henry Aguda, Chairman of the Board, UBX; Martha Sazon, president and chief government officer (CEO), GCash; Chezka Gonzales, founder, Woman of Substance NFT; Sheree Gotuaco, CEO, Scarletbox.io; Kate Hancock, founder, Metaverse XYZ; Brian Poe Llamanzares, founder, Artifact; Gail Macapagal, nation director, Dynaquest; Emman Navalan, CEO, Tetrix; Emmanuel Samson, founder and CEO, Impero Group; Paul Soliman, chairman and CEO, Bayanichain; Oscar Tan-Abing, Jr., CEO, Anotoys Collectiverse; and Dr. Lim, COO, DITO CME make up the remainder of the council.

Dr. Lim mentioned the council was fashioned to advocate blockchain schooling within the nation and to assist shut the information hole as Filipinos transition from Web2 to Web3. The council, he mentioned, will actively pursue non-public sector and authorities cooperation to realize the objective of constructing the Philippines the blockchain capital of Asia.

Blockchain is More Than Cryptocurrency

According to Villanueva, the target of PBW is to assist Juan Dela Cruz perceive what blockchain is all about. He shared that the nation is lucky to have probably the most progressive and dynamic regulators.

“We thank the Bangko Sentral ng Pilipinas (BSP) and the Securities and Exchange Commission (SEC) for having an open mind in so far as welcoming innovations,” he mentioned and emphasised that the end-goal of PBW is to supply Filipinos and the worldwide group with an inclusive monetary framework.

Gorriceta added that PBW will present the completely different makes use of of blockchain and handle the destructive information it has been receiving these days.

“Blockchain is the underlying technology of Bitcoin, Etherum, and the like. Basically, blockchain promotes decentralized finance. The purpose of PBW is to showcase the features of blockchain beyond Bitcoin and how the Blockchain Council of the Philippines will be able to promote, let’s say, how we can use this technology and how we can further enhance the Philippine economic agenda of our Central Bank,” he mentioned.

Tiongson famous that whereas folks usually affiliate blockchain solely with cryptocurrency, the know-how can present extra to help industries and defend the integrity of knowledge on-line.

“Blockchain is a technology,” she emphasised, and can be utilized in numerous methods. “You can also use it for digital asset offering as with NFTs, supply chain, payment system, medical tracing, and gaming,” she mentioned.

Daniel Robbins, CEO of California-based IBH Media and co-founder of Metaverse Collective, referred to as blockchain “the number one global impact on our economy that we’ve ever seen in our lifetime.”

“It’s great to understand the technology, but the next thing is (to learn) how you can implement that,” he mentioned.

NFTs, the Metaverse, and More

With the press convention aimed toward giving the attendees a glimpse of the upcoming week-long blockchain occasion, the second panel members have been composed of three consultants within the fields of NFT, AI, and the Metaverse. They are Gotuaco, Soliman and Hancock.

Blockchain and its relation to NFTs, Gaming, AI and the Metaverse can even be mentioned throughout PBW. An NFT exhibition and gaming expo will likewise happen.

Dr. Lim additionally introduced the launch of the Philippine Block Awards, one of many highlights of PBW that seeks to honor the folks behind the blockchain ecosystem within the nation.

Tickets to PBW at the moment are obtainable at www.philblockchainweek.com.

 

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