FinTech 3.0: Blockchain Overrated, Bitcoin Underrated

As the year winds up, the Blockchain industry reassess its strategy in the view of the challenges and opportunities of the year 2017.

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FinTech 3.0: Blockchain Overrated, Bitcoin Underrated

As the year winds up, the Blockchain industry must reassess its strategy in view of the challenges and opportunities that 2017 presents.

Time to look inwards

Several conferences, workshops and seminars are happening across the globe involving reviews of the advancements so far within the industry and also in preparation of the predictive future.

In Seoul from Dec. 8-9, South Korea holds what organizers describe as the “Inside Fintech Conference & Expo.” This conference claims to explore FinTech 3.0, including Blockchain technology and other decentralized solutions for financial processes, and its impact on the global financial ecosystem.

Speakers at the event include leaders of top FinTech startups, investors, entrepreneurs among others. The organizers of this event say that these individuals seek to leverage advances in technology to improve payments, investment strategies, mobile banking, navigate the world of regulation and more.

Blockchain vs. Bitcoin

One of the speakers at the event, BnkToTheFuture.com CEO Simon Dixon, has the goal of correcting an impression towards Blockchain and Bitcoin as he acknowledges the South Korean Bitcoin community. He describes them as having a decent community in the Bitcoin sector. He also speaks of his expectation as he looks forward to what they are bringing to the market.

Dixon tells Cointelegraph:

“My goal at the Inside Fintech conference in South Korea will be to share with the South Korean audience, that has a decent community in the Bitcoin sector, that Blockchain is less interesting than they may think and that Bitcoin is more interesting than they think. Blockchain has been given too much attention recently and as an investor in the sector, I will be sharing some of my investments and a forecast for the future of finance as the technology evolves. South Korea has always embraced technology and I am always excited to see what the South Korean FinTech community are bringing to market.”

Other speakers at the event include Cédric Cobban, president and founder of PeerTrack, Hoh Peter, professor in the Department of Computer Science at Korea University, Hyo Jeong Kim, head of the Mobile Business Division at Shinhan Card, among several others.