Held in Tokyo on July 1, 2018, the event attracted over 200 Japanese blockchain enthusiasts. During the event, Linfinity partnered with Befund and Qbao, and invited BCoin from Singapore and CoinOtaku from Japan for an in-depth discussion about blockchain development and its applications.
Representatives from companies Befund and Qbao also stepped up to talk more about their companies. Liu Yu, the CSO of Befund spoke briefly on token economy, introducing his company as the first blockchain project in the world to enter the realm of security token, which he predicts will lead the next wave of Token economy.
Qbao Network co-founder & COO, Sun Ruoyu, shared more about his company during his own speech. In essence, Qbao Network is a multi functional digital currency wallet providing digital asset management, currency trading, as well as online and offline payments, amongst other digital financial services available to global users. Mr. Ito, CEO of Japan’s CoinOtaku, put forward his views with regards to centralized and decentralized systems as well, agreeing with the rest that centralized structures are easier for beginners to use and get used to. However, he also stated that “the introduction of decentralized blockchain system is inevitable” and though Ito admits that the system may not be at an optimal performance level as of yet, “it is very likely to be realized in the future.”
Singapore’s BCoin CEO Davy Goh added that better service and higher efficiency are undoubtedly the hallmarks of centralization, and that they will welcome new policies on blockchain. He added “Most digital assets market players are embracing forthcoming legislations, however maybe the best legislation is no legislation. Let the digital asset market develops on its own.”Anndy Lian acknowledged the need to continue close supervision on blockchain technology, even as it progresses.”Tokens are an integral part of blockchain technology and we’ll need to continue monitoring its development. I believe governments do welcome blockchain technology, and that they want to prevent financial fraud and crime rather than taking a negative stance on blockchain.”
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