Korea Blockchain Week: Decentralising the Retail & Payments Industry

UNFORTUNATELY WE CANNOT ACCEPT ANY MORE ATTENDEES. APOLOGIES FOR ANY INCONVENIENCE CAUSED.

한국어? (https://goo.gl/jsZ8gU)

We are delighted to be co-hosting with WeWork Yeouido! Provenance Events will be bringing speakers from Ireland and China to South Korea...

Thanks to Festy for sponsoring the meetup (www.festy.ie)

Overview:
Blockchain and Peer 2 Peer (P2P) services are decentralising the retail and payments industry. Taking out the “middlemen” allows merchants to accept cryptocurrency and users to take back control of their finance. Festy allows merchants to accept crypto and users to pay with their cryptocurrency in bars, shops and festivals. NewsyStock, a P2P platform enables retail investors to expect a high return on their investment by taking control of their speculation. Comma Ventures invests in blockchain projects and has experience working with leading global retailers like Walmart on technology and data strategy. How is Festy and NewsyStock disrupting the retail business models?

6.30pm Networking

7.00pm Intro by HuiChi Man, Project Director, Provenance Events - thanks to sponsors, introduction to speakers

7.10pm Graham de Barra, CEO, Festy
Presentation: "The Future of Payments in the Retail and Entertainment Industries"
Payments today are centralised around card issuers and banks which slows innovation. Transactional data from traditional Point of Sale terminals is currently lacking for merchants. Consumers have no control over their own data for card payments. The Festy platform allows for the issuance of cards and customised Point of Sale system with plugins to your favourite apps. As a closed-end system Festy is independent from intermediaries. Festy offers merchants and festivals deep insights over their data, more control and more choice.

7.30pm Luke Xie, General Partner, Comma Ventures & Rocketfuel
Presentation: "The Path to Mass-Scale Adoption of Blockchain by Retailers"
Walmart processes 5,000 transactions per second (TPS) in sales on average. Bitcoin is currently around 7 TPS maximum, and Ethereum is around 15 TPS. Scalability is one of several issues today that prevents mass-scale adoption of blockchain and cryptocurrency in retail. How far are we in solving these issues and being able to pay with cryptocurrency? How do global retailers and enterprise view and adopt blockchain and cryptocurrency?

7.50pm Ryan Kyungrok Moon, Co-CEO, Newsystock & WeWork Labs Manager
Presentation: "Decentralising Retail Investments with P2P Algorithm Platform"
Traditionally, retail investors are piling into risk assets and equity rather than traditional savings options and small savings schemes. When it comes to decentralisation of a traditional industry, many people think of using blockchain technology. However, decentralisation can mean peer-to-peer networks. NewsyStock enables retail investors to be interconnected via the internet and working with retail giants to help build this P2P network.

8.10pm Q&A
8.30pm Networking & Finish

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https://t.me/provenancevents