During the first half of the meeting, Chapter leaders presented on the basics of blockchain and facilitated a discussion on potential blockchain application in the private, public, and quasi-government industries. The group members also engaged in an open-table discussion and shared their perspectives on existing government regulations and social issues that hinder mainstream blockchain adoption in South Korea.
Some of the questions that were used for this discussion included:
- When will blockchain be fully adopted by both private and public sectors?
- What are some of the major differences between South Korean and U.S. blockchain industries?
- In which industry will blockchain technology be most useful?
- What are some social and political issues that works against the development and adoption of blockchain technology in South Korea?
To share greater insights with participants, the response to above questions were pre-gathered from blockchain experts, including Jong Hwan Kim, the founder of Bithumb, which is one of the largest cryptocurrency exchanges in South Korea.
GBA Seoul Chapter is led by Ki Kim, who serves as the CEO of Zulama Korea, a Columnist for Chosun Media, and a Lecturer for Ohmyschool.