Blockchain Genesis marks the commencement of Thailand Blockchain Week 2023 with the theme "Build in Bear, Rise in Bull." In its sixth consecutive year, this prominent event serves as a convergence point for industry leaders, public sector representatives, and politicians, fostering discussions on the future of blockchain in Thailand, encompassing developments in Bitcoin, Ethereum, and beyond. With a plethora of activities and prizes exceeding 500,000 baht, participants engage in a dynamic exploration of the blockchain landscape.
Prasert Chanthararuangthong, the Minister of Digital Economy and Society (DES), underscores the pivotal role of technology in propelling society and the economy. Blockchain, identified as one of the most promising technologies, holds the potential to bring about significant benefits, including performance enhancement, streamlined procedures, and reduced transaction costs. Emphasizing transparency and verifiability, blockchain opens avenues for cross-border trading and market penetration, paving the way for new job opportunities and business prospects.
Sanjay Popli, Co-Founder and CEO of Cryptomind Group Holding Company Limited, the title host, elaborates on the event's theme, "Build in Bear, Rise in Bull." In a bear market, where concerns about global economic factors, central bank policies, and digital asset regulations may impact prices, there lies an opportunity for investors to acquire digital assets at lower prices. Successful investors utilize this period to enhance their knowledge and skills, gearing up for strategic investments in digital assets.
Analyzing the digital asset market, Bitcoin emerges as a frontrunner in terms of growth trends. Anticipated events such as the Bitcoin Halving in 2024 and the potential approval of the Bitcoin SPOT ETF contribute to a positive trajectory. Noteworthy domestic factors, including increased numerical statistics of trading accounts and trading value in Thailand, along with investments by large enterprises and financial institutions, position Thailand as a potential cryptocurrency hub in the ASEAN region. Operating under SEC regulations, the event signifies a collaborative effort involving multiple stakeholders and a comprehensive community.
Blockchain Genesis 2023 stands out as the largest blockchain event in Thailand, incorporating hybrid approaches and featuring over 170 influencers from the cryptocurrency and blockchain domains. The event encompasses more than 50 sessions, workshops, and booths from leading companies, providing a holistic experience for participants. Panel discussions tackle intriguing topics such as the impact of giving away 10,000 Digital Baht and debates surrounding Bitcoin being labeled a pyramid scheme.
Participants have the chance to win prizes exceeding 500,000 baht, including coveted items like the iPhone 15 Pro Max and iPad 10th Gen. Following the main conference, an additional 50 side events are scheduled to unfold seamlessly as part of Thailand Blockchain Week 2023 from November 8-15. Sanjay Popli concludes with an emphasis on Cryptomind Group Holdings' commitment to facilitating safer digital asset investments, incorporating blockchain consulting, digital asset investment analysis, and event management. The company's various community initiatives aim to inform and engage, ensuring a more accessible and secure digital asset landscape for the Thai audience.
