Developments in the Bitcoin industry in Korea have been attracting both local and global interest in the last 18 months or so and now three key Bitcoin startups are rising to the challenges of bringing virtual currencies into the mainstream in the world's most wired country.
With investment from some of Silicon Valley's key Bitcoin supporters, KORBIT has moved from operation as a Bitcoin exchange and is now addressing how to work with offline businesses such as high street shops, to support their adoption of Bitcoin payment options.
CoinPlug has also raised investment from Silicon Valley and has been introducing Bitcoin ATMs in Seoul and plans to build the bitcoin infrastructure in Korea. And Coinone, Korea's newest Bitcoin company, recently raised its first round of funding from K Cube Ventures to build out their Bitcoin market.
Inside Bitcoins Conference & Expo 2014 Comes To Korea
As reported by Business Korea, Inside Bitcoins Conference & Expo 2014 will take place on Dec. 12 and 13 at the KINTEX Convention Center located in Ilsan, Gyeonggi Province. Co-hosted by Meckler Media and KINTEX, the event will also be held in the United States, Britain, France, and Israel each year, in nine countries in total.
At the event, more than 15 speakers will cover a wide variety of topics in such fields as virtual currency and payment, online retail, fintech, security solutions, finance and investment consulting, online games, and future studies.
Korea University computer science professor In Ho will discuss application examples of the Internet of Things (IoT) and bitcoin payment systems. Hanyang University professor and InfraBasic CEO Kim Il-sun will cover how the bitcoin will shake the foundation of the economy as we know it and contribute to the formation of a new digital economy. Devign Lab CEO Cha Myung-hoon’s presentation topic will be bitcoin exchange security from the viewpoint of a hacker.
Foreign speakers include AlphaPoint Vice President Scott Bambacigno, Kapronasia founder Zennon Kapron, and BitMEX founder Arthur Hayes.
| Title | Inside Bitcoins Conference & Expo 2014 |
|---|---|
| Date | Dec. 12 to 13, 2014 |
| Venue | KINTEX 2, Hall 6C (about 2,000m2) |
| Size | Conference - about 300 guests from 15 countries Exhibition – 30 sponsor booths and 3,500 guests from 15 countries |
| Exhibitors | Domestic and global bitcoin trading venues, bitcoin operators, bitcoin ATM, ICT security companies, online retailers, investors, startup businesses |
| Organizer | KINTEX, MecklerMedia |
| Website | www.insidebitcoins.co.kr |
| Phone | For booth and sponsor - 031-810-8076 (Korea) For conference – 031-810-8074 (Korea) For media partner and other inquiries – 031-810-8321 (Korea) Mecklermedia Corp. – 212-389-2000 (US) |
