Blockchain Economy Istanbul 2022 Summit is Eurasia’s biggest conference held on July 27-28, 2022 in Turkey. Many famous personalities like Micheal Saylor and crypto companies attended the conference. Here’s a complete summary of the Blockchain Economy Istanbul 2022 Summit:
The blockchain industry is slowly rising around the world worth millions of dollars. DeFi, NFTs, crypto, and overall Web3 are utilizing blockchain technology to define the future of the world.
As blockchain expands, celebrating its achievements, introducing new concepts & ideas, and networking with like-minded people is essential to the growing industry. This is why Blockchain Economy steps up to bring the blockchain community together from various parts of the world to different countries.
Istanbul, Turkey is known to be the center of two continents, Europe and Asia, also known as Eurasia. Europe and Asia have been working day and night to develop the decentralized world and bring it to the mainstream.
Blockchain Economy Istanbul 2022 Summit celebrates innovation, creativity, business growth, and technology as a whole by holding a grand conference.
Blockchain Economy Istanbul 2022 Summit conference was held with the main agenda to bring together Turkish developers, creators, and investors to showcase their work on a global platform. Additionally, the conference also highlighted how Turkey’s market is more than ready to accept blockchain technology in its daily life.
Various well-known personalities attended the conference to discuss the topics of mass adoption, blockchain ecosystem, crypto exchanges in Asia, social trading, bear market, Web3 startups, Bitcoin, growth of crypto in Turkey, and much more.
Michael Saylor speaks at the Istanbul 2022 Summit
The highlight of the Blockchain Economy Istanbul 2022 Summit was the attendance of Michael Saylor as a guest speaker to share his insights on the overall blockchain industry.
On July 27, the Bitcoin Maximalist and CEO of MicroStrategy, Saylor made headlines when he criticized Ethereum on its business and ethics. He said that the “protocol doesn’t look like it’s going to be completed or stable for another 36 months.”
He was invited to speak at the ‘Fireside Chat: Bitcoin – Freedom, Money, & Hope’ session moderated by Tom Busby & Josh Moden at the conference.
Saylor talked at the conference for an hour where he expressed that Ethereum was unethically running as it violates the securities laws which have their basis in the 10 commandments.
He also compared Ethereum’s monetary policy with Bitcoin by saying that Bitcoin’s policy was planned for 1,000 years while Ethereum’s might change after The Merge happens.
Overall, he had quite extreme views about Ethereum The Merge, he said, “…if you are hard forking and changing it, every time you do a big upgrade, you introduce new attack surfaces.”
Ukraine’s Deputy Minister of Digital Transformation shares his insights
Alex Bornyakov, the Deputy Minister of Digital Transformation of Ukraine also made an appearance at the Summit.
As Ukraine fights the war against Russia, it has received millions of dollars in donations from the blockchain community. Instead of paying in fiat currency, they donated crypto coins and NFTs to Ukraine’s government’s crypto wallet to fund the country’s defense. Since then, Ukraine has become pro-blockchain and has been making progress for mass adoption of crypto and Web3.
At the Blockchain Economy Istanbul 2022 Summit, Bornyakov shared his thoughts on the ‘How Does Ukraine Plan to Position Itself as a Powerhouse for Crypto Innovators in the Future?’ session. The minister talked about the importance of crypto regulation around the world, how Smart legislation could enable countries to incentivize businesses to pay taxes, and how to build market trust.
Other speakers and highlights
Other than Saylor and Bornyakov, many other speakers also shared great insights on the blockchain. Some of the personalities who talked at the conference include:
- Lou YU, Head of KuCoin Labs
- Carl Runefelt, Entrepreneur
- Türker Balkar, Turkey Advisor at Gari
- Eren Özkan, VP at Mastercard Turkey
- Burak Köse and Ceylan Arslan, co-founders of Uzmancoin
- Alexander Hoeptner, CEO of BitMEX
- Hilal Baktaş, member of CryptoFemale
- Fuad Fatullaev, CEO of WeWay
And many more.
Many blockchain companies also posted their corners at the conference venue, so attendees could familiarize themselves with their platforms, giving opportunities to startups to attract users.
The conference ended with an award ceremony where sponsors were awarded for their participation at the Blockchain Economy Istanbul Summit 2022.
The event was a successful wrap-up with a thrill and excitement in the air of what’s about to come in the third and fourth quarters of 2022. As the NFT and crypto market struggle to keep prices up, the growth aspect of the industry is in boom and the Blockchain Economy Istanbul 2022 Summit proved it all.
Sponsored by Gari and other well-known companies, Blockchain Economy Istanbul 2022 Summit ended with positive aspirations that the world is headed towards. After the Istanbul Summit, Blockchain Economy is now headed toward Dubai in October 2022.
For more information on Blockchain Economy Istanbul Summit 2022, visit the official website: blockchaineconomy.istanbul.