Blockchain and Bitcoin Conference to be Held in Thailand

The event will look at the current condition of the cryptocurrency and blockchain world as well as answer the core question of how to earn on these things
02 March 2018   470

Blockchain and Bitcoin Conference will take place in Bangkok Thailand on March 6, 2018, uniting the conference, exhibition area, the newest products and trends in the blockchain industry in one event.

The event aims to provide participants with the full picture of the current condition of the cryptocurrency and blockchain world as well as answer the core question: how to earn on these things.

Location: Pullman Bangkok Grande Sukhumvit, Bangkok, Thailand
Date and time: 09 AM - 6 PM, March 6, 2018

The Blockchain and Bitcoin Conference will involve professionals recognized by the global fintech community: financial experts, bankers, entrepreneurs, traders, blockchain developers, lawyers, analysts and investors.

In a course of the conference, Joseph Tsou, Managing Director at BlockEx will talk about basic concepts of blockchain technology and review cryptocurrency, trading, investments, and ICO. Moreover, Vladislav Sapozhnikov, Co-Founder and CEO of Deex.Exchange, will present the speech "Decentralized Ecosystems using BitShares blockchain is the future of Blockchain technologies".

Crypto Exchange White Label Service launched by OKEx

OKEx, one of the biggest exchanges in the world, has declared the run of a crypto exchange creation programme ‘Digital Asset Exchange Open Partnership Program’
20 June 2018   73

The announcement claims that the programme is intended to “nurture a new generation of digital asset exchanges”. To establish a new crypto exchange, interested parties have to provide OKEx with a domain name, logo, and specialties of the management team. They are assured to possess “solid industry experience, quest for service excellence, and strong industry influence.”

Applicants should also deposit 500,000 OKB tokens into their accounts. This equals around $2.5 million at the present rate, according to OKB is a utility token that were first sold in March of this year in packages of up to 100, each costing $100. They can be applied to settle transaction fees on the exchange and traded for Bitcoin, Ethereum and Tether.

The applicants will get access to OKEx’s fitting system (which links up buy and sell orders), cold and hot wallets (offline and online cryptocurrency storage), clearing system (which handles money transfer), client support system, and know-your-customer and anti-laundering systems. They will also get support from the OKEx technical team.

100 places are suggested by the programme in its first phase. It is anticipated to start in July. The announcement also points out the setup that the new exchanges must have. They will develop their own native tokens, and distribute them as follows:

  • 25 percent to themselves;
  • 24 percent to OKB holders;
  • and 51 percent to be mined.

OKEx explains the mechanisms by which the tokens will be mined/released. The term white label was firstly invented in the music industry - a white label vinyl record was a release so new that it had not yet been labelled, a much sought-after thing. Presently it cites to a service or product manufactured by one company and sold to another for re-sale under a different brand name.