Korean love coffee shops.  You can’t walk a block in Gangnam without seeing one.  Some even have special themes, like bookstore coffee shops, cat coffee shops, and even VR coffee shops.  However, the newest and most innovative café on the block is the new DeCentre blockchain cafe.  Seoul has always had a fever for crypto.  Why not combine Korea’s two favorite passions?

The DeCentre blockchain café, located in the heart of Gangnam, offers a space for crypto-enthusiasts to come together, share their knowledge and get updated on the latest blockchain news.

Despite the Korean government’s conservative views on blockchain technology, young people have been quick to adopt cryptocurrency and have a keen interest in ICO projects. Thanks to the DeCentre Blockchain Café, customers may even be able to pay for their iced americanos using cryptocurrency- a breakthrough for blockchain industries in Korea.

Many blockchain skeptics complain that the currency has no real life use. Projects like this blockchain café are important for promoting mass adoption of cryptocurrency.  As well as giving it real, concrete value. Even world-famous coffee-chain, Starbucks, plans on accepting Bitcoin as payment in its stores soon.

Professional Blockchain Accelerating/Marketing Company

When they’re not opening coffee shops, DeCentre acts as a professional blockchain Accelerating and Marketing company. It’s renowned in Korea for being made up of some of the country’s most experienced blockchain business experts. The company creates marketing strategies for cryptocurrencies, pre-sales, ICO and global promotion. Their work has been praised for helping to create synergy and community by linking businesses in blockchain.

DeCentre provides guidance on the basic guidelines for ICO preparation.  As well as, consults businesses on their initial token issue and allocation structures. They are also affiliated with global legal firms with experience in ICO.  Therefore they can give legal guidance to companies going through this vital procedure.

The DeCentre SMO, Mike Noh said:

“DeCentre Blockchain Cafe was started as the first blockchain cafe in Korea, allowing both crypto beginners and experts to learn more about blockchain technology from one another. Our café also provides information about blockchain technology and current status of markets.”,

“DeCentre plans to set up ATMs to exchange cryptocurrency into cash, provide education on blockchain and cryptocurrency, interact with companies, and provide ample networking opportunities.”

DeCentre is particularly well known in the Chinese cryptocurrency exchange scene. They are currently expanding their business globally by signing strategic partnerships with global cryptographic exchanges like CoinBene and BitForex.

“We opened ‘DeCentre BlockChain Cafe,’ an offline platform of DeCentre. The slogan of DeCentre Blockchain Cafe is ‘Meet Here’, and we expect many people to change the world by sharing information and creating communities through blockchain technology.” said David Lee, CEO at DeCentre

As for us, we’re excited to hear more about the future of Korea’s first blockchain café, and hope to see this trend continue around the world!

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The first edition of Blockchain Open Forum Seoul closed on Friday June 29th.   Heads were up high about the future of blockchain, not only in Korea but globally.

The 2-day event which opened on Thursday, June 28 at GS Tower AMORIS in Seoul.  It brought together world-class thought leaders and expert speakers from across the blockchain and cryptocurrency ecosystem.

The event was hosted by TokenPost and EconoTimes.  The 2018 blockchain Open forum aimed at highlighting the successful and innovative blockchain cases.  Furthermore, it offered valuable insights into the technology. In addition, it provided opportunity for firsthand companies and ICOs to network and explore opportunities into the future of blockchain.

TokenPost is a leading provider of news on distributed ledger technology and strives to keep readers abreast of latest trends and technology developments in the blockchain industry. They provide up-to-date information from several sources to deliver objective news with creative perspectives.

Participating Companies and Speakers

There were hundreds of participants from more than 50 companies.  Some of the companies included were from Binance, Ripple, Xurpass, Bitfury, Evercoin, Strong Ventures, AZIZI, Soso Lab, GBIC, #HASHED, BTC China, Gumi, Shuttle, CoinStreet Partners, BitHolla, HMP Law, Cumberland Mining, iCO Crowd, Alt.Estate, KSoP, Korea Social Investment, DDEX, MONACO, Satori, Ponder, Investing.com, Giving Ledger, Block Info and more.

Speakers shared their views on the topics about decentralized exchanges, tokens in entertainment, fintech, crypto regulations and blockchain in media. Speakers and panelists included Brock Pierce from Bitcoin Foundation, Tim Draper from Draper Associates, Nix Nolledo from Xurpass, Sonny Kwon from TokenPost, Josh Fraser form Origin Protocol, Daniel Eom from Foresting, Ben Jodan from Stylo, Bowen Wang from DDEX and others — answered the hot questions in a warm discussion.

Foresting HQ

Daniel Eom, who is recently receiving much attention and expectation, introduced Foresting. Foresting is a business model that can generate primary revenue from the content itself.  Unlike the existing Social Medias that have to rely solely on advertising revenue. It is said to have secured a competitive edge by complementing the shortcomings of SteamIT, which is called the first-generation block-chain platform.

“Foresting is a blockchain-based SNS platform that will open up a new world. It will make content more easily and faster than the existing SNS, and will increase the efficiency and influence of content providers to produce better contents.” With the help of blockchain technology and new social media we will create a new ecosystem through the operation of tokens. “

Foresting HQ won 3rd place at the 2018 Blockchain Open Forum Blockchain Project Pitch Competition.  Therefore, on this day, Foresting was noticed by the global blockchain world.

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The Electronic Times, Korea Software Industry Association and DeCentre co-hosted the the summer blockchain event on June 21 at the Grand Conference Room in COEX. The mission of the event is to touch the the present and future prospectives of blockchain. Cryptocurrency and blockchain are the central technology of the 4th industrial revolution.

In the forum, Korea University Professor Kim Hyung-Joong, DeCentre CEO Lee Dong-Hyeok, Foresting HQ CEO Daniel Eom, Borabit CTO Kang Dae-Gu and Director Kim Jae-Pil from Jienem shared their opinions with brief presentations.

B21 CEO Simon Pearson, Park Song-Ho from Bingo Music held speeches on crypto space. Later in the seminar they introduced blockchain-based business models in terms of SNS, distribution and entertainment. Despite a series of long lectures, more than 200 blockchain enthusiasts attended the scene with an active participation.

Discussion on the blockchain prospectives

Kim Hyung-Joong, a professor at the Graduate School of Information Security of Korea University, had a chance to look at the history and future of cryptocurrency.

“In the near future, we will see people to win the Nobel Prize for their encrypting skills”,

he said with optimism about the industry’s potential for development. With a high probability, a variety of services based on cryptography will dramatically change our lives. Additionally, he defined the cryptography as a ‘bank’ per se.

“This is because transactions can be made without having to go through a bank by using a crypto applications. Currently, there are about 2 billion people in the world who do not have an access to banks. Crypto coins can give them a chance to trade. Moreover, a blockchain economic system is also a positive factor. “

On the other hand, there are tasks to be solved. In particular, there have been cases where the government failed to disclose ICO. Kim said,

“Since the market is still in its infancy, there are a few cases of conflicts with the related laws.”

Lee Dong-Hyuk, CEO of DeCentre, explained about crypto fund, a fast growing trend in investment sector. Crypto fund is a fund that designed for directing the capital towards companies that seek to attract investment in the ICO market. Crypto funds reduce the risk while investing in ICO. Lee also described how investors can have discount priority and can analyze their investments more closely.

“The perception of the encrypted currency is gradually changing into the concept of stocks. This indicates that there would be a stable process in current markets that were overheated earlier. The emergence of crypto funds is a vital part of this process“.

New Generation of social network platforms

CEO Daniel Eom introduced Foresting HQ, a social networking platform based on the decentralized blockchain. Unlike previous social networking sites that have to depend solely on ad revenue, this concept is a brand new business model. It can generate primary profits through uploaded contents. Steemit claims as the first generation platform of blockchain technology. However, Foresting has secured its competitive edge by overcoming the weaknesses of Steemit.

Kang Dae-Gu gave a quick introduction upon the innovative trading model CoinDTS developed by Borabit. It is the first HTS transaction solution in South Korea that enables more than 120 altcoins. 

Kim Jae-Pil proposed a business model that applies blockchain system to travel industry.  He explained,

“By combining blockchain with travel industry, we will be able to provide consumers with unique experiences and information that is more reliable than ever.”

In the later sessions of the event, Simon Pearson drew attention by introducing an encryption asset investment model. Park Sung-Ho, Head of Bingo Music Team, presented a model for sound distribution based on blockchain. Bingo Music is going to be launched next year with a solution to the transaction transparency and copyright issues of the existing music platforms.

The post Bit Forum 2018 Summer – A New Future for Blockchain appeared first on Startup Radar.

Foresting and Decentre arrived in New York for Consensus 2018 to expand their global partnerships and networks.  Korean ICO startup Foresting is one of the hottest new Blockchain companies.  Their are looking to develop a SNS blockchain platform that truly benefits the content creators.  In addition, they are also going to incorporate a credit rating banking system and a crypto foundation for social change.  Decentre is their main Blockchain advisor.  They specialize in token creation, international marketing, and Blockchain technologies.

Consensus 2018 is the best place to expand their global network.  The conference in New York has brought leaders and innovators in the crypto/Blockchain space into one location.  Furthermore, the attendance has passed 8,500 and could reach 9,000 when it is all said and done.  This is impressive considering some tickets are going for over $2,500.

Forming Global Partnerships and Networks

Both Foresting and Decentre have expanded their network to include Wachsman which is the world’s largest blockchain PR agency, ICO consultant firm Identity Mind Global, global currency platform Intercoin, Crypto trading exchange Kraken, Security Solutions company DSC, digital currency bank Bitbank, e-card solutions company FuseX, and that is just DAY 1!

“I am very happy to attend Consensus 2018, Decentre wants to expand our global reach and our marketing network outside of Korea. ” Mike Noh CMO at Decentre

It is great to see Korean companies getting out of Korea to expand their network.  This will be key for ICO Korean startups like Foresting.  If they want to be a truly global company they will need to go to many of these international Blockchain conferences and grow their partnerships and networks.

There was a large presence of Korean ICO companies at the Consensus 2018 conference.  Therefore this goes to show that Korea is very much interested in being the innovators in this space, as well as early signs that it is very likely that ICOs will be back in Korea.  In addition, the Korean government will be more open to allowing ICOs and crypto exchanges moving forward.  This will of course depend on the Korean elections on June 13th.  Therefore after the elections there will be a clearer picture as to the road for token sales in Korea.  Furthermore, if it is allowed back, there will be a mass influx of ICO companies looking to get into the Korean market.  Foresting and Decentre are trying to stay one step ahead of the game and so far they are doing a great job.

The post Foresting and Decentre Expand their Networks Outside of Korea appeared first on Startup Radar.

A Blockchain Social Media platform FORESTING signs MOU with DèCentrè a Global Blockchain Expert Group.  Daniel Eom the CEO of Foresting and Sean Hong the CEO of DèCentrè signed the partnership on Thursday (May 3rd, 2018).

The Foresting network consists of three pillars for their platform.

1.  A blockchain based social media platform called Foresting.
2.  A digital banking service for Foresting participants called ‘FORESTING Bank’.
3.  Lastly, the FORESTING Foundation which will support the FORESTING Community to enable social change through FORESTING donations.

In their goal of making this network, they have partnered with DèCentrè who’s main mission is to help companies with Blockchain technologies.

DèCentrè specializes in many services which include:

1.  Consultation in token creation.
2.  Cryptocurrency international marketing.
3.  Presale strategies.

DèCentrè will be FORESTING top Blockchain consultant and advisor and should help them with not only the technical side of the network but also the FORESTING Foundation marketing and creation.

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