Nikkei’s Global Digital Summit 2019 in Tokyo & Tokyo Fintech Meetup #47 @ BinaryStar “Cardano with Charles Hoskinson”
This is a recap and short impression about what events were held and attended to on June 11th 2019 in Tokyo.
On June 11th, Charles Hoskinson, CEO of IOHK, attended the Nikkei Global Digital Summit, where the Fintech industry’s leaders came together to discuss regulations that will foster a cashless society. The event was sponsored by Nikkei Inc., The Ministry of Internal Affairs and Communications.
At the Summit, Charles talks about an important necessary step toward a cashless society and having an open conversation about the future of money, including how to comply with different laws and regulatory changes in different countries. The panel of industry experts also discussed privacy and ownership concerns surrounding fintech and the vast flow of data that the sector is creating. Panelists representing leading fintech companies in Japan included: Yosuke Tsuji, representative director and CEO of Money Forward; Yoshiki Yasui, founder and CEO of Origami; and Takashi Okita, CEO of SBI Ripple Asia.
The event was live streamed, however only available in Japanese language. Watch it here:
(Please note: video will be made available at a later stage here: https://channel.nikkei.co.jp/e/2019061011digital)
Read more about the Nikkei Global Digital Summit 2019 here.
That same day Charles also visited Rakuten’s office and ran into a Cardano fan at their office!
And last but not least, an interview with the Nihon Keizai Shimbun, running overtime…
…but always willing to go the extra mile and answering and promoting the Cardano ecosystem.
On that same day, there was another event held in the evening hours. This event was held in the heart of Tokyo, at a place called BinaryStar, Japan’s largest blockchain & business hub. Charles joined this meetup to provide a keynote speech that introduced the Cardano’s protocols, its sidechains research, and how to verify transactions on NiPoPoWs (Non-Interactive Proofs of Proof of Work). Charles also stressed the project’s focus on formal methods and semantics, as well as how Plutus and Marlowe were created from these rigorous approaches.
Charles touched on the details about the various stages of development of Cardano. And while seen as a disadvantage by some, Cardano is currently moving at the speed of academia, which takes way more time than other blockchain projects. However, it is important to focus on the goal of creating a solid foundation for a long lasting (financial stack) system, rather than price or short-term gains.
A comparison was made between the trust for other applications, such as banking services, trains, cars and other systems that are a big part of our daily lives. We don’t know all the people making or maintaining these systems, yet we trust them. The same will apply to blockchain and cryptocurrencies in due time.
During the Q&A session at this meetup, Charles answered questions regarding other projects and cryptocurrencies, DAGs, and how important land registry & identity management using blockchain is. Charles also briefly touched on the air quality pilot project IOHK is working on in Mongolia and how this pilot can help introduce new industries and areas they could possibly explore for innovation.
The event organizer at BinaryStar, also wrote a short blog post with recordings, which can be read and viewed here.
Thanks for all the hard work, and thanks to all who attended, it was a fun day and a full house!