Insights from the Director of the World Blockchain Summit
Sharath Kumar's Journey into Blockchain
Sharath Kumar, the director of Trescon, has carved a niche in Sales and Business Development within the event organization sector. His foray into the crypto space began in 2017 with the Blockchain Business Conference, leading to the inception of the World Blockchain Summit. Kumar's enthusiasm for blockchain stems from its potential for exponential growth, which he aims to foster through networking and community building.
Pioneering the World Blockchain Summit
Kumar has been instrumental in expanding the World Blockchain Summit to 11 countries, overcoming challenges such as the initial lack of awareness about blockchain technology. Despite regulatory uncertainties and market fluctuations, the summit has successfully attracted industry experts and over 30,000 visitors globally.
Dubai: A Blockchain Hub
Dubai's commitment to blockchain technology positions it as a leader in the sector. The city's supportive environment has attracted numerous crypto startups, making it a significant player in the global blockchain landscape. Kumar notes Dubai's rapid progression, surpassing expectations and even outpacing some developed nations.
The Importance of Community Building
Building a strong community is vital in the crypto industry as it fosters trust and adoption. A well-established community can mitigate misinformation and support the spread of accurate information. Events like the World Blockchain Summit offer emerging projects a platform to gain visibility and connect with potential investors and partners.
Future of Blockchain Technology
The potential of blockchain extends beyond finance, with applications in supply chain management, identity management, and voting systems. Kumar envisions a future where blockchain significantly impacts various industries, bolstered by advancements in AI and IoT.
The Role of Regulation
Regulation plays a crucial role in the adoption of cryptocurrency, ensuring protection against bad actors. Kumar emphasizes the importance of collaboration with government entities to foster a conducive environment for blockchain growth.
Trescon's Vision and Future Projects
Trescon plans to expand its reach into new markets like the UK and North America, with upcoming editions of the World Blockchain Summit. Their mission is to connect founders with investors and support the growth of web3 technologies, leveraging strong industry relationships to drive innovation and adoption.
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