[Announcement] Dunamu’s Upbit Developer Conference 2020 Comes to a Successful End

- Five-day online conference featuring the theme of ‘return blockchain * future; (Solving the Future with Blockchain)’ was broadcast on YouTube
- UDC solidified its reputation as the preeminent global blockchain conference with over 3,000 pre-registrations and around 9,000 total views
- UDC 2020 featured insights from global blockchain experts including Dunamu CEO Sirgoo Lee and Nobel Peace Prize-winning UN World Food Programme
- The event also focused on key 2021 trends CBDC and DeFi, as well as regulatory issues

[Seoul — December 4, 2020] The Upbit Developer Conference 2020 (UDC 2020), hosted by Dunamu Inc. (CEO Sirgoo Lee), came to a successful end today after five days of in-depth sessions geared towards blockchain developers.

Due to the global pandemic, the third annual Upbit Developer Conference was organized as a free online event, broadcasting daily content form November 30 to December 4. Under the theme of ‘return blockchain * future; (Solving the Future with Blockchain)’, the event featured insightful presentations and discussions from blockchain experts from around the world. With over 3,000 pre-registrations and around 9,000 total views (as of Day 4), UDC solidified its reputation as the preeminent global blockchain conference.

UDC 2020 kicked off with an opening session featuring Sirgoo Lee, CEO of Dunamu. Lee described UDC 2020 as an opportunity to “Highlight the continuing evolution of online technologies even as our offline activities are greatly reduced”. He also shared his thoughts on the impact CBDC (central bank digital currency) and DeFi (decentralized finance) will have on the global financial industry, and how blockchain technology will revolutionize our daily lives.

In line with this year’s theme, UDC 2020 offered a comprehensive look at the future of blockchain technology as well as the industry’s outlook for 2021. On Day 1, Edgardo Yu of the 2020 Nobel Peace Prize-winning United Nations World Food Programmme (WFP) detailed the role blockchain is playing in reducing world hunger in his opening keynote titled “A WFP Technology Industry Engagement and Partnership Strategy for the Republic of Korea”.

In expert sessions focused on key blockchain trends for 2021, Christopher Giancarlo, Senior Counsel for Willkie Farr & Gallagher, and Hong-Kyu Lee, CEO of Unchain, shared their thoughts on the potential impact of CBDC and overviews of their respective projects. Regarding the growing DeFi market, Gustav Arentoft, Business Development Representative in Europe for the Maker Foundation, and Eric Yoo, CSO of DXM, provided valuable insights on the current and future state of the industry.

UDC 2020 also focused on major policy-related issues. A panel discussion moderated by Goo-Soon Lee, deputy director of the Financial News Blockchain Team, tackled “Regulatory Challenges Facing the Blockchain Industry in 2021”. Panelists Jong-Soo Yoon, a partner at the law firm Lee&Ko, Joon-Kee Hong, Head of Asia for Cumberland DRW, and Ji-Hoon Lim, CSO of Dunamu, shared their perspectives on how upcoming legislations will affect various parts of the industry.

On the final day of the conference, UDC revisited with presenters from last year to hear about their latest progress and achievements. Jong-Yoon Kim, CEO of Online & Offline Business at Yanolja, Jay Park, CEO of Lambda256, and Dr. Leemon Baird, Co-Founder & Chief Scientist of Hedera Hashgraph, provided updates on their major blockchain projects and outlined their plans for 2021.

“This year’s UDC 2020 covered not just the technological aspects of blockchain, but also its real-world applications and significant regulatory issues,” said Sirgoo Lee, CEO of Dunamu. “Once some of the regulatory hurdles are removed, we expect blockchain will bring tremendous innovation to our day-to-day lives.”

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