DREP in Seoul | DREP Attended Huobi Eco Meetup and Closed-door Meeting
South Korea’s recent blockchain benefits:
● The government will invest 5 trillion won (about 4.4 billion US dollars) for the “innovative growth” plan;
● In July this year, South Korea established the Financial Innovation Bureau;
● In 2019, the total investment in big data, artificial intelligence and blockchain will exceed 1 trillion won.
On October 28th, DREP attended Huobi Eco and WXY Meetup in Seoulas Huobi Eco’s investment portfolio. DREP’s co-founder Momo was invited to deliver a speech and introduced DREP’s latest BD achievements in Australian market and fruitful research outcomes in our focused field of data security including secure multi-party computation, distributed private key management, etc. After the speech, Momo and the head of Huobi Eco exchanged ideas on DREP’s approach and progress in serving the digital economy and the transformation of real-assets economy.
The next day, DREP’s founder Momo was invited to the closed-door meeting of the Huobi Eco held at the Huobi Korean Office. At the beginning of the meeting, Wang Run, the head of Huobi Eco; Chen Si, the eco-investment director of Huobi Eco and Jia Xiaoyi, the investment manager of Huobi Eco, shared the investment strategy of Huobi Eco. The responsible personnels of the exchanges, markets, and investment departments of Huobi Eco Korean office, shared experience on two major topics “How to Help Huobi Eco Investment Portfolioto Receive Fundsin Korea” and “How to Help Huobi Eco Investment Enterprises to Secure Cooperation Businessin Korea”. DREP as Huobi Eco’s portfolio representative, our co-founder Momo shared DREP’s real-hand experience in the technology service serving the real economy together with other Huobi partners.
During the trip to South Korea, DREP also held a Meetup for the developer community in Seoul, together with SKKONE from Sungkyunkwan University and BLIKH from KyungHee University. DREP CMO Belinda introduced DREP CSR activities including DREP Signal Lab and ecosystem deployments. During the panel discussion, Momo and Belinda shared some career advice and industry insights to these young, aspiring developers.
After that, DREP’s co-founder Momo and CMO Belinda were interviewed by HKBnews. Momo commented that, “DREP is actively entering emerging markets such as Australia or the Middle East to find better enterprises to deploy our technology services. Currently in the Australian market, some leading Internet platforms have decided to use DREP tokens to pay for platform services.” Belinda also mentioned that, “So far we have more than 30 members in the DREP ecosystem, including IP protection, identity verification, and DAPPs with existing user base and traffic. Now we are tapping into the Korean market as well since an increasing number of Korean enterprises are looking at transition into Blockchain, which is where DREP can be of great usage.”
In the last article about DREP Strategy, DREP’s co-founder Momo published an article about DREP strategy in Australia and insights in Australian blockchain market research. The article elaborated on DREP team’s trip to Australia and featured some tips and experience in developing Australian market from the perspectives of politics, economy, business, and community. Hopefully we will see DREP’s strategy in Korea very soon.
(Link to last publication: https://medium.com/drep-family/drep-strategy-why-we-target-australia-amongst-all-the-rising-blockchain-markets-636962a8db3f)
ABOUT DREP Foundation
DREP Foundation is devoted to building a performance-oriented technology infrastructure supporting high transaction capacity for an ecosystem generating valuable reputation data. Focusing on two industry pain points: lack of user adoption and low transaction throughput, DREP Foundation aims to provide highly scalable, modular blockchain architecture for deployment of a reputation protocol that any types of platforms can use.
DREP envisions a global plan to empower a wide array of platforms to have tokenized reputation ecosystem deployed on top of DREP Chain, which is secure, scalable and reputation data supportive.
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