We have had the privilege to present INLOCK at the most relevant innovation forum in Eastern-Central Europe. The patron of the event is the Foreign Office and it was held for the 5th time this year.
The conference was hosted by Várkert Bazár, and major influencers of the political, economical scene were invited from the Visegrad Countries.
This year’s guest speakers included, among others, Péter Szijjártó, Minister of Foreign Affairs; Balázs Rákossy, State Secretary for the Use of EU Resources of the Ministry of Finance; Jamie Shea, Deputy Secretary General of NATO’s New Security Challenge; and Matthew Evans, Managing Director of TechUK.
We held our presentation right after the Google workshop, and despite nearing the end of the Event, many stayed for our Blockchain, Cryptocurrency and P2P Lending presentation. It’s a tradition for us to ask the audience prior to the presentation: how many of you have heard about Cryptocurrencies and Blockchain before? And since we are doing this regularly for many months now, its truly refreshing to see more and more hands raised.
Of course, the main topic of our presentation was volatility and what can be done about it. Quite a few people among the audience have already tried trading to a certain extent, some of them even approached us after the presentation to ask our opinion about the most recent market shift. We explained use cases in which cryptocurrency used as collateral can come in handy: managing temporary liquidity problems by placing coverage and get a loan instead of selling them might easily be a better, more educated solution. INLOCK is all about providing customers with options, to be more prepared to handle real-life problems.
It was a wonderful event, although we couldn’t stay until the closing ceremony the conclusion is that there are many great young minds out there, and governments seem to realize that supporting innovation is key; it is going to be interesting to see what is possible in the future.