North Korea announces first blockchain and cryptocurrency summit

November 22, 2018
Darya Karatkevich

North Korea plans to welcome investors and crypto fans to its first blockchain and cryptocurrency conference.

Blockchain summit

In April of 2019, North Korea will host its first public blockchain and cryptocurrency conference. Bringing together the minds of international experts, the summit isn’t just intended to share knowledge, establish connections and explore business opportunities, but is also dedicated to fun and exploration. For instance, this seven-day conference will include skating, shooting, shopping, bowling, and a trip to Daedonggang Beer Factory.

If you a crypto fan or inspiring investor, you can attend the conference for $3300 euros. This all-inclusive price will allow you to hear industry experts and explore Pyongyang. Although this event welcomes the public, it’s important to be mindful of the free speech restrictions and matters of security. The Korean Friendship Association site warns all mass printed or digital material that opposes the dignity of the republic will not be tolerated. Additionally, journalists and citizens from Israel, Japan or South Korea are not allowed to attend.   

The event was put together thanks to the efforts of blockchain and crypto experts, Alejandro Cao de Benos and Chris Emms, to name a few. Even though the conference marks a historic milestone for North Korea, it remains unclear whether or not the motive of the regime is to decentralize technology and bypass the U.S-imposed sanctions, or just try to impose their reputation as an emerging technological powerhouse.

Post written by Darya Karatkevich
Darya is a blockchain market observer with 5+ years of experience as an author and editor for major tech blogging platforms. Her fortes are blockchain technologies and solutions, cryptocurrencies and crypto-related regulations.

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