Indonesia Blockchain Week 2022 Officially Begins, DeFi Becomes the Focus of Discussion


The annual Indonesia Blockchain Week (IBW) 2022 event officially started last night. Tuesday, August 18, 2022, and witnessed by more than 2,500 participants during the opening ceremony. Hosted by Tokocrypto, this year’s IBW feels a little different. Because it is held virtually for a week with a webinar concept and can be witnessed not only by the Indonesian people, but also by the public from all over the world. This time, IBW specifically discusses Decentralized Finance (DeFi), which is an open monetary/financial system built on blockchain technology.

The opening ceremony itself was held at 19.00 WIB and can be watched through Tokocrypto’s social media accounts such as YouTube, Facebook, and Twitter. IBW 2022 will also be attended by several distinguished guests, such as Pang Xue Kai as CEO & Co-Founder of Tokocrypto, Changpeng Zhao (CZ) as Founder & CEO of Binance, Joselito Lizarondo as CEO & Founder of Swipe, and Justin Sun as CEO & Founder of Tron.

Pang Xue Kai, CEO and Co-Founder of Tokocrypto said that this event aims to introduce blockchain technology, especially related to DeFi (Decentralized Finance), to the wider community so that its benefits and convenience can be enjoyed by all levels of society.

“Decentralized Finance or a decentralized financial system has often been the talk of the blockchain world this year. Seeing how this technology can provide financial solutions for everyone including those without access to banking facilities makes us want to dig deeper into DeFi. We believe that DeFi can bring more opportunities and advancements that are certainly beneficial for entrepreneurs and governments alike.”

Kai said.

IBW 2022 event will last for 1 week

For a whole week, the IBW 2022 conference will discuss and introduce about DeFi and its benefits and uses, peer to peer lending with crypto assets, how to earn extra income from staking and saving crypto assets, payment systems and transactions on the blockchain, how to manage crypto assets using wallets. mobile, the difference between decentralized finance and traditional financial systems and many other interesting discussions.

Indonesia Blockchain Week is hosted by Tokocrypto with Binance, and is supported by Swipe, Syntethix Network, Aave, Tezos Foundation, Switcheo, Kyber Network, Trust Wallet, Waves, Coinmarketcap, Harmony, and Bidao, as well as many community and media partners.

In addition to discussing interesting topics around blockchain technology and DeFi. There are many programs with attractive prizes up to a total of tens of millions of rupiah that can be obtained by webinar participants who meet certain criteria. This event lasts until August 27, 2022, free and open to the public.

Tokocrypto Introduces First DeFi Initiative: Toko Token

On this occasion, we also celebrate the 75th Indonesian Independence Day celebrations. Tokocrypto is proud to announce the presence of Toko Token (TKO) as its first DeFi initiative.

Announced by Kai in his speech last night. Toko Token will initially be present as a reward system for customers who join Tokocrypto and share their affiliation with other customers. Where each owner and user of the affiliate code, will get 75 TKO.

The Toko Token referral program is expected to start at the end of August 2022. Other DeFi functions such as staking, savings and lending will be further introduced into the TKO ecosystem.

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