Blockchain technology thrives on decentralization, yet the gathering of 17,000 attendees at Korea Blockchain Week highlights a persistent human connection even in a digital realm.
Despite advancements in layer-2 blockchain technology resolving issues of speed and cost, real-world application remains a concern as the crypto community awaits practical use cases.
Simon Kim of Hashed emphasized that the expectations for real application content in the blockchain space have increased significantly, indicating a gap that needs to be filled by innovators.
With the looming uncertainty of regulations in light of U.S. elections, participants at the event reflected a mix of enthusiasm for blockchain’s potential and apprehension about its future.
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