Unitize Conference Covers Ground, Mulls Blockchain Adoption and DeFi

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Retail and enterprise blockchain adoption trends dominated the discussions on days three and four of the ongoing virtual conference Unitize, organized by BlockShow and San Francisco Blockchain Week and sponsored by crypto derivatives exchange ByBit.

The key topic that dominated discussion was blockchain adoption, which continues to spread across the globe, with governments and corporate establishments developing solutions based on distributed ledger technology.

Exploring the blockchain development landscapeSpeaking during one of Wednesday's panels at the conference.

Yi Ming Ng, a member of the Tribe Accelerator project in Singapore, and Marloes Pomp, a blockchain consultant with the Dutch government, shed light on the emerging landscape of the novel tech in Singapore and the Netherlands.

Ng and Pomp revealed initial reluctance from different quarters toward pursuing blockchain adoption.

For Pomp, the Dutch government was not keen on considering blockchain adoption back in 2016.

Both panelists revealed that the initial blockchain apathy soon gave way to serious considerations about adoption.

According to Soh, apart from Switzerland, Singapore dwarfs European countries in terms of blockchain adoption.

Enterprise blockchain adoptionSince its inception, blockchain has been linked with disrupting global finance, and this trend is reportedly developing in the Asian markets.

Sheila Warren, head of blockchain at the World Economic Forum, also echoed similar sentiments during her appearance at Unitize on Wednesday.

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