IronX is Proud to Sponsor the First GFIS Innovation Summit

IronX is Proud to Sponsor the First GFIS Innovation Summit

IronXExchange
IronXExchange
Published in
3 min readJan 22, 2019

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The first GFIS-Global Financial Technology Innovation Summit was held in January 8–9th, 2019.

The main idea of the event is to expand the world’s view on blockchain technology’s applications and its implementation in international business spheres. Experts from different countries and industries were representing the latest developments and concepts of the blockchain technologies during those two days.

GFIS agenda included an expert`s discussion forum and the blockchain projects exhibition; the summit also acted as a platform for the development of promising business partnerships.

IronX at GFIS Innovation Summit

IronX is always looking forward to supporting such kind of events to encourage the broad adoption of crypto and extend the knowledge about innovative technology processes.

Yuki Terai, IronX Director of Sales — Japan, had an opportunity to deliver the presentation during the event with the subject “Bridge between Traditional Finance and Blockchain”.

Mr Terai shared his expert opinion about what the future holds for the blockchain technologies in the international financial and trading spheres. Mr Terai explained the insights of the traditional finance industry and its further adoption with the latest blockchain applications.

“Why do societies now tend to be cashless? Nowadays, human relations are becoming more and more complicated and alienated. We must create common economic globalisation and transaction simplification. At the same time, the regulation process must be developed and extended,” stated Yuki Terai.

Mr Terai is one of the experts who is following the blockchain development from its very beginning. This process coincides with the cryptocurrencies world adoption. The crypto market is extending today, even though there were plenty of concerns about its regulation & liquidity, contributors are still curious about this promising industry. Mr Terai is sure that proper regulation is the primary solution which crypto exchanges require in order to ensure the safety of the potential contributors. IronX Exchange is already regulated by the Estonian FIU and successfully passed the security audit process by the leaders of the blockchain security Hosho and Hacken.

According to the latest reports, crypto exchanges and crypto-assets are mushrooming around the world, and it is only a matter of time until people will become cashless, considering more secure methods of holding money. There are currently 2,050 encrypted digital assets available for sale with a market capitalisation of approximately $20.8 billion. “Today, we can use a digital ledger, secure peer-to-peer, confidentiality. Everyone tends to use bitcoin. The society is becoming more and more cashless. I believe that the blockchain has a better future,” shared his opinion, Mr Terai.

Advanced security, faster transactions, lower fees are the main advantages of blockchain technology. IronX Exchange was created to ensure the direct access to all of these advantages. Having the solid backing of the global multi-asset broker IronFX Group, the exchange will allow straightforward access to a unique ecosystem which is combining the required instruments for both traditional and crypto trading. Together with exclusive benefits offered to IRX token holders, IronX will allow both fiat and crypto funding methods to offer advanced flexibility to the novice and expert traders. Discover more advantages of the IronX Exchange at www.ironx.com

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IronXExchange
IronXExchange

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