January 31, 2021 — Every person you ask will say the same thing: 2020 is unlike any other year.
The cryptocurrency industry felt the full brunt of the pandemic, as evidenced by the March 2020 crash. Nine months, one Bitcoin halving and a couple of institutions later, the industry sees a resurgence in interest brought about by Bitcoin hitting and breaking the psychological all-time high at $20,000 and reaching a new one of $42,000.
What is the 2020 Year in Review?
BitPinas sought the opinion of key crypto and blockchain leaders/influencers in the Philippines and abroad on what they think about 2020 in general and what they look forward to in 2021.
What does your organization do and what is your role in it?
Ken Berey: We are Blockchain Network Philippines, a small agency specializing in Community Management, Guerilla Marketing, Public Relations, Social Media Marketing, Search Engine Marketing, and more. We also provide useful information for everyone who are interested in Cryptocurrency & Blockchain. We help crypto start-up projects to establish their name in the crypto space. We know the right approach in raising awareness.
We started from scratch, from 3 members and now we are growing! A total of 15 headcounts with different fields such as Brand Builders, Community Managers, Digital Marketing Team, Translator, Content/Copy Writers, Social Media Manager, UX/UI Designer, and more.
Please share a personal highlight for you and/or your organization this year in the crypto and blockchain space.
We are pleased to share our personal highlights to you as Blockchain Network Philippines significant growth was really amazing for this and we contributed a lot in the crypto space, and helped almost 23 projects as a team from April 2020. Some of those projects we supported are Cosmos Network, IRISnet, Status, Chainlink, AnRKeyX, Fyooz, PlotX, Keep, Certik, Smart Asset Management (SAM) and more.
Here in Mindanao we have virtual meetups including the UXPH conference 2020 and DevCon Davao who’ve launched a virtual meetup named “Quarantech Special.”
What do you think is the most important blockchain/crypto development in the Philippines and globally in 2020?
I’m glad that the Philippines is open to adopt this robust technology. One of the most important developments in blockchain and crypto here in our country are the mass adoption and awareness in regards of Blockchain. I’ve seen mass adoption of using blockchain in our Banks here in the Philippines such as BSP’s approval on digital license and to the SEC Philippines that helps us out to avoid scam crypto-related investment/Ponzi Scheme.
How did the pandemic change how your organization operates? Or how you’ve changed your approach?
2020 has been a roller coaster ride for all of us due to this pandemic crisis we are all experiencing. Despite the situation, I’m grateful that we, as a team took the full time work on crypto space. Since the pandemic started, our organization’s operations improved a lot and one of the greatest factor is our flexibility in working remotely.
What is your fearless 2021 crypto prediction or forecast?
For Philippines, it’s all about the central bank’s competition, on how they can adopt the blockchain technology in a decentralized and open source one. I believe the Philippines is transitioning from paper money to digital money. We also need a scalability function that can handle data and sending thousands of transactions in just a minute.
Globally, what I envision for the developments in crypto and blockchain is the adoption of NFT’s or (Non-Fungible Tokens) such as Digital Cards, Arts, character, and etc; and the interoperability on how they can connect blockchain to other blockchain in an open source.
What do you personally look forward to in this space?
I have high hopes that one day, we will be having a mass adoption of blockchain technology here in the Philippines not just limited to banks, but also to agriculture that will help our farmers when it comes to interoperability and transparency of the agri-food value chain, and hoping that DepEd will encourage our teachers to implement or teach our youth specifically in Finance 4.0, DeFi (Decentralized Finance) and Blockchain technology here in the Philippines.
I am looking forward on how Blockchain can connect to VR (Virtual Reality) world, where they can buy/sell and bid unique & rare items online using digital money or cryptocurrency.
One of our plans for 2021 is to educate more Filipinos online and offline. If the government supports us to visit different cities to enlighten our fellow countrymen about Blockchain’s: What, Why and How. We will surely grab the opportunity.
This article is published on BitPinas: Ken Berey | Blockchain Network Philippines | 2020 Year in Review