Turkey is preparing up to host the first large scale, the international crypto event of 2020, attempting to make its status as a blockchain pioneer set in stone. As it stands now, the country has endured a significant influx and growth of companies, startups, and solutions linked to cryptocurrency and blockchain technologies.

Big Personalities Taking Part

Blockchain Economy Conference 2020 will kick off within Istanbul in less than two weeks. The event will bring 3,000 attendees together for media opportunities, networking events, and talks, all lasting two days. Among the heavyweights that will take part, Tom Lee will act as a speaker to this conference, competing as one of the largest ones within Eurasia and MENA. As it holds now, the Blockchain Economy will draw 60 countries’ worth of advocates for fintech and blockchain.

A member of note is the infamous John McAfee, who had recently announced Bitcoin to be the most critical form of crypto in existence. That was just after he appreciated Bitcoin for being the One True Coin, as well as infamously prophesying that Bitcoin would be worth a million USD by the end of 2019.

Turkey Spearheading Cryptocurrency Development

The event will be sponsored by both Bitcherry and Bitpanda and is set to investigate the key concerns that have come up considering Blockchain Economy’s pilot event last year. Things like blockchain security, digital identities, and past citizenship borders will all be hot topics. 

The lineup for the conference includes all the heavyweights of the crypto industry. Names like Nicolas Cary, the founder of Blockchain.com, Lennix Lai, representing OKEx, Emin Gun Sirer, the founder of AVA labs, as well as spokespeople of the crypto mining giant Bitmain, have all taken part.

Turkey’s blockchain development has reached critical mass, and 2020 is looking like the milestone year for the country. Turkey is striving hard to take on a leadership role within the world’s crypto industry. 

Crypto integration is becoming more a subject of time than a matter of choice, as China’s pressing ahead with its Central Bank Digital Currency (CBDC) and having other countries follow suit. Facebook’s Libra, while badly beaten, is still set to launch this year, while Jack Dorsey of Twitter is pushing hard into Bitcoin’s Lightning Labs.

Growing A Newmarket

Turkey is now one of many countries aiming to be a leader in the crypto industry. The island of Bermuda is preparing to state-sanction stablecoins, while Malta has long since been at the forefront. The crypto industry has flagged the way for a digital resource that all countries can leverage to boost its economy.