Turkey’s Largest Blockchain and Bitcoin Conference Held

Blockchain Summit, organized by Boğaziçi University Faculty of Economics and Administrative Sciences on “Understanding Blockchain Technology”, took place on 5 October 2017 at Bogazici University Albert Long Hall on Thursday.

In the event where representatives of Turkey’s leading companies were also present, 29 speakers came together to examine Bitcoin and Blockchain technology.

Bogazici University Economics and Administrative Sciences and Administrative University gave the opening speech. Ayşegül Toker, Dean of the Faculty of Sciences, and then Boğaziçi University Finance Application Research Center Assist.. Assoc.. Dr.. Ali Coşkun did.

Is Bank of Turkey is researching Blockchain technology

Turkey Isbank Deputy General Manager Hakan Aran that Isbank continues to work on new technologies at full speed ; He stated that they are working on issues such as why banks are needed and why banks should be needed in the developing and constantly renewing world.

Aran said that as Türkiye İş Bankası they are trying to implement and adapt to innovations,

<

“When the blockchain spreads all over the world, we will adapt when it is used in more areas.. We expect it to become widespread and reach saturation point between 2018 and 2020.”

he said.

Blockchain and Bitcoin Technology in the Eyes of the Press

BloombergHT Genel Editor-in-Chief Cüneyt Başaran talked about the prohibition and legalization processes of cryptocurrencies in his speech about the news about the sector.

CoinTürk Editor-in-Chief Levent Kurt said what Blockchain is. and its effects on society

“Blockchain entered our lives with bitcoin. In particular, we see that banks are keeping a distance to Bitcoin and cryptocurrencies.. They talk about blockchain projects but never mention cryptocurrencies. In fact, considering the philosophy of the business, it is difficult to separate cryptocurrencies from blockchain.. Today, the main feature of bitcoin being so valuable and widespread is its anonymity, being a mediator, etc.. Due to this feature of Bitcoin, it makes us think that it can replace banks in the future.. In fact, we will begin to question the existence of banks in the coming years.. There are good and bad sides to banks actually displaying such behaviors.”

he expressed his words.

Talking out that there is a payment system together with the blockchain system, Kurt said that it is simple. Even in an identity system, a token must be defined and the music system can receive immediate payments with Ethereum for the song that the artist has published.. In other words, he gave the example of not separating the blockchain from cryptocurrencies.

Kurt, “What would happen if the whole system was banned, do you foresee such a thing?” “Countries can ban the Bitcoin system.. But bitcoin has no center so every pc that hosts the blockchain has to go and unplug it. Countries can only ban trading. Because my phone is a wallet and it has to take my phone away from me.” He replied.

“Physical currencies have rates, exchanges allow these rates to occur”

Paribu Co-Founder Yasin Oral, speaking about why exchanges are needed, said, “Bitcoin exchanges provide a means of buying and selling, not transfer.. In other words, individuals can send their bitcoins to each other without exchanges.. That’s just the philosophy of this business.. They can send it to each other, but for it to have any value, the trade must occur.. Physical currencies have rates, exchanges enable these rates to be formed.”

“Is there any statistics in Turkey, which type of customer is interested in cryptocurrencies?” To the question  Oral,

“It is not possible to extract statistics clearly, but we can make an opinion from the feedback.. There are too many people who say that I should buy it because they saw it.. There is a small and voluminous audience that is aware of this and making a profit.. The biggest problem of this business is people who do not know and do not research this business.”

he replied.

“Turkey follows the world in terms of price”

Turkey BTC Trader CFO Alphan Göğüş said that .

As directed to Göğüş, “Is it possible for an investor who trades on any platform in Turkey to transfer the bitcoin he/she trades here?” “There is no limit when you have Bitcoin.. You put bitcoin on an exchange and then you take it out.” “Are you accountable to any regulator?” To the question

“We, as BTCTurk, only allow transfer to those who have identity confirmation.. Then we allow either tl-btc or btc-tl transaction.” said.

“This system cannot be prevented”

Ozan Yurtseven, owner of BTCTurk, said, “I think technology is unstoppable. Even if it is a penny, bitcoin will still be transferred, so this system cannot be circumvented.”