At Blockchain Week in Busan 2022, Wemade CEO Henry Chang presented a keynote address on “Digital Economy and Stablecoin” on October 27.

The importance of “stablecoins” has increased, according to Henry Chang, CEO of Wemade. “Blockchain technology is a universal technology, which can be used in games, art markets, sports, entertainment, and finance. This will create a digital economy. To develop the digital economy, the asset value should be understood intuitively. Wemade designed a mechanism where the economy grows through WEMIX$, which in turn issues more stablecoins and benefits the holders of WEMIX. “Stablecoins and native coins should be reflexive in order to have a virtuous cycle and the scale of stablecoins must increase in accordance with the growth of the economy.”

He continued, “Innovation is needed to take advantage of this opportunity. I hope that areas like Busan create a space for people to freely experiment their ideas and provide a chance for the Korean blockchain business to move forward. Blockchain technology has much more potential than previous transitions to the Internet or mobile.

Source: Prnewswire