The Southeast Asian region has over 400 million active online users and is contributing to an estimated market capitalization of $1 trillion. None Group, together with strategic partners “Taiwan Fintech Association”, “Bitcoin Addict” from Thailand, “Coin98 Insight” from Vietnam, “Coinvestasi” from Indonesia, and “Malaysia Blockchain Week” from Malaysia, released the “2024 Blockchain Critical Trend" report. The report focuses on the blockchain ecosystem, market trends, and regulatory frameworks in Taiwan and six Southeast Asian countries (Thailand, Vietnam, Indonesia, Malaysia, Singapore, and the Philippines), and provides entrepreneurs, investors, policymakers, and technology enthusiasts with a broad and in-depth guide to capitalize on the latest opportunities.
Southeast Asia's booming blockchain market has a large user base and thriving economy. Through the “2024 Blockchain Critical Trend”,we can present the blockchain industry dynamics in Southeast Asia more comprehensively, bringing readers a more in-depth insight into the blockchain ecosystems of Taiwan and Southeast Asia, and fostering greater cooperation in the blockchain sectors between the two regions, shaping a thriving Web3 ecosystem in Asia.
Southeast Asia's booming blockchain market has a large user base and thriving economy. Through the “2024 Blockchain Critical Trend”,we can present the blockchain industry dynamics in Southeast Asia more comprehensively, bringing readers a more in-depth insight into the blockchain ecosystems of Taiwan and Southeast Asia, and fostering greater cooperation in the blockchain sectors between the two regions, shaping a thriving Web3 ecosystem in Asia.
The Southeast Asian market, with its large population dividend and rapidly developing economy, faces challenges in meeting financial needs due to limitations of traditional banking systems. This indirectly boosts the demand for blockchain technology. Through this report, we aim to promote business collaborations between Taiwan and Southeast Asian countries. Together, we can enhance the application of blockchain technology in finance, gaming, cross-border payments, and other fields, achieving win-win outcomes.
The Southeast Asian market, with its large population dividend and rapidly developing economy, faces challenges in meeting financial needs due to limitations of traditional banking systems. This indirectly boosts the demand for blockchain technology. Through this report, we aim to promote business collaborations between Taiwan and Southeast Asian countries. Together, we can enhance the application of blockchain technology in finance, gaming, cross-border payments, and other fields, achieving win-win outcomes.
Amberblocks is Ninety Eight's media arm. Since 2017, we have owned the leading media channels and Web3 user communities in Vietnam, offering millions of people with knowledge and investment opportunities. We also assist partners in entering the Vietnamese market with our extensive network.
Amberblocks is Ninety Eight's media arm. Since 2017, we have owned the leading media channels and Web3 user communities in Vietnam, offering millions of people with knowledge and investment opportunities. We also assist partners in entering the Vietnamese market with our extensive network.
At Bitcoin Addict, our mission is to raise awareness and educate Thai people on the transformative potential of Cryptocurrency and Blockchain Technology. Southeast Asian market is one of unique market. With our unique culture, understanding and economic background to it will still continuing to push adoption of cryptocurrency. The report provides thorough detail about the landscape on what is happening and thought and opinion around the sentiment in each country.
At Bitcoin Addict, our mission is to raise awareness and educate Thai people on the transformative potential of Cryptocurrency and Blockchain Technology. Southeast Asian market is one of unique market. With our unique culture, understanding and economic background to it will still continuing to push adoption of cryptocurrency. The report provide thorough detail about the landscape on what is happening and thought and opinion around the sentiment in each country.
According to a Chainalysis report, South East Asia led global crypto adoption, Indonesia specifically had over 437k new crypto users each month in 2023 with a total of 18.2 Million users by November 2023. This shows that Southeast Asia is poised to be the next crypto-hub region. This report will allow you a better understanding of SEA crypto market and landscape.
According to a Chainalysis report, South East Asia led global crypto adoption, Indonesia specifically had over 437k new crypto users each month in 2023 with a total of 18.2 Million users by November 2023. This shows that Southeast Asia is poised to be the next crypto-hub region. This report will allow you a better understanding of SEA crypto market and landscape.
SEA stands as a dynamic frontier within the blockchain industry which presents a pool of talents with untapped potential at every turn. Our engagement in this project is driven by our commitment to not only highlight the current state of blockchain adoption but also to cast a vision for its promising future, positioning SEA as a prominent launchpad for its growth. We are dedicated towards catalyzing broader participation and fostering a culture of innovation, paving the way for widespread adoption and use of blockchain technology.
SEA stands as a dynamic frontier within the blockchain industry which presents a pool of talents with untapped potential at every turn. Our engagement in this project is driven by our commitment to not only highlight the current state of blockchain adoption but also to cast a vision for its promising future, positioning SEA as a prominent launchpad for its growth. We are dedicated towards catalyzing broader participation and fostering a culture of innovation, paving the way for widespread adoption and use of blockchain technology.
Vietnam stands at the forefront of blockchain innovation, harnessing its abundant tech talent pool to drive global projects forward. We anticipate a surge in groundbreaking projects emerging from this dynamic ecosystem.
Laura Nguyen
Head of Vietnam | Ava Labs
Thailand's blockchain scene buzzes with potential, with forward-thinking enterprises are utilizing blockchain to engage customers. Proactive government efforts and enhanced industry cooperation pave the way for a future of Thailand becoming a true blockchain powerhouse.
Woraphot Kingkawkantong
Head of Investment | Beacon VC
Thailand industry's players often focus more on the infrastructure layer than on the application, which affects mass adoption. However, Blockchain is also becoming more accepted in various spaces, helping position Thailand as the digital hub.
Didi Wiboonma
Chief Communications and Marketing Officer | Bitazza
With its leading global position in cryptocurrency adoption, evidenced by growing user numbers and transaction volumes and a deeply entrenched social media culture, the Philippines will continue to play a pivotal role in blockchain worldwide.
Jiro Reyes
Co-Founder and CEO | Bitskwela
We have already seen the approval of Bitcoin ETFs and the Bitcoin halving, with the U.S. presidential election and anticipated interest rate cuts happening. Combined with the AI trend. 2024 will be a historic moment of market frenzy. Looking forward to experiencing it together with everyone.
BrainBro Crypto
Founder | BrainBro Crypto
In 2023, institutional investors are resuming their optimistic view of capital investments into blockchain start-ups. With continued government support, a venture-friendly ecosystem, and a hub for APAC talents, Singapore will likely remain at the forefront of blockchain innovation.
Patrick Soh
Co-Founder and CEO | Coinseeker
This report offers high-quality content, insightful analysis, and relevance, making it an indispensable resource for those interested in understanding the current state and future trajectory of blockchain technology in one of the world's most dynamic regions - Taiwan and Southeast Asia.
Asih Karnengsih
Executive Director | Indonesia Blockchain Association
There are many talented individuals striving to develop and placing their trust in the future of Blockchain and Web3. Therefore, we are highly optimistic about the stable and sustainable development of the Blockchain and Web3 industry in Vietnam in 2024 and the upcoming years.
Jenny Nguyen
COO | Kyros Ventures and Coin68
2024 is a definitely a year where we'll see an influx of both builders and investors that come into the Web3 scene. This is a great indicator because a larger market size will also attract more users and fuels the flywheel for more growth.
Kenny
Head of DeFi | Taiko
The travel-friendly policies and accessibility between Taiwan and Southeast Asia offer a unique opportunity for enhanced collaboration - This synergy is not just about technology; it's about creating a future where cultures and new tech thrive through mutual learning.
Tiffany Lai
Conference Lead | Taipei Blockchain Week
Thailand’s digital asset industry is moving forward to promote the adoption of blockchain technology to drive the growth of the digital economy. Thailand has the advantage of being one of the first countries in the region to have laws regulating digital assets.
Nares Laopannarai
President | Thai Digital Asset Association
Over the next decade, we expect South East Asia, and Taiwan more specifically, to be ground zero for thousands of exciting new projects, and to serve as a springboard to accelerate the adoption of Web3 projects around the world.
Ryan Dennis
Director of Brand and Communications | TON Foundation
In envisioning the global blockchain market by 2024, we anticipate a transformative shift from 'bridge to bridgeless', as interoperability becomes seamless. With Solana as a key driver, its high throughput and low-latency infrastructure catalyze this ecosystem's growth.
Jim Chiu
Co-Founder and CTO | Zeus Network
Vietnam stands at the forefront of blockchain innovation, harnessing its abundant tech talent pool to drive global projects forward. We anticipate a surge in groundbreaking projects emerging from this dynamic ecosystem.
Laura Nguyen
Head of Vietnam | Ava Labs
Thailand's blockchain scene buzzes with potential, with forward-thinking enterprises are utilizing blockchain to engage customers. Proactive government efforts and enhanced industry cooperation pave the way for a future of Thailand becoming a true blockchain powerhouse.
Woraphot Kingkawkantong
Head of Investment | Beacon VC
Thailand industry's players often focus more on the infrastructure layer than on the application, which affects mass adoption. However, Blockchain is also becoming more accepted in various spaces, helping position Thailand as the digital hub.
Didi Wiboonma
Chief Communications and Marketing Officer | Bitazza
With its leading global position in cryptocurrency adoption, evidenced by growing user numbers and transaction volumes and a deeply entrenched social media culture, the Philippines will continue to play a pivotal role in blockchain worldwide.
Jiro Reyes
Co-Founder and CEO | Bitskwela
We have already seen the approval of Bitcoin ETFs and the Bitcoin halving, with the U.S. presidential election and anticipated interest rate cuts happening. Combined with the AI trend. 2024 will be a historic moment of market frenzy. Looking forward to experiencing it together with everyone.
BrainBro Crypto
Founder | BrainBro Crypto
In 2023, institutional investors are resuming their optimistic view of capital investments into blockchain start-ups. With continued government support, a venture-friendly ecosystem, and a hub for APAC talents, Singapore will likely remain at the forefront of blockchain innovation.
Patrick Soh
Co-Founder and CEO | Coinseeker
This report offers high-quality content, insightful analysis, and relevance, making it an indispensable resource for those interested in understanding the current state and future trajectory of blockchain technology in one of the world's most dynamic regions - Taiwan and Southeast Asia.
Asih Karnengsih
Executive Director | Indonesia Blockchain Association
There are many talented individuals striving to develop and placing their trust in the future of Blockchain and Web3. Therefore, we are highly optimistic about the stable and sustainable development of the Blockchain and Web3 industry in Vietnam in 2024 and the upcoming years.
Jenny Nguyen
COO | Kyros Ventures and Coin68
2024 is a definitely a year where we'll see an influx of both builders and investors that come into the Web3 scene. This is a great indicator because a larger market size will also attract more users and fuels the flywheel for more growth.
Kenny
Head of DeFi | Taiko
The travel-friendly policies and accessibility between Taiwan and Southeast Asia offer a unique opportunity for enhanced collaboration - This synergy is not just about technology; it's about creating a future where cultures and new tech thrive through mutual learning.
Tiffany Lai
Conference Lead | Taipei Blockchain Week
Thailand’s digital asset industry is moving forward to promote the adoption of blockchain technology to drive the growth of the digital economy. Thailand has the advantage of being one of the first countries in the region to have laws regulating digital assets.
Nares Laopannarai
President | Thai Digital Asset Association
Over the next decade, we expect South East Asia, and Taiwan more specifically, to be ground zero for thousands of exciting new projects, and to serve as a springboard to accelerate the adoption of Web3 projects around the world.
Ryan Dennis
Director of Brand and Communications | TON Foundation
In envisioning the global blockchain market by 2024, we anticipate a transformative shift from 'bridge to bridgeless', as interoperability becomes seamless. With Solana as a key driver, its high throughput and low-latency infrastructure catalyze this ecosystem's growth.
Jim Chiu
Co-Founder and CTO | Zeus Network
