Press Release

Global Block Chain Investment Summit (GBIS) Successfully Completed in Indonesia

From 29 to 30 July, the Global Blockchain Investment Summit (GBIS) hosted by Indonesian Chamber of Commerce and Industry, Global Blockchain Investment Alliance, Hong Kong Blockchain Association and Block Chain Center of Excellence and Education (BCEE), was held in Jakarta, Indonesia. The leaders of Indonesia, members of the United Nations Blockchain Committee, members of the royal family of the United Arab Emirates, representatives of the Indonesian Chamber of Commerce and Industry and the Indonesian Ministry of State Investment attended the Summit to discuss the transformational impact of the Blockchain on the digital economy from the perspective of government management and global economic development.

Block Chain and Distributed Business Provide Solutions for Indonesia’s Economic Transition

On the first day of the summit on July 29, three key guests, Rico Rustombi, Vice President of Logistics and Supply Chain Management of Indonesia Chamber of Commerce and Industry, Rosan Perkasa Roeslani, President of Indonesia Chamber of Commerce and Industry, and Bambang Brodjonegoro, Minister of National Development of Indonesia, delivered opening speeches to express their vision of enabling Indonesia’s economic transformation through blockchains and their promise to achieve industrial 4.0.

At the signing ceremony of the Memorandum of Understanding on Strategic Cooperation of Blockchain and Distributed Commercial Investments promoting Economic Restructuring in Indonesia, Rico Rustombi, Vice Chairman of Logistics and Supply Chain Management of the Indonesian Chamber of Commerce and Industry; Vincent Choy, Chairman of BCEE; Lim Hui Jie, Vice President of BCEE; and Kevin Pang, Co-Chairman of SGtech Blockchain Committee signed to contribute to Indonesia’s economic transformation.

Logistics systems play an important role in the digital economy, Iskandar Zulkarnain, Director of the Standing Committee of Connectivity and Multi-Modal Ports and Airports section of Indonesian Chamber of Commerce and Industry, Prof. Nofrisel SE, Director of the Standing Committee of Logistics Services section of Indonesian Chamber of Commerce and Industry, Supply Chain and Human Resources, and Kilian Hussmann, CEO of MM and EGQ, etc. signed the Memorandum of Understanding on Strategic Cooperation of Establishing Blockchain Solutions to Reduce Logistics Costs in Indonesia.

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