Bananatok to strengthen its position in the blockchain market

There had been the fad for digital currency in South Korea, just several years ago. The increasing number of people have been eyeing cryptocurrency and blockchain industry. Thanks to the cryptocurrency boom, the blockchain industry is flourishing.

And, many officials in the industry constantly share information about blockchain, as well as seeking opportunities for developing the blockchain technology itself. For this, the industry holds conferences. One of the most famous conferences in the blockchain industry is 'Hashnet Blockchain Conference'.

In the conference, officials of major companies, both in the blockchain and cryptocurrency industry, give speeches, exchanging their views on the future market trend. Bananatok, a famous blockchain SNS and the indispensable app for digital currency traders, is a promising startup that is bashing away on popularizing blockchain technology and cryptocurrency. 

Earlier this year, an executive of Bananatok also attended to the '2020 Hashnet Blockchain Conference'. Branden Park, the Chief Marketing Officer(CMO), gave a speech with an interesting topic: The role of community in the cryptocurrency market and the future of Social Network Service.

"Within next several years, billions of people across the world will use blockchain-based digital currencies in their daily lives. The global central banks, including People's Bank of China, intend to issue digital currencies. Private cryptocurrency sectors, including Facebook's Libra, are fiercely competing for the domination of market. The blockchain industry needs to make great efforts to survive in the upcoming cryptocurrency war," he explained.

And, he highlighted about Bananatok. "For the cryptocurrency war, we will compete with mainstream Social Network Services, such as Facebook, WeChat and Kakaotalk, based on blockchain technology and innovative Fintech services, such as money transfer and Airdrop on chatting rooms, BananatokEX(Social Exchange) and BananaPay, the payment service that supports both fiat and digital currencies," he suggested.

Yet, none of other blockchain companies have ever offered services that Branden Park mentioned. Both Airdrop and money transfer on chatting rooms are Bananatok’s own unique services. It also plans to launch another interesting services like BananatokEX(Social Exchange) and BananaPay and BananaGames. Given that Bananatok has some useful services for traders, ensuring security based on blockchain technology, the company is likely to face bright future.

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