Events / Grow, Learn

Embracing Cryptocurrencies As Business Transaction – MaGIC Sarawak

Sharing Session, Talk

Embracing Cryptocurrencies As Business Transaction – MaGIC Sarawak

3 November 2018 2:30pm - 4:00pm
MaGIC Sarawak @ Borneo 744 View map
Admission FREE
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Cryptocurrency is a digital currency or asset that relies on encryption technology to transfer value over the Internet. Cryptocurrencies like Bitcoin operate independently of a banking system and can be used in many countries as a store or exchange of value like cash. The most common use of cryptocurrency is buying and selling goods and services online.

Cryptocurrency represents a new way for small businesses to accept customer payments and even pay vendors or suppliers. However, cryptocurrency is relatively new and many businesses do not yet know what to think about it. To help, this session talks about the ins-and-outs of cryptocurrency, including how to accept it, the benefits and drawbacks, and the tax implications for small businesses.

Learn from Reuben Yap of ZCoin in understanding to embrace cryptocurrencies as business transaction at MaGIC Sarawak @ Borneo744.

Key Takeaways:

  • Gain insight into what is cryptocurrencies
  • Acquire ideas on how to implement cryptocurrencies in a business transaction
  • Acquire a deep understanding of the role of cryptocurrencies in business

Who Should Attend:

  • Aspiring entrepreneurs
  • Startups
  • Corporates
  • Government agencies
  • Small-medium enterprises
  • Investors
  • Community builders

Our Speaker

Reuben Yap
Chief Operations Officer, Zcoin

Reuben Yap is the Chief Operations Officer of Zcoin. He was a corporate lawyer for ten years specializing in institutional frameworks before joining Zcoin. He joined the Zcoin team in October 2016 and has played a pivotal role in shaping Zcoin’s strategy and vision. Reuben has been a strong advocate of online and financial privacy for over ten years, having founded one of SE Asia’s top VPN companies and being the first merchant in Malaysia to accept cryptocurrencies. He is a regular speaker at blockchain conferences with a focus on blockchain privacy and decentralisation technologies.

Reuben graduated with a LLB from the University of Nottingham.