CONFERENCE REVIEW: The 21st International Business Networking Event

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Just recently, Riga held the biggest networking event in the Baltics, the 21stInternational Business Networking Event. Organized by the IBNC (International Business and Networking Consortium) it gathered participants from more than 30 countries. The main theme for the speakers was “The Modern World”. Participants’ subjects were ranging from such humane topics like civilization and cancer to trendy ones like virtual reality and digitalization of governments.

The attendants were greeted with a song from one of the participants.

Digitalization

When speaking about a such topic as The Modern World, digitalization is the first thing that pops in our minds. Coincidentally, this theme was widely overlooked by the presenters. A representative from Indonesia, Mrs. Tanti Widyastuti, mentioned that Indonesia is pushing the digitalization of their governments and government related instances. However, the overall statistics, presented by the speaker, showed that Indonesia still has a long way to go. Such small European countries like Latvia and Estonia were ahead of Indonesia in terms of digital growth.

Mrs. Tanti Widyastuti with her presentation about Indonesia.

Moreover, Mr. Toufic Kawar touched the subject of communication in the digital world. He highlighted that never in the human history we have been more closer to each other, but at the same time, we have never been more lonely than we are now. We no longer speak to each other, we text or chat. He stressed it as a generally significant problem that needs solving.

Mr. Toufic Kawar with his presentation about the benefits and possible losses of contemporary civilization.

Interestingly enough, nobody spoke about money in terms of digitalization. Our payment methods are changing and most of the cryptocurrency enthusiasts anticipate a change in our monetary system.

Money, money, money…

However, there were a couple of guys, Mr. Arturs Boss and Mr. Kristaps Strelis from Amber Capital Holdings, who talked about the money topic, but in a different way. They presented their new payment Service, Willow&Birch, which would differ from the conventional banking that we know today. Arturs and Kristaps spoke about the problems that the conventional banking faces today and the ways how they offer to change that.

Mr. Arturs Boss and Mr. Kristaps Strelis from Amber Capital Holding and their Vietnamese associate Ms. Chi Bui preparing for their presentation.

Both guys stressed that nowadays niche market customers are not welcome to open a bank account. Banks today have lost their touch in terms of philosophy and communication with the customer. Willow&Birch will offer a completely new way how a bank will communicate with its customers. They will put customer as the number one priority and promises to look into every case individually. A different approach into KYC applications. Both guys highlighted that nowadays operating with conventional banks might seem very distant and people simply haven’t got an option to talk to somebody in person. With all the chat-bots and automatic algorithmic replies, banks have lost the personal touch with their clients. And that is what Willow&Birch is offering – a different approach in customer service.

However, their PSP license in Lithuania is still pending.

Technology

Along with digitalization and money comes another very important aspect – technology. It is constantly evolving and being developed. Of course “The Modern World” featured topics related to this phenomena. A representative from Bite Latvia, Mr. Gatis Ruluks, shared their company’s views on the development of telecommunication. Bite Latvia is the fastest growing mobile operator in Latvia and it provides innovative mobile services to their customers. Gatis talked about the advantages that a private branch exchange (PBX) can offer to companies. An interesting fact that he shared was that U.K. companies loose around 30 billion pounds each year from unanswered telephone calls.

Mr. Gatis Ruluks from Bite Latvia.

Another interesting concept came from the CTO and co-founder of Exonicus Inc, Anatomy Next, Mr. Janis Kondrats. They have figured out a way how to link virtual reality with healthcare. Exonicus have developed a tool for medical students, a virtual reality emergency medicine training simulator – Trauma Simulator. With this device, medical students in various environments can practice before becoming an expert. Students are put in critical emergency environments that allows them to develop their skills with real/virtual tools. Also, they have a partnership with the U.S. Army Medical Research team which means that they are offering their services to military instances as well.

Mr. Janis Kondrats from Anatomy Next presenting Virtual Reality medicine training simulator.
Mr. Janis Kondrats showing off old techniques of medical training.

The shape of the Modern World

The extensiveness of the term – Modern World, gathered a wide range of different topics. The Modern World speaks about globalization, growth, economy, technology, banking, but all these areas of expertise have one thing in common. Interaction. How we interact with banks, with technology, medicine and more importantly – with each other. It sure seems like the future, where we live now, brings so many advantages, but fails in certain very important areas like communication. This statement should be wrong in so many ways since we have Facebook, WhatsApp and every other social platform which actually brings the whole world together, but at the same time distances us. The Modern World is all about bringing back the communication that we had before we had all these new social, digital features.

Mr. Samson Ajikobi and Mr. Maris Luks from Amber Life Clinic with their presentation about cancer, how they treat it.
Mr. Clevas Tuscano with a presentation about Estonia’s success story – e-Residency. How Estonia is the best place for new Start-ups. In the slide you can see some of the most popular start-ups that come from Estonia.
Mr. Karlis Jonass with his presentation about how important is UX design in the digital age.

Overall, this was a very comprehensive event, it overlooked many important social topics and ideas. As always, since it is a networking event, not a conference, the time for communicating, or networking with others, was significantly longer than you see in similar events. The combined time that was reserved for getting to know various business environments was around two and a half hours.

Topic – cryptocurrency

It seems like this event is slowly forming its way to do a cryptocurrency related event some time in the future. Although nobody mentioned cryptocurrencies this year, it sure feels like some time in the future it will be one of the core elements of this event. To be honest, the development of cryptocurrencies is the key factor when it could get widely covered in this event. At the moment, the popularity of cryptocurrency related areas are very small in the region of Eastern Europe. I believe that is the main factor why businesses come to Latvia to talk about more general topics. Once cryptocurrencies are more widely accepted in business environments around European or Asian governments, I believe the IBNC (International Business and Networking Consortium) will integrate it as one of the core topics of their events.

Of course, as a cryptocurrency news outlet, we wanted to hear more about what cryptocurrencies can bring to the concept of modern world. Since cryptocurrency threatens our current monetary system and offers so many advantages in almost any business area, we believe that the topics covered ties together with the growth of crypto and blockchain in general. It is only a matter of time.

The Global World

Additionally, at the end of the event, they presented the next theme for the forthcoming 22ndInternational Business and Networking event which will take place on 18thof October, 2019. Next time the participants will be covering topics revolving around the concept of “The Global World”. This sounds like a more general topic and can contain almost anything. I believe the emphasis will be put on topics regards globalization and the environment. Also, human interaction with technology and how it will evolve in the near future. It could overlook basic universal income and a borderless society principles, but this is just a guess.

If you want to reserve a ticket for the next event, head over to this address (https://sfk.lv/index.php/en/apply) and get yours for only 140 Euros. That way you will support the organizers and help them in making the largest networking event in Eastern Europe. 

If you want to read about the topics that were covered in the previous event, click HERE.

Best Coin Investments are proud to be a part of this event and thankful for the opportunity to attend it. Talivaldis Kreislers and Mara Kreislere are doing a great job in bringing such events to Latvia for more than 10 years. Best of luck to them!

Also, we managed to interview Kristaps Strelis about their new payment and bank service – Willow&Birch. We asked him about how would they differ from a conventional bank and what was his opinion on cryptocurrencies and bitcoin. We will publish the interview soon!

All photos by SFK.lv

21st International Business Networking Event – The Modern World

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In less than a week, Riga will host one of the biggest networking events in Latvia – the 21stInternational Business Networking Event. These events happen twice a year, and this time the main theme for the event is “The Modern World”. It gathers industry professionals, company owners, managers, investors, experts and even members of the Latvian and European parliament. Best Coin Investments are proud and thankful to be one of the main media partners for this event.

The Modern World

The event will take place on 22ndof March, and if you visited the previous one, the location stays the same – Citadele conference center. For Best Coin Investments this seems like a very intriguing theme, as cryptocurrencies are thought to be one of the core elements of the future, hence the modern world. Since the future is now, and many say that we are living it, this event will highlight the direction we are heading towards and more importantly show-off success of various industries in the 21stcentury. And what better way how to address this than a business networking event.

Speakers

The presentation panel will be opened by the Speaker of the Parliament of the Republic of Latvia, Inara Murniece. Also, speakers from all around the world will deliver many interesting subjects that will flock your mind. From communications and new technologies to customer service, from virtual reality to money. From medicine to performance arts. Topics covering specific country experiences like Indonesian development of technologies, and the success of Estonian startup ecosystem. In short – there will be topics for everyone.

Of course, we are most eager to hear Mr. Arturs Boss and Kristaps Strelis’ presentation, because they are going to cover a 20 minute long speech titled “Money, money, money… Faster, better, individual approach to conventional banking in 21stcentury”. We hope that this presentation will feature topics around cryptocurrencies or at least the use of blockchain. As mentioned in the title, they will cover the conventional banking system, but as many of us knows, JP Morgan Chase, is about to release their own stable coin – JPM Coin. 

Moreover, another interesting speech should be about the famous Estonian start-up ecosystem, which has attracted many young entrepreneurs and helped them to achieve their goals and visions. Taxify being one of the most popular ones.

“You don’t need to move to Silicon Valley to compete with huge global giants and build a transportation platform that’s used by tens of millions of people across the world. We’ve done it from Estonia,” says the owners of Taxify.

For a more detailed schedule of the event, go to their website.

Tickets and Organizers

Also, you can still purchase tickets which price is very appealing, if compared to the traditional crypto-conference cost. Only 200 Euros, and you will have the opportunity to meet industry professionals from all around the world.

In addition, these events are usually very well organized. You will not have to worry about coffee or snacks, because everything will be provided. A nice lunch for every kind of taste, coffee breaks long enough, specifically meant for networking, and a really nice after-party with drinks and meals on a cute ship right next to the conference location. All that for 200 Euros – we believe that it’s more than worth it.

The organizers Talivaldis Kreislers and Mara Kreislere from IBNC (International Business and Networking Consortium) have been organizing these events for more than 10 years and we can reassure that these people have mastered the art of organizing a networking event. You will feel nurtured, and everything will be provided for you to qualitatively take on information.

“IBC forums are useful for business development, promotion of export and sales in general. Through business contacts made in our forums, hundreds of companies have found new customers, business partners, and investors”.

Talivaldis Kreislers, the lead organiser.

The previous event

Best Coin Investments also attended and covered the previous event. It happened just a few months ago, in October 2018. Back then the main theme for this business networking event was new challenges and opportunities in Asia. Many company owners shared their experience of working in abroad areas like Indonesia, India, Uzbekistan, Vietnam, and China. They told about the unique possibilities that these countries offer to the Baltic States and how this cooperation can benefit them.

Of course, we went there to find out the current state of cryptocurrency adoption within these many foreign countries. Most of the entrepreneurs and government officials we met, were aware of cryptocurrencies and blockchain technology. They knew what this technology can offer, however, all as one shared the same opinion – cryptocurrencies must be properly regulated. To read more about the last event and what many industry professionals had to say about cryptocurrencies, read our article.

Useful links:

Contacts and tickets
(To purchase tickets, press “I’m attending” and fill out the form)

The schedule of the event

Our article about the last event

Interview with one of the organizers, Talivaldis Kreislers

Photo by sfk.lv