Cindrum Official
2 min readDec 1, 2021

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CINDRUM, Metaverse

The “Blockchain, Metaverse & Web 3.0: implementing new technologies to the Indonesian economy” conference was hosted by the Indonesian blockchain metaverse project CINDRUM, on November 27th, 2021. The conference introduced the CINDRUM project as well as multiple topics on blockchain, metaverse, and web 3.0.

Blockchain technologies have continuously gained the spotlight of major media, governments, and multinational corporations since its introduction as a decentralized currency in 2008. Entering 2021, blockchain expanded to an even wider spectrum of industries increasing even further the potential to reshape how we live today.

Exclusively invited guests included officials and members of the Indonesian government, blockchain enthusiasts, and CINDRUM’s key partners including representatives from the Kementerian Komunikasi dan Informatika (Ministry of Communication and Information Technology), Muhammad Bayu Nugraha from Jakarta Smart City (Jakarta Government Affiliate of New 4.0 Ecosystems), INDODAX (Indonesian Largest Crypto Marketplace), and Iqbal Idham Ramid (head of the Economic Development of West Jakarta).

Alongside CINDRUM’s CEO, Valent Budiono, the opening ceremony enjoyed the presence of Samuel Abrijani Pangerapen (Ministry of Communication and Informatics — KOMINFO) and Muhammad Fatihi (Head of Information Technology Development and Business Incubation, and State Minister for Cooperatives Small and Medium Enterprises).

The first session was presented by Rantai Nusantara Foundation (Nuchain) Muqorrobien Marufi covering Web 3.0, a new concept based on blockchain technology that allows users to gain full control over their data under a decentralized, secure and transparent ecosystem. Followed by it, CINDRUM’s CEO, Valent Budiono, discussed Metaverse and how the combination of Virtual Reality (VR) and Augmented Reality (AR) could allow users to replicate their daily routine in a virtual world.

“The goal of this conference was to educate younger generations about blockchain and its impacts, not only in Indonesia but on a global scale.” — Valent Budiono, CEO of CINDRUM.

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