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Traditional Finance Faces Revolution as Decentralized Finance Takes Center Stage at ASEAN Summit

Kuala Lumpur, Malaysia, February 15, 2024—CT Event Asia, in strategic collaboration with the Afri Council For Business And Economic Opportunities, is organizing the ASEAN Financial Services Excellence and Transformation Summit 2024. The event will take place at M Resort & Hotel, Kuala Lumpur, on March 6 and 7, 2024. It is intended to explore the potential of decentralized finance (DeFi) to disrupt traditional finance. Among the key topics for discussion during this year’s summit are blockchain technology trends, quantum computing developments, artificial intelligence advancements, and tokenization.

The title of this year's event is “The Revolution of Decentralized Finance: How DeFi Is Altering the Future of Traditional Finance.” The concept behind DeFi is that financial services should be accessible to everyone in the whole world through the utilization of blockchain technology, giving rise to an open, decentralized financial system. This means that banks and other intermediaries are no longer needed to create a better-performing and more transparent structure.

“AFSET 2024 provides an important platform for exchanging knowledge, collaboration, and innovation as the financial industry experiences rapid changes,” according to the organizers of the event. “In our opinion, fintech has enormous abilities towards forming a more inclusive and effective finance system; hence, we look forward to exploring its numerous aspects further.”

This conference will cover recent market dynamics, customer taste transformations, and rising competition among financial service providers from both external sources, such as changing consumer preferences for the use of some technologies in payment systems, as well as internal changes impacting back-office systems, workplace cultures, and HR responsibilities.

Key highlights of AFSET 2024 include new insights on emerging technologies from top finance leaders; how DeFi revolutionizes financial services, leading to fresh innovative opportunities; networking with industry executives like bankers, insurers, fintech companies, or even blockchain firms to find mutual interests or make valuable collaborations with them; and discovering the latest industry tools that may help your organization remain flexible and thrive in the ever-changing financial world.

Collaboration is the central theme of this summit, demonstrating its importance in driving excellence within financial services. When partnering up with organizations like the Afri Council For Business And Economic Opportunities, we bring together diverse skills and a common passion for innovation. The alliance has created an interactive ecosystem aimed at delivering high-impact experiences that will set new benchmarks in customer engagement while fostering a connected financial community.

AFSET 2024 registration is now open. To get a 10% discount on fees, members of the Afri Council For Business And Economic should use the AFFSMD10 code. Visit https://www.afset2024.com/request to register now.

To obtain further information, call +601112476257 or email amina@ctasia.com.my.

Don't let this opportunity pass! Attend the ASEAN Financial Services Excellence and Transformation Summit 2024 and participate in key transformational processes shaping the finance industry today.