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Mass Crypto Adoption: Bringing 100 Million Indonesians Onchain

Mass Crypto Adoption: Bringing 100 Million Indonesians Onchain

Update: 2024-07-10
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Did you know Indonesia has the 4th largest population in the world? And there is a crypto project collaborating with the government to bring them onchain / on the blockchain?! 


In this episode, we interview Michael Bennalack and dive into the innovative project, Mandala Chain. Mandala Chain aims to onboard 100 million Indonesian users by bridging Indonesia's retail, government, and enterprise sectors to blockchain technology.


Michael provides insights into how Mandala Chain facilitates the transition from Web2 to Web3 for the Indonesian public sector, banks and the health sector with more than 12 agreements in place with different branches and departments of government in Indonesia.


We also discuss their approach to targeting the existing 100 million users that regularly engage with the Indonesian .id domain on the Internet, and their strategy for widespread adoption going from there.


Did you know Indonesia has the 4th largest population in the world? Is this where crypto adoption will thrive?


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Timestamps:


00:00 - Intro


02:10 - Bringing INDONESIA Onchain


05:50 - Why Polkadot?


08:15 - Chainz on Chains on CHAINZ


09:20 - 100 Million Users


17:35 - Who is coming onchain?


19:40 - Pitching Governments on Crypto


26:20 - Making Crypto Easy for The People


33:05 - Launch ALPHA


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Links / Additional Material:


Mandala Chain Website: https://www.mandalachain.io/


Mandala on X: https://x.com/MandalaChain


Michael on X: https://x.com/Mick_Republik


Republik DAO on X: https://x.com/RepublikDAO


Republik DAO Website: http://republikdao.io/


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Disclaimer:


TEACHMEDEFI is a provider of entertainment and opinions. We are neither a broker/dealer nor an investment advisor. This is not a service for issuing or receiving financial or investment advice. None of our content constitutes a recommendation – or should be understood as such – to conduct transactions in securities, cryptocurrencies, or crypto-assets, or to engage in any of the investment strategies presented in our discussions or provided content. We do not provide personalized recommendations or views on whether a stock, cryptocurrency, crypto-asset, or investment approach is suitable for the financial needs of a particular individual.

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Mass Crypto Adoption: Bringing 100 Million Indonesians Onchain

Mass Crypto Adoption: Bringing 100 Million Indonesians Onchain

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