HiConf Seoul 2024 successfully wraps up, sparks up discussions for future of food tech and international partnerships

SEOUL, South Korea, Oct. 25, 2024 /PRNewswire/ -- The HiConf Organization Committee announced at HiConf that HiConf Seoul 2024 successfully wrapped up in Seoul, Korea. HiConf 2024, the first of its kind in Korea, was designed to serve as a platform for cutting-edge food tech innovations with the goal of establishing a more sustainable food system.

This year's event was attended by global pioneers and leaders in food tech, including Governor Kim Gwan-young of Jeonbuk Special Self-Governing Province, Professor Ki-won Lee, Chairman of the Korean Food Tech Council, CJ CheilJedang CTO Dr. Gregory Yep and Shinsegae Food CEO Alex Song, and filled with robust discussions on the latest and up-and-coming innovations, market outlook, and new opportunities in the global food tech industry.

40 high caliber speakers from all over the world gave insightful presentations to attending industry professionals on topics such as the Global Perspective on Bioeconomy; Transforming Health with Sweet Proteins; Probiotics that Improve Cognitive Function and many more. The event also highlighted South Korea's growing role as a food tech leader, leveraging its strong expertise in science and AI to drive advancements in sustainable food solutions. In addition, HiConf 2024 opened its stages to five food tech startups from around the world to pitch to potential Korean and international investors.

"HiConf brings together the brightest minds from around the world to share big ideas, overcome challenges, and build new opportunities together. There is no better place than South Korea, with its strong expertise in food technologies, to exchange scientific and business best practices," said Raymund Scheffler, Chairman of the Organization Committee of HiConf.

Meanwhile, Abu Dhabi-based food tech investment firm HITI and Korean pharmaceutical manufacturer Dongwha Pharm signed a memorandum of understanding (MoU) to collaborate on the manufacturing and distribution of innovative biological functional ingestible ingredients. This MoU will set the stage for both companies to cooperate in delivering functional ingredients aimed at improving human cognitive abilities and ensuring healthy longevity in the Middle East and beyond.

Additionally, HITI joined the Korea Food Tech Council (KFTC), a pioneering collaboration between academia, industry, and government to advance the food technology sector in Korea. The council, which was co-founded by Professor Lee Ki-won of the Food Tech Department at Seoul National University in 2022, seeks to build a sustainable and innovative ecosystem that addresses global food challenges. Through this membership, HITI aims to support technological research within the Korean food tech industry and promote collaboration among young entrepreneurs.

"We are pleased to welcome HITI as a partner in our efforts to solve the pressing food issues facing humanity while building viable business models," said Professor Lee Ki-won, Co-Founder and Chairman of KFTC, and added that "HITI's global expertise will be a valuable asset in creating a healthier future."

The first-ever HiConf took place in Dubai in February 2024, with over 500 executives from international biotech, plant-based, and cultured-food businesses, as well as investors and food brands, in attendance. The next HiConf will also be held in Abu Dhabi in February 2025.

About HiConf

HiConf is a global platform for cutting-edge alternative protein technologies and food tech innovations with the goal of establishing a more sustainable food system. Driving both economic growth and sustainable development in the food tech industry, HiConf is a hub for groundbreaking discussions with global leaders and pioneers in the food tech industry. For more information on HiConf, please visit https://www.hiconf.ae/.

About Healthy Innovations Technology Investment (HITI)

HITI is an Abu Dhabi-based investment fund dedicated to advancing future technologies that contribute to creating a healthier world for the global population. The company's philosophy is rooted in the belief that sustainable innovations are essential to addressing our planet's challenges. For more information on HiTi, please visit https://www.hiti.ae/.

Media Inquiries:

Edelman Korea
Kiyoon Kay, Kiyoon.Kay@edelman.com
Christine Lee, Christine.Lee@edelman.com
Yunhae Na, Yunhae.Na@edelman.com

** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **

HiConf Seoul 2024 successfully wraps up, sparks up discussions for future of food tech and international partnerships

HiConf Seoul 2024 successfully wraps up, sparks up discussions for future of food tech and international partnerships

HiConf Seoul 2024 successfully wraps up, sparks up discussions for future of food tech and international partnerships

HiConf Seoul 2024 successfully wraps up, sparks up discussions for future of food tech and international partnerships

HiConf Seoul 2024 successfully wraps up, sparks up discussions for future of food tech and international partnerships

HiConf Seoul 2024 successfully wraps up, sparks up discussions for future of food tech and international partnerships

SINGAPORE, Oct. 25, 2024 /PRNewswire/ -- Worldwide Stablecoin Payment Network ("WSPN"), a leading digital payments and the issuer of Worldwide USD ("WUSD"), today announced the appointment of Austin Campbell as CEO of WSPN US. Mr. Campbell brings extensive experience in stablecoin markets and digital asset strategy to his new role, including running stable value products at JPM and Citi, managing reserves and risk for the Paxos stablecoins (BUSD, USDP), and having helped to design PYUSD. This appointment signals WSPN's commitment to building first class financial products and revolutionizing the world of payments with its "Stablecoin 2.0" vision to deliver faster, cheaper, and safer transactions for all.

Building on his significant contributions as Head of Strategy, where he was instrumental in shaping WSPN's strategic roadmap and identifying new market opportunities for WUSD, Mr. Campbell will now lead the effort in bringing this vision to the US market and beyond. His primary focus will be on:

"I am incredibly excited to become the CEO of WSPN US," said Mr. Campbell. "Stablecoins are key to improving the global financial system. We intend to build the best products for consumers and end users, creating a fair system where people control their own money and have global access to dollars. Our goal is to bring world-class user experience to stablecoins, where many users making payments in dollars won't even have to think about the fact that they're using blockchain technology. With WSPN, we're committed to building a better economic model that fosters a virtuous cycle of adoption, benefiting the entire ecosystem."

Prior to joining WSPN, Mr. Campbell was the founder and managing partner at Zero Knowledge Consulting, advising on market structure and risk management within the crypto ecosystem. Additionally, he is also an adjunct professor at New York University Stern School of Business, educating the next generation of Web3 leaders. His previous experience, including Paxos, Citi, and JP Morgan, coupled with his thought leadership in stablecoin mechanics, uniquely positions him to lead WSPN US towards a future powered by accessible and equitable financial solutions.

"Austin's expertise and vision have been instrumental in shaping WSPN's strategic direction," said Raymond Yuan, Founder and CEO of WSPN. "We are confident that under his leadership, WSPN US will play a crucial role in driving the mass adoption of stablecoins and transforming the financial landscape for the better."

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About WSPN

WSPN is a leading provider of next-generation stablecoin infrastructure, committed to building a more secure, efficient, and transparent payment solution for the global economy. Their flagship product, WUSD stablecoin, is pegged 1:1 to the U.S. Dollar and aims to optimize secure digital payments for Web3 users.  WSPN 's Stablecoin 2.0 approach prioritizes user-centricity, community governance, and accessibility, paving the way for widespread stablecoin adoption.

Learn more: www.wspn.io | X | LinkedIn

** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **

WSPN Names Austin Campbell CEO of WSPN US to Drive Stablecoin Innovation and Expansion