Blockchain Events 101: 5 Tips for Staying Safe and Smart
Blockchain events are not only platforms for innovation, collaboration, and education in the crypto space but also reflections of the performance of the market. In 2023, the global blockchain technology market size was valued at US$17.46 billion and predicted to increase at a compound annual growth rate (CAGR) of 87.7% from 2023 to 2030.
With the market expansion comes increased interest and participation in blockchain events. However, these conferences and meetups aren’t without risks. Hackers, scammers, and thieves are drawn to the lucrative landscape, having stolen around $1.7 billion in 2023 alone. Given this significant threat, it’s crucial to protect your personal and digital information when attending blockchain events.
How to Stay Secure and Connected at Blockchain Events
To help you enjoy blockchain events, conferences, or meetups without compromising your security, here are some tips to follow:
1. Do your research before attending
Before signing up, be familiar with the organisers, speakers, sponsors, and agenda. Dive into the official website, scour their social media handles, and sift through attendee reviews. Stay vigilant for signs of potential scams, such as outlandish promises or dubious offers.
2. Update your software and backup your data.
Safeguard yourself against malware and data loss by keeping your software up to date and backing up your data before any blockchain conference or meetup. Ensure your devices, such as your laptop, tablet, or smartphone, are armed with the latest security patches and antivirus software. Additionally, critical files like crypto wallets, exchanges, and social media accounts can be backed up to a secure cloud service or external hard drive.
3. Be careful with QR codes and links
While blockchain events often utilise QR codes and links for information sharing, they can also be gateways to malicious websites or malware. Exercise caution when scanning QR codes or clicking on links from unfamiliar sources, emails, or social media. Always verify the source and destination of QR codes and links before interacting with them.
4. Keep your valuables safe
Given the potential for theft at blockchain events, safeguard your valuables like laptops, cameras, or crypto hardware wallets. Keep them close or secure them in a locker or hotel safe to prevent loss. Avoid carrying large sums of cash and opt for trusted payment methods.
5. Network wisely
While these blockchain events, conferences, and meetups are ideal for networking, exercise caution as not all attendees may have good intentions. Avoid divulging sensitive information to strangers and steer clear of unsolicited offers. Prioritise due diligence and background checks before engaging with anyone you meet.
Enjoy Blockchain Events with Confidence
Enjoying blockchain events is all about balancing fun with caution. By heeding these tips, you can navigate blockchain conferences and meetups with confidence. Remember, safety and security are your responsibility, and prevention is better than cure.
If you’re on the lookout for upcoming blockchain events, mark your calendar for the London Blockchain Conference, happening on 21-23 May 2024, at the ExCeL London. It’s a premier gathering renowned for its scale and diversity, covering hot topics like DeFi, NFTs, DAOs, and Web3. As you prepare to attend, be sure to apply the safety measures shared in this guide to safeguard yourself and your data for a worry-free and enjoyable experience.
Hear all about what will be covered at the London Blockchain Conference by Alex Stein, Conference Director, in the E-Mind podcast with Kary Oberbrunner.
