ICO狂想曲.pdf
F O C U S+A 8t /HMay 2, 2018h N X SH ,f8dc ;( d *k Y 8 1Y*d(S y 6*Y|fC4c j *dpl,ZTf/ *q md *k8dpYc * Y *Zf0 7!7LakooYL l dd ;8 wNH *8Y dd *kY Q2dJ lYLikeCoind ; q W LikeCoind|/ oY *fLikeCoin d , e7 d j16fkLikeCoinY ULikeCoin5 *kd *k QYLikeCoind3 lI W, f_ QUY/d *kA YS dBYpLikeCoinY?hf LikeCoin f *QY *ZfY Q6*d Y ;HY 3S cdd jY 8. NxGd0 )d : /LikeCoinfLikeCoin ?Bitcoin. Y UeEthereumfeJ c SuY ? d4JSH Ue 67Y ;(d eY ?j G f_ILLUSTRATION:PANYEUNGCHANICO ! ksT sYICO8+df6B *8 skICO 38 FOCUS/ A 8t /H May 2, 2018e UJf HRY ;(dG ?e dIj6 YETHJ wAY W d(Y ?e YY f4dLikeCoin l* t54005d_cdk d fLikeCoin h8 Z5 /dfzJ* 12600d 6600 d* X;20170 8HY;iIPO X7422 fLikeCoinY* HICOInitial Coin Oeringd/ dJSG f*Y l d W Y ZfICOY d4 JSH W Y :*j + YSH $Y_t (d( YSG4QYd+ H_ (H bY : /f :4 $e W o+Yd_ W Ht d( t3 l, d 1 85 H_ (Y f4ICO ! kJdICO Y 9 k 3Y q H J8+ kLc XDhS8d Y fd Y%JSHH Y dJh4Y XDprotocolq GYd4 HQ f Y fICO(k /4 XDqY dd6Y ,4 Y|d_ “ XDYJ5Yd6 m =d m 5 d vYXD ?d 3Qf * t ;(i-houseIHT *Y lR+N;Ricky Ngjd- !8dICO +* *4q ?Yt d J8j_ ?d_ 9“Sd( 7kY d ;R dH Yt ?SH 1Pd UYdN;f$. 0!YJdICO Y .d+m_Y dN;QdICO +s S4kdA4e+ ? *d _ (jf Ydp #Y Z ;RdI if( sHrY J6iI 7h%d .7 E 8aq J!Y-Y bf ZJ z_88 Y -d A 8s- Rahul KapoordJ m8YY q Y f , 6!MD. d 9jf 0Cq W I 8Sud hY*d He sU tf Y “ 68fWorld Economic ForumYjd; qM #d “ q 1YX.f20184d “ Kg 68 “ m8Y B G Y q;(dAPL! , *Zd; B SHY;( qd bf6! yq J qYI AY Uf ? 1d - Y y6PSA 7 PSA International Pte.q YAPM!APM Terminals Z4I;(fAPLq jjdA AY *f j!Hd! - q I 6 fd Y fA 8 wkdG 1 ,!Y Qh8YIf 68 VmY mdFuturenautics A R- K D Adamsond H8 Gd+ 6YGI Uf7Kyunghee ParkiG Z q 9 S vd “Y 6!q SS Xd Z- UQSH6;(dI |J1960 z_ 8JYf:- 6 CMA CGM SAhYAPL! - 0 Anheuser-Busch InBev NVe j!Accenture Plcer qI ;!1dA Y ? Y 6;(f2017d 7 $u!Hyundai Merchant Marine Co.4gKSDS!Samsung SDS Co. Y U Y 6f C uj6Y Jk5d 6Y 3 1 Yf J N T yd 3q2 , 6 f J p+djt pdHY 6 #ee qIf2014d ? 3YSHS/q0Y8 u-6 Y f! $drY d30HqY H Y6i f JY34 5 Qg /dI10 #fIS 3Bd8 QYf ,qt “ q dpJ “ q Y Sd “ Y 6! ?jd!IBM*d; C3 Jqd ? Y3d gjYqt q Y f?-Y #*dJ 68 e E5- d 1Q ?j44 FOCUS/ A 8t /H May 2, 2018 FOCUS/ A 8t /H May 2, 2018PHOTOGRAPHER:LINHLUONGTHAI/BLOOMBERG Y q d Z; H Y 8M #I|Y “6c fgK hYJtq !gKSDSSamsung SDS Co.Y 8 Song Kwang-wooHdgKeMGSH n Ud 3=pY “ 6 1fSDS!jd U 64 6I%-20f Y8 jBQ1 dH (Q 3 t9 /-YRY8UdSd gK J KS F64 s n Y “ SfSDSM jY .gKe Uf4 Z 86 *6BdSong Kwang-woofSDSY Rf J? !p Y;(df $Y . d “SfY d4 SG Z t eqY N f 48YBfd“d *!Gartnerk d Y8 Q2025 Z 1760Y=f68Y 5kHd %-Y8 Gq yXY fIBM!Hd 6YIJ w 6iYG4fIBMM ? A.P. Moller-Maersk A/S*d 3 JYd # 6fSDSk Z #48.8Yd6 Jq100H Q f gKe *YOLEDjqS9f/ Y *8 Cheong Tae-suHd U?5 _ * 1 Y d+!)F *Yd 7 -39 Y lkf %-M # ld dCheong Tae-suf4 D “ d 6 q d 67Y lkf7Sam KimeMyungshin ChoIu iG Y8 jBQ1 d gK J KS F64 s n Y “ SfSDSM jY .gKe UfgK M # “6 k Z q zY dgKe J KS Y8S45