Keynote speech by Anndy Lian: Understand DeFi to Build Regulatory Frameworks Around it

Keynote speech by Anndy Lian: Understand DeFi to Build Regulatory Frameworks Around it

Decentralized Finance (DeFi) is still in rapid growth. According to a report from CoinGecko, the industry has reached a $100 billion capitalization and over one million users. Global DeFi Investment Summit, 2-3 June 2021, Dubai brought experts globally together. Anndy Lian, Advisory Board Member to Hyundai DAC and also Chief Digital Advisor to Mongolian Productivity Organization gave a keynote presentation titled “Understand DeFi to Build Regulatory Frameworks Around it”.

Anndy walked the audiences through the challenges of DeFi tokens. “In 2019, we were all experimenting. Then in 2020, we wonder if DeFi tokens have real value. But in 2021 onwards, we should look closely at them if they can survive the bear plunges, then survive the financial crisis and then a global crisis. This is a real test. This test is not for DeFi, it is for NFT, IDOs and the whole cryptocurrency space.”

Lian highlighted that the decentralized governance of DeFi services poses operational challenges and if often not well understood in the exposures in financial risks and compliance issues. DeFi’s landscape is ever-changing and it is tough for the traditional finance industry to keep up. The governments are also playing catch up.

“Regulators understand that it is hard to regulate DeFi DAPPS built on a fully public and decentralised blockchain and they do not trust “code is law” thesis, wherein law represents a set of rules that are written and enforced through immutable code as there are possibilities of errors and frauds. I have suggested to the governments to encourage participants in the DeFi Industry to have co-operative models to assume governance and liability of operating the platform. This also provides some guidance and protection to DeFi application users or investors. This is maybe an unpopular opinion to some but this could be one way to co-exist.” Anndy Lian said.

At the end of the keynote speech, he urges the regulators to take this time to shape expectations by working with the right parties, while taking enforcement action against bad actors.

Global DeFi Investment Summit is a 2-day Program being curated based on guidelines from industry experts, with a target of about 200+ delegates. The goal of this event is to connect global investors and DeFi experts in this space including emerging start-ups – with regional business and leaders from across key industry verticals. This event has also featured other keynote speakers like Justin Sun, Founder at TRON and Tim Draper, Founder at Draper Associates & DFJ.

Video:

Anndy Lian is an early blockchain adopter and experienced serial blockchain entrepreneur who is known for his work in the government sector. He is a best selling book author “Blockchain Revolution 2030” and currently the Advisory Board Member of Hyundai DAC Technology. Anndy is part of the Gyeongsangbuk-do Blockchain Special Committee, Government of Republic Korea, together with industry experts such as Brock Pierce. He also played a pivotal role as the Blockchain Advisor for Asian Productivity Organisation (APO), an intergovernmental organization committed to improving productivity in the Asia-Pacific region.

An avid supporter of incubating start-ups, Anndy has also been a private investor for the past eight years. With a growth investment mindset, Anndy strategically demonstrates this in the companies he chooses to be involved with. He believes that what he is doing through blockchain technology currently will revolutionise and redefine traditional businesses. He also believes that the blockchain industry has to be “redecentralised”.

You can read more about Anndy’s work at www.anndy.com

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Panel Discussion: The Future of NFTs in Emerging Industries

Panel Discussion: The Future of NFTs in Emerging Industries

Proof of Origin: The Future of NFTs in Emerging Industries panel discussion is part of the launch of the first movie-based NFT Marketplace with the first-of-its-kind Proof of Origin NFT from a Marvel artist.

The panel consist of the following experts and moderated by James Pratt, an award-winning actor, director and is one of Australia’s Top 5 under 35 in Entertainment.

Phil Ingram is the CMO at Lepricon.io, a community-owned and governed prediction games platform. He is a former VP of Remote Lands, and specializes in strategic marketing, digital & social marketing, and strategy implementation!

Anndy Lian, Advisory Board Member at Hyundai-DAC, is a serial blockchain entrepreneur known for his work in the government sector. Recently appointed as Chief Digital Advisor for the Mongolian Productivity Organization. Anndy is also an author, thought leader, investor, advisor, and board member to several other companies in Asia and Europe.‍

Jarred Winn, Founder of Winn.Solutions, is a growth hacker at heart, and founded the Bay Area’s first blockchain-centric full-service digital marketing agency. He’s also a former SVP at Binance, a blockchain philanthropist, and a strategic advisor.

Ty Blackard is the Co-Founder & COO NFTY Labs, and CCO at FomoHunt. He built blockchain’s most innovative data curation platform and is creating the next layer of authentication infrastructure by utilizing Web3 based tools that allow for utility management through NFTs.

NFTs have the potential to completely change commercial art, virtual real estate, advertising, music and more. In fact, all items digital can be NFT. The panellists were being asked which other industries would benefit most from NFT.

For membership organizations, staying on top of the latest technology is not only beneficial but can keep you ahead of the curve. Phil Ingram sees the importance and mentioned that “NFTs could be proof of membership in a guild.”

NFTs will make it possible for gamers to take their skins, avatar, or gaming character into every game they play. “Gaming and eSports will be a huge embarking in the NFT space. This is the lowest hanging fruit.” Jarred Winn commented during the panel.

Anndy Lian added that “Please do not restrict NFT to just movie posters or fractioning the film. You can place NFTs in the film. Viewers can watch the film and hunt for the NFT collectables within the film too.”

You can view the live-streamed “Proof of Origin” event on YouTube where the famed comic book artist Rob Prior launched the NFT Marketplace with the burning of an original painting inspired by the Wolf of Wall Street film to mark its NFT mint.

 

The panel discussion can be found at: https://youtu.be/7Cn2OT1r8_4

 

 

Anndy Lian is an early blockchain adopter and experienced serial blockchain entrepreneur who is known for his work in the government sector. He is a best selling book author “Blockchain Revolution 2030” and currently the Advisory Board Member of Hyundai DAC Technology. Anndy is part of the Gyeongsangbuk-do Blockchain Special Committee, Government of Republic Korea, together with industry experts such as Brock Pierce. He also played a pivotal role as the Blockchain Advisor for Asian Productivity Organisation (APO), an intergovernmental organization committed to improving productivity in the Asia-Pacific region.

An avid supporter of incubating start-ups, Anndy has also been a private investor for the past eight years. With a growth investment mindset, Anndy strategically demonstrates this in the companies he chooses to be involved with. He believes that what he is doing through blockchain technology currently will revolutionise and redefine traditional businesses. He also believes that the blockchain industry has to be “redecentralised”.

You can read more about Anndy’s work at www.anndy.com

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Chained Together: How Blockchain is Improving Supply Chains

Chained Together: How Blockchain is Improving Supply Chains

Chained Together: How Blockchain is Improving Supply Chains is an online event organized by the Boston Blockchain Association.

Blockchain is radically improving supply chains by making products easier to track, from the raw materials to the finished goods.

Imagine a world where you’ll be able to see not just where your coffee was grown or your iPhone was assembled, but every step in the process, all recorded on a transparent blockchain.

This has huge implications for everything from fair trade and fair wages, to making companies and governments far more efficient.

The Boston Blockchain Association has put together a distinguished panel of supply chain and blockchain experts to give all a state of where the industry stands today, including:

Leanne Kemp, CEO and Founder of Everledger: Perhaps the most well-known blockchain + supply chain project in the world, Everledger started as an immutable ledger for diamond identification and transaction verification — and has grown into a platform for measuring the “value chain” of everything from rare earth metals to designer handbags:

https://www.linkedin.com/in/leannekemp/

Kristen Michaud, Managing Director at InBlock: Those of you who attended our “Diversity and Inclusion” event during Boston Blockchain Week raved about Kristen. Now is your chance to hear her talk about her experience driving global business processes and leading large-scale transformation efforts in operations and technology:

https://www.linkedin.com/in/kristen-michaud-5773a0/

Anndy Lian, Author of “Blockchain Revolution 2030”. A seasoned business strategist with 15 years of experience in Asia, Anndy has recently worked with the blockchain division of Hyundai Motors and advised the government of South Korea on its blockchain initiatives. Check out his impressive CV here:

https://www.linkedin.com/in/anndylian/

Moderated by Andrea Frosinini from the Canadian Blockchain Supply Chain Association, who is deeply embedded with the Hyperledger supply chain community:

https://www.linkedin.com/in/andreafrosinini/

Anndy Lian is an early blockchain adopter and experienced serial blockchain entrepreneur who is known for his work in the government sector. He is a best selling book author “Blockchain Revolution 2030” and currently the Advisory Board Member of Hyundai DAC Technology. Anndy is part of the Gyeongsangbuk-do Blockchain Special Committee, Government of Republic Korea, together with industry experts such as Brock Pierce. He also played a pivotal role as the Blockchain Advisor for Asian Productivity Organisation (APO), an intergovernmental organization committed to improving productivity in the Asia-Pacific region.

An avid supporter of incubating start-ups, Anndy has also been a private investor for the past eight years. With a growth investment mindset, Anndy strategically demonstrates this in the companies he chooses to be involved with. He believes that what he is doing through blockchain technology currently will revolutionise and redefine traditional businesses. He also believes that the blockchain industry has to be “redecentralised”.

You can read more about Anndy’s work at www.anndy.com

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Anndy Lian X-rays the Cryptocurrencies Hype

Anndy Lian X-rays the Cryptocurrencies Hype

Anndy Lian spoke about at the event titled “The Cryptocurrencies Paradox: Hype, Reality, Opportunities” on 4 May 2021. This event is organised by the People’s Association and supported by South East Community Development Council at the Geylang Serai Virtual Community Club.

Blockchain technology is a system of recording information in a way that makes it difficult or impossible to change, hack, or cheat the system. This technology is often linked to “cryptocurrency”. A cryptocurrency, broadly defined, is virtual or digital money that takes the form of tokens or “coins” has been the buzz word. The two terms come into the limelight again in the mainstream media thanks to bitcoin, ethereum and dogecoin lately.

“Blockchain technology is definitely is not hype. Governments and corporates are adopting the technology. Cryptocurrencies on another hand have a speculative angle. There is hype, just like many other exciting assets. Most importantly, when we look at crypto, we should not be looking at the price only, hype is temporary, the real substance behind the coin is when you see the utility of the coin in the real life.” Anndy Lian told the live audiences.

Anndy has also mentioned that the trend right now in the market is NFT and DeFi. Ethereum who is the second biggest cryptocurrency, behind bitcoin should also be carefully watched. The coin is at $3,400 at the time of the live telecast is gaining traction after the announcement of ‘EP 1559’ fee market structure.

“Ethereum is like oil in the crypto space. It has big followings, liquidity and a proven ecosystem. The fees are high now, but it should be lower when changed to POS. The burning mechanism will be a game-changer for the chain. To add on, layer 2 are also working hard to make the chain faster, cheaper and more scalable as we speak. We should not be worried about the fees now. If you are very worried you can switch to Binance Smart Chain, they are a good choice too.”

At the event, Anndy has also addressed the following:
– The current bitcoin and doge trends.
– How do you evaluate and decide to invest in a project/ coin?
– Is crypto a good long term investment?
– What should I do if I got into a scam crypto investment?
– Should I invest in crypto? How do I buy it?

At the end of the event, Anndy cautioned all that investing in crypto is subjected to high risk, including the possible loss of the money you invest. Check www.anndy.com/updates for the full footages for the event.

About Anndy Lian:

Anndy Lian is an all-rounded business strategist with more than 15 years of experience in Asia. He has provided advisory across a variety of industries for local, international and public listed companies. He is an early blockchain adopter and experienced serial blockchain entrepreneur who is known for his work in the government sector.

Currently, he is appointed as the Advisory Board Member for Hyundai DAC, the blockchain arm of South Korea’s largest car manufacturer Hyundai Motor Group where he looks after the governance and compliance aspects of the business.

Anndy is also part of the Gyeongsangbuk-do Blockchain Special Committee, Government of Republic Korea, helping the province to grow using blockchain technologies.

He also played a pivotal role as the Blockchain Advisor for Asian Productivity Organisation (APO), an intergovernmental organization committed to improving productivity in the Asia-Pacific region.

Lian wrote a book titled “Blockchain Revolution 2030” and is published by Kyobo, the largest bookstore chain in South Korea where he shares insights on how blockchain technology plays an important foundation for the Fourth Industrial Revolution.

Anndy Lian is an early blockchain adopter and experienced serial blockchain entrepreneur who is known for his work in the government sector. He is a best selling book author “Blockchain Revolution 2030” and currently the Advisory Board Member of Hyundai DAC Technology. Anndy is part of the Gyeongsangbuk-do Blockchain Special Committee, Government of Republic Korea, together with industry experts such as Brock Pierce. He also played a pivotal role as the Blockchain Advisor for Asian Productivity Organisation (APO), an intergovernmental organization committed to improving productivity in the Asia-Pacific region.

An avid supporter of incubating start-ups, Anndy has also been a private investor for the past eight years. With a growth investment mindset, Anndy strategically demonstrates this in the companies he chooses to be involved with. He believes that what he is doing through blockchain technology currently will revolutionise and redefine traditional businesses. He also believes that the blockchain industry has to be “redecentralised”.

You can read more about Anndy’s work at www.anndy.com

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Virtual Asset Market in 2021: Anndy Lian said “Crypto is ready for mainstream”

Virtual Asset Market in 2021: Anndy Lian said “Crypto is ready for mainstream”

The market for virtual or digital assets has evolved since its inception in 2009. The changes are rapid. The market has been dominated for some time by Bitcoin and in this recent bull run, the altcoins are also doing very well, some of them with a few thousand per cent increase. We are now seeing significant growth. People from all over the world have flocked to digital assets like Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), Cardano (ADA), Binance Coin (BNB), TRON (TRX), DOGECOIN (DOGE) and etc.

There is also worldwide commercialization of blockchain trend in the market. Companies are now more open to look at this technology. Companies that are more forward-looking are also looking at the potential of tokenising their assets.

The regulatory momentum that began in 2020 will continue in 2021 as regulators around the world seek to either fit blockchain technology into existing regulatory frameworks or build out new approaches. The framework in future could include what is being built in the decentralised environment too.

Join Anndy Lian to discuss the points above. This event is organised by STOBOX and supported by Blockcast.cc

00:00​ — Intro
1:35​ — About Anndy Lian
3:18​ — Mass commercialization of blockchain
8:10​ — Are governments supporting blockchain
13:29​ — Does crypto go mainstream?
18:22​ — Will DeFi replace traditional finance
24:37​ — How to build a community?
30:34​ — Where is the regulation globally moving for digital assets?
38:16​ — How are large corporation moving into crypto
45:42​ – Last words

Anndy Lian is an early blockchain adopter and experienced serial blockchain entrepreneur who is known for his work in the government sector. He is a best selling book author “Blockchain Revolution 2030” and currently the Advisory Board Member of Hyundai DAC Technology. Anndy is also part of the Gyeongsangbuk-do Blockchain Special Committee, Government of Republic Korea, together with industry experts such as Brock Pierce (Chairman, Bitcoin Foundation) and Alexis Sirkia (Founder of Yellow.com), helping the province to grow using blockchain technologies.

He played a pivotal role as the Blockchain Advisor for Asian Productivity Organisation (APO), an intergovernmental organization committed to improving productivity in the Asia-Pacific region. Anndy is also part of the Gyeongsangbuk-do Blockchain Special Committee, Government of Republic Korea, together with industry experts such as Brock Pierce.

Lian is also the Chairman (Singapore) for Korea eSports Industry Association (KeIA), Advisor to CZZ and Investment Director at Passion Venture Capital.

To find out more about Anndy Lian’s work, please visit www.anndy.com

 

The full video can be found at https://youtu.be/BBh8dA_OKMk

 

Anndy Lian is an early blockchain adopter and experienced serial blockchain entrepreneur who is known for his work in the government sector. He is a best selling book author “Blockchain Revolution 2030” and currently the Advisory Board Member of Hyundai DAC Technology. Anndy is part of the Gyeongsangbuk-do Blockchain Special Committee, Government of Republic Korea, together with industry experts such as Brock Pierce. He also played a pivotal role as the Blockchain Advisor for Asian Productivity Organisation (APO), an intergovernmental organization committed to improving productivity in the Asia-Pacific region.

An avid supporter of incubating start-ups, Anndy has also been a private investor for the past eight years. With a growth investment mindset, Anndy strategically demonstrates this in the companies he chooses to be involved with. He believes that what he is doing through blockchain technology currently will revolutionise and redefine traditional businesses. He also believes that the blockchain industry has to be “redecentralised”.

You can read more about Anndy’s work at www.anndy.com

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