Anndy Lian, an intergovernmental blockchain advisor and book author of Blockchain Revolution 2030 met up with Jan and Nic from Bitcoinlive to share industry updates. Anndy touched on topics on how receptive are governments when it comes to blockchain adoption.

• How acceptable are governments with blockchain technology and cryptocurrency?
• How will blockchain value add to some of the governmental initiatives?
• We are doing better than the traditional markets right now. What should be the mindset of crypto companies in the next few months?
• Huge number of Bitcoins bought by institutions, what are the possible outcomes? – How regulations can keep the industry safe?

You can watch the video on this Youtube link:

https://youtu.be/3Zo-Sl6ZusU

 

Or read the transcript here (Transcription is not edited, exported from Youtube transcribe option):

Anndy Morning all good

bright and sunny outside yes you can see

oh wow yeah it’s good to see you it’s

been a while yeah good to see you in

real life you know how’s things going

yeah yeah we have been through a lot lot

of development on the outside a lot of

nice interviews nice people joining us

from Twitter

we had gokon crypto on the show and

crypto finally yeah two big influencers

and they know a lot about crypto and

blockchain as well from the states and a

lot of new guests are lining up yeah so

that’s really cool

but it’s good to see you yeah so how are

things at your end and any new

developments you’re working on not not

really not really but yeah in about a

month time or so you know I have to look

at some some other activities with the

government because my mind my beauty

with them is that going to beat you soon

so I’m also thinking of what else do you

do you know the for me from from a

governance perspective and also at the

same time we we also get other things so

so they’re new commands a female that’s

really exciting Anndy I see you you’re

enthusiastic about something but you

cannot tell us yet so we’ll wait and

we’ll wait and see

yeah really I’m getting excited if I see

that look in someone’s eyes then yeah

we’ll keep watching and learning so let

me know like you need anything in terms

of you know if you look at the crypto

finally and and and the ladies and so

forth you know most of them they are

speaking from the same time zone yeah

and so I I was also finding the idea of

having multiple speakers here on

different times

from different countries permanently as

a as a segment yeah so so that we could

all interact and share some of the

latest updates you know from from the

crypto scene or from the critical

business scenes and so forth so that it

would be something then be good we could

have a own version of DOS at any of them

yeah yeah great that would be really

nice can Paul

yes yeah yeah well you know tell them

about this idea I think it’s a really

great idea because you also had the

blink list you on Twitter and yeah and I

personally think we spoke to a lot of

people last time we had at one or slap

in the show as well and that guy had so

much knowledge about how do you say it

again validating a crypto wallet he

explained to us he’s a programmer as

well that we have a lot of trust in in

wallet and he says crypto is very safe

but the wallets aren’t a lot of wallets

aren’t and I well I was scared a little

bit but he explained it in a really nice

way and he is trying to validate as much

as many wallets as possible to help the

crypto community be safe and he knows a

lot about blockchain as well so that’s a

really nice to get to talk to more and

more people who have their expertise in

in different parts of crypto and

blockchain so I think your ID would be

really great to try out yeah just

combine different perspectives and on

the crypto world some technical some

just use case and some yeah so you can

combine all those knowledge oh yeah

although no mature wisdom because I’m

because I’m on a very practical side of

things he’s he or she is right that most

of the wallets are not not compliant and

I’m not safe in many methods but then

the next thing would be which one will

be the good wallet yeah so based on what

I see there are a couple of good ones

but many many bad ones wrong so yeah so

then there will be a separate that would

be a separate channel yes yeah I also

almost thought about making our own

Bitcoin live wallet my spy him but then

I was getting a little bit scared if

people put a lot and a lot of money in

their wallet and it will go wrong then I

will be accountable yeah this is best

legality issues when you do that so yeah

I will not ever ething is decentralized

okay right no we just keep this off yeah

we’re now live in the show you are live

in the stream there Anndy so that’s

important to know

yeah you do you jumped into the last

year so yeah this is life ya know we can

talk about wallets and so far one on

another on another day you know some

Chinese experts in our shared someone so

yeah I would yeah when it comes wallets

yeah you know so let’s let’s do that man

let’s do that okay what are we going to

talk about the daemon yeah we want to

talk about governments yeah so because

you you’ve done a lot of work also I

think with European governments but of

course a lot of work in Asia and we know

some of the European developments but we

have we have no clear view of what’s

happening in Asia if you can tell us

something about it but also your work on

in Europe is I think very interesting

because you’re working behind yeah

behind the screens yeah we aren’t I

seeing no okay

so maybe maybe some of some of the

things about government is neck

a lot of things are behind the scene

right now most of the most of the work

that is being done very much on on a

partially trial schemes we are the one

who have very very certain technology in

place before they roll it out on a

national level

yeah so so start up the government that

I’m involved with I’m not going to name

them because they are Sun sensitivity

behind this all right but but I can

share if you do a few things that are

already in the pipeline yeah some of

them are really working on a digital

identity how the identification is going

to work you know when it comes to the

the data and the sensitivities and and

so forth so I know government are really

working up at that yeah some government

like Singapore they have rolled out

things like um satisfying certificates

you know the applications beyond

diplomas right education so that that is

a really being done by some of the

government I know one of them is

Singapore and is the open project open

source so that that day something is

done the identity one is a bit yeah this

would be a sensitive super go I know I

do not want to name Budhia

now on soil but apart from apart from

all these things you know they are also

looking at several things one is how we

could really create a kind of trust

between the citizens and also between

the government setups or the government

organisations yeah we are also looking

at how blockchain can help to create the

kind of trust there between between the

two bodies so it’s just again in a very

generic sharing session here

so I also I would betray the trust sorry

so you you said they want to establish

trust between the user and the public

and the government so so yes yeah how

what’s their few on how to reach that

goal how do they one do you you have to

see the whole situation based on

different countries you know some some

countries they have already gotten a

very good digitized platform that

provides feedback that provides voting

that provides a two-way communication

between a citizen and the government you

know some some of them have really done

that so for those who have done that

based on what I understand many of them

felt that you know it’s not necessary to

look at blockchain because they have to

I really have a system that is good and

running yeah

if no one to spend too much time on

something that is new and potentially

put them in yeah the worst off stage you

know so so that is that is you know part

one of it part two of it where

government are a little bit more

backwards they are willing to change the

system which you have not that great

system they are all very happy to look

at how blockchain strong film in humans

as a truss yeah we you you just take

that base for them have been we are very

two sided right now you know on

technology adoption so they want

something I state and I was just is also

sharing another another part of the

government would like to actively push

the word innovation into the system and

a day of often spec blockchain of

cryptocurrency as a form of innovation

that they they one will look at so so I

think for for government we are yeah

open yeah they are not very open to

everything because the he would you

would be

Reese you know what if something goes

wrong when you implement something like

this so yes – we might open India in a

very much safe zone right now a learning

stage yeah but they’re catching up very

fast because um I think we said yeah I

put up a tweet post you know on Twitter

saying that you don’t more more sound

professional you know should be taking

up roles within the government sector

you know within a business sector you

know or even within a crypto company yes

um III do see that if we can get in more

people who are like-minded a very sound

in your thinking yeah the duction within

the government sector would be a lot

faster

because right now a lot of the scholars

or the the higher position guys they do

not understand the technology to n you

know because they are not they are not

business people you know they tend to

pick on a very safe route yeah you know

you have two more companies would ever

be F them some or the interpreter kind

of mind to grass you’re right right

alright so they have some problems you

know trying to set up you know whether

they are going for option a option B

yeah yeah is an option C so so things

are very very dragon you know whether or

not they wanted to wait on me people not

want me to it yeah yeah and it’s also a

big change of course if you go to like a

digital

crustless or maybe or a digital dollar

it’s like a huge but but also Nick you

you touch the subject lightly I just

downloaded the app of cific its kind of

privacy it’s it’s your identity a

digital identity and you have to put a

lot of your data in it so it’s a bit

tricky I don’t know I I sent

decentralized it is but it will be

probably used to give your access to

certain health care health care or

[Music]

for traveling so you can use it for both

sides for good things to be safe and to

that that you can own your own data so

you each time you have to give some data

you will get asked – if it’s ok to share

it yeah this is what did you buy it

works on

yeah actually rotate and icon is doing

that the same thing I think in in Asia

and there’s a few more big platforms or

really good well develop platforms who

are trying to do this but you also

always have the part that that you can

also use the privacy in a different kind

of way so that’s a little bit tricky you

have to trust the other end of the part

of the party that’s working on it yeah

yeah do you think without saying any

countries or names of countries do you

think that will be a very will be coming

soon in a lot of countries that you have

to have an app like that or in a way of

governance through through a through an

app decentralized app well see seen

since Israel I recorded you know I do

not want to mention our country but we

will see a very strong pilot trow the

Left will be announced in the public in

the next six to eight months

yep four four four four what for that

for that for that part of all of things

yeah but I also do see that blockchain

companies actively trying to reach out

to government there are unrelated

companies or organization to salya a

solution and under and out of which a

huge proportion of it goes into the the

identity each time that he kind of a

business

and that that is actually a very bad big

step back you know for Gotham yeah if

you look at it if you look at some of

the proposes that I have seen or some

that were being recirculated to us you

will realize that it creates a very bad

stigma for us you know from from the

blockchain industry because most of

these solutions are not really so as

more of these companies go into

government can deal with that kind of

you know maybe half-tons illusion yes

it’s going to keep us a very bad thing

so I I’ve seen you know I’ve seen people

who are trying to solve the KYC yeah

yeah or trying to solve some banking

related issues you know on blockchain

Oslo probably identify the data how they

capture the data from the screen and

then how they make those daytime to

certificate to identify that hey you you

are to are Nicolas let’s go for pizza

yeah but but those data has a lot of

undo poets well yeah you know though so

in my opinion is done for companies who

are really serious about your business

and we may or may not know that they are

not ready here this should really you

know sherry in the public and then see

some expert opinion on some of the

things that they are trying to put forth

because as a as a government guide as

well you know we look at things that are

credible you know wow we just imagine

you know you just imagine open up to a

tender for for blockchain related

projects pertaining to each identity

yeah five tender that that you get or

some of the five proposes that you get

for them are not ready you know and then

one of them they seem to be ready but

you know the government guys would have

real of us you know a lot of skeptical

thoughts you know they are unknown

the projects right so they might think I

very man you know all these the

blockchain guys are not doing the job

properly and get solutions are not that

great you know why don’t you go back to

the same ol same ol bender you know that

there’s in our country that is doing

well reading in the market or they

already doing facial recognition and

blah blah blah and so so III have this

more personal guy I don’t think that

this should put up projects that are not

really and then push it to the

government because then will then go

back to the mix go go to the next topic

about regulations and Katya if we have

the kind of impression of perception

that you know oh this is busy sir this

is abortion industry you know then then

then what would be the governance or the

regulations as going to come up from

from from from all these regulators they

would think that you know seems you know

we are not ready you know maybe the

cryptocurrency part is also not really

you know not ready for mainstream so for

vessel and give you a lot of obstacle

you know for companies to go into this

go into the adoption mode and then we’ll

also deter and and put us do a backward

position yeah so those so so again you

know we have to emphasize on things that

are credible yeah things that are new

over so then so that from a government

perspective they look at us from a very

different mindset you have a platform

you know those guys are you know we’re

here no but they may not be able to do

the work yeah so I think this should be

something that you know we have

everybody you know let’s this let’s do a

good job you know let’s promote

ourselves properly ya know and and I

think we will go on very well you know

in the Knicks in the last fourth of to

zero to zero because I do see that

companies trying hard yeah government

are trying to open up very much

zendo so because we look at is from the

more inside spider spectrum so if you

are not ready you know the government

folks the director who is working for

the minister with you know you very

politely you and say that well it’s a

good job but if I could certainly some

of the emails that we have got them from

some of this assessment is is horrible

you know we you wouldn’t believe you

know how bad he was you know some of

them right now you know they actually do

a teaching on and soon yeah a lot of

these are being captured and that is

going to be very bad you just imagine if

there’s a wiki leak or there’s a supply

chain week you know where it’s circling

all these videos out you know what their

time or their pitching that would be

really bad for for the hospital I do

hope that people just some not just

people just just company is going to be

very very pet food we’ve what we are

trying to put true yeah no everything is

recorded man yeah that’s true

professional yeah yeah that’s good

advice there Anndy yeah you see like I

sometimes get the impression you got

like the very big countries like China

and America there of course pushing for

their digital currency but you you see

actually see more adoption with the

developing countries like Cambodia and

and others that that that and small

islands and small islands that

recognized the the power of blockchain

and they’re very flexible and also the

integration of blockchain and AI and

machine learning and internet things

yeah you know those things all come

together of course oh they want to start

a real new economy and a new style so

but but do you see that the developing

countries are in the lead in this race

again it goes back to my earlier

conversation with the option one option

two right option one is

a country that is fully developed you

know more to live what it is in

Singapore I do see that Singapore is

fully developed in terms of the

infrastructure in terms of some of this

a credit system they want us agree about

them when you’re a Singapore due to

quickly adopt things like blockchain

cryptocurrency or even digital payment

we are there we are we are quite far

behind from some of the countries that

are developing they’re not developing or

maybe some of the countries that that

you don’t really you know see them as

real competitors but but they your

adoption rate is not high yeah no but

then you come back to the the crypto

scene and the blockchain see you know

countries that are developing or they

may not have the full structural

component yet for some of you or some of

their key key sectors or some of the key

functions they are more open or change

in there I’m not opening the floor to

get them open a lot more open to look at

how to incorporate new systems a new

technology into the media framework yeah

so those people are more or less

skeptical and they are willing to try so

yeah so so far I’m not good really bad

blockchain adoption examples no to be

honor be honest some of the smaller

islands or some of the smaller cities

blockchain in some of their

financial systems yes I am be aware so

how early persistently so forth or even

some to the supply chain yeah they did

very well because they start off as a

plane he’s Armenian and us real of their

space their legacy problems you’re right

man so so there are a lot more adaptive

to the situation and they are more open

to look at cumulative possibilities or

new opportunities for them to grow

a few steps faster than some of the

neighboring countries are example you

know some some of them maybe in the

supply chain woman you know God

government mod G G to G to be kind of

relationship here is that no we also

tell them you know if you are selling

mineral what you know you know from a

certain country you know yeah if you can

authenticate your mineral water or give

some proof of certificate that this is

real from from this displays and so

forth you know you can do your country a

lot better you know than just filling up

water with with you know importers and

trying to sell them up

so these things back to a certain

marketing gimmick how how to position

your product how to position your

countries put up and so forth

that really helps you know so them so we

we see that there’s a lot of pro in

terms of you know even tracking proofing

that this product is really it would

give people the confident that you know

just example you know some people would

say that Haley no I I don’t like Chinese

product you know they are not not good

you know the quality is bad as I try you

know but but coming to the fact if you

are able to authenticate this

reassurance you know like what BJ was

trying to do yeah through much other

projects you know then then it creates a

value for the company as a technology

provider

ya know also keeps the country a better

name because you took the extra mixture

and the Prada is from your country yeah

so so things things like this you know

technology really help and the

technology can help to advance em into a

different stage and and this why Ghana

man is a very great food you know of

technology like that you know a lot of

things I mean supply chain is just one

thing even if all for some of the

countries who are very pro casino or

game yeah

first we want to do one you want to see

how can they open up you know your

casino services and thanks Devon you

know what’s important you don’t go to

tax then yeah yeah that’s important so

alder right true true true the the use

of cryptocurrency

and that can be done very easily Joe you

know using US dollars we’re a lot of

money we’ll just you know just just just

disappear battery that you know from gap

from data for now folks yeah

look if dome and that would give them

accountability more morning

opportunity to thank them yeah no again

government do you like the fact that you

know everything is traceable yeah true

yeah yeah so I think it’s still a very

good thing for government you know so

when you when you look at this

development of digital currencies

against the backdrop of the economic

situation right now

do you see it like an accelerator or

what do you think the impact is of the

economic the current economic situation

on digital currencies this is purely my

personal opinion I find that you know

there are people online who are trying

to compare cryptocurrency the goal

cryptocurrency the US dollar and so

forth and then and then they also try to

compare two different financial systems

you know that is that is in the market

right now right you also talk about how

the stock market is like versus how the

criminal market is like how volatile you

know cryptocurrency are and so forth but

but to me I think I think

cryptocurrency or maybe we talk about

very specific like the Bitcoin network

where the program and so forth what what

what we are trying to do here in this

industry is not to compete with current

traditional finance markets you know

what we are trying to do is

so like a trowel run a smaller trial run

to show people you know if if I’m the

bucket maker behind bitcoins I’m no I

would think this offers you opportunity

to show people that hey you know during

the worst days right now you know we are

doing better than the traditional jerk

yeah we are we are doing a slightly

different way and then we have a

different mechanism to show them that

hey you know during bad times the crypto

market even the all markets are

sustainable

• if I’m the market and I do that who

give confident to all the people who are

into criminal currency and then to show

the mainstream media and the mainstream

business man yeah no no we are doing

very differently so so again it goes

back to how the whole marketing message

is going to be like only by examples

yeah be a good example

yeah yeah we want the top right you want

the top and the year you can show good

results right we yes you can look at

some fit statistics you copy but I hate

Wow Wow everybody is being very badly

you know we have you know we have a

proof of eczema yeah I hope this story

would be like that you know but I am Not

sure you know I’m not sure there’s more

like a direct competition and a lot of

head banging I don’t really see that as

a competitor because you look at the

market cap and the size this is you know

how however big you know some of some of

the exchanges are right now my bad okay

ask you consider small in the financial

market true so so the good thing about

what we can do right now for exchanges

is to show that they can survive better

yeah you linger at times and if they can

survive better during these really bad

times when the whole Cove in nineteen

means

his back is gone you know they can

become goofs up a lot of confidence you

know in the inner ear and again this

gives the government guys a very very

good experience yeah he would think that

we you know things are different right

now right yeah there were a big few big

signs that are positive for Bitcoin

especially like Paul Tudor Jones one of

the largest investors in the world

endorsed Bitcoin and of course greyscale

who’s buying more Bitcoin than any other

person or entity at this time I thought

I bought up 1,800 bitcoins each week

something like that so that is endorsing

Bitcoin I’ve in a person that’s my

personal opinion then but it gets gives

credibility to Bitcoin especially and

the crypto market in general if they

keep that up well we could see another

end of the year for a crypto currency in

in general yeah you know let me ask you

if you continue to buy that many Bitcoin

and keep them you know what one would be

a possible outcome from economics then

it will be centralized yeah that’s

that’s a little bit dangerous I think

and if they get to large portion of the

Bitcoin the liquidity will go down and

then eventually the price will go down

if they keep their Bitcoin in their

pocket

yeah yeah right but they’re like custody

yeah but you got custody means that they

can use to use the Bitcoin you know acid

rain so yeah I just don’t keep it as

light design so again you know what

grace Kier is trying to do or some other

institutions who won well I mean they’re

not in the media alignment you know they

are trying to do is to use through a

whole as many as possible but as they

are trying to do it is a platform you

know centralization or you know you know

centralizing a lot of these I said

together liquidity would be a would be a

big issue as now through and

and then a lot of a lot of people who

were thinking about you know playing

with futures and options and so forth

you know they’ll be in you know what’s

off situation do you sell this you know

you’re just buying future money man so

so again caution on all these things

that stirs this give government more

confident I don’t think so man you know

is this gonna give businesses more

confident reduce this yeah I don’t think

so because they would they would think

that you just become a you know a bank

if if you have a lot of Bitcoin with you

you can become a big banker there are

new Goodman it mean so so again a lot of

these things boil down to you know the

whole market is not just about peak on

the market it’s about how you look at

all the kryptos another use cases the

technologies we are being being being

adopted by so even then that two

portions are done beautifully then

actually bitcoins will do thanks so

we’ll look at it like that too because

we we love Bitcoin of course but we also

see the rest of the old coins putting

something valuable into the mix it’s not

just Bitcoin now now I think the use

cases and the integration and the

usability because some yeah stuff is

still too hard to explain to your

granddad or your neighbor so if you have

a yeah and to yourself so it has to get

more usable still the wallets are

getting easier and easier but still you

have to know a little bit about it more

than you do just using your bank account

so it it should be easier you know yeah

there’s also the whole itõs like being

your own bank you have to you have to

teach people again too

to take responsibility to take

responsibility and to learn what’s money

and where does it come from and how does

economics work so yeah there’s a lot of

catching up to do

yeah that’s very true but but being on

the bank

you know means a lot of responsibility

there right so you know we talked about

this very casually but you know when

you’re really gonna do it

it’s very hard yeah easy you know the

problem of people defaulting on loans

yeah

these credit cards easy yeah all right

so you’ve got a bank yourself if you

have a bank and then someone took your

money and then you run away yeah there’s

no way you can get it back no no that’s

a Leo Wonder slap also said you know

some of those bullets are probably exit

scams or somebody can get you know

threatened yeah and then they’ll just

take your phones and they’re gone and

you cannot find them anymore as a normal

person

yeah there’s nobody to go to so there’s

a lot a lot of work to do it that’s why

we really love your vision and the way

you talk about blockchain and crypto

because you are very good at mirroring

the responsibilities but also your own

accountability and your own how do you

say oh yeah and it’s also very

interesting to have the government

perspective on this because because in

the crypto world there’s a lot of

negativity towards governments and

central banks but they yeah of course

you will have banking in the future you

need some sort of regulation you stay

safe and if if if it’s all down to

anyone who can make a wallet or anyone

who can make a cryptocurrency

then you have a real danger of losing

all your money and if it’s all your

savings as a person or a company yeah

then you will never trust

cryptocurrencies again and I think

there’s also a lot of there’s the theme

of the Millennials and they don’t trust

big in institutions like with the fourth

turning

there’s a lot of pressure on

institutions to improve to improve and

to regain that trust of future

generations GNC and Millennials which

will be I think very difficult and yeah

maybe we get any because we wanna run up

the show we want to do one giveaway

after you leave but maybe we can talk to

you again on that subject because I

think it’s a very important one

yeah and maybe in the near future you

can tell us some more about things

you’re working on when that’s allowed or

when you’re you’re able to and I really

love love what you’re doing so I always

follow you on twitter and any

interesting discussion and yeah that you

launched and yeah will also support

support you any way we can and I’ll

still do some writing yeah let’s do that

I mean just a not missing pistol session

I really love to see how we could all

have a more regular chatting session

yeah people from different parts of the

world

yeah and I think we could you could

definitely do well and as for myself I

will be ending my my my state with the

government for in about 1 1 1 month

prospect so I’m also thinking of you

know whether God actually put in more

time with certain projects quite

strangers or even when another

government organization so I’ll keep you

posted

no please do really excited and really

interested in what you’re doing so yeah

keep us informed please Anndy although

for your giveaway I’ll be okay thank you

very much

and Elia we say goodbye and see you soon

that and we will ask our other

influencers and people in blockchain and

crypto to tell them about your ID and

try to get them also in touch with you

so we can organize it yeah if you can

let’s do that

yeah and and let’s meet again next week

maybe yeah yeah that would be great Anndy

Thanks all right thanks for being on the

show again

take care bye bye bye yeah that’s a good

question

English (auto-generated)

 

 

 

First posted on HIVE Blog: https://hive.blog/government/@anndylian/anndy-lian-shares-insights-on-blockchain-technology-adoption-for-government