LINFINITY Roundtable Reaches A Consensus on the Integration of Blockchain with Traditional Industries

LINFINITY Roundtable Reaches A Consensus  on the Integration of Blockchain with Traditional Industries

(LINFINITY Roundtable in Korea)

“The research, development and commercialisation of technology has become an important issue of industrial development. In this environment, as traditional enterprises start to lay out their visions for the blockchain industry, it has become a powerful driving force in the vigorous development of the entire blockchain industry.” At the LINFINITY Roundtable held in Seoul, South Korea, LINFINITY, together with political and business representatives, such as Dr. Santhi Kanoktanaporn, the Secretary General of the Asian Productivity Organization (APO); Dr. Myung Oh, the former Vice Prime Minister of Korea and Prof JoongHo Ahn, Professor Emeritus of the Seoul National University, reached a consensus regarding the integration of blockchain with traditional industries.

(LINFINITY CEO Anndy Lian)

The Roundtable was hosted by LINFINITY CEO Anndy Lian. He pointed out that computational giants such as IBM, Microsoft and Oracle, have now begun to lay out their own individual roadmaps and visions for the blockchain industry. For example, Oracle recently announced that its self-developed cloud blockchain platform had accumulated a great deal of enterprise users. Pilot applications of blockchain technology have also been launched in a great number of industries, such as logistics traceability, academic certificate anti-counterfeiting, and taxation. The joining of these large multinational companies will significantly elevate the value of blockchain technology in the commercial field. Mr. Lian also noted: “LINFINITY is currently breaking the myth of blockchain being too complicated to effectively utilise, conveying the traceability of blockchain to our traditional industry customers in a simpler, more application-orientated way.”

(Dr. Santhi Kanoktanaporn, Secretary General of the Asian Productivity Organization (APO))

“Asian Productivity Organization (APO), as a leading international organisation with members from the UN ESCAP, is exploring more cutting-edge technologies to address industry pain points and increase the productivity levels of member economies. Blockchain has great potential to bring changes to more traditional industries. APO currently has a dedicated team within the Industry Department to promote and incorporate blockchain technology into the new services and programs which aims to elevate transitional industries up the smart manufacturing chain and to enhance the overall productivity levels of Asian countries,” Dr. Santhi Kanoktanaporn, Secretary General of APO said.

The Asian Productivity Organization (APO) was established on 11 May 1961 as a regional intergovernmental organization, aiming to increase productivity within, and promote the sustainable development of the greater Asia-Pacific social economy. It is nonpolitical, nonprofit, and nondiscriminatory. Currently it has twenty member economies, comprising Bangladesh, Cambodia, Republic of China, Fiji, Hong Kong, India, Indonesia, Islamic Republic of Iran, Japan, Republic of Korea, Lao PDR, Malaysia, Mongolia, Nepal, Pakistan, Philippines, Singapore, Sri Lanka, Thailand, and Vietnam. These economies pledge to assist each other in their productivity drives in a spirit of mutual cooperation by sharing knowledge, information, and experience.

(Dr. Myung Oh, former Vice Prime Minister of Korea)

The South Korean government has always remained open towards various cutting-edge technologies, and makes sure to pay close attention to the positive role of blockchain in national productivity, asserts Dr. Myung Oh, the former Vice Prime Minister of South Korea. He also pointed out that the government should give full play to its guiding function, make conceited efforts to effectively supervise policy in the industry, and create a healthy business environment, so as to attract more traditional enterprises to join the blockchain industry.

(Jang Mi Jyung, President of JMK Global Corp, Global Samsung Corp)

“I think that, in supply chain terms, supply chain finance will be an important breakthrough for blockchain in traditional industries, which will bring unprecedented settlement convenience to the industry. Additionally, fund liquidity will become far more secure and flexible than we have currently,” stated Jang Mi Jyung, President of JMK Global Corp, Global Samsung Corp.

(Pär Helgosson, CEO of Djenee)

“Although the advantages of blockchain technology can solve the pain points associated with informational exchange in traditional industries, only the commercialisation of blockchain technology can bring out its own value. This requires not only the financial support of traditional enterprises, but also the integration of actual application scenarios to solve specific problems. We are constantly trying to do this, hoping to bring more users a better experience,” Pär Helgosson, CEO of Swedish company Djenee said.

The Roundtable was also attended by political and business representatives, including Joshua Lau, the Director of the Asian Productivity Organization in Japan; Hong Serk-Joo, the former President of Cho Hung Bank of Korea; Jex Yoon, the Chairman of Unis Group; and Ahn Gyeong-Hee, the President of the Oktokki Space Center. The Roundtable also had an in-depth discussion on the trend of blockchain and the development of blockchain’s token economy.

For more information about LINFINITY and their future activities, please visit www.linfinity.io or contact pr@linfinity.io.

 

About LINFINITY:

As a credible distributed business platform underlying Blockchain, Internet of Things and Big Data technology, employing a guideline of “Internet of everything and sharing with mutual trust”, LINFINITY is a platform with reliable data, transparent information, efficient cooperation and interconnected network to cope with the practical business pain points and development demand of corporate users.

 

Facebook: https://www.facebook.com/linfinity.io/

Twitter: https://mobile.twitter.com/LinfinityToken

LinkedIn: https://www.linkedin.com/company/linfinity/

Media: https://medium.com/@linfinityio

Anndy Lian is an early blockchain adopter and experienced serial entrepreneur who is known for his work in the government sector. He is a best selling book author- “NFT: From Zero to Hero” and “Blockchain Revolution 2030”.

Currently, he is appointed as the Chief Digital Advisor at Mongolia Productivity Organization, championing national digitization. Prior to his current appointments, he was the Chairman of BigONE Exchange, a global top 30 ranked crypto spot exchange and was also the Advisory Board Member for Hyundai DAC, the blockchain arm of South Korea’s largest car manufacturer Hyundai Motor Group. Lian 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”.

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LINFINITY韩国圆桌会议就区块链与传统行业的融合达成共识

LINFINITY韩国圆桌会议就区块链与传统行业的融合达成共识

(LINFINITY韩国圆桌会议)

“对于技术的研发与商业化的落地已经成为行业发展的重要议题。在这样的大环境下,之于传统企业进入区块链行业并进行布局,已然成为推动整个区块链行业大力发展的强大动力。“日前,在韩国首尔举行的LINFINITY圆桌会议,LINFINITY与包括联合国下属亚洲生产力组织秘书长Dr. Santhi Kanoktanaporn,韩国前副总理Dr. Oh Myung,首尔大学教授Ahn Joong Ho,朝兴银行前行长Hong Serk Joo等政商界代表就区块链与传统行业的融合达成共识。

(LINFINITY CEO Anndy Lian主持圆桌会议)

圆桌会议由LINFINITY CEO Anndy Lian主持,他表示,现如今像IBM、微软、甲骨文等巨头企业已经开始布局区块链产业。比如,甲骨文最近宣布自主研发的云区块链平台积累了诸多企业用户,并在物流溯源、学历证书防伪、税务等行业开启试点应用。这些大型跨国企业的加入,将大力挖掘区块链技术在商用领域的价值。“LINFINITY目前正在打破区块链复杂化的迷思,将区块链的溯源科技用一种更加简单,更具应用价值的方式传达给我们的传统行业客户。”

(亚洲生产力组织(APO)秘书长Dr. Santhi Kanoktanaporn)

“亚洲生产力组织作为联合国亚太经社理事会相关的亚太地区组织,正在需求更多的前沿科技去解决行业痛点,提升成员国的生产力水平。“亚洲生产力组织(APO)秘书长Dr. Santhi说到,”区块链是一个潜力巨大的前沿科技,这项技术的优势势必会给诸多行业带来变革,APO目前已经设专门的部门,将区块链技术纳入了研究范围,以此来提升亚洲国家生产力水平。”

亚洲生产力于1961年根据政府间协议设立,作为亚太地区的国际组织,以提升生产力为目的,旨在通过生产力的提升促进亚太地区社会经济的可持续发展。目前,亚洲生产力组织拥有包括日本、韩国、新加坡等在内的20个成员国,以振兴中小企业、促进地区发展、提升创新主导的生产力以及普及绿色生产力为工作重点。

(韩国前副总理Dr. Oh Myung)

韩国政府一直对各种前沿科技保持开放的态度,对区块链对国民生产力的积极作用保持高度关注。韩国前副总理Dr. Oh Myung表示,政府要发挥好引导的职能,把行业的政策监管问题做好,为行业创造出一个健康的营商环境,才能更好的吸引更多的传统企业加入到区块链行业中去。

“我认为,就供应商链条而言,供应链金融会是区块链之于传统行业的一个重要突破,这将为行业带来前所未有的结算便利,资金的流动性便有了更多的灵活性和保证,“韩国JMK Global Corp, Global Samsung Corp主席Jang Mi Jyung表示。

(韩国JMK Global Corp, Global Samsung Corp主席Jang Mi Jyung)

区块链技术的优势虽然可以解决传统行业在信息交流方面痛点,但唯有将技术商业化,才能发挥出其本身的价值,这不仅仅需要传统企业在资金方面的支持,更需要结合实际的应用场景去解决具体的问题。我们正在不断尝试去做这件事情,希望能为更多的用户带去更加优异的体验,来自瑞典的Djenee CEO Pär Helgosson表示。

(Djenee CEO Pär Helgosson)

出席圆桌会议的还有亚洲生产力组织日本总部区块链项目负责人Joshua Lau,韩国Unis集团主席Jex Yoon,首尔Oktokki Group主席Ahn Gyeong-Hee等政商界代表,圆桌会议还就区块链的发展趋势以及通证经济的发展进行了深入讨论。

Anndy Lian is an early blockchain adopter and experienced serial entrepreneur who is known for his work in the government sector. He is a best selling book author- “NFT: From Zero to Hero” and “Blockchain Revolution 2030”.

Currently, he is appointed as the Chief Digital Advisor at Mongolia Productivity Organization, championing national digitization. Prior to his current appointments, he was the Chairman of BigONE Exchange, a global top 30 ranked crypto spot exchange and was also the Advisory Board Member for Hyundai DAC, the blockchain arm of South Korea’s largest car manufacturer Hyundai Motor Group. Lian 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”.

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Singapore Business Review: Fighting Counterfeits in Retail Through Blockchain with LINFINITY

Singapore Business Review: Fighting Counterfeits in Retail Through Blockchain with LINFINITY

(LINFINITY on Singapore Business Review)

“Counterfeit goods not only deceive consumers, but also bring an indelible crisis of trust to enterprises. It is obvious that traditional anti-counterfeiting means cannot meet the rapid development and demands of modern business behavior – thus, new scientific and technological means must be introduced to help traditional enterprises to mitigate the problem in this industry,” the recent release of the Singapore Business Review highlighted in the special report on LINFINITY’s latest commercial achievement.

Due to its technical sophistication, blockchain is very esoteric and difficult to understand, which discourages the majority of companies from even attempting to engage with it as a viable business platform. Knowing this, Singapore local blockchain company LINFINITY is attempting to commercialise blockchain technology, with an ongoing commitment to informing and popularising blockchain knowledge at the same time. LINFINITY CEO Anndy Lian states that, the integration of blockchain technology with traditional enterprises is not as complicated as one might initially imagine. At present, LINFINITY has been providing blockchain-based anti-counterfeiting services for Singapore healthcare company Scientific Tradition, Japanese haircare brand Herbriller and etc.

LINFINITY has recently turned its attention to the problems which arise from greater data integration between and within businesses. The information collected through traditional big data is rich in volume, but cannot solve the problem of low accuracy. LINFINITY attempts to combat this issue by revolutionizing the storing method using blockchain technology, and analyzing the data collected through IoT devices with the support of AI.

Under the premise of achieving this goal, LINFINITY has adopted a three-step strategy in its anti-counterfeiting technology:

The first phase is to effectively implement on-chaining of commodity information. LINFINITY packages relevant product information relating to a specific product and uploads it to the dedicated LINFINITY blockchain, which generates a corresponding QR code. When customers use LINFINITY DApp to scan the QR code, detailed information of the product can be queried, and guarantees the genuineness of the product scanned, as the information recorded onto the LINFINITY blockchain cannot be attacked, tampered with or influenced by any external factors in the process of circulation – due to the inherent transparency and security of blockchain technology.

(LINFINITY Informaton On-chaining)

The second phase is to achieve commodity anti-counterfeiting. Consumers can obtain commodity information by scanning the QR code behind the LINFINITY Mark, so as to confirm where, when and how (if required, and only if that information is uploaded by the product’s company) that good was produced and transferred from place to place. Customers can query the ownership of goods, effective scan times, etc., with great scope for further possibilities: this is the only way LINFINITY sees fit to use in order to realise blockchain commercialisation.

The third phase is to achieve commodity traceability. LINFINITY puts IoT and AI technology at the heart of the entire supply chain process, which not only clearly controls the logistics and warehousing of goods, but also obtains accurate feedback on the channels and terminal sales of goods so that companies can accordingly adjust the marketing strategies for their products. For consumers, when their rights are infringed by fake goods, they can use the traceability function of LINFINITY DApp to find where the problem is to protect their legitimate rights and interests. This will be the iconic achievement of continuous iterative optimisation and perfection techniques in LINFINITY’s ongoing process of blockchain commercialisation.

(LINFINITY DApp)

In a nutshell, the comprehensive business ecosystem of LINFINITY, consisting of the above three steps, attempts to solve the problem that traditional data processing cannot achieve “precision screening” to ensure that information and feedback obtained by both the enterprise and the client are deeply consistent with their potential “needs”. This is the huge potential of blockchain’s commercial value, and this is the direction LINFINITY has been moving towards.

 

About Singapore Business Review:

Singapore Business Review is a business magazine that is published by Charlton Media Group. It has an audited circulation of 26,000 and a readership of 83,088 readers in Singapore and regionally. The magazine covers a wide array of topics and focuses on the Singaporean business landscape. The magazine covers conferences, roundtables and events held in Singapore that are related to the business environment in Singapore.

About LINFINITY:

As a credible distributed business platform underlying Blockchain, Internet of Things and Big Data technology, employing a guideline of “Internet of everything and sharing with mutual trust”, LINFINITY is a platform with reliable data, transparent information, efficient cooperation and interconnected network to cope with the practical business pain points and development demand of corporate users.

For more information about LINFINITY and their future activities, please visit www.linfinity.io or contact pr@linfinity.io.

 

Facebook: https://www.facebook.com/linfinity.io/

Twitter: https://mobile.twitter.com/LinfinityToken

LinkedIn: https://www.linkedin.com/company/linfinity/

Medium: https://medium.com/@linfinityio

 

 

 

Anndy Lian is an early blockchain adopter and experienced serial entrepreneur who is known for his work in the government sector. He is a best selling book author- “NFT: From Zero to Hero” and “Blockchain Revolution 2030”.

Currently, he is appointed as the Chief Digital Advisor at Mongolia Productivity Organization, championing national digitization. Prior to his current appointments, he was the Chairman of BigONE Exchange, a global top 30 ranked crypto spot exchange and was also the Advisory Board Member for Hyundai DAC, the blockchain arm of South Korea’s largest car manufacturer Hyundai Motor Group. Lian 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”.

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