Anndy Lian to Speak at RHT RMF GAIL Sustainability Forum 2020

Anndy Lian to Speak at RHT RMF GAIL Sustainability Forum 2020

I will speak at the RHT RMF GAIL Sustainability Forum, happening online on 28 August 2020 on Sustainability & Blockchain. Ms Grace Fu, Minister for Sustainability and the Environment will be Guest-of-Honour and the Keynote Speaker for the virtual forum. See you later this week.

Many companies are under the microscope for struggling to prioritise sustainability in their business and operational strategies. Being at the forefront of sustainability is not only about excelling at compliance and reputation building, finding market opportunities, and meeting growing consumer interest in sustainable practices.

At the heart of sustainability leadership and development in every organisation is a culture that creates a lasting, tangible impact on our society. But what are the top business practices that are shaping corporate sustainability and reaching its targets today? Learn about these determinants and more at the RHT RMF GAIL Sustainability Forum, happening online on 28 August 2020, Friday 2:15pm to 5:15pm.

 

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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Quick AMA with Anndy Lian on DeFi at Asia Blockchain Community

Quick AMA with Anndy Lian on DeFi at Asia Blockchain Community

 

Blockcast.cc: Thanks for the time everyone. Today at Asia Blockchain Community, we want to answer some of your questions on DeFi since we have several AMAs in the past one month. Drop your questions now.

Anndy Lian will try to answer them. Anndy Lian is an intergovernmental blockchain advisor. His latest appointment is 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. Hi Anndy. 

Anndy Lian: Thanks, sorry I had limited time today. I will try to take on 3-5 questions.

 

 

Questions from the channel (https://t.me/Blockcastcommunity): 

Shuja Hashmi, [14.08.20 19:43] DeFi is one of the hottest topics in the blockchain space right now. Do you think DeFi will disrupt the existing financial system?

What are your expectations in the future implementation of the Blockchain Technology? In what way will the average person be influenced by Blockchain?

Jack ♥️♥️♥️, [14.08.20 19:43] What is the transparent part of the token

Jack ♥️♥️♥️, [14.08.20 19:44] Can we stake credit and the other token ??

Abid Rana, [14.08.20 19:44] Defi is taking the market, are not people running behind making their investments double instead of solving real-world problems?

❤❤❤Momma Apple💛💛💛, [14.08.20 19:44] Give Insights on DeFi market and future opportunities.

Jenny Zheng, [14.08.20 19:45] Guys, Q&A will not be relating to PROXI, can ask anything relating DEFI

Jack ♥️♥️♥️, [14.08.20 19:45] What major part will solve it DEfi ? What is ETH difference with this

Jack ♥️♥️♥️, [14.08.20 19:45] Is Defi is full transparency and full secure..?

♥ #Ms khate 💛👈, [14.08.20 19:46] With the emergence of new cryptocurrencies, utility tokens what can #defi project offer to the investors and coin holders in terms of the sustainability and stability of this platform?

Jenny Zheng, [14.08.20 19:46] we will close the floor till 19:50 🙂 then Mr. Anndy will start to answer

Jack ♥️♥️♥️, [14.08.20 19:46] How Defi can impress new investors in Cryptocurrency?

♥ #Ms khate 💛👈, [14.08.20 19:47] How does #defi project provide real-world data to smart contracts?

Jack ♥️♥️♥️, [14.08.20 19:47] Did Defi is good in a real lifetime,?

❤❤❤Momma Apple💛💛💛, [14.08.20 19:47] Give Insights on DeFi market and future opportunities.

Shuja Hashmi, [14.08.20 19:47] What is future Of DeFi project’s after YAM Scam? How average person will gonna Trust on DeFi Projects?

Venkatz K, [14.08.20 19:47] Is De-Fi is fully Structured or still runs on Trial and Error Method?

Jack ♥️♥️♥️, [14.08.20 19:48] How Defi can maintain their success? Or it will go down?

♥ #Ms khate 💛👈, [14.08.20 19:48] Community support is by far one of the biggest factors for the success of a project.
What has the team #defi has planned on increasing the user experience?
How can the community get involved and be a part of your projects?

Abid Rana, [14.08.20 19:48] #Defi is everywhere, in fact, taking over the whole market which is already in its evolution stage. New people scamming using the defi projects, what do you think will not hurt already shaking the reputation of crypto as it is very easy to be used for terrorist activities

Jack ♥️♥️♥️, [14.08.20 19:49] Are there big Communities of Defi or small community of every Defi project?

Jenny Zheng, [14.08.20 19:49] 1 more minute 🙂

Jack ♥️♥️♥️, [14.08.20 19:49] Defi can change real life of people’s to help like in Fiat market?

Jack ♥️♥️♥️, [14.08.20 19:50] What inspired you about Defi??

Jenny Zheng, [14.08.20 19:50] floor will be closed

❤❤❤Momma Apple💛💛💛, [14.08.20 19:50] Q. What are the benefits of Defi project in everyday usage i? How effective will they be if there is a market crush and why?

Jenny Zheng, [14.08.20 19:50] Mr. Anndy you can start to answer

♥ #Ms khate 💛👈, [14.08.20 19:50] What was the value of tron in market cap haha

Jenny Zheng, [14.08.20 19:51] @anndylian

 

 

— Replies —

Question 1: Shuja Hashmi: 

DeFi is a relatively new item and some say it is a fad. But to me, DeFi is giving us a new future to handle finance. So let’s not be unheartened by YAM and give a bad name to the whole DeFi market.

Anndy Lian: 
Whether YAM is a pure error or they do it on purpose, I don’t know. But I do know that if a project pumps too high in a short time, this is not sustainable.

An average person should not invest in DeFi. They should know what is DeFi before putting their hard earned money into it.

Right now it is the bull market (in my own opinion), we need to manage the risk properly. We should not overleverage ourselves and believe that a token could be pumped to 1000% returns.

So if we control our greed, then we will most likely fall into the trap of fake DeFi.

 

 

Question 2: Jack

Defi can change real life of people’s to help like in Fiat market?

This is a double-edged sword.

Anndy Lian:
While many complained about fiat, many love fiat because they know how to navigate in the financial system.

So for a straight forward answer: Yes DeFi will change our lives. CeFi and DeFi are complementary to each other.

So in order for DeFi to make it big, we need more decent projects, better people running them and not let history repeats itself by allowing the traditional banking people to ruin this again.

 

 

Question 3: Mahathi

What about JUSTSwap?

Anndy Lian:
In one of the article where the editor asked for my opinion, I said that ETH is taking the lead and all others are chasing his tail.

This is still the case.

But Tron and its ecosystem may be able to change some of the Defi problems that we are facing right now. Gas fees

If you are into Uniswap and all, you will notice that the gas fees are very high right now.

Well many of us are able to pay it since the possible returns are high enough to cover the cost.

BUT!!!

I cannot accept the fact that when I pay a high gas fee and the transaction still fail.

Imagine each transaction fail will means that we pay around $5 for a fail transaction.

It is not right to charge for fail transactions.

And since it takes time, we lose gas fees and also opportunity cost.

This is a double loss for many of us.

So I do hope to see JUSTswap making a difference in it

 

Blockcast.cc: Thanks, Anndy for his time. Stay on Asia Blockchain Community to learn more about blockchain. See you soon. 

 

Original Source: https://blockcast.cc/interviews/quick-ama-with-anndy-lian-on-defi-at-asia-blockchain-community/

 

About Asia Blockchain Community (#ABC):
Asia Blockchain Community (ABC) is a community that is based in Asia and run by Asian. We know the market very well and is backed by panel of blockchain & crypto experts and influencers. Our mission is to create value for projects & members & educate the general public about blockchain and crypto through the work in our community.

About Blockcast.cc:
Blockcast.cc is a broadcasting news source for the blockchain community. Founded in South Korea and Singapore, Blockcast has a network of contributors in China, Hong Kong, South Korea, Singapore and Malaysia. We have helped global blockchain and cryptocurrency companies reach their marketing, public relations and advertising goals.

 

 

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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Talk about DeFi with Anndy Lian, Advisory Board Member of Hyundai DAC & Paolo Ardoino, CTO of Tether

Talk about DeFi with Anndy Lian, Advisory Board Member of Hyundai DAC & Paolo Ardoino, CTO of Tether

Blockcast.cc: This is our weekly segment where expert meets expert. Let’s meet, Paolo Ardoin0 CTO of Tether & Anndy Lian Advisory Board Member of Hyundai DAC. Hi gentlemen. 

 

Paolo & Anndy: Hi Jenny.

 

Blockcast.cc: Let me start off with this question: Tether has grown significantly, what is your partner’s network like at Tether?

Paolo: The market cap of Tether has recently risen above US$11 billion. Tether works across a diversity of different blockchains, including Algorand, Ethereum, EOS, Liquid Network, Omni and Tron. Further, Tether operates a robust AML regime underpinned by adherence to, as a baseline minimum, U.S. Bank Secrecy Act standards.

 

Blockcast.cc: Ethereum is the market leader for DeFi now, do you think they will keep this position for long? Who else is the next contender?

Paolo: We are not in a position to comment on Ethereum’s longevity in DeFi. Definitely, we expect to see other blockchains trying to catch up and compete in this space. However, the Ethereum community continues to be really supportive of Tether. Their support has contributed to numerous DeFi projects wanting to use Tether for their projects.

 

Blockcast.cc: Tether is an enabler in the crypto space. Do you have plans for tether in the DeFi market?

Paolo: Tether (USDt) is playing a central role in the rapid ascent of decentralized finance (DeFi). As the most liquid, stable and trusted stablecoin, USDt will continue to help shape industry developments in a decentralized manner. We are aiming for USDt to be adopted by more DeFi projects, and that USDt will become the reserve currency of DeFi.

 

Blockcast.cc: Lastly, how do you see the DeFi space shaping up in two, three or five years?

Paolo: The DeFi space will continue to drive an alternative financial system that is disintermediating the need for banks and trusted centralised third parties. We will continue to see innovation in the DeFi space with USDt functioning as the reserve currency of DeFi, providing much-needed liquidity across the leading platforms in the space.

 

Blockcast.cc: I saw that you have been commenting about DeFi. Let me start with this question. At the moment, available data suggests that the vast majority of total DeFi value is locked into platforms that use the Ethereum blockchain. In your view, why is this the case? Is Ethereum the best platform for DeFi? Or was it simply the early mover?

Anndy Lian: Ethereum has the first-mover advantage as of many times in the crypto history from taking the lead to the early ICO to smart contracts and now DeFi. Ethereum is the 2nd on the chart and one of the best testing bed for the industry. If Eth cannot make Defi work, no one else can.

 

Blockcast.cc: Besides Ethereum, Tron and EOS have a notable presence in the DeFi space. Do you expect them to increase their market share in the future?

Anndy Lian: The market share is starting to spread but it will be slow. Ethereum will take the lead till 2021 on Defi while the rest are playing catch up. Justin Sun’s Tron DeFi project are gaining traction too but not as fast. We may be expecting to see big movements there too.

 

Blockcast.cc: How do you think the launch of Ethereum 2.0 will affect this picture? Do you expect Ethereum to increase its market share once it transitions to a more scalable proof-of-stake consensus mechanism?

Anndy Lian: When ETH goes into its full scaling mode, they will create another wave, it could be after Defi. I hope the 2.0 era will help elevate all coins. Tether will play a big part in this new wave too by providing liquidity.

 

Blockcast.cc: Lastly, how do you see the DeFi space shaping up in two, three or five years’ time? Will Ethereum still be the main DeFi blockchain?

Anndy Lian: The bubble is huge in the Defi space going at the current pace. The kind of return investors get from sites like Uniswap are very high, at times it is like an overnight 100%. If the current players create a proper environment and follow some form of governance, Defi will grow stronger in the next 2 years time. But if everyone is trying to get short term gains and every project tries to become “DeFi”, then this crazy period will just be a shorter ICO like run for the industry. Thanks, Jenny for bringing us together for this segment.

 

Blockcast.cc: Thanks, Anndy and Paolo for the wonderful replies.

Paolo: Likewise, we are all building up the crypto ecosystem.

Anndy: We are all shifting toward a decentralised finance era and there will be more excitement to come.

 

Blockcast.cc: Thanks gentlemen for your time with us this evening. This interview is bought to you by www.blockpaths.com and facilitated by www.blockcast.cc. For more interviews, please go to www.blockcast.cc/interviews.

 

Original Source: https://blockcast.cc/interviews/fireside-exchange-with-blockchain-experts-paolo-ardoino-and-anndy-lian-shifting-towards-decentralized-finance-era/

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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