Tag Archives: anndylian

Blockchains are not Immutable, Nothing is 100% Secure

Blockchains are not Immutable, Nothing is 100% Secure

Thanks, Albert Arroyo at CapitalBay.News for quoting me in his report.

I have also added another comment on Twitter on the same topic:

Enjoy your read and read more updates at www.anndy.com.

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Binance CEO and co-founder, Changpeng Zhao has said something that could be utterly shocking for a large number of supporters of blockchain technology. In a tweet, on Thursday, CZ said that blockchains are not immutable, and nothing is 100% secure. He added that it was better to be transparent about the risks rather than hiding them.

Binance CEO

For the most part of the last decade, blockchain and crypto companies boasted of being part of the immutable technology, and Binance is no exception. In fact, a great number of users entered the crypto-blockchain industry allured by the immutability and security that it promised. CZ defended his statement saying that he loves blockchain technology, to a point that he could dedicate all of his time and energy to it.

CZ Binance

CZ’s remarks came in reaction to a report which stated that a hacker netted more than $5 million in the Ethereum Classic 51% attack. He further said,

CZ said

CZ’s comments might not only affect the popularity of blockchain technology but also raise questions on the legitimacy of cryptocurrencies. Crypto proponents have kept raving about the fact that digital currencies are immutable, despite the numerous attacks on crypto exchanges and networks. Though the Binance chief’s remarks may ruffle a few feathers, the positive is that this could open a door to questioning and discussions, which could only benefit the users.

Anndy Lian, an inter-governmental blockchain advisor, also agreed with CZ and added that nothing is 100% secure when there’s human involvement. However, he added that blockchain increases the degree of immutability.

Binance

 

Source: https://www.capitalbay.news/blockchains-are-not-immutable-nothing-is-100-secure-cz/

 

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”.

www.anndy.com
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Anndy Lian endorses the book “Leadership in Disruptive Times” (2020)

Anndy Lian endorses the book “Leadership in Disruptive Times” (2020)

Thank you once again and having me to endorse the book “Leadership in Disruptive Times” (2020).  The book was successfully launched on 30th July 2020 in New York by the publishers, Business Expert Press, LLP (BEP) New York, NY and is available on Amazon.

“Leadership in Disruptive Times will rock readers with stunning new perspectives. I like the emphasis on the usage of technology such as blockchain and cryptocurrency in the near future to advance in the vision of Industry 4.0. The need to use new technology to create a new value of ‘trust’ will be something we have to look into.

This book will be a good reference for leaders who want a good overview of the post-COVID times. The new world clearly values those that can deliver disruptive innovation.”

Anndy Lian
Blockchain Advisor
Asian Productivity Organization (APO)

 

About Business Expert Press (BEP)

Business Expert Press was born in 2008 because of one question: “Why do we pay so much for a professional book when we only want a few chapters?” From that question grew our initial priority: concise, precise, professional business information, published in print and eBook formats, written by experts in their fields, and organized into specific content collections so that consumers can immediately find the information they seek on subjects that matter to them.

Over the next few years, it became apparent to us that our primary audience — business students, faculty, and librarians — sought digital content built just for them. In 2010, assisted by the guidance of a panel of librarians, BEP released its first Digital Library. That library consisted of 50 eBooks with the goal of putting students first. It included all the features that we continue to offer today, beginning with No Usage Restrictions (students can print, share, download, and mark up any title in our library). We also offer Perpetual Access; Free MARC Records; and Free Archival Services. Finally, No License Agreement is Required (acknowledged by SERU). Our customers build their own collections. Today, we offer annual digital libraries of 110 eBooks, subscriptions to all 900 eBooks, topical e-collections, and custom bundles.

BEP has grown to be one of the premiere sources of business content for colleges and universities around the world. With its primary staff in the United States, BEP has a global sales and marketing operation, distributing our print and e-content to professionals and academics World-Wide. Our books not only contain ideas and solutions tailored to today’s business environment; they also offer content that anticipates the business environment of tomorrow—content that is both drawn from and relatable to many cultures in many different countries. Our books have won numerous citations and awards. Many of our authors are recognized as premier authorities in their fields. We’re proud to be a part of the business world today and look forward to continuing to serve the business community by offering innovative content in all areas of enterprise.

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”.

www.anndy.com
j j j

Anndy Lian Shares “Ethereum Will Remain The Dominant DeFi Platform: Analyst Opinion”

Anndy Lian Shares “Ethereum Will Remain The Dominant DeFi Platform: Analyst Opinion”

Thanks CoinGenius for covering my comments made in the earlier article on DeFi and Ethereum.

Ethereum Will Remain The Dominant DeFi Platform: Analyst Opinion

Ethereum will remain the dominant Defi platform despite the attempts of other blockchains such as TRON and EOS of trying to catch up. Most of the total value locked into DeFi is locked in Ethereum based platforms and it seems that things are going to stay this way as per the Ethereum latest news.

The industry observers believe that Ethereum will remain the dominant Defi platform because the growth among Defi enabling blockchains will come from other network effects as well as utility and capacity. With Ethereum boasting the first-mover advantage and the rapidly growing, it will be the best place to be for DeFi. ETH is by far the most dominant blockchain according to the data from the DeFi pulse, accounting for 90% and 99% of the total value locked in DeFi platforms. Looking at the data, all of the 36 Defi platforms are based on ETH and out of the 4 billion now locked into these 36 platforms.

According to industry observers, this dominance will come not so much from ETH being superior but from it being the first platform to move and gain a decent base. According to Anndy Lian, the Singapore-based crypto advisor:

 “Ethereum has the first-mover advantage, as it has had at previous times in crypto history, from taking the lead in ICOs [initial coin offerings] and smart contracts and now DeFi.”

Lian noted that Ethereum has the biggest market cap in crypto and is one of the best testing platforms for the industry so if it cannot make Defi work, no one can. A spokesperson for the Maker Foundation said that Ethereum’s current success lies with the fact that it was able to build upon the activity on the blockchain which attracts even more users and more activity:

 “Scope, size and amount of activity on Ethereum are critical factors driving the DeFi ecosystem.”

The Maker Foundation spokesperson suggested that other blockchains that can interoperate with the build on top of ETH have the chance of expanding their market share:

 “Chains that can easily integrate or build across Ethereum should be able to take advantage of that activity and grow with it by providing scale for DeFi apps.”

The market shares of EOS and TRON will go upwards in the upcoming months as per the EOS newsletter and Anndy Lian isn’t sure how fast this growth will be:

 “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.”

DC Forecasts is a leader in many crypto news categories, striving for the highest journalistic standards and abiding by a strict set of editorial policies. If you are interested to offer your expertise or contribute to our news website, feel free to contact us at [email protected]

 

Source: https://coingenius.news/ethereum-will-remain-the-dominant-defi-platform-analyst-opinion/

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”.

www.anndy.com
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