Tag Archives: biggest

Who owns the most ethereum? Biggest ETH holders

Who owns the most ethereum? Biggest ETH holders

Ethereum’s long-awaited upgrade to a proof-of-stake (PoS) consensus mechanism is set to begin in the third or fourth quarter of 2022. The event is expected to increase scalability and adoption rate for the second-largest cryptocurrency by market capitalisation, ether (ETH).

What are the major ether use cases? Will ETH supply change after migrating to PoS? Who owns the most ethereum (ETH) coins? In this article, we discuss the project in detail and find out more about ethereum holders.

What is ethereum?

Ethereum is the world’s leading smart contracts blockchain. Its native cryptocurrency, ether (ETH), is the second largest after bitcoin (BTC), with a market capitalisation of more than $200.71bn at the time of writing (28 July).

Founded by Russia-born, Canadian programmer Vitalik Buterin and a host of co-founders, including Gavin Wood, Charles Hoskin, Joseph Lubin and Anthonio di Lorio, Ethereum debuted in 2015, preceded by a whitepaper published by Buterin in 2014.

In its whitepaper, Ethereum described a cryptographic ledger that allowed users to encode smart contracts and build decentralised applications (Dapps) within its blockchain.

Built on Bitcoin’s innovation, Ethereum has several differences with Bitcoin which was launched in 2009.

The role of Ethereum in the blockchain industry differs from that of bitcoin. The former is a platform for developing and deploying decentralised applications (Dapps) on its network, whereas the latter focuses on facilitating peer-to-peer decentralised payments.

In short, Ethereum could be compared to a market place of blockchain-based financial services, games, social networks, and other Dapps. According to State of the Dapps, as of 28 July 2022, out of 4,073 decentralised applications, 2,970 were built on the Ethereum blockchain.

Tokenomics is another distinction between the two leading blockchains. Unlike bitcoin, ether has no hard cap.

The Ethereum network is gradually expanding, as the total number of addresses continues trending up. According to Glassnode, it increased from around 10,000 addresses in 2015 to more than 155 million addresses in June 2022.

Ethereum blockchain: Number of addresses

Ethereum use cases

Ethereum smart-contracts helped the platform to become widely used in various sectors, from decentralised finance (DeFI), to gaming and non-fungible tokens (NFT) space.

Top 20 Ethereum-based tokens, as of 28 July, included: stablecoins, like Tether (USDT) and USD Coin (USDC); DeFi cryptocurrencies, like Uniswap (UNI) and Chainlink (LINK); and gaming cryptocurrencies, like ApeCoin (APE), Decentraland (MANA), The Sandbox (SAND) and Axie Infinity (AXS).

According to Ark Invest’s Big Ideas 2022 report: “After a turbulent 2018-2019, Ethereum emerged in 2021 as the predominant smart contracting platform for decentralized finance and non-fungible tokens (NFTs).
“Ether (ETH) is both the preferred collateral in DeFi and the unit of account in NFT marketplaces, suggesting that it is likely to capture a portion of the $123 trillion global money supply.”

However, the dominance of DeFi applications on Ethereum blockchain has decreased lately, while NFT transactions have been growing. According to Glassnode’s data as of 25 July 2022, consumption of gas by NFT projects surged 6.2%, since November 2021, while DeFi application’s gas usage plunged from 27.5% to 15.1%.

Ethereum supply: How many ether (ETH) coins are there?

The Ethereum network began with 72 million Ether coins in circulation. A crowd sale conducted in July and August 2014 to fund the project’s development sold about 83% of its initial supply or 60 million.

In exchange for an ETH wallet address, the crowd sale participants sent a total of 31,000 bitcoin to a designated Bitcoin address. The participants were promised to receive the ETH that they bought when the network was launched.

The initial ETH price for the crowd sale was set at 2,000 ETH per BTC, and it was intended to progressively decrease to a final price of 1,337 ETH per BTC in the 42-day public sale that ended on 2 September 2014.

The crowd sale raised 31,529 BTC (approximately $18m at the time) in exchange for 60 million ETH, according to blockchain research firm Messari.

The total number of ethereum coins in circulation today differs from the early days. Following the launch of the Ethereum Mainnet in 2015, each block minted a new ETH. Block rewards, which were initially set at 5 ETH per block, have now been reduced to 2 ETH per block.

Ethereum does not have a fixed supply. As of 28 July 2022, circulating ETH supply totals 121.73m, according to CoinMarketCap.

Ethereum (ETH) historical price chart

ETH supply after PoS migrating

Ethereum is in the process of migrating to proof-of stake (PoS) consensus which will see ETH ditching its proof-of-work (PoW) miners. It will instead reward newly-issued ETH tokens to validators who have staked ETH tokens on the network.

The upgrade to PoS or known as ‘The Merge’ and ‘Ethereum 2.0’ is touted as the biggest event on the cryptocurrency markets. Validators depositing ETH through staking will reduce the circulating supply of ETH in the future.

What is your sentiment on ETH/USD?

The network said only 1,600 ETH a day will remain after the Merge, dropping the total issuance by 90%.

As of 28 July 2022, over 13.8 million ETH had been staked in anticipation of The Merge, removing approximately 11.5% of the coin’s current supply from circulation.

According to Glassnode’s data as of 9 July, Lido, a project offering a staking solution for Ethereum, accounted for 4.137 million ETH staked (31.8%), while the combined stake of three crypto exchanges Coinbase, Kraken and Binance accounted for 3.505 million ETH (27% of the total amount staked).

The Merge is expected to happen later in 2022, which Ethereum said will reduce the energy required to secure Ethereum by about 99.95%.

Who has the most ethereum?

There were 201.76 million ethereum holders as of 28 July, up from 199.58 million a month earlier on 29 June, according to CoinCarp.

Who are the biggest ethereum holders? The largest ETH-holding address was an ETH2 deposit smart contract which held over 13.1 million coins or close to 11% of ETH’s circulating as of 28 July, according to Ethereum data on-chain Etherscan and Coincarp.

The second largest ETH-holding  address was a Wrapped Ether smart contract with 4.28 million ETH (3.58% of circulating supply), as of 28 July.

The third and fourth highest amounts of ETH were deposited in wallet addresses identified as belonging to crypto exchanges Kraken and Binance.

Based on data from Etherscan, two unidentified wallet addresses in fifth and sixth places are top holders of ethereum outside those deposited in the smart contracts and crypto exchanges.

The two unidentified wallets had about 1.95 million and 1.49 million ETH tokens in them, respectively, representing 1.6% and 1.2% of the total ETH supply, as of 28 July 2022.

The two wallets mentioned above were the only two unidentified addresses among the top 10 ether holders. The remaining protocols were identified as smart contracts, cryptocurrency exchanges, and decentralised finance (DeFi) protocols.

It is unknown how much ETH holdings do early contributors and ethereum insiders currently have. In October 2018, Buterin disclosed his wallet address on Twitter. He added that he “never personally held more than ~0.9% of all ETH, and my net worth never came close to $1b.”

What do analysts view of Ethereum?

According to Ark Invest, Ethereum could displace many traditional financial services and ether (ETH) could compete as global money.

“As financial services move on-chain, decentralized networks are likely to take share from existing financial intermediaries. The beneficiaries of this shift include Ethereum, the base protocol, and DeFi, the decentralized applications built on top of Ethereum,” the company said.

Anndy Lian, intergovernmental blockchain advisor, said Ethereum’s upgrade from PoW to PoS is a big move for the cryptocurrency market.

“This is like the launch of Windows 95 where all good things will follow,” said Lian who is also the author of Blockchain Revolution 2030.
“Ethereum’s transition to PoS will bring many benefits, including improved efficiency, scalability, security and reduced centralization. I am looking forward to more surprises,” he said, adding that there will be more upgrades after The Merge.

Cryptocurrency prices are highly volatile, including for ethereum (ETH) and bitcoin (BTC). It is important to do your own research on a coin or token to determine if it is a good fit for your portfolio. Whether ethereum (ETH) is a suitable asset for you will depend on your risk tolerance and how much you intend to trade.

When looking for ethereum projections, bear in mind that analysts’ and algorithm-based ETH crypto price predictions can be wrong. Their expectations are based on fundamental and technical studies of the cryptocurrency’s past performance, which offers no guarantee of future results. And never trade money that you cannot afford to lose.

 

Original Source: https://capital.com/who-owns-the-most-ethereum

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

STRONG coin price prediction: Can token regain growth?

STRONG coin price prediction: Can token regain growth?

StrongBlock is the first of its kind decentralised platform attempting to make launching nodes, necessary for the smooth running of blockchains, cheaper and easier.

Its native cryptocurrency, STRONG token, has had quite the journey since launching in 2020, enjoying a rather fruitful 2021. Yet since then, the coin started to dramatically fall in the second half of January 2021, unable to reach past heights.

Can STRONG rise back to its October 2021 value and which factors are driving the STRONG/USD forecast?

What is the STRONG coin?

StrongBlock was founded in 2018 by ‘blockchain pioneers’ David Moss, Brian Abramson and Corey Lederer with the goal  to easily add secure, decentralised blockchains to any application.

It had taken the company, however, two years to launch its Blockchain-as-a-Service (BaaS) platform.

By tackling one of the biggest problems new blockchains face, StrongBlock managed to become the first and only blockchain-agnostic protocol that rewards its users for running nodes.

Nodes, which are vital for the existence of any blockchain, keep full copies of blockchain transactions but are hard to create and pricey to operate. This leads many nodes to run outdated software, store incomplete blockchain histories and be intermittently offline.

StrongBlock’s Nodes-as-a-Service (NaaS) function lets cryptocurrency miners create nodes in seconds. In turn, miners are rewarded in the form of the blockchain’s native cryptocurrency, STRONG, for maintaining the node without having to run their device 24/7.

Rewards can be boosted with StrongBlock non-fungible tokens (NFTs) that are available in four categories: bronze, silver, gold and platinum.

Once a node is launched, it can be used by anyone to access the blockchain the node was built for. So far, StrongBlock supports hundreds of nodes built for Polygon, Ethereum and Sentinel. The approximate amount to set up and run a full Ethereum node is $113.11 per month.

Being listed as an eligible node on StrongBlock is free, however, users should expect a mining deposit to amount to 10 STRONG tokens.

STRONG is an ERC-20 cryptocurrency built on the Ethereum network. Its original supply amounted to 10 million, however, after launching the second version of its Decentralised Finance (DeFi) protocol, StrongBlock ended up burning 94% of the original tokens limiting the supply to around 535,000 STRONG coins.

In the second version of its tokenomics paper, StrongBlock noted that the token:

  • Is primarily used for rewards.
  • Supports a low-inflation model with rewards mostly generated through node participation that may adjust in accordance to token valuation over time. In addition, deflationary measures will also be used including the burning of STRONG tokens in some transactions.
  • Establishes governance, which will eventually determine how StrongBlock works as a decentralised network.
  • Is helping the project reach a model of long-term, self-sustaining growth.

As of the time of writing (1 April), StrongBlock is rewarding 444,676 nodes.

Over 138,000 coins are currently in circulation, according to data provided by CoinMarketCap at the time of writing. STRONG currently has a market capitalisation surpassing $16m (£12.2m) and is ranked as the 828th largest cryptocurrency.

STRONG price analysis: Bear trend

The STRONG cryptocurrency embarked on quite the journey during its two years in circulation. After reaching a record high of $1,193.31 on 28 October 2021, the StrongBlock coin failed to regain those levels, slumping to the $116 mark, as of 1 April 2022.

After a mini peak of $708.97 on 14 January 2022 the STRONG token started to drastically drop, losing 35.48% of its value in 10 days. Throughout February 2022, the STRONG coin value lost 47% amid broad negative market sentiment as tensions rose on the Russia-Ukraine border.

STRONG/USD price chart, 2020 – 2022

In the most recent STRONG coin news, the project announced that the StrongBlock had reached 270,000 nodes on 27 January 2022.

The number of nodes being activated on StrongBlock drastically increased in February 2022 from 285,000 on 3 February to 350,000 on 27 February. In addition, the token celebrated great success as it debuted third on the top 10 US trending coins for the week chart on CoinGecko on 18 February. This gave investors hope that the token’s price could still resurface.

STRONG’s price continued to decrease in the next couple of weeks, falling to $113.62 on 26 March 2022, its lowest value that month.

Last year STRONG’s price action seemed hopeful as it surged to a record high of $1,193.31 on 28 October 2021 as the blockchain announced the start of its metal NFT lottery where miners would be eligible to qualify to purchase one StrongBlock metal NFT for its original price in STRONG.

In terms of STRONG technical analysis, the short-term sentiment for the token was largely bearish as at the time of writing (1 April).

A Relative Strength Index (RSI) reading of 31 was extremely close to the oversold territory. A reading of 30 or below would indicate that the asset has become undervalued and a trend reversal is likely. Meanwhile, the token was trading below its three, five and 10-day moving averages, indicating a bearish trend.

STRONG token price prediction: Key drivers

On 28 February 2022, StrongBlock published its roadmap for 2022 underlining some key goals including:

  • The launch of its new token, STRONGER, which plans to solve a number of problems that followed the success of the NaaS DApp.
  • The release of several new features including two new, different types of nodes, a node marketplace and node transfer.
  • The platform’s intention to build a Layer 1, EVM-compatible blockchain protocol that will be known as StrongChain with the bigger goal in mind of moving its NaaS platform to StrongChain and creating a community-oriented model that will unlock new economic layers, increase sustainability, make STRONG more resilient, and lay a new foundation for growth.

BigONE Exchange chair in Asia, Anndy Lian, told Capital.com that the token’s price could be struggling due to the platform being unable to gain retail investor understanding.

“STRONG brings more decentralisation to the current decentralised space by offering multi chain third party external nodes and other data oracles to build robustness and efficiency,” Lian exclusively told Capital.com.

“They believe the best way to adopt blockchain is through DAO governance and reward the community sufficiently. This idea works well on the paper but may not be well understood by the retail investors as a whole. Things might change when they list in the more major exchanges,” he added.

Thus far, the STRONG token has been listed on ChainSwap and Poloniex Exchange.

In the recent announcement by the project, StrongBlock warned investors to beware of scams, suggesting it has been prone to attacks in the past.

StrongBlock (STRONG) price prediction 2022 – 2025

Despite the latest downward price action, algorithm-based forecasting service WalletInvestor gave a bullish STRONG crypto price prediction at the time of writing (1 April). The site noted that STRONG is “an awesome long-term investment”, adding that it has a long-term earning potential amounting to 1,343.3%.

Based on its analysis of past price performance, Wallet Investor predicted that STRONG could cost $460.507 in 2023 and reach $1,751.200 by 2027.

DigitalCoinPrice supported the positive STRONG/USD forecast but saw a much slower pace of growth in the following years, expecting the token to grow to $167.83 by the end of 2022 and reach $248.68 by the end of 2025.

By the end of 2027, the site predicted that the price of STRONG coin could reach $376.08. Its long-term STRONG token forecast showed the cryptocurrency reaching $553.34 by 2030.

Note that predictions about the future of STRONG can be wrong. Forecasts and analyst expectations shouldn’t be used as a substitute for your own research. Always conduct your own due diligence and rely on your own projections, and never invest or trade money you cannot afford to lose.

 

 

Original Source: https://capital.com/strongblock-strong-coin-price-prediction

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

Four biggest crypto market trends to look out for in 2022

Four biggest crypto market trends to look out for in 2022

The cryptocurrency market boomed in 2021, enjoying a surge in mainstream popularity and acceptance, as well as finding favour with governments and financial institutions seeking to explore a world of payments and transactions beyond the traditional banking paradigm.

Some have gone as far as to label 2021 as the breakthrough year for cryptocurrency. Bitcoin (BTC) hit multiple new all-time high prices; we saw more widespread institutional crypto adoption from major companies; and higher levels of regulation and enforcement were introduced that have the potential to transform the industry as a whole.

There’s certainly a compelling case to be made that cryptocurrency has proven itself as a growing sector. CoinMarketCap data currently lists over 13,000 cryptocurrencies in existence, while the total market capitalisation of all crypto assets surpassed $2tn for the first time in September this year, a tenfold increase since early 2020.

The mere fact that a critical mass of credible institutions are now engaging with crypto assets means cryptos have cemented their position as an official asset class. A clear indication of this is Square investing $50m and $170m in bitcoin (BTC) in the first quarter of 2020 and the first quarter of 2021, respectively.

Tesla announced in its 2020 annual report filing submitted to the US Securities and Exchange Commission (SEC) that it had invested $1.5bn in BTC, while PayPal announced in October 2020 that it is launching a new service enabling customers to buy, hold and sell cryptocurrency directly from their PayPal account.

According to an October 2021 CryptoCompare report, institutional investors seeking exposure to crypto saw BTC trading volumes on the Chicago Mercantile Exchange (CME) rise 121% to $70.3bn in October this year – an all-time high for the exchange.

Similarly, ethereum (ETF) futures volumes on the exchange rose by 13.6% to $21.0bn. In the same month, BTC had its highest month-close to date, reaching an all-time high of $66,981 on 20 October 2021 following the launch of the first bitcoin-linked ETF in the US.

What’s more, a report by Allied Market Research on crypto market predictions estimates that the global crypto market could hit $4.94bn by 2030, growing at a compound annual growth rate (CAGR) of 12.8% from 2021 to 2030.

The main drivers of cryptocurrency market trends will ostensibly be increased demand for international remittances and more transparency in global payments systems.

BTC as a mode of payment

When bitcoin (BTC) was first conceptualised in 2008, its founder, the mysterious Satoshi Nakamoto, envisaged it as a purely peer-to-peer version of electronic cash that would allow payments to be sent directly from one party to another without the need of a financial institution.

More than a decade later, businesses are starting to accept cryptocurrencies like bitcoin as legal tender, thereby boosting the viability and utility of digital currencies more generally.

On 7 September this year, El Salvador became the first country in the world to officially class BTC as legal currency. The country now requires all merchants to accept bitcoin as long as they have the technology to do so. Promisingly, El Salvador’s president, Nayib Bukele, recently stated that over 2.7m citizens are users of the country’s Chivo wallet.

Could this new development pave the way for more countries across the world to modernise their economies? A domino effect could happen in 2022, with more nations adopting bitcoin as legal tender. This would help to provide financial inclusion to those outside of the formal economy, since BTC transactions can be conducted by those who are unbanked as well.

In another monumental moment, the second-largest bank in Spain, Banco Bilbao Vizcaya Argentaria (BBVA), enabled a bitcoin trading and custody service for its private banking clients earlier this year. More banks could follow suit in 2022 as demand for crypto products increases among customers.

The installation of bitcoin automated teller machines (ATMs) also marks another turning point for the crypto sector. According to data from Coin ATM Radar, there are currently 27,983 BTC ATMs installed across major cities in the US as of 22 November 2021.

However, it’s worth noting that adopting bitcoin as legal tender raises a number of macroeconomic and legal issues, since BTC isn’t regulated in the same way as traditional currencies, thus making it potentially more susceptible to money laundering and tax evasion.

Central bank digital currencies: The money of tomorrow

In parallel to bitcoin adoption, many countries across the world are now developing their own central bank digital currencies (CBDCs). A CBDC is an electronic form of money that can be held both by the public and financial institutions depending on the adopted model.

Faster settlement is a key advantage of a CBDC-based payments system. A recent study by the Bank for International Settlements (BIS) found that central banks representing a fifth of the world’s population are likely to issue a general-purpose CBDC in the next three years, while a vast majority of those surveyed (86%) are exploring the benefits and drawbacks of CBDCs. Overall, if a CBDC qualifies as legal tender, it can provide a credible and trustworthy alternative to current cash transactions.

In terms of cryptocurrency market analysis, CBDCs could gain further popularity in 2022 as their direct links to central banks, and the reduction of both domestic and cross-border intermediaries, aim to improve the efficiency of retail payments significantly.

Among the many central banks exploring whether they should issue a digital complement to cash is Swedish-based Riksbank. The bank is currently exploring the concept of an electronic Krona to provide an alternative to state-guaranteed means of payment.

Comparatively, the Monetary Authority of Singapore and Banque de France announced the successful completion of a wholesale cross-border payment and settlement experiment using CBDCs earlier this year, highlighting how digital currencies can be utilised for different purposes by virtue of their versatile and customisable nature.

Will 2022 be the golden year where countries all over the world finally experiment with their own versions of digital currencies? Since China announced in April this year that it will test digital yuan during the 2022 Winter Olympics in Beijing, the world’s second-largest economy could take the lead in the CBDC race.

BigONE Exchange chairman and chief digital advisor for Mongolia’s national productivity agenda Anndy Lian told Capital.com:

“China has made a good start in terms of their national digital currency initiatives. This has pressured many other governments and private sectors to ramp up their CBDC efforts in order to remain globally competitive. The need to embrace and adopt new technologies is a must. It is all about CBDC now. The new Currency Cold War has just begun.”

Increased emphasis on environment: Bitcoin’s carbon footprint

Next in the list of crypto trading trends is BTC production, which generates an estimated 22–22.9 million metric tonnes of carbon dioxide emissions a year.

Why? Bitcoin is created using high-powered computers that rely on fossil fuels (particularly coal) to operate their energy-intensive processes.

Is it possible to mitigate the harmful environmental effects of bitcoin mining? Hydropower could be the answer in 2022, especially if we look at southwestern China as an example, where hydropower currently accounts for an astonishing 80% of generated electricity in the provinces of Yunnan and Sichuan.

Global crypto regulation: What to expect

This year, UK tax office Her Majesty’s Revenue & Customs (HMRC) published its Cryptoassets Manual containing new guidance on the taxation of staking rewards and derivatives, while a new 2021 bipartisan bill in the US laid out a provision to levy taxes on digital currency transactions.

Last year, the Spanish government created a new law that includes measures to combat tax fraud linked to cryptocurrencies too.

Along with the countries that already mandate crypto-asset holders to disclose both the value of their assets, as well as the interest earned on those assets, new lawmakers and governments may start taking a deeper look at regulating the sector better in order to improve how they monitor cryptocurrency trade.

The chief investment officer and director of research at ETF Trends, Dave Nadig, believes that the SEC has been disappointing this year in terms of its comprehensive crypto regulation:

“The US has a chance, as a country, to become a real leader in the future of global finance. Currently, I’m convinced we are hindering this through regulatory inaction and legislative indifference.”

Given that governments worldwide remain divided on how they define cryptocurrency as a store of value, we’ll have to wait and see how policies unfold in 2022, since each country possesses its own diverse range of regulatory and compliance frameworks.

 

Original Source: https://capital.com/crypto-market-trends-what-is-next

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