Anndy Lian, Intergovernmental Blockchain Expert talks about “Crypto Investments” with Former CNBC Reporter

Cryptocurrencies are here to stay. These digital assets are going to be a permanent feature of banks and asset managers’ investment portfolios in time to come. Newer terms such as DeFI (Decentralised Finance) is also changing the investment landscape by relying on a central authority to distribute the loans, etc. Blockchain technology has provided the technical workings for cryptocurrencies. While it looks promising there is also the risk of trading cryptocurrencies. It is volatile and susceptible to technical glitches, human error or hacking.

Anndy Lian, an inter-governmental blockchain advisor and entrepreneur will explain what is cryptocurrencies and insights into this new market. This show is hosted by Rajeev Aggarwal, a former stock market reports at CNBC.

“Understand crypto before putting your money in. You need to study their business model, revenue streams, team members and the underlying technology. If you believe in what the project is doing and you understand the risk, then you go for it. Always exercise with caution.” Anndy Lian commented.

Anndy Lian also commented that community support is another important factor for a cryptocurrency to work. Anndy mentioned this offline to Blockcast.cc reporter that meme coins are really popular, projects like DOGECOIN and SHIBA INU are gaining good traction. PANCAKE and SAFEMOON for instance are trending consistently for a long while. He emphasised that spotting the trends is one important factor in investing.

“Invest in multiple baskets. Do not put all your eggs in one basket” is the message Anndy is trying to convey. The importance of diversification is more glaring when it comes to crypto investment. By spreading out your options between “Top 5 coins”, “Active Trading Coins” and “Rising Stars” for example, you can decrease your financial risk.

00:00:00 Introduction
00:01:03 Bitcoin as an investment
00:03:09 Valuing Bitcoin
00:07:51 Price target for bitcoin
00:09:20 Bitcoin vs Ethereum
00:12:37 Ethereum utility
00:14:55 Doge Intro
00:17:28 Doge as an investment
00:19:58 Which coin to consider
00:23:41 NFT Intro
00:24:45 NFT as an investment
00:28:42 Million dollar Crypto portfolio

About Anndy Lian:
Anndy Lian is an all-rounded business strategist with more than 15 years of experience in Asia. He has provided advisory across a variety of industries for local, international and public listed companies. He is an early blockchain adopter and experienced serial blockchain entrepreneur who is known for his work in the government sector.

Currently, he is appointed as 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. Anndy is also part of the Gyeongsangbuk-do Blockchain Special Committee, Government of Republic Korea, helping the province to grow using blockchain technologies.

He is the Chairman (Singapore) for Korea eSports Industry Association (KeIA) where he is actively promoting eSports to go mainstream and adopt cryptocurrencies.

He also 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.

For more updates, visit www.anndy.com

 

 

 

Disclaimer: The information is not intended to be and does not constitute financial advice, investment advice, trading advice or any other advice or recommendation of any sort offered or endorsed.

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 “Blockchain Revolution 2030”. Currently, he is appointed as Chairman, Asia for BigONE Exchange and Chief Digital Advisor, Mongolia Productivity Organisation. Anndy is part of the Gyeongsangbuk-do Blockchain Special Committee, Government of Republic Korea, together with industry experts such as Brock Pierce. 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 and was previously the Advisory Board Member of Hyundai DAC Technology.

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”.

You can read more about Anndy’s work at www.anndy.com

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“Understanding Blockchain after the Hype”: We must do the right thing with blockchain- Anndy Lian

“Understanding Blockchain after the Hype”: We must do the right thing with blockchain- Anndy Lian

“Understanding Blockchain after Hype” is an event organised by Wealth Secrets in partnership with www.blockcast.cc, www.blockreview.net and TWOgether. The organisations came together to share insights and clarify myths and tales behind blockchain technology and cryptocurrencies. They will also address trends in the industry.

The panel of experts consist of Jenny Zheng – Co-founder Blockcast.cc; Anndy Lian – Intergovernmental Blockchain Advisor; Davy Goh – Founder Passion Venture Capital and
Dr. ir Johannes (JD) Drooghaag – CEO Spearhead Management. Hosted by Nana Kay and The,Myst from Wealth Secrets Podcast.

The panel has answered the following questions:

1. In your own terms, what is the blockchain?

2. What are the main benefits of using blockchain technology?

3. What are the key challenges in the way of adopting blockchain technology?

4. A) Could you briefly take us through the three main types of blockchain technology (permission-less, public systems; private, permissioned systems; and hybrid systems)?

4. B) What are the use cases for each of these systems?

5. Do you believe that blockchain can only achieve its true potential if cryptocurrency goes mainstream? Or, is it possible for the blockchain to thrive independently of cryptocurrency?

6. With Tesla, Bank of New York Mellon, JP Morgan, Goldman Sachs, Deutsche Bank and a host of other institutional players accepting cryptocurrencies, is the digital currency movement well on its way to going mainstream, or is there a long way still to go?

7. A) What are the global jurisdictions that are taking a lead in the adoption of blockchain technology? Thoughts on countries rejecting Bitcoin and other crypto//blockchain projects?

7. B) What could be Bitcoin’s Achilles heel? Will it be sustainable considering its energy demands?

8. The recent Blockchain Africa conference held by Bitcoin Events delivered an optimistic outlook for the cryptocurrency and blockchain space in the continent as the world settles into a new normal dictated by COVID-19. Do you think the continent will be able to reap the benefits of leapfrogging in the area of blockchain, similar to what it did in mobile payments with M-Pesa?

9. Is Blockchain living up the hype? Final Thoughts?

 

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 “Blockchain Revolution 2030”. Currently, he is appointed as Chairman, Asia for BigONE Exchange and Chief Digital Advisor, Mongolia Productivity Organisation. Anndy is part of the Gyeongsangbuk-do Blockchain Special Committee, Government of Republic Korea, together with industry experts such as Brock Pierce. 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 and was previously the Advisory Board Member of Hyundai DAC Technology.

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”.

You can read more about Anndy’s work at www.anndy.com

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Anndy Lian’s article on Asia Franchise Magazine: Franchising- The Use of Blockchain Technology

Anndy Lian’s article on Asia Franchise Magazine: Franchising- The Use of Blockchain Technology

Anndy Lian wrote an article titled Franchising- The use of Blockchain Technology on Asia Franchise Magazine, April- June 2021 edition. This magazine is a bilingual magazine started by Albert Kong, Editor in Chief and veteran in the Franchising industry.

In this article, Anndy covered basic topics from what is blockchain and cryptocurrency to how companies can use this technology to help with their brand loyalty, payment and fundraising process. He went on to give a regulatory overview of cryptocurrencies

Lastly, Lian gave his advice on how to evaluate the need for blockchain for your business.

Evaluate the need for blockchain for your business

In the near future, you may receive many tempting grants for blockchain adoption. Consultants will often sell with a generic concept and a long list of alleged benefits.

But looking at the business environment, the first database-related question you need to ask yourself is “Do you need to store state?” If your answer is no, then you do not need to implement blockchain. If your answer is yes, then the second question you need to ask is “Are there multiple participants?” If your answer is no again, then you do not need blockchain.

Assuming, you need multiple participants, then the third question would be “Can you use an always online trusted third party?” And this time round, if your answer is no, then there is no need to use blockchain. If your answer is no, then there is a need to look at what kind of blockchain suits your environment.

“Are all the participants known?” is the next question you need to ask yourself. If the participants are not known, then you should consider permissionless blockchain. Permissionless blockchains are blockchains that require no permission to join and interact with. They are also known as public blockchains.
Most of the time, permissionless blockchain is ideal for running and managing digital currencies. If the participants are known, naturally you need to ask if all the participants are trusted. If they are all trusted, then blockchain is not needed.

Again, if the participants are not trusted and there is no need to have the public to verify, you should choose private permissioned blockchain. A private blockchain allows only selected entry of verified participants; the operator has the rights to override, edit, or delete the necessary entries on the blockchain.
A permissioned blockchain has properties of both private and public blockchains. If there is a need for the public to verify, then you should consider public permissioned blockchain.

A trusted consultant or company should walk through the process with your company and answer your doubts. The golden rule for companies is not to rush when you make any technology decision. This same theory works the same for the adoption of blockchain technology.

 

“Innovate your business with blockchain.
You will love the surprises that come with it.”

– Anndy Lian

 

You can read this issue at https://www.asiawidefranchise.com.sg/publications/. Alternatively, you can download it at this link.

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 “Blockchain Revolution 2030”. Currently, he is appointed as Chairman, Asia for BigONE Exchange and Chief Digital Advisor, Mongolia Productivity Organisation. Anndy is part of the Gyeongsangbuk-do Blockchain Special Committee, Government of Republic Korea, together with industry experts such as Brock Pierce. 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 and was previously the Advisory Board Member of Hyundai DAC Technology.

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”.

You can read more about Anndy’s work at www.anndy.com

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Greater Bay Area Blockchain Week 2021: Macro Trends for Blockchain in Asia- Anndy Lian: “NFT is the hottest trend.”

Greater Bay Area Blockchain Week 2021: Macro Trends for Blockchain in Asia- Anndy Lian: “NFT is the hottest trend.”

GBA Blockchain Week Virtual Summit invited blockchain experts to their panel on the second day of their conference to talk about “Macro Trends for Blockchain in Asia”. The panel is moderated by Catherine Ross, Business Editor, Benzinga and with the following panellists: John Wang, Head of Eco Growth, Neo Global Development; Anndy Lian, Advisory Board Member, Hyundai DAC and Tony Tong, Chairman, Hong Kong Blockchain Association

“The trends are very obvious. Right now the hottest topics are NFT and DeFi. We do see new crypto plays like having the ability to borrow against your NFT collectables on DeFi platforms etc. I am also seeing promising growth in altcoin funds. I know a UK Digital Assets Management firm that is  providing Asian centric altcoin funds to their clients.” Anndy Lian, Advisory Board Member, Hyundai DAC comments.

Tony Tong, Chairman of Hong Kong Blockchain Association also added that crypto payments will get massive adaption. “I won’t be surprised within a couple of years in Hong Kong, we are going to be seeing 7-11 or other retail chains accepting crypto payments.”

The panel later also touch on China’s DCEP project that has been fuelling a sense of urgency on CBDCs over the last two years. Now that GBA, and Hong Kong in particular, were chosen as a testing ground for deploying the digital yuan the world’s attention is focused on this key region. Speakers and high-profile experts from Asia, Europe, and the US will converge to GBA Blockchain Week 2021 to discuss major opportunities and prospects of DCEP.

In the other panels, key topics include regulation, including Hong Kong’s game-changing framework for virtual asset exchanges and virtual banks; fintech, with major tech solution providers working together closely with incumbent financial institutions and companies; tech talent and education, with Shenzhen rivalling the West with its «New Silicon Valley» innovation hub status; the role of key tech hubs; cutting-edge urban solutions for smart cities and smart state, and more.

This event has brought in many other blockchain leaders such as Justin Sun, Founder Tron; Mance Harmon, Co-founder, Hedera; Roger Ver, Founder of Bitcoin.com; Brian Behlendorf, Executive Director, Hyperledger; Alex Mashinsky, Founder & CEO, Celsius Network.

Greater Bay Area Blockchain Week 2021 is the premier virtual event for an international audience passionate about technology, education, and business. A week-long event will convene thousands of online viewers to the brightest spot on today’s global financial map, and compliment GBA’s status of the world’s leading and most quickly developing business and technological cluster.

The event, including the core 2-day summit, will be Streamed Globally and in China from 30-31 March 2021.

The full video can be seen at https://youtu.be/12p7dg37BKI.

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 “Blockchain Revolution 2030”. Currently, he is appointed as Chairman, Asia for BigONE Exchange and Chief Digital Advisor, Mongolia Productivity Organisation. Anndy is part of the Gyeongsangbuk-do Blockchain Special Committee, Government of Republic Korea, together with industry experts such as Brock Pierce. 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 and was previously the Advisory Board Member of Hyundai DAC Technology.

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”.

You can read more about Anndy’s work at www.anndy.com

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Anndy Lian: COVID-19 has accelerated blockchain adoption by corporates

Anndy Lian: COVID-19 has accelerated blockchain adoption by corporates

Thanks Platform Africa for taking the time to speak to me. I spoke about my journey in the blockchain space and also how I see blockchain adoption evolute. I must emphasize again, we are at the early stages of blockchain and crypto. Let your imaginations run wild, you may be the next Elon Musk in the crypto industry.

 

 

Anndy Lian: COVID-19 has accelerated blockchain adoption by corporates

We speak to Anndy Lian, a blockchain expert who has played a pivotal role in bringing greater acceptance to blockchain in the public sector as the Blockchain Advisor for the Asian Productivity Organisation (APO), an intergovernmental organisation committed to improving productivity in the Asia-Pacific region.

Anndy is currently serving as an Advisory Board Member for Hyundai DAC, the blockchain arm of the South Korean car manufacturing major.

He has also written a book titled “Blockchain Revolution 2030”, where, together with co-authors Park Young Sook and Shawn Hamnison, he shares his expert insights on how blockchain technology plays an important role in the Fourth Industrial Revolution.

Read our edited excerpts from an exclusive interview in which Anndy advises African governments to put away their old thinking and embrace the future with blockchain technology, while cautioning them to tread carefully in the digital currency space:

 

  • How did your journey in the blockchain space begin?

My blockchain journey began around 2013, with bitcoin. Back then, we used bitcoin to purchase items online from gaming assets to accounts. I began to see it as a form of future currency.

Then, in 2016, I got interested in blockchain technology after a closed door session organised by a pharmaceutical company. In that session, the power of blockchain – tracing, tracking and anti-counterfeiting properties – opened my mind to the endless possibilities offered by blockchain technology.

 

  • As an Intergovernmental Blockchain Advisor, what role do you envisage for blockchain in the public sector? Has COVID-19 accelerated the adoption of blockchain by governments? 

In the beginning, many of my friends thought that I was crazy and was wasting my time convincing governments of the benefits of blockchain. But time has proved me right. Governments were indeed very reluctant to listen at first. Some of them were worried about the change and uncertainty that blockchain would bring in its wake, while others were firm in their stand that blockchain was all hype and nothing else. As I brought in proper companies to showcase its capabilities, some of them eventually changed their perspectives. Now they want to know more about cryptocurrencies. This is how much change there is between now and then.

COVID-19 did accelerate technology adoption as a whole. This includes blockchain too. In many ways, this pandemic is a blessing in disguise for the technology industry. We can see that tech stocks are valued higher, digital payments have become more popular, and e-commerce has fully integrated into many lives.

 

  • In particular, could you take us through the latest trends, concepts and applications of blockchain technologies? 

Trends and concepts move very fast in the crypto space. The buzzwords right now are DeFi and NFT.

DeFi is decentralised finance, a blockchain-backed finance system that has no central authority.

While NFT stands for non-fungible tokens that act as a non-duplicable digital certificate of ownership for any assigned digital asset.

 

  • What advice would you like to give to governments in Africa on adopting blockchain in the public sector, given its ability to infuse transparency and increase productivity? 

My advice is to put away the old thinking and embrace the future. Many times governments are trapped in their traditional thinking and legacy issues. I often tell them to put all these doubts aside and ask them the one question that dares to get at the truth: What would they do if they could reset their country?

Most of the time, the obvious reasons are right in front of them. Being open and addressing the pain points makes them understand the situation they are currently in, and where they want to be.

Don’t get me wrong, I am not trying to get governments to completely change their current system and forget about their past. That cannot be done. I just want them to realise what can be done better if they have a chance.

 

  • As an Advisory Board Member for Hyundai DAC, could you take us through the possibilities offered by blockchain in the corporate space? Has COVID-19 accelerated the adoption of blockchain by the private sector?

From a private sector standpoint, COVID-19 has accelerated the case of blockchain for corporates who were earlier in their comfort zones. Many of them who were still in the proof of concept (POC) stages have really stepped up during this period, for instance, healthcare start-ups. Such projects tend to be the cleanest and leanest, resulting in a number of them passing their POC stage quickly and getting deployed in merely a quarter, now that there is greater will to see them through.

Indeed, blockchain technology has matured a lot during this period of time. Take elections, for instance. Blockchain technology was used in the US elections during the pandemic.

 

  • Do you believe that the growth of blockchain and cryptocurrencies is inherently complementary – or can blockchain reach its true potential even in the absence of mainstreaming of cryptocurrencies?

Indeed, blockchain and cryptocurrencies are definitely complementary. Blockchain works hand in hand with other technologies such as the Internet of Things (IoT), Artificial Intelligence (AI) and Machine Learning, among others. Cryptocurrency is one of its products.

In the future, I am sure that blockchain technology will be widely used and we won’t even know that we are using it. So my advice is to bear with the current times and keep in mind that we are at the very beginning of an exciting journey.

 

  • With Elon Musk having embraced cryptocurrencies as a payment mode for Tesla, do you see this as a major move in the mainstreaming of digital currencies, or is there still a long way to go? 

Elon is certainly a visionary. He did help to market crypto to another level. However, is this enough? The unfortunate but true answer is, it is not. For crypto to truly take off, corporates must continue to be open, adapt to the changes, and adopt new technology.

Back to Elon and Tesla accepting bitcoin. If you read the news he will accept and keep bitcoin, and not convert it to fiat. So far, so good. However, for cryptocurrency to be a currency, it needs to be used and circulated – keeping it as a store of value alone won’t help. Hope I am not being controversial here!

 

  • With African economies Tunisia and Senegal being first movers in launching their digital currencies, both based on the blockchain, what role do you think Africa can play in adoption of, and advocacy for, digital currencies worldwide, much as M-Pesa had paved the way for mobile payments across the globe?

While I can’t speak specifically for African economies, I can share my view generally. Digital currencies are not crypto in that, unlike cryptocurrencies, they depend on a central authority.

If the fiat currency and economy are not doing well, it will make no difference whether they are available in a digital form or not. Hence, I would advise that countries must think twice before adopting a digital regime.

 

  • Finally, could you tell us more about your book ‘Blockchain Revolution 2030’? What insights would you like to share with those who are seeking to learn more about this exciting technology? 

Blockchain Revolution 2030 highlighted how blockchain technology plays an important role in transforming and creating a new model for the digital economy. It has chapters on how the supply chain and finance sectors can be enhanced. It also has chapters talking about how NFT will change the art scene. Take note that this book is drafted in 2018, and many of our “predictions” have since come true.

For those who are thinking of joining us in this blockchain journey, I highly encourage them to take a longer term perceptive. Experience comes with time. Always learn from the right source and do not take short cuts. My door is always open.

 

 

Original Source: https://www.platformafrica.com/2021/03/30/anndy-lian-covid-19-has-accelerated-blockchain-adoption-by-corporates/

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 “Blockchain Revolution 2030”. Currently, he is appointed as Chairman, Asia for BigONE Exchange and Chief Digital Advisor, Mongolia Productivity Organisation. Anndy is part of the Gyeongsangbuk-do Blockchain Special Committee, Government of Republic Korea, together with industry experts such as Brock Pierce. 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 and was previously the Advisory Board Member of Hyundai DAC Technology.

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”.

You can read more about Anndy’s work at www.anndy.com

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