Anndy Lian believes DeFi will also result in more and more bitcoins being locked up, “which will bring another bull market for bitcoin.”

Anndy Lian believes DeFi will also result in more and more bitcoins being locked up, “which will bring another bull market for bitcoin.”

Anndy Lian’s comments were featured on CryptoNews on 27 September 2020. He believes that DeFi will also result in more and more bitcoins being locked up, “which will bring another bull market for bitcoin.”

“This inter-related relationship between Bitcoin and Defi works hand in hand with the demand as seen in the market. The breakout trend in Defi for 2020 will continue. New terms will supersede “Yield Farming”  and a more stable environment will be established as you see the bigger exchanges like Binance, Gemini, Huobi and Okex taking the lead.” Anndy Lian added.

Read more about the article on Google News:

https://news.google.com/articles/CAIiEGyo6SpEJbiRN5EMTwYXqjoqMwgEKioIACIQOG0vTzP65T11pGTnFueHJCoUCAoiEDhtL08z-uU9daRk5xbnhyQwg7vbBg?hl=en-SG&gl=SG&ceid=SG%3Aen

 

 

 

‘If DeFi Collapsed, Bitcoin Would Still Be Bitcoin’

 

  • The core driver of DeFi is its use case, not Bitcoin.
  • “BTC is money, DeFi is banks, that’s how people should think about it.”
‘If DeFi Collapsed, Bitcoin Would Still Be Bitcoin’ 101
Source: Adobe/golibtolibov

Bitcoin (BTC) and DeFi both had a good summer. After the coronavirus-induced collapse of March, the price of bitcoin rose from USD 3,500 to just over USD 12,000 in August, while the total value locked into DeFi platforms rose from USD 1bn in June to almost USD 12bn in late September.

It’s tempting to view the performances of bitcoin and DeFi as connected. Given that the supply of wrapped bitcoin has ballooned from wBTC 500 to almost wBTC 90,000 in the past 12 months, it would seem that bitcoin holders have been driving the growth of DeFi.

However, industry figures speaking to Cryptonews.com said that, while BTC has been a significant player in DeFi’s growth, its importance within the DeFi ecosystem will wane over time. And while some may be tempted to regard Bitcoin and DeFi as interdependent, most commenters believe that each can survive without the other.

Bitcoin boosts DeFi

There’s little doubt that bitcoin — and in particular wrapped bitcoin — has spurred at least a portion of DeFi’s impressive growth over the past few months – USD 1.4bn worth of BTC is locked in DeFi today, or almost 13% of total value locked (TVL) in decentralized finance projects.

As data from Defi Pulse indicates, the demand for wBTC began rising exponentially from the end of June onwards.

‘If DeFi Collapsed, Bitcoin Would Still Be Bitcoin’ 102
Source: defipulse.com

And data also indicates, it was around the end of June that TVL into DeFi platforms suddenly began rising more strongly, as ethereum (ETH) locked in DeFi jumped also this past summer.

‘If DeFi Collapsed, Bitcoin Would Still Be Bitcoin’ 103
Source: defipulse.com

Industry figures agree that the two trends are connected, even if they have their own opinions on how long the interconnection may continue.

“Yes, I think the use of wBTC pair mining will boost the Defi market to a certain extent,” said crypto advisor and author Anndy Lian.

“According to the data released today (the second day of Uniswap Liquidity Mining), 50% of the miners used the wBTC/ETH pair in the initial mining, and most of them are big whales.”

Analyst and CryptoMondays Partner Lou Kerner suggested that bitcoin will remain an important part of DeFi in the medium term, not least because it still accounts for over half of the total value of all cryptoassets.

“Given its scale, bitcoin will be an increasingly significant asset in DeFi. But over time, as real world assets are tokenized and enter DeFi, bitcoin relevance will decrease,” he told Cryptonews.com.

However, while BTC has played a role in DeFi’s recent growth, ADVFN CEO Clem Chambers doesn’t see it as the main factor.

“Bitcoin will influence DeFi but it is not the core driver. The core driver is the powerful use case,” he said.

DeFi boosts BTC

Conversely, commenters agree that DeFi is boosting BTC, or that it will in the near future. By offering the chance to earn an additional return on the bitcoin you own, DeFi’s liquidity mining and yield farming is making BTC seem even more attractive to investors, particularly during a period of reduced economic opportunity.

“DeFi has made BTC even more attractive as an investment,” according to Kerner.

That said, Chambers estimated that most of DeFi’s boost to BTC still awaits us in the future.

“It will [boost bitcoin] but not yet. DeFi is still underground with only the core early adopters ‘getting it’,” he said.

Aside from enhancing the returns offered by bitcoin, Anndy Liang pointed out that DeFi will also result in more and more bitcoins being locked up, “which will bring another bull market for bitcoin.”

Mutual aid, not mutual interdependence

While DeFi and bitcoin both help each other in various ways, commentators seem that they don’t believe that each needs the other to survive.

“Bitcoin crashing would certainly slow the growth of DeFi, but one is not dependent on the other,” said Kerner.

Likewise, if DeFi were to somehow collapse, Interlapse CEO and Co-founder Wayne Chen said that BTC would continue as before.

 

“Bitcoin has seen massive growth over the past decade and will certainly continue its momentum,” he told Cryptonews.com. “If DeFi collapsed, Bitcoin would still be Bitcoin and continue its growth and adoption.”

On the other hand, some think that bitcoin crashing would have a severe effect on DeFi, since even if parts of the DeFi ecosystem survived, altcoins would struggle.

“Most of the ‘value’ coins will go to zero if the price of bitcoin crashed significantly or collapsed,” suggested Lian. “One thing is for sure: no coin (maybe tiny s***coins can) can survive if bitcoin collapses.”

The future: parallel, not pivotal

As for the more distant future, some experts believe that DeFi and Bitcoin will increasingly operate in parallel, rather than remain interlinked.

“BTC is money, DeFi is banks, that’s how people should think about it. The linkage is parallel not pivotal,” argued Chambers.

Chen claims that it’s in the interests of DeFi and Bitcoin that each maintains a degree of independence from the other in the future.

“Industry professionals will likely try to interrelate DeFi and Bitcoin. However, this needs to be done cautiously so that it doesn’t turn into a complicated financial product which can ultimately confuse the market,” he said.

Anndy Lian isn’t completely sure that DeFi will be around in several years’ time. However, if it is, he said there’s a chance other cryptoassets could emerge to reduce BTC’s influence on DeFi.

“But personally I do hope to see new players coming into challenge Bitcoin’s supremacy,” he said. “With challenges, there are improvements. This is what’s lacking in today’s crypto space.”

 

 

Original Source: https://cryptonews.com/exclusives/if-defi-collapsed-bitcoin-would-still-be-bitcoin-7827.htm

 

 

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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ABC NEWS- Anndy Lian: Regulations for blockchain and crypto market will bring positive impact to the market

ABC NEWS- Anndy Lian: Regulations for blockchain and crypto market will bring positive impact to the market

Anndy Lian, blockchain advisor for Inter-Governmental agency and book author of “Blockchain Revolution 2030” sees that regulation for the blockchain and crypto market will bring positive impact to the markets.

Anndy is the moderator at the Biki Korea Investment Insights event held on 2 October 2019. He is joined by distinguished panelists: Ethan Ng – CEO, BiKi Southeast Asia, Joony Koo – Founding member, BlockCrafters, Fred Kim – Partner, Rocketfuel, Steve Lee – Head of Asia, BlockTower Capital, Jackson Ra – Head of Advisory, Chain Partners, Christine Choi – Cofunder, BlockPatch and KJ Ha – Principal, Blockwater Management. The panel discussed about the latest in crypto investments and what to look out for in 2020.

”I believe that regulators must develop deeper understandings of blockchain technology and its potential impact as they continue to engage in forming the regulatory framework. With sufficient help from the government, it will bring more confidence for people to understand and use blockchain beyond the knowledge of bitcoin. Regulated digital assets exchange will be the way forward and it can create positive impacts to the existing markets,” shared Anndy Lian.

Steve Lee from BlockTower Capital also echoed similar views: “I believe that everyone in the industry now hope to see more regulations created. Regulations will eventually make the industry better. Korea is already working on this and we will see the outcomes in time to come.”

This event coincides with the Korea Blockchain Week 2019 and also part of Biki’s World Tour to promote their business. ”I am happy to see old and new friends at this event. Despite the rainy weather, we still have a full house of audiences. I am grateful to all our supporters in Korea,” Ethan Ng told Blockcast.cc Reporter, Joann Park at the event.

Biki Exchange is the rising star and one of the most talked about exchange in 2019. They are ranked Top 20 in the world currently and is building a very strong business proposition with their network and global communities. Biki will continue their efforts in Korea and will be back very soon to share more updates with their community.

Media Contact
Company Name: Blockcast.cc
Contact Person: Jenny Zheng
Email: Send Email
Phone: +65 98832707
Country: South Korea
Website: https://www.blockcast.cc

Source: https://www.abc6.com/story/41151502/anndy-lian-regulations-for-blockchain-and-crypto-market-will-bring-positive-impact-to-the-market

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: Regulations for blockchain and crypto market will bring positive impact to the market

Anndy Lian: Regulations for blockchain and crypto market will bring positive impact to the market

Anndy Lian, blockchain advisor for Inter-Governmental agency and book author of “Blockchain Revolution 2030” sees that regulation for the blockchain and crypto market will bring positive impact to the markets.

Anndy is the moderator at the Biki Korea Investment Insights event held on 2 October 2019. He is joined by distinguished panelists: Ethan Ng – CEO, BiKi Southeast Asia, Joony Koo – Founding member, BlockCrafters, Fred Kim – Partner, Rocketfuel, Steve Lee – Head of Asia, BlockTower Capital and KJ Ha – Principal, Blockwater Management. The panel discussed about the latest in crypto investments and what to look out for in 2020.

”I believe that regulators must develop deeper understandings of blockchain technology and its potential impact as they continue to engage in forming the regulatory framework. With sufficient help from the government, it will bring more confidence for people to understand and use blockchain beyond the knowledge of bitcoin. Regulated digital assets exchange will be the way forward and it can create positive impacts to the existing markets” shared Anndy Lian.

Steve Lee from BlockTower Capital also echoed similar views: “ I believe that everyone in the industry now hope to see more regulations created. Regulations will eventually make the industry better. Korea is already working on this and we will see the outcomes in time to come.”

This event coincides with the Korea Blockchain Week 2019 and also part of Biki’s World Tour to promote their business. ”I am happy to see old and new friends at this event. Despite the rainy weather, we still have a full house of audiences. I am grateful to all our supporters in Korea.” Ethan Ng told Blockcast.cc Reporter, Joann Park at the event.

Biki Exchange is the rising star and one of the most talked about exchange in 2019. They are ranked Top 20 in the world currently and is building a very strong business proposition with their network and global communities. Biki will continue their efforts in Korea and will be back very soon to share more updates with their community.

 

Media Contacts

Company: Blockcast.cc
Contact Person: Jenny Zheng
Contact Number: +65 9883 2707
Contact Email: [email protected]
Location: South Korea

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, CEO of LINFINITY drives digital transformation further with blockchain for a better future

Anndy Lian, CEO of LINFINITY drives digital transformation further with blockchain for a better future
LINFINITY, one of the most active company in the blockchain supply chain industry builds on their vision of using smarter machines and blockchain technology to create a more sustainable and complete ecosystem at Korea Future Forum (KFF) 2019.
KFF, organized by News1, MoneyToday and the UN Future Forum has invited world’s most renowned professionals to look at trends that will dominate the future society, and discuss challenges and solutions to the society.

Mr Anndy Lian, CEO of LINFINITY is one of the speaker at the forum who spoke about their business in the supply chain and how smart machines can aid the future with the usage of blockchain technology.
“Supply chains play a very important role in the economy and the usage of blockchain technology can bridge some of the gaps thus forming a sustainable ecosystem. In order to do so, we need to further digitize this industry. Smart machineries can give us more data points, while blockchain captures the data to give more transparency and security. A win-win digital transformation strategy is vital and a better future in the making.”
Digital Transformation creating a paradigm shift in markets is leading future industry and political, economic, sociocultural innovations. It ultimately seeks to foster an ecosystem that allows humanity prosper and benefit from efficiency. KFF 2019 delivers the most relevant information on what kind of changes individuals, businesses, and countries will face through the organic relationship between the technologies that the fourth industrial revolution would bring.
Guest speakers at KFF have also shared their knowledge and insights to give prospects about the present and future global challenges the world is facing, and to actively present frameworks for thinking and cooperation that can lead humanity into coexistence and co-prosperity.
Jungsik Suh, Senior Vice President of ICT Division at Hyundai Motor Group also presented the “Hyundai Motors’ Connected Car Strategy” which gives us a glimpse of the future and how connected we are on the roads with the their new technologies.
Blockchain technologies and cryptocurrencies are one of the key topics in this forum. Notable blockchain experts such as Brock Pierce Chairman of the Board at the Bitcoin Foundation also gave us a complete overview of the current cryptocurrency market and why 2019 is the year of popularization for crypto. Nitin Gaur Director of IBM WW Digital Asset Labs also shared his vision for the future of public and private blockchain usage.
“New digital technologies such as Big Data, Artificial Intelligence (AI), self-driving cars and Blockchain are shaking the traditional foundations of society and industry to the core. We need to look at the future and plan for the future. Blockchain is definitely one of the most important aspects for our future”, Professor Young-Sook Park, KFF Co-organizer, Futurist and CEO of The UN Future Forum stated.
LINFINITY will continue to work closely with the new digital technologies and futurists to create a more sustainable supply chain ecosystem.

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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LINFINITY on Forbes: Singapore Startup Wants Change In Perspective On Blockchain

LINFINITY on Forbes: Singapore Startup Wants Change In Perspective On Blockchain

Source From:《Forbes》

Anndy Lian, CEO of LINFINITY, accepted an exclusive interview with Forbes and expressed his views on the industry development of the blockchain. He said, more and more companies are beginning to focus on the commercial value of the blockchain, which is not just a cryptocurrency. As a pioneer to apply blockchain technology into supply chain industry, LINFINITY is working with different patterners to get rid of the traditional view of the blockchain and cryptocurrency among the general public. LINFINITY is actively engaged in different industry dialogues, holding LINFINITY TALKs and LINFINITY FORUMs in Asia and Europe to promote the “true value” of blockchain technology.

At the same time, LINFINITY also brings the practical value of the blockchain through cooperation with different industry to promote the commercialization process., Currently, LINFINITY has successfully completed the first phase of the pilot project and will be more extensive with more companies for more in-depth commercial cooperation.

Source From 《Forbes》:

https://www.forbes.com/sites/priscaang/2018/10/03/singapore-startup-wants-change-in-perspective-on-blockchain/#5948bfc82285

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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