Crypto Expo Asia 2022 Singapore: The Role of Crypto Exchanges in Today’s Landscape

Crypto Expo Asia 2022 Singapore: The Role of Crypto Exchanges in Today’s Landscape

Crypto Expo Asia is the largest event in Asia for Investors and Crypto industry leaders to network and explore more business opportunities in the crypto space. They provide the market’s leading content & updates on the Crypto and Blockchain industry that will help you explore the investment opportunities available as smartly and securely.

A crypto exchange is a platform on which you can buy and sell cryptocurrency. You can use exchanges to trade one crypto for another — converting Bitcoin to Binance Coin, for example — or to buy crypto using regular currency, like the U.S. Dollar. Cryptocurrencies make it easier for people in different countries to pay each other, negating financial borders currently controlled by banks and governments. The panel comprises experts and practitioners from centralized exchanges. They will share insights on the role of Crypto Exchanges in today’s landscape.

The session is moderated by Herbert Sim, Bitcoin Man and with panelists Feroze Medora, Gemini; Anndy Lian, BigONE; Travis Teo, Tokenize and Lewis Mahlanga, Gym Network.

The following questions were addressed:

#1 The explosion of thus many crypto exchanges is the white-labelling phenomena, which allows for almost instant creation of an exchange. With all this proliferation, the nature of platforms continues to diversify. What is the current role of exchanges today, besides crypto trading?

Lewis Mahlanga: “We need to educate the market about cryptocurrencies.”

#2 Centralized Exchanges versus Decentralized Exchanges. What are your thoughts? Pros and cons?

Travis Teo: “As a new user, you might not know how the wallets work. You are also may not know where to obtain ETH or SOL. CEX will act as a bridge for these new users to guide them through the process.”

#3 To list out some more roles that a crypto exchange could play – Payment services (Remittance, Escrow Service, Micropayments, Merchant Services – Gateway processor, Mobile PoS card reader, Debit card; and more); Mobile wallet, ATM. What are the differentiating factors which sets apart each of the exchanges?

Herbert Sim: “Security of the exchange, how credible it is.”

#4 A big challenge for centralized crypto exchanges over the years is custodial. Users are required to perform mandatory tasks to sign up and verify their identity. Fees can be expensive because platform takes a percentage of initial investment, and off every trade. While there is high level of trust in the CEX from the users, the CEX actually holds the private keys to the tokens and the funds, which makes it subject to hacking. And we have all seen massive multi-million, even close to billion dollar hacks taken place, even in the present day. What are your thoughts about CEX’s custodial today?

#5 Possibly the toughest, most controversial question for crypto exchanges. What are your thoughts on wash-trading? And rankings on CoinMarketCap?

Feroze Medora: “Even though we are in a very new industry, I like the expression ‘Nothing is new under the sun’. Wash trading falls under the border category of market manipulation. Which are features of regular financial market for very time.”

#6 The question that is probably the biggest challenge for crypto exchanges. What are your thoughts on regulations by regulators across the world – from US SEC, to China’s PBoC, and here in Singapore Monetary Authority of Singapore (MAS)?

#7 Let’s talk about crypto trading specifically. Mobile Financial Trading, Derivatives Trading, Future Trading, Financial Trading. What’s next? What do you think is the future of trading?

Anndy Lian: “I think derivatives trading would be the strongest and will be one of the key crypto highlights. NFT trading and NFT marketplace would be the next to look at too. The current NFT market has not reached its fullest potential in terms of trading, because it has not hit a critical volume. We should look at this market seriously, build products on top of NFT, facilitate it with real utility and link back to spot/ derivatives trading to optimize its full potential.”

Crypto Expo Asia 2022 is held on 22 – 23 June 2022, at Raffles City Convention Centre, Singapore. The second day of the event will feature speakers from ConsenSys, UOB, OKX, Bybit, Fireblocks and many more. More information can be obtained at https://cryptoexpoasia.com/.

This article is produced by BLOCKCAST.CC.

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 the Chief Digital Advisor at Mongolia Productivity Organization, championing national digitization. Prior to his current appointments, he was the Chairman of BigONE Exchange, a global top 30 ranked crypto spot exchange and was also the Advisory Board Member for Hyundai DAC, the blockchain arm of South Korea’s largest car manufacturer Hyundai Motor Group. Lian played a pivotal role as the Blockchain Advisor for Asian Productivity Organisation (APO), an intergovernmental organization committed to improving productivity in the Asia-Pacific region.

An avid supporter of incubating start-ups, Anndy has also been a private investor for the past eight years. With a growth investment mindset, Anndy strategically demonstrates this in the companies he chooses to be involved with. He believes that what he is doing through blockchain technology currently will revolutionise and redefine traditional businesses. He also believes that the blockchain industry has to be “redecentralised”.

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Crypto Expo Dubai 2022: Keynote Speech by Anndy Lian

Crypto Expo Dubai 2022: Keynote Speech by Anndy Lian

Crypto Expo Dubai is the event for Investors and Crypto Industry leaders to network and Explore more business opportunities in the Crypto Space. Meet the right Crypto Companies to Invest and Trade.

Kishu Inu Foundation decided to present and official launch its “K Project” at this event in Dubai.

Anndy Lian, is the Council Member of the Kishu Inu Foundation. He is also an early investor to the token. He joined as a Council Member in February 2022 as he wants to continue doing good with the foundation by donating and helping the less fortunate. The foundation has helped people from Brazil to Philippines, and it is still expanding its footprint.

Anndy is the Chairman of BigONE Exchange. An exchange that has been around since 2017 and is currently ranked top 40 globally. He is also the Chief Digital Advisor at Mongolia Productivity Organisation. Lian is also an investor, book author and philanthropist.

Kishu Inu ($KISHU) is a community-focused, decentralized cryptocurrency with instant rewards thanks to active users! The launch of Project K aka Kishu Kingdom is moving Kishu into the play to earn gaming space. The game is developed by Mainleaf. Mainleaf is specialized in games development since 2010. They have a diverse team with almost 50 members, covering all game development areas such as programming, art, and management. The game becomes the gateway and connector to the current Kishu Inu 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 the Chief Digital Advisor at Mongolia Productivity Organization, championing national digitization. Prior to his current appointments, he was the Chairman of BigONE Exchange, a global top 30 ranked crypto spot exchange and was also the Advisory Board Member for Hyundai DAC, the blockchain arm of South Korea’s largest car manufacturer Hyundai Motor Group. Lian played a pivotal role as the Blockchain Advisor for Asian Productivity Organisation (APO), an intergovernmental organization committed to improving productivity in the Asia-Pacific region.

An avid supporter of incubating start-ups, Anndy has also been a private investor for the past eight years. With a growth investment mindset, Anndy strategically demonstrates this in the companies he chooses to be involved with. He believes that what he is doing through blockchain technology currently will revolutionise and redefine traditional businesses. He also believes that the blockchain industry has to be “redecentralised”.

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Thanks for the mention at World Smart City Expo 2019

Thanks for the mention at World Smart City Expo 2019

World Smart City Expo is the largest Smart City related exhibition in Asia hosted by Republic of Korea’s Ministry of Science and ICT, Ministry of Land, Infrastructure and Transport, LH, K Water and Kintex.

Anndy Lian, Author of Blockchain Revolution 2030 and an Advisor for intergovernmental organisation is the moderator of the session who started by sharing how smart cities are redefined with the injection of new technology: ”When I first heard about Smart cities from United Nations more than a decade ago, I thought we would have never made it so far. Right now, with the inputs from new technologies such as blockchain, it makes a lot more sense. Country leaders that I am giving advise too are also seeing it from a different perspective right now. They are all willing to look beyond their comfort zone using new technologies, and when we talked about smart cities, most people spoke about energy, sustainability, infrastructure – How about playing smarter and using games as part of the whole adoption structure?”

Martin gave his new insights on how gamification and blockchain can create better adoption after the smart cities are built: ”Gaimin.io is structured to do this. Within smart cities, there are smart homes, and in the homes, you can see a lot of devices connecting. Gaimin’s software can use the data, bridge the connectivity, perhaps using games to allow users of smart cities to earn smart tokens to pay off some of their bills. We foresee that smart city users need time to adapt to the new environment and get used to the new technology, Gaimin incentive structure and its “fun” nature will entice more people to adopt faster and give them a better experience.”

“Ea3w.com is the leading Chinese media company for online procurement service and consumer electronics buying guide; they provided their her opinions on smart electronics. We have been looking forward to seeing how smart electronics can show off their full potential in smart cities of the future. At the same time, I also agree with Anndy that smart cities need more attenton and additional funds. STO exchanges like SingDax and Coinbase will help in some extent to build the smart cities faster.” – Jenny Zheng, Partner of Ea3w.com (Formerly owned by Columbia Broadcasting System – CBS) mentioned during her speech.

The expo has more than 21,000 attendees from 200 cities in 60 countries worldwide; some attendees include Minister of Korea, esteem foreign VIPs like government officials Taiwan, Europe, America, and South Africa amongst others.

 

Read full text at:

https://www.newson6.com/story/41041824/gaimins-gamification-in-the-context-of-smart-cities

or

Gaimin’s Gamification in the context of smart cities

 

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 the Chief Digital Advisor at Mongolia Productivity Organization, championing national digitization. Prior to his current appointments, he was the Chairman of BigONE Exchange, a global top 30 ranked crypto spot exchange and was also the Advisory Board Member for Hyundai DAC, the blockchain arm of South Korea’s largest car manufacturer Hyundai Motor Group. Lian played a pivotal role as the Blockchain Advisor for Asian Productivity Organisation (APO), an intergovernmental organization committed to improving productivity in the Asia-Pacific region.

An avid supporter of incubating start-ups, Anndy has also been a private investor for the past eight years. With a growth investment mindset, Anndy strategically demonstrates this in the companies he chooses to be involved with. He believes that what he is doing through blockchain technology currently will revolutionise and redefine traditional businesses. He also believes that the blockchain industry has to be “redecentralised”.

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