Asian Digital Week 2021 “Special Edition” Interviews Anndy Lian- Evolving fintech landscape in Asia

Asian Digital Week 2021 “Special Edition” Interviews Anndy Lian- Evolving fintech landscape in Asia

Can you tell me a bit about your background and your current role?

My name is Anndy Lian. I am an early blockchain adopter and experienced serial blockchain entrepreneur. I am known for my work in the government sector for the blockchain space.

Currently, I am 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.

I am also part of the Gyeongsangbuk-do Blockchain Special Committee, Government of Republic Korea, together with industry experts such as Brock Pierce (Chairman, Bitcoin Foundation) and Alexis Sirkia (Founder of Yellow.com), helping the province to grow using blockchain technologies.

Concurrently, I also act as the Chairman (Singapore) for Korea eSports Industry Association (KeIA) where I am actively promoting eSports to go mainstream and adopt cryptocurrencies.

I have 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. I advise the Secretariat on the latest concepts and applications of blockchain technologies in cybersecurity and IoT network data integrity across smart factories and upskills the Secretariat staff in blockchain technologies as applicable to productivity. APO members include Bangladesh, Cambodia, Republic of China, Fiji, Hong Kong, India, Indonesia, Islamic Republic of Iran, Japan, Republic of Korea, Lao PDR, Malaysia, Mongolia, Nepal, Pakistan, Philippines, Singapore, Sri Lanka, Thailand, and Vietnam.

I have played a leadership role in not-for-profit and quasi-government linked organizations such as Singapore Business Federation (SBF) and Singapore Institute of International Affairs (SIIA) where I worked alongside policymakers, private sector decision-makers, and experts to create business value propositions for different industries.

I have also written a book titled “Blockchain Revolution 2030” and is published by Kyobo, the largest bookstore chain in South Korea. Together with co-authors, Park Young Sook and Shawn Hamnison, they share insights on how blockchain technology plays an important foundation for the Fourth Industrial Revolution.

An avid supporter of incubating start-ups, I have investments in several companies such as worldairfare.com. I have also been a private investor for the past eight years. With a growth investment mindset, I strategically demonstrate this in the companies I choose to be involved with.

 

 Can you tell us more about Fintech and its importance today?

Fintech stands for financial technology. It is an integration of technology that helps consumers or financial institutions deliver financial services in newer, faster ways than was traditionally available.

It is important to many as it extends financial inclusion, improves our daily lives, creates economic growth, empowering users & businesses. In today’s context, Fintech should be already part of our daily lives. This digital age has made Fintech more accessible, reach a whole new level of finance, and is changing the face of modern banking.

 

What’s gone wrong with traditional SMB Banking?

From a technology standpoint, actually, there is nothing wrong with traditional SMB banking. In the past, SMBs think that their banking needs are not fully met but this is not true entirely. Most SMB Banks are already harnessing the power of technology, they have adopted technology to enable digital banking abilities. They have also converted themselves from purely over the counter services to fully digitalised banking services.

For the very traditional banks who fail to keep up with the current times, they will fall behind. Traditional methods mean no harm. Innovation will push them to embrace changes and such will add in more revenue to the banks and bring customers closer to them.

 

What is the future of digital banking?

The future of digital banking will understand the users’ needs better. With the help of AI and machine learning, it can provide customized services and reduce fraud and loss.

Blockchain technology will also come into place to assist banks with automated services through the usage of smart contracts. It will be an added layer of security, convenience and reliability. Blockchain will form a trusted and controlled environment to streamline the banking performance and making financial transactions convenient and safe for users.

Cryptocurrency will be part of digital banking for sure. It will disrupt and replace how currency is being used.

 

Will banks eventually migrate to a cloud and what hardware they will keep?

The majority of the banks and financial institutions have or are developing a cloud strategy and the more forward-looking ones are also using cloud for years. The reduced in cost and speed to market have moved them into the cloud model. In my opinion, most hardware should be kept as migrating into cloud does not mean closing down the physical counters or closing down their current servers.

 

What do you think is the future of the Fintech industry in Asia?

The Fintech industry in Asia will continue to grow. Blockchain and cryptocurrencies will redefine the future of finance.

 

Or you can read the whole magazine at https://ditech.media/magazine/asian-digital-week-2021-special-edition/.

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

j j j

Anndy Lian Commented”DeFi has a role in the future financial markets” at Asian Digital Week ” Fintech & Digital Banking Innovation Conference”

Anndy Lian Commented”DeFi has a role in the future financial markets” at Asian Digital Week ” Fintech & Digital Banking Innovation Conference”

Asian Digital Week ” Fintech & Digital Banking Innovation Conference” brought experts into the event to discuss on “Digital Banking & Platforms”. This is also the second session for the event. The experts talked about the adoption of blockchain for governments, large enterprises & SMEs, decentralised finance, trends ahead on fintech, neo-banks, responsible innovation and evolving regulatory frameworks.

This panel discussion is moderated by Kaiser Naseem – International Development Banker, Tech Platforms, United Arab Emirates and panellists: Anndy Lian – Advisory Board Member, Hyundai DAC, Singapore; Kaiser Naseem – International Development Banker, Tech Platforms, United Arab Emirates; Amit Agrawal – Engagement Director, KPMG, Singapore and Xue Tan – Business Relations Manager Team Lead, GLEIF, Germany.

“Everybody is talking about cryptocurrencies. I won’t be surprised that in the next few years down the line, I don’t need to use physical cash and everything become digital. This will change the entire landscape.” Amit Agrawal – Engagement Director, KPMG, Singapore commented.

“DeFi lending for example. The transactions will take much less time, your collateral can be any digital asset and therefore your physical assets can be safe. There are also no credit checks are necessary, henceforth anybody can apply for a loan.” said Anndy Lian – Advisory Board Member, Hyundai DAC, Singapore

Anndy ended his speech with the question “Is the future of finance decentralised?” He believes that decentralised finance has a role in the future financial markets.

Asian Digital Week is a virtual event, dedicated to the digital transformation of modern society. It includes 7 conferences, giving the viewers useful information about the essential trends related to digital technology. Experts and business leaders from Asia and around the world will come to share personal and professional knowledge, best-case practices and showcase project experiences. The participant will have the chance to learn cutting edge information and view the latest in financial technology.

 

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

j j j

Fox News: Catching Up with Anndy Lian, Inter-Governmental Blockchain Advisor at the Singapore Fintech and Blockchain Week 2019

Fox News: Catching Up with Anndy Lian, Inter-Governmental Blockchain Advisor at the Singapore Fintech and Blockchain Week 2019

The 2019 Singapore Fintech Festival (SFF) kicked off on Monday at the Singapore EXPO, marking the first day of the world’s biggest annual fintech gathering. The Blockchain Week follows back to back with SFF. We have met many good projects such as TransferWise, Razer Pay, FlovTec, Zigway and more. We have also managed to catch up with some of the leading blockchain practitioners at Singapore this week. We will collate some interviews and have them featured on our interview section.

Today, we have Mr Anndy Lian with us. He is a blockchain advisor to an inter-governmental organisation, a book author and a strong voice in the blockchain community.

Blockcast.cc: Hi Anndy, good to see you again. It has been a while since we meet. I rememeber the last time we met was in South Korea and ever since I am being sent to the USA office, I have not seen you. How are things?

Anndy Lian: Thanks for asking. Things are great. We have been working on multiple things for the government and also in the midst of going through a RMO application in Singapore for SingDax. Things for me are very hectic and I have been travelling for quite a bit and have not gotten the chance to catch up with your team.

Anndy Lian: Sure that will be good. I will try my best to be tactful and also give you some candid replies.

Blockcast.cc: What is your opinion on the development of the blockchain industry during the last year?

Anndy Lian: I would say that the development of blockchain is slower than what I have expected. As you know, I travel quite a bit and have been actively giving advise to governments agencies on blockchain matters. The people on the grounds are thinking very similar as I do. 2019 to me is supposed to be a less speculative time for cryptocurrencies. More adoption of blockchain should be seen but the numbers does not add up. Many projects came up with good ideas, but fall short of implementing properly. Some of them failed to get funds too. Others will get into new troubles with the changes in the regulations. Well in 2020, I hope to see more traditional companies coming in and also helping some of these good ideas go into execution.

Blockcast.cc: What is your vision on the development of the STO market in the upcoming years?

Anndy Lian: There is a lot to say for this topic. Speaking from my own perspectives. The STO market is very promising and will do well starting in 2020. In Singapore and also in ASEAN, I see regulators stepping up to issue related licences to facilitate the STO market. This is a good sign for the market.

If you look at the overall STO market, the leading country is still United States and if you look at the European side, Switzerland is the champion. The next prominent bloc will be South East Asia and to me Singapore is obviously the lead country pushing this across, getting traction from the neighboring countries. The actual number of STO skyrocketed almost 10 times if you compare the statistics for 2017 and 2019. Again, if you look at it deeper, the smaller STO projects appear to be more successful, the sweet spot is between $1m to around $5m.

With new global investors coming into the STO blockchain scene and this will create a new demand in time to come. As some of you know, my team is working on a new security digital asset exchange call SingDax. We have good support from the regulator and traditional companies too. Like I have mentioned above, the support from traditional companies are very vital in this process of merging the new economy with the old. The value creation is far more than what some can imagine.

I also do see a minus point on how STOs are structured and how blockchain technology can come into play in this security market. Many of the operators, funders and brains behind some of these projects are just too “old school”. There is nothing wrong with being safe, if I may say but being safe is not necessary good when we are innovating. Being safe would also mean that we may not have a real competitive advantage over the existing business models.

Blockast.cc: What do you think about the possibility for accredited investors to participate in opportunities such as SpaceX or other private companies and startups worldwide?

Anndy Lian: Personally I am a fan of Elon Musk and SpaceX of course, projects like this are wonderful and if they are opened for global accredited investors to participate using the blockchain, it will be good news for all of us and also for SpaceX. But then again, you cannot compare SpaceX with all other startups. The risks involved in investing to startups are very high in some aspects. If you look from STO point of view, equity based tokens have very high up side for investors, my take is that projects or companies who are issuing such tokens should be listed on a regulated token exchange for STOs. This can help to defray some risks and also give new investors more confidence.

Blockcast.cc: I also noted that you have not been sharing much recently. Are you slowing down your pace?

Anndy Lian: (Laughs) To be honest, I have been very busy. On my governmental work, I have just completed a training module of over 100 slides for Asian Productivity Organization on Smart Manufacturing and Blockchain where all the members from 22 countries can access to it online.

I am also busy with SingDax. The process is very interesting and promising frankly. If I have more resources, things can move a lot faster. I met regulators regionally, virtual banks, global real estate funds, developers and more. I can’t disclose anything more as I have a board to answer to.

Blockcast.cc: Do you still have time to speak at events? Again, I don’t see any new updates on events that you have spoken on.

Anndy Lian: I can’t stop what I am doing. I want to share as much information to people who want to understand blockchain. There were a couple of events that I have spoken at but did not have the time share.

I was the keynote speaker at Blockchain Summit 2019 in Singapore on 20 September 2019 organized by a India based knowledge partner where I spoke about “The Future Roadmap for Blockchain”.

Also on 17 October 2019 at RHT ASEAN Summit 2019 where I was part of a panel titled “Regional Supply Chain” where we discuss the trends, issues and opportunities for supply chain. During the summit, we also had the honour for SMS Edwin Tong to present us the appointment letter as the Advisory Panel Member for the China-ASEAN Business Alliance.

I am still very active in the market. I think. (Laughs again)

Blockcast.cc: Thanks for your insights again. I do understand where you are coming from especially on the securities side of things. As our usual practice, can we get a quote from you.

Anndy Lian: Ok. I would like to share something different with you today.

“GROW TOGETHER WITH THE BLOCKCHAIN TECHNOLOGY, NOT THE HYPE. DISRUPTION IS JUST BEGINNING.”

Blockcast.cc: Thanks Anndy.

Anndy Lian: Thanks Melody for the interview during this Singapore Fintech and Blockchain Week 2019.

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

Source: https://www.fox34.com/story/41345374/catching-up-with-anndy-lian-intergovernmental-blockchain-advisor-at-the-singapore-fintech-and-blockchain-week-2019

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

j j j

Nebraska News: Catching Up with Anndy Lian, Inter-Governmental Blockchain Advisor at the Singapore Fintech and Blockchain Week 2019

Nebraska News: Catching Up with Anndy Lian, Inter-Governmental Blockchain Advisor at the Singapore Fintech and Blockchain Week 2019

The 2019 Singapore Fintech Festival (SFF) kicked off on Monday at the Singapore EXPO, marking the first day of the world’s biggest annual fintech gathering. The Blockchain Week follows back to back with SFF. We have met many good projects such as TransferWise, Razer Pay, FlovTec, Zigway and more. We have also managed to catch up with some of the leading blockchain practitioners at Singapore this week. We will collate some interviews and have them featured on our interview section.

Today, we have Mr Anndy Lian with us. He is a blockchain advisor to an inter-governmental organisation, a book author and a strong voice in the blockchain community.

Blockcast.cc: Hi Anndy, good to see you again. It has been a while since we meet. I rememeber the last time we met was in South Korea and ever since I am being sent to the USA office, I have not seen you. How are things?

Anndy Lian: Thanks for asking. Things are great. We have been working on multiple things for the government and also in the midst of going through a RMO application in Singapore for SingDax. Things for me are very hectic and I have been travelling for quite a bit and have not gotten the chance to catch up with your team.

Blockcast.cc: It is always good to be busy. Since you are looking at the STO market and have the experience in the regulations matter. Let us go through some questions that I have in mind for you. 

Anndy Lian: Sure that will be good. I will try my best to be tactful and also give you some candid replies.

Blockcast.cc: What is your opinion on the development of the blockchain industry during the last year?

Anndy Lian: I would say that the development of blockchain is slower than what I have expected. As you know, I travel quite a bit and have been actively giving advise to governments agencies on blockchain matters. The people on the grounds are thinking very similar as I do. 2019 to me is supposed to be a less speculative time for cryptocurrencies. More adoption of blockchain should be seen but the numbers does not add up. Many projects came up with good ideas, but fall short of implementing properly. Some of them failed to get funds too. Others will get into new troubles with the changes in the regulations. Well in 2020, I hope to see more traditional companies coming in and also helping some of these good ideas go into execution.

Blockcast.cc: What is your vision on the development of the STO market in the upcoming years?

Anndy Lian: There is a lot to say for this topic. Speaking from my own perspectives. The STO market is very promising and will do well starting in 2020. In Singapore and also in ASEAN, I see regulators stepping up to issue related licences to facilitate the STO market. This is a good sign for the market.

If you look at the overall STO market, the leading country is still United States and if you look at the European side, Switzerland is the champion. The next prominent bloc will be South East Asia and to me Singapore is obviously the lead country pushing this across, getting traction from the neighboring countries. The actual number of STO skyrocketed almost 10 times if you compare the statistics for 2017 and 2019. Again, if you look at it deeper, the smaller STO projects appear to be more successful, the sweet spot is between $1m to around $5m.

With new global investors coming into the STO blockchain scene and this will create a new demand in time to come. As some of you know, my team is working on a new security digital asset exchange call SingDax. We have good support from the regulator and traditional companies too. Like I have mentioned above, the support from traditional companies are very vital in this process of merging the new economy with the old. The value creation is far more than what some can imagine.

I also do see a minus point on how STOs are structured and how blockchain technology can come into play in this security market. Many of the operators, funders and brains behind some of these projects are just too “old school”. There is nothing wrong with being safe, if I may say but being safe is not necessary good when we are innovating. Being safe would also mean that we may not have a real competitive advantage over the existing business models.

Blockast.cc: What do you think about the possibility for accredited investors to participate in opportunities such as SpaceX or other private companies and startups worldwide?

Anndy Lian: Personally I am a fan of Elon Musk and SpaceX of course, projects like this are wonderful and if they are opened for global accredited investors to participate using the blockchain, it will be good news for all of us and also for SpaceX. But then again, you cannot compare SpaceX with all other startups. The risks involved in investing to startups are very high in some aspects. If you look from STO point of view, equity based tokens have very high up side for investors, my take is that projects or companies who are issuing such tokens should be listed on a regulated token exchange for STOs. This can help to defray some risks and also give new investors more confidence.

Blockcast.cc: I also noted that you have not been sharing much recently. Are you slowing down your pace?

Anndy Lian: (Laughs) To be honest, I have been very busy. On my governmental work, I have just completed a training module of over 100 slides for Asian Productivity Organization on Smart Manufacturing and Blockchain where all the members from 22 countries can access to it online.

I am also busy with SingDax. The process is very interesting and promising frankly. If I have more resources, things can move a lot faster. I met regulators regionally, virtual banks, global real estate funds, developers and more. I can’t disclose anything more as I have a board to answer to.

Blockcast.cc: Do you still have time to speak at events? Again, I don’t see any new updates on events that you have spoken on.

Anndy Lian: I can’t stop what I am doing. I want to share as much information to people who want to understand blockchain. There were a couple of events that I have spoken at but did not have the time share.

I was the keynote speaker at Blockchain Summit 2019 in Singapore on 20 September 2019 organized by a India based knowledge partner where I spoke about “The Future Roadmap for Blockchain”.

Also on 17 October 2019 at RHT ASEAN Summit 2019 where I was part of a panel titled “Regional Supply Chain” where we discuss the trends, issues and opportunities for supply chain. During the summit, we also had the honour for SMS Edwin Tong to present us the appointment letter as the Advisory Panel Member for the China-ASEAN Business Alliance.

I am still very active in the market. I think. (Laughs again)

Blockcast.cc: Thanks for your insights again. I do understand where you are coming from especially on the securities side of things. As our usual practice, can we get a quote from you.

Anndy Lian: Ok. I would like to share something different with you today.

“GROW TOGETHER WITH THE BLOCKCHAIN TECHNOLOGY, NOT THE HYPE. DISRUPTION IS JUST BEGINNING.”

Blockcast.cc: Thanks Anndy.

Anndy Lian: Thanks Melody for the interview during this Singapore Fintech and Blockchain Week 2019.

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

Source: https://www.newschannelnebraska.com/story/41345374/catching-up-with-anndy-lian-intergovernmental-blockchain-advisor-at-the-singapore-fintech-and-blockchain-week-2019

 

 

 

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

j j j

Catching Up with Anndy Lian, Inter-Governmental Blockchain Advisor at the Singapore Fintech and Blockchain Week 2019

Catching Up with Anndy Lian, Inter-Governmental Blockchain Advisor at the Singapore Fintech and Blockchain Week 2019

The 2019 Singapore Fintech Festival (SFF) kicked off on Monday at the Singapore EXPO, marking the first day of the world’s biggest annual fintech gathering. The Blockchain Week follows back to back with SFF. We have met many good projects such as TransferWise, Razer Pay, FlovTec, Zigway and more. We have also managed to catch up with some of the leading blockchain practitioners at Singapore this week. We will collate some interviews and have them featured on our interview section.

Today, we have Mr Anndy Lian with us. He is a blockchain advisor to an inter-governmental organisation, a book author and a strong voice in the blockchain community.

Blockcast.cc: Hi Anndy, good to see you again. It has been a while since we meet. I rememeber the last time we met was in South Korea and ever since I am being sent to the USA office, I have not seen you. How are things?

Anndy Lian: Thanks for asking. Things are great. We have been working on multiple things for the government and also in the midst of going through a RMO application in Singapore for SingDax. Things for me are very hectic and I have been travelling for quite a bit and have not gotten the chance to catch up with your team.

Blockcast.cc: It is always good to be busy. Since you are looking at the STO market and have the experience in the regulations matter. Let us go through some questions that I have in mind for you. 

Anndy Lian: Sure that will be good. I will try my best to be tactful and also give you some candid replies.

Blockcast.cc: What is your opinion on the development of the blockchain industry during the last year?

Anndy Lian: I would say that the development of blockchain is slower than what I have expected. As you know, I travel quite a bit and have been actively giving advise to governments agencies on blockchain matters. The people on the grounds are thinking very similar as I do. 2019 to me is supposed to be a less speculative time for cryptocurrencies. More adoption of blockchain should be seen but the numbers does not add up. Many projects came up with good ideas, but fall short of implementing properly. Some of them failed to get funds too. Others will get into new troubles with the changes in the regulations. Well in 2020, I hope to see more traditional companies coming in and also helping some of these good ideas go into execution.

Blockcast.cc: What is your vision on the development of the STO market in the upcoming years?

Anndy Lian: There is a lot to say for this topic. Speaking from my own perspectives. The STO market is very promising and will do well starting in 2020. In Singapore and also in ASEAN, I see regulators stepping up to issue related licences to facilitate the STO market. This is a good sign for the market.

If you look at the overall STO market, the leading country is still United States and if you look at the European side, Switzerland is the champion. The next prominent bloc will be South East Asia and to me Singapore is obviously the lead country pushing this across, getting traction from the neighboring countries. The actual number of STO skyrocketed almost 10 times if you compare the statistics for 2017 and 2019. Again, if you look at it deeper, the smaller STO projects appear to be more successful, the sweet spot is between $1m to around $5m.

With new global investors coming into the STO blockchain scene and this will create a new demand in time to come. As some of you know, my team is working on a new security digital asset exchange call SingDax. We have good support from the regulator and traditional companies too. Like I have mentioned above, the support from traditional companies are very vital in this process of merging the new economy with the old. The value creation is far more than what some can imagine.

I also do see a minus point on how STOs are structured and how blockchain technology can come into play in this security market. Many of the operators, funders and brains behind some of these projects are just too “old school”. There is nothing wrong with being safe, if I may say but being safe is not necessary good when we are innovating. Being safe would also mean that we may not have a real competitive advantage over the existing business models.

Blockast.cc: What do you think about the possibility for accredited investors to participate in opportunities such as SpaceX or other private companies and startups worldwide?

Anndy Lian: Personally I am a fan of Elon Musk and SpaceX of course, projects like this are wonderful and if they are opened for global accredited investors to participate using the blockchain, it will be good news for all of us and also for SpaceX. But then again, you cannot compare SpaceX with all other startups. The risks involved in investing to startups are very high in some aspects. If you look from STO point of view, equity based tokens have very high up side for investors, my take is that projects or companies who are issuing such tokens should be listed on a regulated token exchange for STOs. This can help to defray some risks and also give new investors more confidence.

Blockcast.cc: I also noted that you have not been sharing much recently. Are you slowing down your pace?

Anndy Lian: (Laughs) To be honest, I have been very busy. On my governmental work, I have just completed a training module of over 100 slides for Asian Productivity Organization on Smart Manufacturing and Blockchain where all the members from 22 countries can access to it online.

I am also busy with SingDax. The process is very interesting and promising frankly. If I have more resources, things can move a lot faster. I met regulators regionally, virtual banks, global real estate funds, developers and more. I can’t disclose anything more as I have a board to answer to.

Blockcast.cc: Do you still have time to speak at events? Again, I don’t see any new updates on events that you have spoken on.

Anndy Lian: I can’t stop what I am doing. I want to share as much information to people who want to understand blockchain. There were a couple of events that I have spoken at but did not have the time share.

I was the keynote speaker at Blockchain Summit 2019 in Singapore on 20 September 2019 organized by a India based knowledge partner where I spoke about “The Future Roadmap for Blockchain”.

Also on 17 October 2019 at RHT ASEAN Summit 2019 where I was part of a panel titled “Regional Supply Chain” where we discuss the trends, issues and opportunities for supply chain. During the summit, we also had the honour for SMS Edwin Tong to present us the appointment letter as the Advisory Panel Member for the China-ASEAN Business Alliance.

I am still very active in the market. I think. (Laughs- again)

 

Blockcast.cc: Thanks for your insights again. I do understand where you are coming from especially on the securities side of things. As our usual practice, can we get a quote from you.

Anndy Lian: Ok. I would like to share something different with you today.

“GROW TOGETHER WITH THE BLOCKCHAIN TECHNOLOGY, NOT THE HYPE. DISRUPTION IS JUST BEGINNING.”

Blockcast.cc: Thanks Anndy.

Anndy Lian: Thanks Melody for the interview during this Singapore Fintech and Blockchain Week 2019.

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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