Tag Archives: fintech

Crypto Expo Asia Announces Partnerships with Asia Blockchain Association, Asia Blockchain Gaming Alliance, Asosiasi Blockchain Indonesia, Singapore Fintech Association, and More

Crypto Expo Asia Announces Partnerships with Asia Blockchain Association, Asia Blockchain Gaming Alliance, Asosiasi Blockchain Indonesia, Singapore Fintech Association, and More

SINGAPORE, April 11, 2023 (GLOBE NEWSWIRE) — Crypto Expo Asia , one of the region’s leading crypto conferences and exhibitions, today announced partnerships with the Asia Blockchain Association ( ABA ), Asia Blockchain Gaming Alliance ( ABGA ), Asosiasi Blockchain Indonesia ( ABI ), Singapore Fintech Association ( SFA ), and the Singapore University of Social Sciences Node for Inclusive FinTech Blockchain Security Alliance ( SUSS NiFT ) to bolster collaboration with leading industry groups and offer preferential rates to association members. This second edition of Crypto Expo Asia will take place from 7 – 8 June at Singapore’s iconic Marina Bay Sands Expo.

The event also unveiled its latest line-up of headline speakers, which include Hayden Hughes, Co-Founder and CEO of Alpha Impact ; Sidney Macdessi, Head of Institutional Sales at Cake DeFi ; Peter Sumer, COO of BITmarkets ; Igneus Terrenus, Head of Communications & Business Development at the Mantle Network by BitDAO ; Giulio Xiloyannis, CEO of Pixelmon ; Chen Zhuling, CEO and Founder of RockX ; Pradeep Goel, Founder & CEO of Solve.Care ; renowned blockchain strategist and thought leader, Anndy Lian; and more.

Media partners for the event include Cointelegraph , Blockhead , CoinCu , Chain Debrief , Jinse Finance , and U.Today .

[L – R] Hayden Hughes, Co-Founder and CEO of Alpha Impact; Sidney Macdessi, Head of Institutional Sales at Cake DeFi; Igneus Terrenus, Head of Communications & Business Development at the Mantle Network by BitDAO; Giulio Xiloyannis, CEO of Pixelmon; Chen Zhuling, CEO and Founder of RockX; Pradeep Goel, Founder & CEO of Solve.Care; blockchain strategist, Anndy Lian

Michael Xuan, Director, Crypto Expo Asia, said: “Amid calls for greater regulatory oversight around crypto, it is apparent that now is the time for open dialogue between companies, developers, investors, and governments, to chart the way forward. As with all bleeding-edge developments, intra-industry collaboration is critical to advancing the entire blockchain and crypto ecosystem, ensuring it evolves in a sustainable and responsible manner without stymieing innovation.”

Speakers and panellists at Crypto Expo Asia will address key trends shaping the global Web3 and crypto industry, including artificial intelligence, central bank digital currencies (CBDCs), Web3 regulation, blockchain gaming, and what this will ultimately mean for an industry that has undergone scrutiny and seismic change over the last few months.

“With more businesses trying to navigate the metaverse, we are pleased to announce the inaugural Web3 Expo Asia Summit, a sub-event under the auspices of Crypto Expo Asia. This first summit will introduce pilot sessions for metaverse and NFT-specific panels and discussions,” added Michael.

Shawn Tham, Co-Chairman, Asia Blockchain Association, said: “The industry’s recent trials have shown just how important it is for the community to engage in productive discourse, and conferences such as Crypto Expo Asia provide a platform for discussion. Driving conversations and facilitating solutions to the industry’s most pressing issues is part of the ABA’s raison d’être, and we look forward to the ideas and solutions that will emerge from the conference this year.”

Ahead of what is shaping up to be the definitive return for one of Asia’s most exciting crypto industry events, Crypto Expo Asia has already seen major crypto players including ABX , BEOSIN , BITmarkets , Coinstore , and PurpleFi pledge their support for the event.

Organised by international exhibitions and conference company, HQMENA , Crypto Expo Asia is the second crypto-focused event of the HQMENA calendar, following the highly successful second run for Crypto Expo Dubai which ran from 8 – 9 March 2023. This year’s Crypto Expo Dubai drew over 4,000 attendees and welcomed representatives from the Blockchain Founders Fund , Chainalysis , Nexo , and more.

Interested sponsors, partners, and speakers for Crypto Expo Asia are encouraged to visit the website for more information: https://cryptoexpoasia.com/ .

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About Crypto Expo Asia
Crypto Expo Asia is the premier event for the global crypto ecosystem in Asia, creating an integral platform for the industry to connect and exchange ideas. Attendees gain valuable insight into the global crypto ecosystem and are given a chance to exchange ideas with established thought leaders.

Topics discussed include the future of the blockchain-based economy and the possible impacts on industry and society, while attendees are among the first to know about market movements, partnerships and product launches. Crypto Expo Asia is an unrivalled global meeting place for like-minded entrepreneurs, industry insiders and investors.

For more information, visit: https://cryptoexpoasia.com/

 

Source: https://www.investorsobserver.com/news/qm-pr/4781239619583701

Anndy Lian is an early blockchain adopter and experienced serial entrepreneur who is known for his work in the government sector. He is a best selling book author- “NFT: From Zero to Hero” and “Blockchain Revolution 2030”.

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

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

www.anndy.com
j j j

From centralisation to decentralisation; how blockchain-oriented fintech can benefit the financial sector

From centralisation to decentralisation; how blockchain-oriented fintech can benefit the financial sector

Additional comments.

Blockchain has the potential to digitize the entire trade finance lifecycle while increasing security and efficiency, lower fraud, human error, and overall counterparty risk.

From a productivity stand point, blockchain intervention allows the whole banking process to be automated within a given set of variables and guidelines and certain banking functions can work 24/7 instead of 9 to 5. In the example of payment, the current system for cross border transactions can take up to a week to clear, with the help of blockchain the amount can be cleared instantly.

On top of everything, it can enable more transparent governance as all the transactions are trackable and traceable on the blockchain.

 

Anndy Lian

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From centralisation to decentralisation; how blockchain-oriented fintech can benefit the financial sector

As stated by experts, blockchain has the capability to digitise the trade finance ecosystem with increment in security and efficiency, reduction in fraudulent practices and human errors, and overall fall in counterparty risks

From what it seems one of the burgeoning technology blockchain is expected to have an impact across sectors including finance. Insights from a study conducted by Market Research Future, a market analysis company, have shown that blockchain within the fintech market will be valued at $31.4 billion by 2030, thereby clocking a 47.90% compound annual growth rate (CAGR). “Blockchain’s influence on the fintech sector can play a key role in boosting privacy and reduction of risks, while transactions are conducted. With no intermediaries involved, customers can conduct transactions at a reduced cost. As the financial industry starts to use blockchain, the potential to provide reliable and transparent transactions will become prevalent,” Prashant Kumar, founder, and CEO, weTrade, a cryptocurrency startup, told FE Digital Currency.

As stated by experts, blockchain has the capability to digitise the trade ecosystem with increment in security and efficiency, reduction in fraudulent practices and human errors, and overall fall in counterparty risks. A blog by International Business Machines (IBM) Corporation, a technology corporation, mentioned that 54% of banks surveyed said that transformative technologies such as blockchain, digital trade, and online trade platforms are priority areas of development with regard to future growth. “From a productivity standpoint, blockchain’s intervention will allow the banking system to be automated within a given set of variables, to allow them to function 24×7. Moreover, it can enable transparent governance, as transactions will become traceable on blockchain,” Anndy Lian, chief digital advisor, Mongolian Productivity Organisation, a governmental organisation, said.

Anndy Lian is an early blockchain adopter and experienced serial entrepreneur who is known for his work in the government sector. He is a best selling book author- “NFT: From Zero to Hero” and “Blockchain Revolution 2030”.

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

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

www.anndy.com
j j j

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- “NFT: From Zero to Hero” and “Blockchain Revolution 2030”.

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

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

www.anndy.com
j j j