Tag Archives: future

Anndy Lian Speaks for China-ASEAN Business Alliance Series: Overcoming COVID19 – Commercializing Blockchain in ASEAN

Anndy Lian Speaks for China-ASEAN Business Alliance Series: Overcoming COVID19 – Commercializing Blockchain in ASEAN

Anndy Lian will be the moderator for the second CABA Series virtual event with the theme ‘Overcoming Covid-19 Commercialising Blockchain in ASEAN’ this coming. He will share insights on what is the blockchain industry like right now and what should be expected in the future. Blockchain technology has grown at a fast rate in the last 3 years. Blockchain solutions are available, ready to use and are poised to revolutionise how business, government and academia tackle issues for the future. With its ability to create transparency and fairness and saving businesses time and money, the technology has impacted a variety of industries. COVID19 crisis has revealed a general lack of connectivity and data exchange built into our global supply chains. Future resiliency will depend on building transparent, inter-operable and connective networks. This is where Blockchain comes into place.

At this 3-hour virtual session, we will give an overview of the blockchain industry, regulations and some promising areas that should look in the near future.

The event will be on 30 June 2020, 10:00am – 1:00pm. Book your complimentary ticket now.

Blockchain Regulatory Framework
Tan Chong Huat, Senior Partner of RHTLaw Asia LLP

– Blockchain Regulatory Framework in Asia, Europe and America – A comparison
– Law & Practice in Singapore
– MAS Regulatory Framework
– Why Regulatory Framework is important for Blockchain

Tokenisation of Real Estate
Jayaprakash Jagateesan CEO of RHT Fintech Holdings Pte Ltd

– Understanding the exciting possibilities offered by the tokenization of real estate assets;
– Fractionalisation of real estate assets – what it means to investors and asset owners to split the ownership through the issuance of digital securitised tokens;
– Using Distributed Ledger Technology to register ownership and tracking trades in a regulated market

Panel Discussion
Future Trends: What should we look out for?

Tan Chong Huat, Senior Partner of RHTLaw Asia LLP
Jayaprakash Jagateesan CEO of RHT Fintech Holdings Pte Ltd
Anndy Lian, Chairman (Asia) of Decent Foundation
Dominic Morris, Chief Technology Officer of SDAX

About China-ASEAN Business Alliance (CABA)

China-ASEAN Business Alliance (CABA)’s core team are well-connected ASEAN-China experts who will able to provide customised Management/Consultancy services for the CABA members who require more than introduction and networking opportunities with other businesses and trade promotion agencies.

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
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Knnit Speaks to Anndy Lian, Singapore Blockchain Expert on “The Purpose of 2nd Tier Crypto Exchanges”

Knnit Speaks to Anndy Lian, Singapore Blockchain Expert on “The Purpose of 2nd Tier Crypto Exchanges”

  1. Can you tell us more about yourself?

My name is Anndy Lian. I have been active in the blockchain market since 2017. I had my first bitcoin in early 2010 when they are worth much lesser basically. Right now I spend most of my time advising governments and also acting as the Chairman (Asia) for Decent Foundation based in Switzerland and Chairman (Singapore) for Korean eSports Industry Association. I am also a book author for Blockchain Revolution 2030.

 

  1. In your view, do second-tier crypto-exchanges do enough to differentiate themselves? Do they have unique selling points? What do they offer that bigger exchanges don’t?

Top few exchanges seem to have everything, not much left for the second-tier and small exchanges so they are working/ struggling especially hard, just to survive. The only advantage they have compared to the big brothers is they are too small to be on the radar so they can be more “wild”. You seldom see a coin goes 100X on big exchanges but it’s still happening on second-tier and small exchanges. However small exchanges close down every month so users who like to “gamble” will choose the second-tier exchange over the big ones.

 

  1. What, if anything, can second-tier exchanges do to differentiate themselves? Do you expect such exchanges to succeed in introducing unique features in the future?

Yes, they need to have a new model, their own models, the first in the industry kind of model to succeed. However, new model also means high uncertainty and risk. You do it well you become Bitmex, you do it wrong Fcoin is your example.

 

  1. Does the crypto system really need smaller, second-tier exchanges? What role do they serve, if any?

Yes, smaller, second-tier exchanges are like the catfish in the sardines, more players mean more competition, more competition brings more innovation and better services. Those newcomers they are standing on the shoulders of giants, they can build their exchanges on the most neat and efficient manner, they can try new features more freely, respond and adjust to the market faster.

 

  1. Do you expect to see consolidation in the cryptocurrency exchange sector in the future? How much consolidation?

It’s already happening:

1) Many exchanges are opening their branches abroad, sometimes they do it themselves but more times they collaborate with local exchange partners( eg. OKEx & OKEx Korea).

2) Small/New exchanges are opening/switching their businesses on/to big exchange’s cloud services so they can start easy and cheap, when they grow big they can even get investment from the big exchanges.

3) Big exchanges are also collaborating more and investing in other exchanges eg Binance investing into WazirX India.

 

  1. What other observations do you see in the crypto exchange market?

New crypto exchanges will pop up now and then. Those who inspired to start an exchange will go to companies like ChainUp, HyrdaX, SHIFT etc. Some trends were possibly be revived such as DAPP Gaming Store and Decentralised Exchanges (DEX) in the mid of 2021 too. I am keeping a close lookout on these possibilities. In the nutshell, crypto exchanges are here to stay and here to make more noises for the crypto and blockchain communities.

To learn more about blockchain, you can visit Anndy Lian at his website (http://www.anndy.com) and follow him on Twitter (https://twitter.com/anndylian).

This interview is brought to you by KNNIT and Blockcast.

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

International Experts Talks about the Future of Blockchain at World Blockchain Summit Busan 2020

International Experts Talks about the Future of Blockchain at World Blockchain Summit Busan 2020

The World Blockchain Summit Busan 2020 brought international technology experts to Busan, South Korea, to discuss the future of blockchain. Anndy Lian, inter-governmental Blockchain Advisor and author of Blockchain Revolution 2020 and Andrew Faridani, President & CEO Breeze Max Web and Forbes Business Development Council were at a panel titled “The Future cannot be regulated”.

“Innovation is the guarantor of future prosperity and not regulation. In order for us to have a brighter future, we need to be innovative now to set a good foundation, and regulations can set in later to standardize. This is how typically sandbox models work, we trial and error, and if the results are good and acceptable, they graduate from the sandbox regime. Singapore’s MAS did a good job for blockchain-driven project, and I believe Busan as the regulatory free zone can take reference from what was done and make it better.” Anndy commented.

Andrew agreed with the points and added: “The companies best positioned to be able to help the authorities make responsible regulations are those companies in industries that have the power to generate the most customers. The leading industry may be the gaming industry, because of its potential to recruit end-users at a rapid rate is probably the biggest out of any of the industries involved right now in blockchain. Responsible leading companies such as Gaimin, have the ability to be the forerunners of this movement.”

Former South Korea Minister of Environment Lee Maanee and keynote speaker at the event also explained further, “Busan has designated the blockchain special zone and laid the foundation for the public and private sectors to become the leading model of the Fourth Industrial Revolution.”

Park Bong-Kyu, chairman of World Blockchain Summit Busan said, “Two years ago, blockchain was an unfamiliar field, but I thought it will be a new wave that would make a big difference in our everyday life. I learned about blockchain and expanded the community with all my passion. I will continue to educate everyone with blockchain knowledge.”

Blockchain experts from Maker DAO, Conflux, Gaimin.io, Quarkchain were present at the event to lend their support and find out more about the Busan Economic Zone.

The World Blockchain Summit Busan 2020 was held in Busan on 20th February 2020, jointly organised by Blockchain MARVELS and Busan Economic Promotion Agency, and hosted by the Korea CEO Summit, Busan, BNK Financial Group, Korea Blockchain Industry Promotion Association, Korea Blockchain Startup Association, Korea Blockchain Association, Global Fintech Industry Promotion Center, Chungbuk Blockchain and Korea e-Sports Industry Association.

For more information on the summit, go to https://wbsmarvels.com/.

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