KBCC Panel 1: Blockchain Technology, Development, Innovation & Opportunity

KBCC Panel 1: Blockchain Technology, Development, Innovation & Opportunity

Korea Blockchain Conference (KBCC) was held at the Grand InterContinental Seoul Parnas Grand Ballroom on the 15th February 2022.

KBCC was conceptualized and curated to help the growth and development of the blockchain industry. The event helps to let the South Korean audiences know more about the technology and also bringing foreign talents to share their experiences with the local.

The opening session was given by HS88 Chairman Kim Ho-seong. The session ended with a video congratulatory speech by Won Hee-ryong, a member of the People’s Power, and Lee Sang-ki, the Korean representative of the World Blockchain Organization (WBO).

Hoon-ki Park, Secretary General of the Busan Blockchain Industry Association, and Hyung-joong Kim, a special professor at the Graduate School of Information Security at Korea University have also shared their insights.

There are numerous foreign blockchain experts who participated in the event too. The panel titled Blockchain Technology, Innovation And Opportunity. The panel is led by Jenny Zheng (ByBit, NFT BD Lead), Anndy Lian (Big One Exchange, Chairman), Davy Goh (Passion VC, CEO), and Joe Lu (Origin Storage, Partner) , and Hwang Byung-sun (Big Bang Angels, CEO).

“As an exchange operator and investor, the main driver for blockchain technology is utility. There are better use cases as we progress. The integrated of Web 3.0, gamefi and NFT help to related with more people and allow new blood into the business. Meme coins are also another trend that cannot ignore. Their communities are the real assets in time to come.” Anndy Lian, Chairman of BigONE Exchange said.

Jenny Zheng, the business development lead of by Bybit NFT marketplace also mentioned in the panel that Korea has always been a very powerful country in the field of entertainment & gaming industries and Bybit is looking for more opportunities to work with good Korean projects in those fields. “NFT is surely a trend that you cannot ignore. More and more companies are getting on. Do not be a late adopter.”

“I am in the fund management business and there is a strong demand and interest in blockchain technology investment. We need to quickly fill up the gaps and start to explain what is blockchain to the traditional players. If we can get them to understand what this technology can do, we will see more funds flowing into the industry.” Davy Goh, CEO of Passion Venture Capital explained.

The global blockchain market is currently about 2,000 trillion won and has achieved explosive growth in blockchain-related industries such as exchanges, blockchain companies (Defi, NFT, Metaverse, etc.). However, the domestic blockchain industry is undergoing regulatory enforcements such as special tax laws and taxation before entering the system, and general investors are not protected by policies that do not have clear guidelines. In order to improve this and help all parties to understand this industry, KBCC will continue to hold international conferences in the future with the aim to aid the development of the blockchain industry.

 

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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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 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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Investments in Innovation- 2021 Trends: Anndy Lian Commented “We should look into ASEAN.”

Investments in Innovation- 2021 Trends: Anndy Lian Commented “We should look into ASEAN.”

Day 4 of Digital Week Online Spring 2021 is “Innovation Day”. Investments and innovation work closely together. The panel “Investments in innovations – 2021 trends” has brought in speakers from different background.

Speakers:
Richard Wang, Draper Dragon Fund
Aly Madhavji, Blockchain Founders Fund
Nisa Amoils, Managing Partner of A100x Ventures X
Anndy Lian, Advisory Board Member, Hyundai DAC; Member of Gyeongsangbuk-do Blockchain Special Committee

Moderator:
Gordon Einstein, Founding Partner of CryptoLaw Partners

“COVID19 has changed mindsets, it brings businesses out of their comfort zones. It also gives traditional businesses a chance to adopt new technologies, maybe crypto too.” Anndy Lian said. Gordon Einstein echoed by saying “Crisis is an opportunity for change.”

The panel also discussed how the west and east look at innovation. Richard Wang commented and quoting AI as an example. “USA has better technology in term of the algorithm. China has a good market. they have a huge market. But I do believe we have a substantial advantage over USA companies.” Aly Madhavji countered by saying data availability and protection is the key. “China has a different philosophy, and they actually tend to look at it more collectively. Their government can help to enable access to major companies to that data. But in Europe, it is very difficult to do these things.”

Lastly, Gordan asked where are the other opportunities that we should look out for. Nisa Amoils mentioned South East Asia and Africa. Anndy Lian also agreed with Nisa. “We should look at ASEAN as a bloc, there is a population of 700 million. This will be a big region for adoption and business for innovation.”

Digital Week Online is an online Summit that unites tech entrepreneurs, authors, investors, innovators, leading corporates, and key governments. Digital Week Online offers a global cutting edge Digital Transformation programme that highlights the latest trends and issues regarding Society 5.0 – AI, Blockchain, COVID19 Impact, Smart Cities, FinTech, Data, Privacy & Cybersecurity, Corporate Innovation, Gaming & Entertainment, and more. For more information, visit https://digitalweek.online/.

About Anndy Lian:
Anndy Lian is an early blockchain adopter and experienced serial blockchain entrepreneur who is known for his work in the government sector. He is a best selling book author “Blockchain Revolution 2030” and currently the Advisory Board Member of Hyundai DAC Technology. He plays a pivotal role as the Blockchain Advisor for Asian Productivity Organisation (APO), an intergovernmental organization committed to improving productivity in the Asia-Pacific region. Anndy is also part of the Gyeongsangbuk-do Blockchain Special Committee, Government of Republic Korea, together with industry experts such as Brock Pierce

An avid supporter of incubating start-ups, Anndy has investments in several traditional companies. He 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 https://www.anndy.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 “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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