The 5 Crypto Experts That You Need to Know in 2024

The 5 Crypto Experts That You Need to Know in 2024

Crypto, or cryptocurrency, is a term that refers to digital assets that are secured by cryptography and operate on decentralized networks, such as blockchain. Crypto has been gaining popularity and adoption around the world in recent years, as it offers various benefits and opportunities, such as innovation, inclusion, efficiency, and sovereignty. However, crypto is also a complex and evolving field, that requires constant learning and updating, as well as critical and informed thinking.

That is why it is important to follow and learn from the experts, who have the knowledge, experience, and insight to guide and educate us about crypto. These are the people who have contributed significantly to the development and advancement of the crypto industry, and who have influenced and inspired many others to join and support the crypto movement. These are the people who can help us understand and navigate the crypto space, and who can help us make better and smarter decisions.

Who are these crypto experts that you need to know? I will present my list of the 5 crypto experts that you need to know, and explain why they are important and influential in the crypto industry. I will also provide some of their social media accounts and platforms, where you can follow and learn from them. Note that this list is not exhaustive, nor ranked in any particular order, and that there are many other crypto experts that are worth following and learning from.

Vitalik Buterin

Vitalik Buterin is the co-founder of Ethereum, the second-largest cryptocurrency platform after Bitcoin, and the most widely used blockchain for smart contracts and decentralized applications. He is also a researcher and developer, who has published numerous papers and articles on various topics related to crypto and blockchain. He also co-founded Bitcoin Magazine, one of the first and most reputable publications on crypto.

He is widely regarded as one of the most brilliant and influential minds in the crypto industry, as he has pioneered and innovated many concepts and technologies that have shaped and transformed the crypto space. He is also known for his vision and leadership, as he has steered and supported the Ethereum community and ecosystem, and has advocated for various causes and values, such as decentralization, scalability, privacy, and social good.

Vitalik is also active and accessible, who regularly engages and interacts with the crypto community and the public, through various channels and platforms, such as X (formerly Twitter), blogs, and conferences. He is also generous and philanthropic, as he has donated and supported various crypto and non-crypto projects and organizations, such as the CryptoRelief initative.

You can follow Vitalik on X at @VitalikButerin, where he has 5 million followers. You can also visit his website at vitalik.ca, where you can find his papers, articles, posts, and other information.

Changpeng Zhao

Changpeng Zhao, or CZ, is the founder and former CEO of Binance, the world’s largest and most popular cryptocurrency exchange by trading volume and users. He is also the founder of Binance Coin (BNB), the native token of the Binance ecosystem, which is one of the top 10 cryptocurrencies by market capitalization. He is also the founder of Binance Smart Chain (BSC), a blockchain platform that supports smart contracts and decentralized applications, and that is compatible with Ethereum.

He is widely regarded as one of the most successful and influential entrepreneurs and leaders in the crypto industry, as he has built and grown Binance into a global and diverse crypto empire, that offers various products and services, such as spot and futures trading, margin and lending, staking and mining, education and charity, and more. He is also known for his vision and strategy, as he has anticipated and adapted to the changing needs and demands of the crypto market and users, and has created and acquired various innovative and successful crypto projects and platforms, such as Trust Wallet and CoinMarketCap.

CZ regularly engages and interacts with the crypto community on X. He is also generous and philanthropic, as he has donated and supported various crypto and non-crypto projects and organizations, such as the Binance Charity Foundation and the Crypto Against Covid campaign.

You can follow CZ on X at @cz_binance, where he has 8.8 million followers.

Roger Ver

Roger Ver is one of the earliest and most prominent investors and advocates of Bitcoin and crypto. He is also the founder and executive chairman of Bitcoin.com, a website that provides various products and services related to Bitcoin and Bitcoin Cash, such as wallets, mining, news, and education.

Roger is widely regarded as one of the most controversial and influential figures in the crypto industry, as he has been involved in various debates and disputes over the direction and development of Bitcoin and crypto. He is also known for his passion and activism, as he has promoted and supported various causes and values, such as freedom, privacy, and voluntaryism.

He is also outspoken and opinionated, as he often expresses his views and perspectives on various topics and issues related to crypto and beyond. You can follow Roger on X at @rogerkver, where he has 742K followers as of Dec. 9, 2023. You can also visit his website at rogerver.com, where you can find his posts, videos, and other information.

Arthur Hayes

Arthur Hayes is the co-founder and former CEO of BitMEX, one of the world’s largest and most popular cryptocurrency derivatives exchanges, that offers various products and services, such as futures and perpetual contracts, margin and leverage, and trading competitions. He is also a former trader and banker, who has worked at Deutsche Bank and Citigroup.

Arthur is widely regarded as one of the most innovative and influential entrepreneurs and leaders in the crypto industry, as he has created and grown BitMEX into a global and dominant crypto platform, that has set and broken various records and milestones, such as reaching over $1 trillion in annual trading volume, and over $10 billion in daily trading volume in 2019. He is also known for his vision and strategy, as he has anticipated and adapted to the changing needs and demands of the crypto market and users, and has created and acquired various innovative and successful crypto projects and platforms, such as BitMEX Ventures, BitMEX Research, and 100x Group.

He is also outspoken and opinionated, as he often expresses his views and perspectives on various topics and issues related to crypto and beyond. He is also known for his humor and wit, as he often uses sarcasm and jokes to convey his messages and opinions.

You can follow Arthur on X at @CryptoHayes, where he has 417K followers. I am not sure if he has an official website like some of the other experts above. For me, I follow his Substack account to find out his latest thoughts on the market.

Anthony Pompliano

Anthony Pompliano, or Pomp, is the co-founder and partner of Morgan Creek Digital, a venture capital firm that invests in blockchain and crypto companies and projects. He is also the host of The Pomp Podcast, one of the most popular and influential podcasts on crypto and finance, where he interviews various guests and experts from the crypto and non-crypto world. He is also the author of The Pomp Letter, a newsletter that covers various topics and issues related to crypto and finance.

Pomp is widely regarded as one of the most knowledgeable and influential educators and advocates of crypto, as he has shared and spread various information and insights on crypto and blockchain, and has convinced and converted many people to join and support the crypto movement. He is also known for his passion and optimism, as he has promoted and supported various causes and values, such as financial freedom, innovation, and sovereignty. He is also known for his generosity and philanthropy, as he has donated and supported various crypto and non-crypto projects and organizations, such as the Water Project, and the Barstool Fund.

While he is also active on X, I would recommend subscribing to his newsletter where I find it most inspiring. You can follow Pomp on X at @APompliano, where he has 1.6 million. You can also visit his website where you can find all his recent works and information.

These are the 5 crypto experts that you need to know, and who can help you learn and understand more about the crypto industry. They are not only experts, but also leaders, innovators, and influencers, who have shaped and transformed the crypto space, and who have inspired and empowered many others to join and support the crypto movement. They are also accessible and engaging, who regularly share and communicate their knowledge and insights, and who invite and welcome your feedback and participation.

The crypto industry is still young and evolving, and it requires constant learning and updating, as well as critical and informed thinking. The 5 crypto experts that we have presented in this article can help you with that, and can help you make better and smarter decisions. However, they are not the only ones, and there are many other crypto experts that are worth following and learning from. I encourage you to explore and discover them, and to form your own opinions and perspectives on crypto and beyond. You can also follow me at @anndylian on X or at www.anndy.com.

Source: https://wishu.io/the-5-crypto-experts-that-you-need-to-know-in-2024/

FAQ

Who is Vitalik Buterin, and what significant contributions has he made to the crypto industry?

Vitalik Buterin is the co-founder of Ethereum, the second-largest cryptocurrency platform. He has significantly influenced the crypto space through his innovations, publications, and leadership. Notably, he co-founded Bitcoin Magazine and actively engages with the crypto community on social media, such as X (@VitalikButerin).

What role does Changpeng Zhao (CZ) play in the crypto industry, and what are some notable achievements associated with him?

Changpeng Zhao, or CZ, is the founder and former CEO of Binance, the world’s largest cryptocurrency exchange. CZ has played a pivotal role in building Binance into a global crypto empire, offering diverse products and services. He is also known for his philanthropic efforts, supporting initiatives like the Binance Charity Foundation. Follow him on X (@cz_binance) for insights.

Who is Roger Ver, and what makes him a controversial figure in the crypto industry?

Roger Ver, an early investor in Bitcoin and founder of Bitcoin.com, is a prominent and controversial figure. He advocates for freedom and privacy, engaging in debates over the direction of Bitcoin. Follow him on X (@rogerkver) for his outspoken views and activism in the crypto space.

What achievements are associated with Arthur Hayes in the crypto industry, and what sets him apart?

Arthur Hayes, co-founder of BitMEX, has been a key entrepreneur in the crypto industry. He transformed BitMEX into a dominant crypto platform, breaking records in trading volume. Known for his opinions and humor, follow him on X (@CryptoHayes) and subscribe to his Substack account for insights.

Who is Anthony Pompliano (Pomp), and what roles does he play in the crypto space?

Anthony Pompliano, co-founder of Morgan Creek Digital and host of The Pomp Podcast, is an influential educator and advocate in the crypto industry. As an author and podcaster, he spreads knowledge and supports causes like financial freedom. Follow him on X (@APompliano) and subscribe to his newsletter for insights.

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”.

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Who are the Best Crypto Experts? 6 Figures You Need to Know

Who are the Best Crypto Experts? 6 Figures You Need to Know

Cryptocurrency, a revolutionary digital asset secured by cryptography and decentralized networks, has spurred a global wave of interest, offering a spectrum of advantages such as innovation, financial inclusivity, efficiency, and individual empowerment.

However, comprehending this intricate domain and making informed decisions within it necessitates guidance from those adept at navigating its complexities.

Here, we spotlight six of the best crypto experts — visionaries, innovators, and leaders whose influence reverberates throughout the crypto industry. Their substantial contributions have molded the landscape, encouraging countless others to embrace and champion the crypto movement.

While these six figures provide invaluable insights, it’s crucial to acknowledge the vast array of individuals shaping the crypto space, urging enthusiasts to explore diverse perspectives and formulate their own informed opinions.

Who Are the Best Crypto Experts?

Brian Armstrong

Brian Armstrong is the co-founder and CEO of Coinbase, the largest cryptocurrency exchange in the United States. He is one of the most influential and visionary leaders in the crypto space, who has been driving the adoption and innovation of crypto and Web3 technologies for over a decade.

Armstrong has contributed significantly to the crypto industry, both through his role at Coinbase and his personal endeavors. He has built Coinbase into a trusted and regulated platform that serves millions of users, investors, and businesses and offers a wide range of products and services, such as trading, custody, debit cards, derivativeslayer 2, and non-fungible tokens (NFTs). He has also advocated for a clear and supportive regulatory framework for crypto in the U.S. and globally and has engaged and consulted with various stakeholders and authorities.

Moreover, Armstrong has been involved in various philanthropic and social impact efforts, such as giving back to the crypto community, supporting open-source projects, and promoting financial inclusion and education. He is the co-founder of GiveCrypto, a nonprofit organization that distributes cryptocurrency to people in need. You can find out more about him at @brian_armstrong on X.

Changpeng Zhao (CZ)

Changpeng Zhao, often referred to as CZ, stands as the founder and former CEO of Binance, recognized as the world’s foremost cryptocurrency exchange in terms of trading volume and user base.

Notably, he is the mastermind behind Binance Coin (BNB), the indigenous token powering the Binance ecosystem, which ranks among the top 10 cryptocurrencies by market capitalization. Additionally, CZ holds the distinction of founding Binance Smart Chain (BSC), a blockchain platform designed to facilitate smart contracts and decentralized applications while maintaining compatibility with Ethereum.

Acknowledged as one of the most accomplished and influential entrepreneurs within the crypto domain, CZ has meticulously cultivated Binance into a global crypto powerhouse. This empire encompasses a diverse array of offerings, spanning spot and futures trading, margin trading, lending, staking, mining, educational initiatives, and philanthropic endeavors. CZ’s strategic acumen and visionary foresight have enabled him to not only anticipate but adeptly cater to the evolving needs of the crypto market and its users. His portfolio boasts an assortment of innovative and successful crypto projects and platforms, including Trust Wallet and CoinMarketCap.

Despite recent legal wranglings, CZ remains actively engaged with the crypto community through platforms like X, fostering regular interactions and engagement. Beyond his business ventures, his philanthropic endeavors underscore his generosity and commitment, evidenced by his support for various crypto and non-crypto initiatives.

Notably, initiatives like the Binance Charity Foundation and the Crypto Against Covid campaign attest to CZ’s dedication to making a positive impact beyond the realm of cryptocurrency. CZ has around 8.8 million followers on X, you can see his posts at @cz_binance.

Vitalik Buterin

Vitalik Buterin stands as the co-founder of Ethereum (ETH), the cryptocurrency platform ranking second only to Bitcoin (BTC), and revered as the foremost blockchain for executing smart contracts and decentralized applications (dApps).

He wears multiple hats as a researcher, developer, and luminary within the crypto space, having authored a plethora of papers and articles that delve into diverse facets of crypto and blockchain.

Additionally, Buterin holds the distinction of co-founding Bitcoin Magazine, a pioneering and highly esteemed publication dedicated to the realms of cryptocurrency.

His presence in the crypto industry resonates profoundly due to his trailblazing intellect and influence. Buterin’s innovative spirit has led him to pioneer and refine numerous concepts and technologies, significantly shaping and revolutionizing the crypto landscape. Recognized for his visionary leadership, he has been a steadfast advocate for pivotal values such as decentralization, scalability, privacy, and social welfare while nurturing and guiding the Ethereum community and its ecosystem.

Engagement and accessibility define Vitalik’s approach as he consistently interacts with the crypto community and the public via various channels, including X (formerly known as Twitter, blogs, and conferences. Notably philanthropic, he extends support to diverse crypto and non-crypto initiatives, exemplified by his involvement in initiatives like the CryptoRelief initiative, showcasing his generosity and commitment to broader societal causes.

You can read more about what Vitalik is doing on X at @VitalikButerin or his website at vitalik.ca.

Roger Ver

Roger Ver emerges as a pioneering figure and early investor who ardently champions Bitcoin and the broader realm of cryptocurrencies. Notably, he assumes the mantle of founder and executive chairman at Bitcoin.com, a comprehensive platform offering an array of services pertinent to Bitcoin and Bitcoin Cash, encompassing digital walletsmining provisions, up-to-date news, and educational resources.

Widely recognized as both a controversial and influential personality within the crypto sphere, Ver has actively engaged in multifaceted debates and disputes concerning the trajectory and evolution of Bitcoin and other cryptocurrencies. His fervor for advocacy and activism is palpable, evident in his unwavering support for causes centered around freedom, privacy, and voluntaryism.

Unabashedly outspoken and possessing strong convictions, Ver frequently articulates his viewpoints on a multitude of subjects extending beyond the crypto realm. His propensity for expressing candid perspectives contributes to his reputation as a vocal and opinionated figure, shaping discussions across diverse topics within and outside the cryptocurrency domain. Follow Roger on X at @rogerkver. You can also visit his website at rogerver.com.

Arthur Hayes

Arthur Hayes is the co-founder and former CEO of BitMEX, one of the most popular and controversial cryptocurrency derivatives exchanges in the world. He is also a prominent figure and commentator in the crypto space, who shares his insights and opinions on various topics related to crypto and blockchain.

Hayes has contributed significantly to the crypto industry, both through his role at BitMEX and his personal endeavors. He has built BitMEX into a leading and innovative platform that offers a variety of products and services, such as perpetual contracts, futures, options, and swaps, with high leverage and low fees. He has also advocated for a more open and inclusive crypto ecosystem and has supported various initiatives and projects that promote crypto adoption and education.

Moreover, Hayes has been involved in various visionary and futuristic ideas, such as the concept of AI DAOs, which are autonomous and self-sustaining entities powered by artificial intelligence (AI) and governed by decentralized autonomous organizations (DAOs). He has also explored the potential of crypto and Web3 to disrupt and transform various sectors and domains, such as finance, culture, entertainment, and governance. He has also expressed his bullish views on various crypto assets.

Read more about Arthur at @CryptoHayes, where he has 417K followers. For me, I follow his Substack account to find out his latest thoughts on the market.

Anthony Pompliano

Anthony Pompliano, or Pomp, is the co-founder and partner of Morgan Creek Digital, a venture capital firm that invests in blockchain and crypto companies and projects. He is also the host of The Pomp Podcast, one of the most popular and influential podcasts on crypto and finance, where he interviews various guests and experts from the crypto and non-crypto world. He is also the author of The Pomp Letter, a newsletter that covers various topics and issues related to crypto and finance.

Pomp is widely regarded as one of the most knowledgeable and influential educators and advocates of crypto, as he has shared and spread various information and insights on crypto and blockchain and has convinced and converted many people to join and support the crypto movement. He is also known for his passion and optimism, as he has promoted and supported various causes and values, such as financial freedom, innovation, and sovereignty.

He is also known for his generosity and philanthropy, as he has donated and supported various crypto and non-crypto projects and organizations, such as the Water Project and the Barstool Fund. You can follow Pomp on X at @APompliano, where he has 1.6 million. You can also visit his website, where you can find all his recent works and information.

The Bottom Line

These top crypto experts are pivotal figures essential for gaining profound insights into the crypto industry. More than just experts, they embody leadership, innovation, and influence, having significantly shaped and revolutionized the crypto landscape.

However, they represent just a fraction of the many skilled experts and crypto influencers worth following and learning from. We encourage exploration and discovery of diverse perspectives, urging individuals to cultivate their unique viewpoints.

 

Source: https://www.techopedia.com/who-are-the-best-crypto-experts

Who is Brian Armstrong in the crypto space, and what significant contributions has he made?

Brian Armstrong, the co-founder and CEO of Coinbase, stands as a visionary leader driving crypto and Web3 innovation. His role in building Coinbase into a trusted platform catering to millions, coupled with his advocacy for clear regulatory frameworks, showcases his profound influence and dedication to the crypto sector.

Could you share insights about Changpeng Zhao (CZ) and his role in the crypto industry?

Changpeng Zhao, renowned as CZ, is the founder of Binance, a global crypto exchange. His strategic prowess and innovation, evident through Binance Coin (BNB) and Binance Smart Chain (BSC), cement his status as an influential entrepreneur shaping the crypto landscape.

What makes Vitalik Buterin a significant figure in the crypto domain?

Vitalik Buterin's co-founding of Ethereum and his commitment to core values like decentralization and scalability exemplify his profound impact. His engagement with the community and support for philanthropic causes underscore his influential presence in crypto.

Who is Roger Ver, and what role does he play in the crypto sphere?

Roger Ver, Bitcoin.com's founder, is an influential voice advocating Bitcoin and Bitcoin Cash. His outspokenness and commitment to privacy and freedom extend his influence beyond crypto, contributing significantly to discussions and debates within and beyond the crypto domain.

Could you shed light on Arthur Hayes' contributions and insights in the crypto industry?

Arthur Hayes, the former CEO of BitMEX, stands as a prominent figure contributing to crypto. His platform's innovation and his visionary ideas, such as AI DAOs, exhibit his commitment to disruptive technologies and their potential in various sectors.

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”.

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What you should know about how tokenised digital money helps with safer transactions

What you should know about how tokenised digital money helps with safer transactions

Like most Singaporeans, Mr Leslie Koh, 50, welcomed the $300 worth of Community Development Council (CDC) vouchers he received.

He was one of over 1.1 million, or 90 per cent, of Singaporean households who had claimed the third tranche of the vouchers within a month of its launch in January.

The vouchers were part of the Government’s measures to support Singaporeans with cost-of-living concerns. Of the $300, half could be used at participating hawker stalls and heartland merchants’ stores, and the other half at participating supermarkets.

Residents claim the vouchers at go.gov.sg/cdcv. They will receive a link on their verified mobile numbers, where vouchers in fixed denominations of $2, $5 and $10 can be accessed.

To use them, you select the amount, get a QR code, and show it to participating merchants to scan and complete the transaction. The current tranche of vouchers will be valid until Dec 31, and can be claimed any time until then.

“My wife and I found the CDC vouchers convenient and easy to use,” says Mr Koh, an editor at a Christian organisation. “We redeemed most of it at the neighbourhood hawker centre, provision shop and barber.”

So it seemed easy to use. But was it as easy for merchants to accept? Not quite.

The Problem

An AsiaOne report last year revealed that the scheme faced teething issues shortly after it was first launched to all Singaporean households in December 2021.

Some older hawkers were unfamiliar with accepting digital payments and tried to avoid accepting CDC vouchers. Others were short-handed and found it quicker to accept cash. Some hawkers shared that they were duped by consumers who used fake QR codes that did not result in any payment being made.

For voucher schemes like CDC, merchants must also sign separate contracts before joining a new phase of the campaign – even if they had participated in previous ones, notes the Monetary Authority of Singapore (MAS) in its Project Orchid White Paper released last November.

Project Orchid, launched by MAS in 2021, seeks to explore and experiment with the infrastructure needed to implement a digital Singdollar.

The voucher claiming process also requires all parties – such as the merchants, voucher issuer and bank – to ensure accurate cash flow. Any discrepancies could lead to a “long and costly dispute resolution process”, notes the MAS.

Nevertheless, interest among merchants has grown. The number of participating merchants increased from about 10,000 in 2021, to over 22,000 this year.

But is there a better way to administer such schemes?

The Possible Solution

Purpose-bound money (PBM) could potentially address these issues, says Ms Janet Young, managing director and head of Group Channels and Digitalisation at UOB.

PBM refers to a protocol that sets the conditions upon which an underlying tokenised digital currency can be used.

It controls how the money is spent by “wrapping” rules or conditions around it. These rules can limit spending to specific merchants or particular goods or services.

For example, the Government can use PBM to issue vouchers such as those by the CDCs, which can only be used at participating merchants, and cannot be used beyond the expiry date. If these conditions are met, the digital money is “unwrapped” and released instantly to the merchant during the transaction.

“PBMs, allocated for specific uses or goals, offer several benefits,” says Ms Young. “It promotes financial discipline, ensures funds are directed toward intended objectives, reduces the risk of misallocation, and addresses inefficiencies of the current voucher schemes.”

Intergovernmental blockchain expert Anndy Lian points out that PBMs can enhance payment security and transparency by ensuring that the underlying digital money is used only by the intended person, and for the specific reason spelt out in the PBM.

“PBMs can be used for anti-money laundering, counter-terrorism financing, or tax compliance purposes, where the underlying digital money is traceable and reportable,” Mr Lian explains.

To UOB, PBM is “an important element in the future of digital money as it enables money to be directed towards a specific purpose, without requiring the money itself to be programmed”, says Ms Young.

“As we uncover the potential of PBMs, we open doors to a future of digital money that can direct allocations, driving opportunities for innovation, value creation and efficiency.”

The Potential

MAS’ Project Orchid is exploring the use of PBMs, and various trials have been initiated with banks and the private sector on the applications of PBMs and a digital Singdollar. To support MAS’ efforts, UOB has run three pilot trials so far.

Last year, UOB partnered with SkillsFuture Singapore to explore how the disbursement of SkillsFuture credits for courses by overseas training providers could be enhanced, using a digital Singdollar issued by the bank. The pilot is expected to be completed by the end of the year.

At the Formula One festivities in September, UOB worked with Grab and fintech firm Fazz to launch the Singapore Pitstop Pack. Participants could use PBM-based commercial vouchers to make purchases. The vouchers can be used until the end of the year at over 200 participating merchants islandwide, and are available to locals and tourists.

Last month, at the Singapore Fintech Festival, UOB and OCBC ran a trial on the fungibility of a digital Singdollar and interbank settlement using a simulated wholesale CBDC. As part of the trial, participants could request PBM from one bank, and use it to claim a piece of merchandise from the other.

Ms Young says: “The successful completion of the last two pilots represents a significant stride in Singapore’s larger ambition to work towards a truly seamless financial ecosystem with domestic and cross-border applications.”

 

Source: https://www.straitstimes.com/business/what-you-should-know-about-how-tokenised-digital-money-helps-with-safer-transactions

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”.

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