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” and currently the Advisory Board Member of Hyundai DAC Technology. Anndy is part of the Gyeongsangbuk-do Blockchain Special Committee, Government of Republic Korea, together with industry experts such as Brock Pierce. He 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.

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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Anndy Lian Spoke at Economics Summit 2020, Future of Banking & Capital Markets: “CBDCs complement and not replace cash. Cryptocurrency recreates the future of finance.”

Anndy Lian Spoke at Economics Summit 2020, Future of Banking & Capital Markets: “CBDCs complement and not replace cash. Cryptocurrency recreates the future of finance.”

 

COVID19 has brought uncertainty to every sector. The financial industry has not been spared. There are vital concerns that are emerging for the Banking & Capital Markets. Economics Summit 2020, held on 2 November 2020, gathered a panel of industry experts to discuss current challenges and share future insights on the topic. Anndy Lian, one of the panelists, shared insights on Central Bank Digital Currencies (CBDC) and its form in the future.

The panel consists of Kent Choi (Team Leader, Credit Suisse), Yvonne Zhang (Director, Risk Advisory, Deloitte), Andrew Colquhoun (Executive Director, Monetary Authority of Singapore), and Anndy Lian (Advisory Board Member, Hyundai DAC) and moderated by Pau Khua Mung.

The topic of Central Bank Digital Currencies (CBDC) came up during the discussion. CBDC is known as a new type of currency that governments around the world are experimenting with. It is issued and controlled by the central bank is managed on a digital ledger or blockchain, the same technology that underpins cryptocurrencies such as bitcoin. CBDC also aims to expedite and increase the security of payments between banks, institutions, and individuals.

Andrew Colquhoun, MAS, mentioned that: “Digital currencies are a key area for MAS and central banks globally. Consensus views across different institutions show no immediate urgent use case for CBDC in this region. Many central banks are adopting a wait and see approach and still on a consultation basis.”

Further accelerating central banks’ considerations for the issuance of CBDC, Anndy Lian, Hyundai DAC added: “CBDCs are very early-stage and I believe CBDC is here to stay. CBDC is a form of digital fiat powered by blockchain for many, is traceable and accountable. It works 24/7, nonstop around the clock.” He also went on to clarify that CBDC is not a cryptocurrency. “We must be clear on this and not lumped this (CBDC) into the bucket of cryptocurrencies. There are also crypto companies looking at adding cryptocurrencies on top of CBDC and acting as a bridge. But this is a different concept.”

Digital currencies are still early. It is essential to understand the pros and cons behind it. Digitalization has prompted both regulators and the public to demand increased privacy. Same for CBDCs. Many technologists believe that the right design structure for CBDCs will ensure privacy. “There are many misconceptions on the technology and concept. It will take time to design a suitable model. In my opinion, CBDCs complement and not replace cash. Cryptocurrency recreates the future of finance.” Anndy sums up.

Economics Summit 2020 is an annual event organized by SIM Economics Society (SIMES). SIMES is a student-led society at the Singapore Institute of Management (SIM) committed to learning and researching global economic challenges.

Kevin Kristano, VP in Marcomm, SIMES thanked all the speakers and his colleagues for making this event possible and told the reporter: “Covid-19 has accelerated a vast array of technology adoption and digital transformation in several industries, like banking and finance. I believe that this change is imminent, regardless of the pandemic. I look forward to how this technological shift would affect the global economy.”

The two days summit ended on 2 November 2020. To view the video recording for this panel, go to https://youtu.be/hwgfXNUuwsw.

 

Media Contacts:

Name: Jenny Zheng

Title: Editor

Email: [email protected]

Website: www.blockcast.cc

 

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” and currently the Advisory Board Member of Hyundai DAC Technology. Anndy is part of the Gyeongsangbuk-do Blockchain Special Committee, Government of Republic Korea, together with industry experts such as Brock Pierce. He 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.

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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Crypto Markets News: Is Kyber’s Volume the Reason It Climbed 33% in 24 Hours?

Crypto Markets News: Is Kyber’s Volume the Reason It Climbed 33% in 24 Hours?

Thanks for the mention- Crypto Markets News.


Why Did Kyber Rally When Most Other Cryptocurrencies are in the Red?

Most cryptocurrencies are in the red today and are reporting minor losses. The majority have lost minor amounts which is on average less than 1%. This includes Bitcoin (BTC) which lost 0.46%, Ethereum (ETH) which took a larger hit at 0.94% and XRP which slid by 0.38%.

There were a few that managed to make some gains, such as Bitcoin Cash (BCH) which gained 1.10%. Others include Bitcoin SV (BSV) which grew by 6%, but today’s biggest surprise was Kyber (KNC). The Kyber Network rallied by 32% in the past 24 hours and is currently trading at $0.780758. This is the highest price Kyber has seen since mid-2018.

Kyber is part of Ethereum’s DeFi ecosystem and is a DEX of sorts that allows easy token ERC-20 swaps.

Kyber’s Volume Causing Rally?

Earlier today Kyber released a few tweets that might have strengthened the rally we’ve seen today. The timing of the first tweet is marked approximately by the red X and referred to Kyber’s volume as a DEX. It was originally tweeted by blockchain advisor Anndy Lian and was immediately retweeted by the Kyber Network.

Anndy Lian@anndylian

Amazed by the volume #DEX are doing in the last 29 days:@KyberNetwork at $138m@uniswapexchange at $132m@oasisdex close to $100m https://twitter.com/DexWars/status/1233729927603724293 …

DEX 24 Hour Volume Bot@DexWars

#Ethereum #DEX Volumes February 2020

1) @KyberNetwork – $138,191,045
2) @UniswapExchange – $132,370,243
3) @OasisDex – $99,743,278
4) @tokenlon (0x) – $32,741,114
5) @idexio – $22,311,156
6) @Bancor – $7,661,174
7) @airswap – $7,537,603

*will cover 0x API & RR March onwards

A few hours later Kyber tweeted regarding their pretty large volume. They tweeted that Kyber has facilitated $138 million in value in on-chain trades in February. This is Kyber’s all-time-high of activity and could be one of the reasons for its rally. Another possible reason is anticipation for Kyber’s Katalist upgrade which is due to release in 2020 and which contains many improvements to the network.

Kyber’s rise seems to be a sign that while Bitcoin seems a bit stuck in its tracks for now, Altseason seems to still be going strong.

by Jonathan Ganor

 

Source:

https://www.crypto-markets.news/news/kyber-climbs-33/449

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” and currently the Advisory Board Member of Hyundai DAC Technology. Anndy is part of the Gyeongsangbuk-do Blockchain Special Committee, Government of Republic Korea, together with industry experts such as Brock Pierce. He 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.

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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Blockcast.cc Roundtable Discussion in South Korea: Connecting Global Gaming Markets

Blockcast.cc Roundtable Discussion in South Korea: Connecting Global Gaming Markets

Blockcast.cc organized a further roundtable meetup focused around the gaming industry in South Korea on 21 January 2020. This particular roundtable was held with the intention of further developing the gaming market and bridging the gap between gamers in Europe and gamers in Asia.

Blockcast.cc (www.blockcast.cc) led by Jenny Zheng, is a Singapore based blockchain media company with special interest in the gaming market. Blockcast.cc have successfully strategized blockchain gaming companies that are in sectors such as online casino, horse racing, esports and more. This time in Korea, they wanted to explore new partnerships and realize more gaming companies working together.

(From left to right- Anndy Lian, Peter Lee, Clive Aroskin, Jenny Zheng)

During the roundtable meeting, Gaimin.io and Nix Mobba successfully agreed to explore working together.

Nix Mobba (www.nixblock.com) is an international company that focuses on gaming related services like payment processes and digital assets. Their CEO James Kim, a serial entrepreneur, most recently invested into fashion as well. James and his team are very active in the esports arena with their own professional sports team and clothing brand and also organize regional esports events. Nix Mobba are registered in both South Korea and Singapore.

Gaimin.io (www.gaimin.io), a UK company based out of Manchester, is a blockchain powered gaming platform that allows passive monetization of gamer’s GPUs when not being used for gaming. Gamers are rewarded with the Gaimin.io native GMRX crypto token which can be used as a payment method directly on the Gaimin.io platform’s marketplace allowing gamers to enjoy an improved gaming experience. Clive Aroskin, COO of Gaimin.io had specially travelled over from meetings in Switzerland, to be present.

Nixpay is one of Nix Mobba’s product lines that allow gamers to convert digital assets into Korea’s currency, the won, and vice versa. Both James and Clive met each other for the first time and both of them liked the idea of connecting gamers from both markets together.

(From left to right- James Kim, Park Bong Kyu, Anndy Lian, Clive Aroskin, Jenny Zheng)

“Nix has access to the Korean and Chinese markets. Our technology is mature and has proven commercials. It will be good if we can capture the European market through Gaimin.io. We have connected our technology departments together this afternoon and this starts our intention to collaborate.” James remarked.

“A big thank you for the roundtable table organized by Blockcast.cc. We had really good discussions on how to work together with Nix Mobba. We have also managed to meet many other friends in Korea who are gaming centric and fully understand the vision of how our platform will change the gaming market. My team were delighted to hear this news and are already working hard to create a formal MOU with James.” Clive said. “Our third IEO with Biconomy gives us even more confidence and a wider reach of target audiences. This latest IEO work gave us the opportunity to return to Korea and meet partners like Nix to further our journey.”

“I flew in specially for this roundtable event and it was worth the effort. I have met numerous gamers over this series organized by Blockcast.cc and many of them want to see what blockchain can do for the gaming industry. I also managed to get a glimpse of the Gaimin.io mining plugin on Clive’s laptop and it looks great! Now, we are looking forward to the public download for the mining plugin.” Anndy Lian, Member of Gyeongsangbuk-do Blockchain Special Committee, Government of the Republic of Korea commented.

The roundtable series is part of the Blockcast.cc roadmap to reach out to blockchain companies. Blockcast.cc also aims to interview 150 blockchain professionals and organize their flagship event “Redecentralise” in 2020. For more information about Blockcast.cc, visit www.blockcast.cc/interviews.

Media Contact

Company: Blockcast.cc
Media Contact: Jenny Zheng
Title: Editor
Contact Number: +65 9883 2707
Country: South Korea

Original Source: https://blockcast.cc/press-releases/blockcast-cc-roundtable-discussion-in-south-korea-connecting-global-gaming-markets/

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” and currently the Advisory Board Member of Hyundai DAC Technology. Anndy is part of the Gyeongsangbuk-do Blockchain Special Committee, Government of Republic Korea, together with industry experts such as Brock Pierce. He 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.

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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