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Global Cloud Native & Opensource Summit: What you need to know in 2022 & Beyond

Global Cloud Native & Opensource Summit: What you need to know in 2022 & Beyond

Cloud Data Architecture: What You Need to Know in 2022 and Beyond (Big Data Analytics) talks about cloud solutions, cloud analytics, decentralized storage, data democratization, and more.

Key takeaway pointers:

1) Cloud analytics is often associated with artificial intelligence (AI), machine learning (ML), and deep learning (DL). And it is commonly used in industry applications

2) Democratize advanced technology by allowing your employees to work efficiently within their current knowledge. With innovative technology, there is a learning curve that developers/technicians need to go through to make the most of that technology.

3) Decentralized storage works on a reasonably democratic concept where data storage is not concentrated in the hands of a few tech giants. Instead, it is a peer-to-peer cloud storage solution with ordinary users or miners managing the system. Users rent out free disk space on their drives and are incentivized with tokens in return for their contribution.

4) Cloud adoption is a strategy used by enterprises to improve the scalability of Internet-based database capabilities while reducing cost and risk. To achieve this, businesses engage in the practice of cloud computing or using remote servers hosted on the Internet to store, manage, and process critical data.

5) Distributed cloud will support expanded service availability. By 2023, the leading cloud service providers will have a distributed ATM-like presence to serve a subset of their services for low-latency application requirements. Many cloud service providers are already investing in ways to make their services available closer to the users that need to access them.

Moderator:
Athiratt Jarnyaharn, Director of Data at BukuWarung

Panelist:
Nikhil Singh Kushwaha, Senior Data Architect at OCBC Bank
Bernard Tan, Director, Internal Audit at ISACA Singapore Chapter
Anndy Lian, Chief Digital Advisor at Mongolian Productivity Organization

Global Cloud Native & Open Source Summit 2022 focuses on a full range of cloud-native & open source technologies and is committed to defining the standard of the next generation of software engineering.

 

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

Crypto Crash: Is it the end and what should retail investors do?

Crypto Crash: Is it the end and what should retail investors do?

The Crypto market is in tatters.  The global cryptocurrency market cap moved up to the $961 billion mark, rising about 3 per cent in the last 24 hours. Several big players in the cryptocurrency markets have had difficulties, and further declines could force other crypto investors to sell out.

Rajeev who is kind enough to host me and brought up the following topics.
a) How long this bear market or correction go?
b) How to save your crypto capital now
c) Who / which exchanges could be next to fall?
d) Should you buy the crypto dip?
e) Staking, stablecoins

00:00:00 Introduction
00:00:59 What lead to the bear market in Crypto.
00:02:16 The worst is not yet over for Crypto markets
00:04:38 What exchanges can fall next?
00:08:10 How should retail investors save their capital? Buy a cold wallet and withdraw from the exchange?
00:09:14 Could Binance be under threat?
00:10:26 Does the current bear market affect the long-term bullish thesis of Crypto?
00:12:55 How to use spare cash when crypto prices are low? What are possibly good coins?
00:20:35 View on Luna? Why did Luna fail and why Anndy was one of Luna’s skeptics?
00:23:33 Are stablecoins here to stay?
00:27:09 What should retail investors do in this scenario?
00:29:19 Should investors stake their coins now?
00:32:15 Investors should be careful of crypto influencers!
00:34:50 Thank you

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

What are the financial implications of bitcoin’s value dropping below $20,000

What are the financial implications of bitcoin’s value dropping below $20,000

Addition comments:

Bitcoin has been closely correlated to the movements of U.S. stock markets. If you noted the timing, U.S. stocks markets fell and futures are still struggling on Tuesday. This is accompanied by high inflation and lots of talks on the ground of a recession in U.S. very soon.

With the above narrative and statistics, it means that bitcoin will continue to dip. The market is also experiencing a domino effect with the bigger players going into a liquidation mode and with high possibilities of more big boys going down that same route as bitcoin continues to dip.

No one can predict the price of bitcoin. When the price of bitcoin goes below $20,000, this also means that if you buy now, you will be buying at a lower price than most institutions such as Microstrategy.

What are the financial implications of bitcoin’s value dropping below $20,000

On June 13, bitcoin’s value fell below $25,000 while on June 29, bitcoin ranged just below the $20,000 mark

On June 29, the value of bitcoin briefly dropped below the $20,000 mark. For a second time in the same month, investors witnessed a decline in bitcoin’s value when on June 13, bitcoin’s value fell below $25,000. As a result, investors were again left exposed to volatile market conditions. “The sudden dip in bitcoin should be held responsible for inflation around the globe. While the cryptocurrency market is based off of the global market, there haven’t been any notable events apart from general market variables which have pushed the prices down,” Sathvik Vishwanath, co-founder and CEO, Unocoin, a cryptocurrency exchange.

Industry experts opined that the Russia-Ukraine war and inflation hitting a fresh 40-year high are some of the reasons why bitcoin’s price is slumping in cryptocurrency markets. “The value of bitcoin is struggling to maintain the $20,000 level. While bitcoin was considered immune to fluctuations with regard to risk oriented assets, it is no longer the case. The overall cryptocurrency market is influenced by factors such as inflation, changes in stock market prices, and the Federal monetary policy,” Raj Kapoor, chief advisor, Acryptoverse, a cryptocurrency advisory firm, told FE Digital Currency.

As stated by Sharat Chandra, vice president of research and strategy, EarthID, a decentralised identity management platform, the quantitative tightening, which refers to the monetary policy applied by central banks to decrease money supply in economies, is having an effect on bitcoin’s value.

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