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[ABC News] Anndy Lian Affirms that “Blockchain is the Future of Trust” at the World eSports & Blockchain Summit

[ABC News] Anndy Lian Affirms that “Blockchain is the Future of Trust” at the World eSports & Blockchain Summit

 

ABC News channel covers the news release about Anndy Lian Affirms that “Blockchain is the Future of Trust” at the World eSports & Blockchain Summit. Read more about this news below.

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Anndy Lian presented the opening panel speech titled “Blockchain Revolution 2030” at the World eSports & Blockchain Summit MARVELS Singapore 2019 held on 16 July 2019 at Marina Bay Sands.

Anndy Lian from Linfinity and Kim Taewon from Hycon shared their views on the future technology developments of blockchain and what will be the next thing to look out for in the various industries and markets.


Opening speech by Anndy Lian from Linfinity and Kim Taewon from Hycon

“I purposely make a point to rush back to Singapore from Japan for the event. I had a long flight and many meetings with the intergovernmental leaders at a United Nations Organisation. This is my first time speaking in Singapore. Glad to see many familiar faces in the audience. I am delighted to share my knowledge with my fellow Singaporeans, I have been away from my home country for a long while and at this event I have promised some of my comrades that I will spend more time in Singapore to further develop the local blockchain scene. I also want to thank Mr Park Bong-Kyu for the invitation and having me as his co-organizer. Sharing my Blockchain Revolution 2030 vision to His Excellency Ban Ki-Moon and everyone at the event is my honor. Let’s embrace blockchain as the future of trust,” Anndy Lian shared.

Anndy Lian, who is the Blockchain Advisor to Asian Productivity Organization, book author of “Blockchain Revolution 2030” and core member of Gyeongsangbuk-do Blockchain Special Committee, Government of the Republic of Korea mentioned to Blockcast.cc and other official media present that supply chain, gaming and medical will see more blockchain use case scenarios. When asked which are the companies in particular he felt its promising, he mentioned the more interesting ones are DiMuto.io – tracks durians using blockchain, Gaimin.io – incentive gaming system and MESG.com – a decentralized building platform for apps and workflows. The securities, franchise and pre-ipo companies are also very keen to adopt the blockchain technology, many felt that with the tokenomics structure and incentive model they could do a lot more for their industry and reaching global audiences.


Koby Isik, Dennis Verbaas, Anndy Lian and Masa Kim discussing about blockchain during tea break

At this summit, His Excellency Mr Ban Ki-Moon The 8th Secretary-General of the United Nations and Dennis Verbaas, Chairman of Verbaas Capital Malaysia and Royal family Johor Bahru gave their keynote speeches respectively.

“As the Chairman for Korea CEO Summit and Korea eSports Industry Association, I am delighted to see many of my friends attending this inaugural event in Singapore. Some of them came from Korea, Russia, London just to meet us and discuss new business propositions for the blockchain market. I am impressed by their knowledge and commitment. Lastly, I have to thank His Excellency, Mr Ban Ki-Moon for his time to grace the event and sharing his global experience with all of us. We will meet again in the next MARVELS event!” said Mr Park Bong-Kyu at the Blockcast.cc interview.


Keynote speech by Mr Ban Ki-Moon

Bong Se-Jong Chairman of Korea Chamber of Commerce in Singapore, DATO’ Kwon Byung-Ha Chairman of Henikwon Group in Malaysia, Kwon Young-Keol Principal of Gyewon University, Kim Young-Chul Chairman of VINE Group, Lee Sung-Lim Honorary Chairman of the Korean Federation of Art and Culture Organizations, Kim Min-Kyung CEO of Alice & Trunk Hotel and Choi Jin-Young, Chairman of BiTbank and Former Mayor of Namwon City were also present.

This event is hosted by Korea CEO Summit and Korea eSports Industry Association, supported by Korea Blockchain Startup Association, Korea Blockchain Academy, Korean Chamber of Commerce in Singapore. Blockcast.cc is the official media partner for the summit.

Media Contact
Company Name: Blockcast.cc
Contact Person: Joann Park
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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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Blockchain Cannot be Developed behind Closed Doors “To change the real world, blockchain companies need to step out of blockchain world.”

Blockchain Cannot be Developed behind Closed Doors “To change the real world, blockchain companies need to step out of blockchain world.”

The blockchain industry does not lack hype, for sure. New blockchain companies seem to spruce up every single day. Initial Coin Offerings (ICOs) raised more money in the first three months of 2018 than the whole of 2017, according to data collected by CoinDesk.

Source from: https://www.coindesk.com/6-3-billion-2018-ico-funding-already-outpaced-2017/

However, blockchain is still a distance away from mass adoption. The technology remains in a nascent stageand has not impacted people around the world yet, which has led many to question whether the world can really be transformed by blockchain.

Linfinity CEO Anndy Lian believes that in order to speed up the tapping of blockchain’s potential, blockchain companies need to proactively try to merge their technologies with traditional businesses and industries, especially those that are less digitalised at the moment.

He said, “The appearance of blockchain provided traditional industries with unlimited heights of imagination. However, there are many problems that blockchain needs to overcome first.

“It cannot work behind closed doors, as its first-priority role should be a technological service that is integrated with traditional industries. In this process, blockchain technology can continually be upgraded.”

A wider audience Integrating blockchain with traditional businesses and industries will, most importantly, let it reach a wider audience.

The value of the blockchain market is estimated to be USD 550 million this year. While the size of the industry is rapidly increasing, it is hardly comparable to already established industries.

For example, Linfinity aims to provide blockchain-based solutions for the supply chain to make the supply chain industry more transparent and secure. The global supply chain management market size is worth around USD 14 billion now, making it 25 times as large as the entire blockchain market.

Hence, when Linfinity integrates blockchain into supply chain management, it opens up blockchain to a whole new paradigm of possibilities and business use-cases. By combining blockchain effectively with pre-existing technologies to help traditional businesses, it brings blockchain directly to the masses, rather than having blockchain stay within specific circles.

The blockchain process of transacting and storing information on a decentralised, distributed ledger yields many benefits for enterprise application data. That makes supply chain management a good use case — a consortium of stakeholders in a supply chain can own, operate and enforce rules for their own shared blockchain.

Combine with other technologies

Blockchain itself should be used sparingly, where it is needed. The ample cryptography which blockchains employ also make them slow. That provides another reason to reconsider off-chain processing and storage alternatives.

In order to maximise its effectiveness and applicability to enterprise scenarios, it needs to be used together with other pre-existing great technologies.

Lian said, “Making blockchain more widespread requires a process. Simply relying on the technology itself is unproductive.”

“Linfinity combines blockchain with Artificial Intelligence and the Internet of Things (IoT). We also focus on the demands of businesses and consumers, so we can speed up the commercialisation of blockchain.”

Besides, having data from the supply chain recorded onto blockchain, Linfinity plans to use other technologies, such as Artificial Intelligence, to conduct real time analysis and to magnify the value of supply chain data.

It will then be able to provide innovative value-add services such as smart energy monitoring, smart sales monitoring, and predictive maintenance.

For blockchain world to expand its reach to the wider world, blockchain companies need to proactively step out. Having access to wider markets and amplifying blockchain’s effectiveness aside, that is the only way blockchain can truly enhance the world.

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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Linfinity, the World’s First Distributed Supply Chain Platform, Disrupts the Supply Chain Industry Through a Transparent and Traceable System

PR NEWSWIRE ASIA  Jun 01, 2018

Six MOU Signings with Industry Partners to Explore Blockchain Collaboratively

SINGAPORE, June 1, 2018 /PRNewswire/ — Founded in Singapore, Linfinity is the world’s first distributed supply chain platform based on blockchain, Internet of Things and Big Data technology, that is commercialising FMCG products. It aims to transform the supply chain industry by building a trusted and traceable anti-counterfeiting supply chain through blockchain technology.

Today’s global supply chains are slow, inefficient, and susceptible to fraud and negligence. This, in combination with consumers’ increasing demand for greater levels of transparency regarding product origins, is exactly what Linfinity plans to address in its blockchain system for supply chains. With reliable data, transparent information and interconnected networks, Linfinity enables traceability of supply chains from source to end consumer.

The application of blockchain technology in the supply chain industry enables the following advantages within the ecosystem:

  • Enhanced transparency — A product’s journey can be documented across the supply chain from origin to destination, increasing trust between players in the ecosystem.
  • Scalability — Any number of users can participate in the supply chain and engage in the transfer of information.
  • Better security — A ledger, such as the blockchain, would self-regulate the system improving on previous internal audit inefficiencies.
  • Engaged stakeholders — Using an incentive model (using tokens, cryptocurrency and a system of smart contracts that automates payments), it allows automation of payments and quick transactions. This creates an active ecosystem that benefits all parties involved.
  • Increased innovation — Once a blockchain system is in place, smart contracts can be used to increase efficiency and integrate with the rest of the system.

Mr Anndy Lian, CEO of Linfinity Singapore, said, “As the demand for transparency increases for products, the application of blockchain to this system will not only improve supply chain efficiency, but allow reliable collection of data. Throughout the various points in the supply chain, the data will be handled in a secure, digitised and verifiable manner. This will allow consumers to access accurate and trustworthy information about the product that previously was unavailable to them, as well as ensure that the product is authentic.”

Linfinity Introduces Blockchain Technology to Various Supply Chain Industries

Moving ahead to raise greater awareness in the blockchain space, Linfinity has several upcoming collaborations across various industries, which also includes conducting a blockchain roundtable to facilitate open discussion around blockchain.

Linfinity has signed Memorandum of Understandings (MOUs) with six companies — Crossinvest, RHTLaw Taylor Wessing LLP, RHT Holdings, RONGDE Logistics, Scientific Tradition, and WealthBriefingAsia on 31 May, Thursday. These MOU signings will mark the start of strategic collaborations between industry partners and Linfinity to explore blockchain together.

Under the terms of the memorandum with Scientific Tradition and RONGDE Logistics, Linfinity will introduce its blockchain system to their supply chains in order to increase effectiveness and efficiency. The introduction of Linfinity’s blockchain system to Scientific Tradition’s supply chain will protect their research from fraud and negligence and provide a transparent overview of product origins to their consumers.

The MOU signings with Crossinvest and WealthBriefingAsia signal the agreement between partners to contribute knowledge and expertise in their respective fields to facilitate the blockchain ecosystem at different points of the supply chain. Linfinity’s partnership with RHTLaw Taylor Wessing LLP and RHT Holdings will entail pilot trials implementing blockchain technology for future projects involving the clients of RHT across multiple industries in Singapore and the region.

Mr Tan Chong Huat, Managing Partner of RHTLaw Taylor Wessing LLP, said, “Linfinity’s partnership with RHTLaw Taylor Wessing and RHT Holdings creates exciting opportunities to collaborate and value add to this ecosystem. We look forward to commencing these pilot trials for our future projects, as well as to support and further the work that Linfinity is doing within the supply chain industry. With the transparency and accountability afforded by blockchain technology, we believe this can be a gamechanger, and with further potential for this technology across various sectors, it is something we are excited to be a part of.”

In line with Linfinity’s partnership with WealthBriefingAsia, Linfinity is proud to announce that it is the official blockchain partner for this year’s WealthBriefingAsia Awards. Held on 31 May, Friday, at the Westin Singapore, the WealthBriefingAsia Awards is a prestigious event showcasing the best and brightest of the private banking and wealth management space. As part of this partnership, Linfinity was involved in the presentation of awards to the winners during the event. This is the first year that WealthBriefingAsia and Linfinity will be working together.

Additionally, Linfinity will be holding a series of roundtable discussions across the region. The first roundtable discussion will be held on 1 June, Friday in Singapore to offer a “how-to” approach to deploying blockchain technologies across industries like logistics, finance, retail, and many more. Through these roundtable discussions, Linfinity aims to forge strategic partnerships and introduce its blockchain system into supply chains across various industries.

About Linfinity

Linfinity is committed to building a reliable and traceable anti-counterfeiting supply chain underlying blockchain technology. Linfinity establishes such a platform with reliable data, transparent information, efficient cooperation and interconnected network to cope with the practical business pain points and development demand of corporate users.

About Crossinvest

Crossinvest is a multi-generational family-owned group that exemplifies the finest Swiss Private banking traditions. The independent external private wealth management company offers bespoke and exclusive discretionary management, financial advisory and family office services to its family of clients.

About RHTLaw Taylor Wessing LLP

RHTLaw Taylor Wessing LLP prides itself as a law firm that delivers international capabilities, locally. As a firm based in Singapore, RHTLaw Taylor Wessing LLP offers clients access to a network of more than 3,300 legal professionals across 69 offices in Asia, the Middle East and Europe and the United States via its membership with the Taylor Wessing network and ASEAN Plus Group (APG).

For more information, please go to http://www.rhtlawtaylorwessing.com/

About RHT Holdings

RHT Holdings is the Leading Professional Services Group in Asia. The Firm consists of six subsidiaries namely, RHT Capital, RHT Communications & Investor Relations, RHT Compliance Solutions, RHT Corporate Advisory, RHT i-Assets Advisory and RHT Management Services. RHT Holdings is part of a highly networked, multi-disciplinary group of companies.

For more information, please go to https://www.rhtholdings.com/

About RONGDE Logistics

RONGDE Logistics is a logistics support company that strives to take logistics to the next level. The company provides access to 40 prime movers with GPS tracking, 400 container chassis, emergency recovery trucks, SCDF approved vehicles and more.

About Scientific Tradition

Scientific Tradition was founded by Jannie Chan, who spent millions of dollars on Lingzhi research and even has a Lingzhi named after herself. Ms Chan is also the co-founder of The Hour Glass and was the longest serving president at the Retail Association Singapore.

About WealthBriefingAsia

WealthBriefingAsia has over 20 years’ experience of providing information to the international financial services sector. It is the Asia-focussed daily news and analysis service of the WealthBriefing Network.

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