Since its introduction more than a decade ago, blockchain has been making a transformative impact across a range of business sectors, including banking, healthcare, education, and the public sector.
At a webinar on 23 June, Cheney Cheng and Nick Wong, Managing Partners at Altive, introduced the concept underpinning blockchain and how such a technology could revolutionise the future of business. In particular, they cast light on the future trends of blockchain in such areas as regulation and institutional adoption, decentralized finance, and digital payment.
Speakers also touched on the business opportunities associated with Web3.0, Non-fungible Tokens (NFTs) and Decentralized Autonomous Organization (DAOs).
Artificial intelligence powered digital wealth management platforms, also known as robo-advisors, have made major in-roads in the Asia-Pacific region in recent years. In the US alone, these robo-advisors are managing over 1 trillion USD assets.
At a webinar on 28 March, a panel of industry experts - Kelvin Lei, CEO & Co-founder of AQUMON; Gregory Van, CEO of Endowus; Stephanie Leung, Head of StashAway HK & Group Deputy CIO; and Dhruv Arora, CEO & Founder of Syfe – discussed the key features of robo-advisory platforms, the opportunities and challenges associated with such innovative means for managing finances, as well as their impact on the delivery of financial services in the APAC. They also delved into such issues as the trends for adoption of robo-advisors in Hong Kong and Singapore and how the pandemic and the integration of ESG goals into business strategies factors into their development.
Jack Lau and Derek Collins – respectively the advisor at Articoin and Dean of Arts at the University of Hong Kong – spoke at a webinar at 16 March where they discussed the concept behind NFTs (non-fungible tokens) and the latest trends with these digital artworks -- and other representations of assets – that are commonly built upon blockchain technology.
In particular, the speakers touched on how NFT-based digital art can help promote social causes and help businesses meet sustainable goals through the use of smart contracts. They also discussed the prospects of a new market for trading NFTs underpinned by features such as carbon credit purchases.
Ms Zaf Chow, Director of Digital Strategy and Partnerships at Animoca Brands, shared with the audience a glimpse of the increasingly popular metaverse and how it can facilitate the trading of true digital ownership by applying blockchain technology. She also introduced new concepts such as Play-to-Earn (P2E) and Non-Fungible Tokens (NFTs) to the audience and explained how they could revolutionise the way businesses operate and engage with users.