General blockchain landscape in Vietnam. Nicole Nguyen HCMC March 2018

Transcription

1 General blockchain landscape in Vietnam Nicole Nguyen HCMC March 2018

2 Outline Background How BC is shaping in the world Perspective Challenges vs. Opportunities Blockchain basic Concept, components, features Vietnam landscape Nascent Blockchain adoption in Vietnam Future Outlook What does the future hold?

3

4 Here is the Myth! By interface there is no major difference between a blockchainbased product vs. a mainstream product *except for exchange app

5 The Magic is taking place behind the curtain! Infographic slide Blockchain is a Peer-to-Peer database empowered by cryptography and decentralized network for unprecedented: Cryptography Shared Ledger Consensus mechanism Transparency Security Cost efficiency Network

6 Why is Blockchain an emerging technology? Global network with almost zero downtime P2P transaction and microincentivization Transparency & immutability Security & Privacy LEARN MORE LEARN MORE LEARN MORE LEARN MORE

7 20+ app categories and many more industries are about to be disrupted...

8 Blockchain adoption by number 69% 70 times 12 bil USD 66% BANKS IN THE WORLD MARKET VALUE INCREASE OPERATIONAL COST BANKS EXPERIMENTING BLOCKCHAIN are now experimenting with blockchain between can be saved by blockchain for banks will go for commercial products at mass scale in the next 4 years Sources: TechinAsia, PRnewswire, Reuters, IBM

9 Blockchain applications at a glance A leader-less crowdfunding platform worth of 160 million USD that facilitates autonomous voting and funding for startup projects based on smart contracts and blockchain. Provenance tracking & verification application for diamonds, combating fake & blood diamond. Extendable to luxury goods and artworks. A marketplace conducts fund-raising, settles solar equipment lease, and then manages the revenue collection and distribution between solar energy investor and consumer. Steemit is a social media platform where everyone gets paid for creating and curating content. It leverages a robust digital points system (Steem) for digital rewards.

10 Vietnam Blockchain Ecosystem Still the ecosystem is very nascent ~ 20 startups Mostly outsourcing for foreign markets Lack of key players such as educator, VC, incubator etc. Acknowledged as sub-domain of Fintech Regulatory framework underway

11 The #1 Vietnam Blockchain Report 30 80% #1 10% PARTICIPANTS STARTUP PARTICIPANTS BLOCKCHAIN REPORT STARTUPS active in Fintech and related businesses to BC including major tech players Incorporated for less than 2 years and funding up to 1 mil USD Interacting with all major ecosystem players from outside Vietnam

12 Key observations AWARENESS 54% have merely heard about the technology MOTIVATION 40% believe Solution to Trust and Cost Efficiency are biggest virtues of blockchain DISRUPTION 2/3 stress Finance as the area most prone to disruption PERSPECTIVE 50% forecast blockchain will thrive in the next 3 years (individually) 1 2

13 Biggest challenges to blockchain growth Catalysts to blockchain proliferation

14 Where is Blockchain most likely to thrive in Vietnam? FINTECH Inter-bank settlement, P2P lending, bond, remittance SMART TECH Blockchain x IoT as conduit to smart and secure connected Human - Device - Thing environment AGRI-TECH Micro payment, micro incentivization, commodities bidding

15 Our recommendations EDUCATION Blockchain education going mainstream REGULATION Industry and Regulatory Sandbox are imperative FUNDING/INCUBATION Trial with integration blockchain into existing incubator programs R&D Blockchain technical power is much more potential than financial reaps Platform provider or tool developers will thrive for long term in blockchain sphere

16 Global team 150+ blockchain developers RegTech Incubation Top 15 global Fintech startups* *SuperCharger Accelerator Program 2016 Speaker/honorary guest at major Blockchain conferences in Hongkong, Shanghai, Abu Dhabi Blockchain ecosystem leader in Vietnam Intermediary services

17 SPEAKER NICOLE NGUYEN Head of Corporate Marketing, Infinity Blockchain Labs Speaker at major Blockchain conferences Blockfin Asia Shanghai Blockchain Week World Bank/IFC: Blockchain transforms Global Supply Chain and Trade Finances Seamless Vietnam, Thailand and Asia World Bank - Blockchain and Supply Chain for a borderless world Organizer of #1 Vietnam Blockchain Hackathon Organizer of Vietnam Blockchain Week TEDx speaker, Author of #1 Vietnam Blockchain Landscape Report 1 7

18 Thank you for your attention!