Greater Bay Area Blockchain Week 2021: “Macro Trends for Blockchain in Asia”


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GBA Blockchain Week Virtual Summit invited blockchain experts to their panel on the second day of their conference to talk about "Macro Trends for Blockchain in Asia". The panel is moderated by Catherine Ross, Business Editor, Benzinga and with the following panellists: John Wang, Head of Eco Growth, Neo Global Development; Anndy Lian, Advisory Board Member, Hyundai DAC and Tony Tong, Chairman, Hong Kong Blockchain Association

"The trends are very obvious. Right now the hottest topics are NFT and DeFi. We do see new crypto plays like having the ability to borrow against your NFT collectables on DeFi platforms etc. I am also seeing promising growth in altcoin funds. I know a UK Digital Assets Management firm that is  providing Asian centric altcoin funds to their clients." Anndy Lian, Advisory Board Member, Hyundai DAC comments. 

Tony Tong, Chairman of Hong Kong Blockchain Association also added that crypto payments will get massive adaption. "I won’t be surprised within a couple of years in Hong Kong, we are going to be seeing 7-11 or other retail chains accepting crypto payments."

The panel later also touch on China’s DCEP project that has been fuelling a sense of urgency on CBDCs over the last two years. Now that GBA, and Hong Kong in particular, were chosen as a testing ground for deploying the digital yuan the world’s attention is focused on this key region. Speakers and high-profile experts from Asia, Europe, and the US will converge to GBA Blockchain Week 2021 to discuss major opportunities and prospects of DCEP.

In the other panels, key topics include regulation, including Hong Kong’s game-changing framework for virtual asset exchanges and virtual banks; fintech, with major tech solution providers working together closely with incumbent financial institutions and companies; tech talent and education, with Shenzhen rivalling the West with its «New Silicon Valley» innovation hub status; the role of key tech hubs; cutting-edge urban solutions for smart cities and smart state, and more.

This event has brought in many other blockchain leaders such as Justin Sun, Founder Tron; Mance Harmon, Co-founder, Hedera; Roger Ver, Founder of; Brian Behlendorf, Executive Director, Hyperledger; Alex Mashinsky, Founder & CEO, Celsius Network. 

Greater Bay Area Blockchain Week 2021 is the premier virtual event for an international audience passionate about technology, education, and business. A week-long event will convene thousands of online viewers to the brightest spot on today’s global financial map, and compliment GBA’s status of the world’s leading and most quickly developing business and technological cluster.

The event, including the core 2-day summit, will be Streamed Globally and in China from 30-31 March 2021.

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