Anndy Lian Shares Insights on Blockchain Technology Adoption for Government
This week, Anndy Lian, an intergovernmental blockchain advisor and book author of Blockchain Revolution 2030 met up with Jan and Nic from Bitcoinlive to share industry updates. Anndy touched on topics on how receptive are governments when it comes to blockchain adoption.
How acceptable are governments with blockchain technology and cryptocurrency?
How will blockchain value add to some of the governmental initiatives?
We are doing better than the traditional markets right now. What should be the mindset of crypto companies in the next few months?
Huge number of Bitcoins bought by institutions, what are the possible outcomes? - How regulations can keep the industry safe?
You can watch the video at this Youtube link:
Or read the transcript here (Transcription is not edited, exported from Youtube transcribe option):
Anndy Morning all good
bright and sunny outside yes you can see
oh wow yeah it's good to see you it's
been a while yeah good to see you in
real life you know how's things going
yeah yeah we have been through a lot lot
of development on the outside a lot of
nice interviews nice people joining us
from Twitter
we had gokon crypto on the show and
crypto finally yeah two big influencers
and they know a lot about crypto and
blockchain as well from the states and a
lot of new guests are lining up yeah so
that's really cool
but it's good to see you yeah so how are
things at your end and any new
developments you're working on not not
really not really but yeah in about a
month time or so you know I have to look
at some some other activities with the
government because my mind my beauty
with them is that going to beat you soon
so I'm also thinking of what else do you
do you know the for me from from a
governance perspective and also at the
same time we we also get other things so
so they're new commands a female that's
really exciting Anndy I see you you're
enthusiastic about something but you
cannot tell us yet so we'll wait and
we'll wait and see
yeah really I'm getting excited if I see
that look in someone's eyes then yeah
we'll keep watching and learning so let
me know like you need anything in terms
of you know if you look at the crypto
finally and and and the ladies and so
forth you know most of them they are
speaking from the same time zone yeah
and so I I was also finding the idea of
having multiple speakers here on
different times
from different countries permanently as
a as a segment yeah so so that we could
all interact and share some of the
latest updates you know from from the
crypto scene or from the critical
business scenes and so forth so that it
would be something then be good we could
have a own version of DOS at any of them
yeah yeah great that would be really
nice can Paul
yes yeah yeah well you know tell them
about this idea I think it's a really
great idea because you also had the
blink list you on Twitter and yeah and I
personally think we spoke to a lot of
people last time we had at one or slap
in the show as well and that guy had so
much knowledge about how do you say it
again validating a crypto wallet he
explained to us he's a programmer as
well that we have a lot of trust in in
wallet and he says crypto is very safe
but the wallets aren't a lot of wallets
aren't and I well I was scared a little
bit but he explained it in a really nice
way and he is trying to validate as much
as many wallets as possible to help the
crypto community be safe and he knows a
lot about blockchain as well so that's a
really nice to get to talk to more and
more people who have their expertise in
in different parts of crypto and
blockchain so I think your ID would be
really great to try out yeah just
combine different perspectives and on
the crypto world some technical some
just use case and some yeah so you can
combine all those knowledge oh yeah
although no mature wisdom because I'm
because I'm on a very practical side of
things he's he or she is right that most
of the wallets are not not compliant and
I'm not safe in many methods but then
the next thing would be which one will
be the good wallet yeah so based on what
I see there are a couple of good ones
but many many bad ones wrong so yeah so
then there will be a separate that would
be a separate channel yes yeah I also
almost thought about making our own
Bitcoin live wallet my spy him but then
I was getting a little bit scared if
people put a lot and a lot of money in
their wallet and it will go wrong then I
will be accountable yeah this is best
legality issues when you do that so yeah
I will not ever ething is decentralized
okay right no we just keep this off yeah
we're now live in the show you are live
in the stream there Anndy so that's
important to know
yeah you do you jumped into the last
year so yeah this is life ya know we can
talk about wallets and so far one on
another on another day you know some
Chinese experts in our shared someone so
yeah I would yeah when it comes wallets
yeah you know so let's let's do that man
let's do that okay what are we going to
talk about the daemon yeah we want to
talk about governments yeah so because
you you've done a lot of work also I
think with European governments but of
course a lot of work in Asia and we know
some of the European developments but we
have we have no clear view of what's
happening in Asia if you can tell us
something about it but also your work on
in Europe is I think very interesting
because you're working behind yeah
behind the screens yeah we aren't I
seeing no okay
so maybe maybe some of some of the
things about government is neck
a lot of things are behind the scene
right now most of the most of the work
that is being done very much on on a
partially trial schemes we are the one
who have very very certain technology in
place before they roll it out on a
national level
yeah so so start up the government that
I'm involved with I'm not going to name
them because they are Sun sensitivity
behind this all right but but I can
share if you do a few things that are
already in the pipeline yeah some of
them are really working on a digital
identity how the identification is going
to work you know when it comes to the
the data and the sensitivities and and
so forth so I know government are really
working up at that yeah some government
like Singapore they have rolled out
things like um satisfying certificates
you know the applications beyond
diplomas right education so that that is
a really being done by some of the
government I know one of them is
Singapore and is the open project open
source so that that day something is
done the identity one is a bit yeah this
would be a sensitive super go I know I
do not want to name Budhia
now on soil but apart from apart from
all these things you know they are also
looking at several things one is how we
could really create a kind of trust
between the citizens and also between
the government setups or the government
organisations yeah we are also looking
at how blockchain can help to create the
kind of trust there between between the
two bodies so it's just again in a very
generic sharing session here
so I also I would betray the trust sorry
so you you said they want to establish
trust between the user and the public
and the government so so yes yeah how
what's their few on how to reach that
goal how do they one do you you have to
see the whole situation based on
different countries you know some some
countries they have already gotten a
very good digitized platform that
provides feedback that provides voting
that provides a two-way communication
between a citizen and the government you
know some some of them have really done
that so for those who have done that
based on what I understand many of them
felt that you know it's not necessary to
look at blockchain because they have to
I really have a system that is good and
running yeah
if no one to spend too much time on
something that is new and potentially
put them in yeah the worst off stage you
know so so that is that is you know part
one of it part two of it where
government are a little bit more
backwards they are willing to change the
system which you have not that great
system they are all very happy to look
at how blockchain strong film in humans
as a truss yeah we you you just take
that base for them have been we are very
two sided right now you know on
technology adoption so they want
something I state and I was just is also
sharing another another part of the
government would like to actively push
the word innovation into the system and
a day of often spec blockchain of
cryptocurrency as a form of innovation
that they they one will look at so so I
think for for government we are yeah
open yeah they are not very open to
everything because the he would you
would be
Reese you know what if something goes
wrong when you implement something like
this so yes - we might open India in a
very much safe zone right now a learning
stage yeah but they're catching up very
fast because um I think we said yeah I
put up a tweet post you know on Twitter
saying that you don't more more sound
professional you know should be taking
up roles within the government sector
you know within a business sector you
know or even within a crypto company yes
um III do see that if we can get in more
people who are like-minded a very sound
in your thinking yeah the duction within
the government sector would be a lot
faster
because right now a lot of the scholars
or the the higher position guys they do
not understand the technology to n you
know because they are not they are not
business people you know they tend to
pick on a very safe route yeah you know
you have two more companies would ever
be F them some or the interpreter kind
of mind to grass you're right right
alright so they have some problems you
know trying to set up you know whether
they are going for option a option B
yeah yeah is an option C so so things
are very very dragon you know whether or
not they wanted to wait on me people not
want me to it yeah yeah and it's also a
big change of course if you go to like a
digital
crustless or maybe or a digital dollar
it's like a huge but but also Nick you
you touch the subject lightly I just
downloaded the app of cific its kind of
privacy it's it's your identity a
digital identity and you have to put a
lot of your data in it so it's a bit
tricky I don't know I I sent
decentralized it is but it will be
probably used to give your access to
certain health care health care or
[Music]
for traveling so you can use it for both
sides for good things to be safe and to
that that you can own your own data so
you each time you have to give some data
you will get asked - if it's ok to share
it yeah this is what did you buy it
works on
yeah actually rotate and icon is doing
that the same thing I think in in Asia
and there's a few more big platforms or
really good well develop platforms who
are trying to do this but you also
always have the part that that you can
also use the privacy in a different kind
of way so that's a little bit tricky you
have to trust the other end of the part
of the party that's working on it yeah
yeah do you think without saying any
countries or names of countries do you
think that will be a very will be coming
soon in a lot of countries that you have
to have an app like that or in a way of
governance through through a through an
app decentralized app well see seen
since Israel I recorded you know I do
not want to mention our country but we
will see a very strong pilot trow the
Left will be announced in the public in
the next six to eight months
yep four four four four what for that
for that for that part of all of things
yeah but I also do see that blockchain
companies actively trying to reach out
to government there are unrelated
companies or organization to salya a
solution and under and out of which a
huge proportion of it goes into the the
identity each time that he kind of a
business
and that that is actually a very bad big
step back you know for Gotham yeah if
you look at it if you look at some of
the proposes that I have seen or some
that were being recirculated to us you
will realize that it creates a very bad
stigma for us you know from from the
blockchain industry because most of
these solutions are not really so as
more of these companies go into
government can deal with that kind of
you know maybe half-tons illusion yes
it's going to keep us a very bad thing
so I I've seen you know I've seen people
who are trying to solve the KYC yeah
yeah or trying to solve some banking
related issues you know on blockchain
Oslo probably identify the data how they
capture the data from the screen and
then how they make those daytime to
certificate to identify that hey you you
are to are Nicolas let's go for pizza
yeah but but those data has a lot of
undo poets well yeah you know though so
in my opinion is done for companies who
are really serious about your business
and we may or may not know that they are
not ready here this should really you
know sherry in the public and then see
some expert opinion on some of the
things that they are trying to put forth
because as a as a government guide as
well you know we look at things that are
credible you know wow we just imagine
you know you just imagine open up to a
tender for for blockchain related
projects pertaining to each identity
yeah five tender that that you get or
some of the five proposes that you get
for them are not ready you know and then
one of them they seem to be ready but
you know the government guys would have
real of us you know a lot of skeptical
thoughts you know they are unknown
the projects right so they might think I
very man you know all these the
blockchain guys are not doing the job
properly and get solutions are not that
great you know why don't you go back to
the same ol same ol bender you know that
there's in our country that is doing
well reading in the market or they
already doing facial recognition and
blah blah blah and so so III have this
more personal guy I don't think that
this should put up projects that are not
really and then push it to the
government because then will then go
back to the mix go go to the next topic
about regulations and Katya if we have
the kind of impression of perception
that you know oh this is busy sir this
is abortion industry you know then then
then what would be the governance or the
regulations as going to come up from
from from from all these regulators they
would think that you know seems you know
we are not ready you know maybe the
cryptocurrency part is also not really
you know not ready for mainstream so for
vessel and give you a lot of obstacle
you know for companies to go into this
go into the adoption mode and then we'll
also deter and and put us do a backward
position yeah so those so so again you
know we have to emphasize on things that
are credible yeah things that are new
over so then so that from a government
perspective they look at us from a very
different mindset you have a platform
you know those guys are you know we're
here no but they may not be able to do
the work yeah so I think this should be
something that you know we have
everybody you know let's this let's do a
good job you know let's promote
ourselves properly ya know and and I
think we will go on very well you know
in the Knicks in the last fourth of to
zero to zero because I do see that
companies trying hard yeah government
are trying to open up very much
zendo so because we look at is from the
more inside spider spectrum so if you
are not ready you know the government
folks the director who is working for
the minister with you know you very
politely you and say that well it's a
good job but if I could certainly some
of the emails that we have got them from
some of this assessment is is horrible
you know we you wouldn't believe you
know how bad he was you know some of
them right now you know they actually do
a teaching on and soon yeah a lot of
these are being captured and that is
going to be very bad you just imagine if
there's a wiki leak or there's a supply
chain week you know where it's circling
all these videos out you know what their
time or their pitching that would be
really bad for for the hospital I do
hope that people just some not just
people just just company is going to be
very very pet food we've what we are
trying to put true yeah no everything is
recorded man yeah that's true
professional yeah yeah that's good
advice there Anndy yeah you see like I
sometimes get the impression you got
like the very big countries like China
and America there of course pushing for
their digital currency but you you see
actually see more adoption with the
developing countries like Cambodia and
and others that that that and small
islands and small islands that
recognized the the power of blockchain
and they're very flexible and also the
integration of blockchain and AI and
machine learning and internet things
yeah you know those things all come
together of course oh they want to start
a real new economy and a new style so
but but do you see that the developing
countries are in the lead in this race
again it goes back to my earlier
conversation with the option one option
two right option one is
a country that is fully developed you
know more to live what it is in
Singapore I do see that Singapore is
fully developed in terms of the
infrastructure in terms of some of this
a credit system they want us agree about
them when you're a Singapore due to
quickly adopt things like blockchain
cryptocurrency or even digital payment
we are there we are we are quite far
behind from some of the countries that
are developing they're not developing or
maybe some of the countries that that
you don't really you know see them as
real competitors but but they your
adoption rate is not high yeah no but
then you come back to the the crypto
scene and the blockchain see you know
countries that are developing or they
may not have the full structural
component yet for some of you or some of
their key key sectors or some of the key
functions they are more open or change
in there I'm not opening the floor to
get them open a lot more open to look at
how to incorporate new systems a new
technology into the media framework yeah
so those people are more or less
skeptical and they are willing to try so
yeah so so far I'm not good really bad
blockchain adoption examples no to be
honor be honest some of the smaller
islands or some of the smaller cities
blockchain in some of their
financial systems yes I am be aware so
how early persistently so forth or even
some to the supply chain yeah they did
very well because they start off as a
plane he's Armenian and us real of their
space their legacy problems you're right
man so so there are a lot more adaptive
to the situation and they are more open
to look at cumulative possibilities or
new opportunities for them to grow
a few steps faster than some of the
neighboring countries are example you
know some some of them maybe in the
supply chain woman you know God
government mod G G to G to be kind of
relationship here is that no we also
tell them you know if you are selling
mineral what you know you know from a
certain country you know yeah if you can
authenticate your mineral water or give
some proof of certificate that this is
real from from this displays and so
forth you know you can do your country a
lot better you know than just filling up
water with with you know importers and
trying to sell them up
so these things back to a certain
marketing gimmick how how to position
your product how to position your
countries put up and so forth
that really helps you know so them so we
we see that there's a lot of pro in
terms of you know even tracking proofing
that this product is really it would
give people the confident that you know
just example you know some people would
say that Haley no I I don't like Chinese
product you know they are not not good
you know the quality is bad as I try you
know but but coming to the fact if you
are able to authenticate this
reassurance you know like what BJ was
trying to do yeah through much other
projects you know then then it creates a
value for the company as a technology
provider
ya know also keeps the country a better
name because you took the extra mixture
and the Prada is from your country yeah
so so things things like this you know
technology really help and the
technology can help to advance em into a
different stage and and this why Ghana
man is a very great food you know of
technology like that you know a lot of
things I mean supply chain is just one
thing even if all for some of the
countries who are very pro casino or
game yeah
first we want to do one you want to see
how can they open up you know your
casino services and thanks Devon you
know what's important you don't go to
tax then yeah yeah that's important so
alder right true true true the the use
of cryptocurrency
and that can be done very easily Joe you
know using US dollars we're a lot of
money we'll just you know just just just
disappear battery that you know from gap
from data for now folks yeah
look if dome and that would give them
accountability more morning
opportunity to thank them yeah no again
government do you like the fact that you
know everything is traceable yeah true
yeah yeah so I think it's still a very
good thing for government you know so
when you when you look at this
development of digital currencies
against the backdrop of the economic
situation right now
do you see it like an accelerator or
what do you think the impact is of the
economic the current economic situation
on digital currencies this is purely my
personal opinion I find that you know
there are people online who are trying
to compare cryptocurrency the goal
cryptocurrency the US dollar and so
forth and then and then they also try to
compare two different financial systems
you know that is that is in the market
right now right you also talk about how
the stock market is like versus how the
criminal market is like how volatile you
know cryptocurrency are and so forth but
but to me I think I think
cryptocurrency or maybe we talk about
very specific like the Bitcoin network
where the program and so forth what what
what we are trying to do here in this
industry is not to compete with current
traditional finance markets you know
what we are trying to do is
so like a trowel run a smaller trial run
to show people you know if if I'm the
bucket maker behind bitcoins I'm no I
would think this offers you opportunity
to show people that hey you know during
the worst days right now you know we are
doing better than the traditional jerk
yeah we are we are doing a slightly
different way and then we have a
different mechanism to show them that
hey you know during bad times the crypto
market even the all markets are
sustainable
- if I'm the market and I do that who
give confident to all the people who are
into criminal currency and then to show
the mainstream media and the mainstream
business man yeah no no we are doing
very differently so so again it goes
back to how the whole marketing message
is going to be like only by examples
yeah be a good example
yeah yeah we want the top right you want
the top and the year you can show good
results right we yes you can look at
some fit statistics you copy but I hate
Wow Wow everybody is being very badly
you know we have you know we have a
proof of eczema yeah I hope this story
would be like that you know but I am Not
sure you know I'm not sure there's more
like a direct competition and a lot of
head banging I don't really see that as
a competitor because you look at the
market cap and the size this is you know
how however big you know some of some of
the exchanges are right now my bad okay
ask you consider small in the financial
market true so so the good thing about
what we can do right now for exchanges
is to show that they can survive better
yeah you linger at times and if they can
survive better during these really bad
times when the whole Cove in nineteen
means
his back is gone you know they can
become goofs up a lot of confidence you
know in the inner ear and again this
gives the government guys a very very
good experience yeah he would think that
we you know things are different right
now right yeah there were a big few big
signs that are positive for Bitcoin
especially like Paul Tudor Jones one of
the largest investors in the world
endorsed Bitcoin and of course greyscale
who's buying more Bitcoin than any other
person or entity at this time I thought
I bought up 1,800 bitcoins each week
something like that so that is endorsing
Bitcoin I've in a person that's my
personal opinion then but it gets gives
credibility to Bitcoin especially and
the crypto market in general if they
keep that up well we could see another
end of the year for a crypto currency in
in general yeah you know let me ask you
if you continue to buy that many Bitcoin
and keep them you know what one would be
a possible outcome from economics then
it will be centralized yeah that's
that's a little bit dangerous I think
and if they get to large portion of the
Bitcoin the liquidity will go down and
then eventually the price will go down
if they keep their Bitcoin in their
yeah yeah right but they're like custody
yeah but you got custody means that they
can use to use the Bitcoin you know acid
rain so yeah I just don't keep it as
light design so again you know what
grace Kier is trying to do or some other
institutions who won well I mean they're
not in the media alignment you know they
are trying to do is to use through a
whole as many as possible but as they
are trying to do it is a platform you
know centralization or you know you know
centralizing a lot of these I said
together liquidity would be a would be a
big issue as now through and
and then a lot of a lot of people who
were thinking about you know playing
with futures and options and so forth
you know they'll be in you know what's
off situation do you sell this you know
you're just buying future money man so
so again caution on all these things
that stirs this give government more
confident I don't think so man you know
is this gonna give businesses more
confident reduce this yeah I don't think
so because they would they would think
that you just become a you know a bank
if if you have a lot of Bitcoin with you
you can become a big banker there are
new Goodman it mean so so again a lot of
these things boil down to you know the
whole market is not just about peak on
the market it's about how you look at
all the kryptos another use cases the
technologies we are being being being
adopted by so even then that two
portions are done beautifully then
actually bitcoins will do thanks so
we'll look at it like that too because
we we love Bitcoin of course but we also
see the rest of the old coins putting
something valuable into the mix it's not
just Bitcoin now now I think the use
cases and the integration and the
usability because some yeah stuff is
still too hard to explain to your
granddad or your neighbor so if you have
a yeah and to yourself so it has to get
more usable still the wallets are
getting easier and easier but still you
have to know a little bit about it more
than you do just using your bank account
so it it should be easier you know yeah
there's also the whole itõs like being
your own bank you have to you have to
teach people again too
to take responsibility to take
responsibility and to learn what's money
and where does it come from and how does
economics work so yeah there's a lot of
catching up to do
yeah that's very true but but being on
the bank
you know means a lot of responsibility
there right so you know we talked about
this very casually but you know when
you're really gonna do it
it's very hard yeah easy you know the
problem of people defaulting on loans
yeah
these credit cards easy yeah all right
so you've got a bank yourself if you
have a bank and then someone took your
money and then you run away yeah there's
no way you can get it back no no that's
a Leo Wonder slap also said you know
some of those bullets are probably exit
scams or somebody can get you know
threatened yeah and then they'll just
take your phones and they're gone and
you cannot find them anymore as a normal
person
yeah there's nobody to go to so there's
a lot a lot of work to do it that's why
we really love your vision and the way
you talk about blockchain and crypto
because you are very good at mirroring
the responsibilities but also your own
accountability and your own how do you
say oh yeah and it's also very
interesting to have the government
perspective on this because because in
the crypto world there's a lot of
negativity towards governments and
central banks but they yeah of course
you will have banking in the future you
need some sort of regulation you stay
safe and if if if it's all down to
anyone who can make a wallet or anyone
who can make a cryptocurrency
then you have a real danger of losing
all your money and if it's all your
savings as a person or a company yeah
then you will never trust
cryptocurrencies again and I think
there's also a lot of there's the theme
of the Millennials and they don't trust
big in institutions like with the fourth
turning
there's a lot of pressure on
institutions to improve to improve and
to regain that trust of future
generations GNC and Millennials which
will be I think very difficult and yeah
maybe we get any because we wanna run up
the show we want to do one giveaway
after you leave but maybe we can talk to
you again on that subject because I
think it's a very important one
yeah and maybe in the near future you
can tell us some more about things
you're working on when that's allowed or
when you're you're able to and I really
love love what you're doing so I always
follow you on twitter and any
interesting discussion and yeah that you
launched and yeah will also support
support you any way we can and I'll
still do some writing yeah let's do that
I mean just a not missing pistol session
I really love to see how we could all
have a more regular chatting session
yeah people from different parts of the
world
yeah and I think we could you could
definitely do well and as for myself I
will be ending my my my state with the
government for in about 1 1 1 month
prospect so I'm also thinking of you
know whether God actually put in more
time with certain projects quite
strangers or even when another
government organization so I'll keep you
posted
no please do really excited and really
interested in what you're doing so yeah
keep us informed please Anndy although
for your giveaway I'll be okay thank you
very much
and Elia we say goodbye and see you soon
that and we will ask our other
influencers and people in blockchain and
crypto to tell them about your ID and
try to get them also in touch with you
so we can organize it yeah if you can
let's do that
yeah and and let's meet again next week
maybe yeah yeah that would be great Anndy
Thanks all right thanks for being on the
show again
take care bye bye bye yeah that's a good
question
English (auto-generated)
nice video! I found this through your twitter account.