Technology
Welcome to the final episode of our 3 part series on Emerging Tech Trends with our guest, Analyse Asia’s Bernard Leong. In part 2, we covered the latest developments in Drones, AI and digital transformation. For this final episode, we’ll dig deep into what’s going on with Crypto, what are NFTs, why have they become so popular and how can they be used - and then we’ll close out by addressing the big one - what the hell is going on with China. (note: this podcast was recorded prior to China’s recent announcement that declares all crypto-currency transactions illegal - amazing how fast things change!) Show Notes: 00:40 What’s the latest trends we need to know about Crypto & Blockchain? - Private blockchains are just databases - and they have failed 02:10 The latest killer apps - Decentralized Finance (DeFi) & Non Fungible Tokens (NFTs) - NFT use cases beyond memes - Creating a syndicate - Decentralized Autonomous Organizations (DAO) - Countries issuing their one cryptocurrency - like the Digital Chinese Yuan 07:40 Bitcoin / crypto and the Sustainability issues 11:00 The latest on the US / China trade war - There will be two supply chains - China and the rest of the world 15:40 China’s crackdown on its own consumer tech vendors - China’s trying to avoid the demographic time bomb that the US, Japan and Singapore face 18:30 How China imposes “shock therapy” on its own ecosystem - Making online education market non-profit - Killing off the 9x9x6 work culture - The US, Japan and Singapore killed off their own manufacturing industries - China wants to retain theirs and copy Germany’s model - Crackdown on children’s gaming - limited to a few hours per week during specific times 25:00 If I’m a Chinese tech billionaire, should I be scared right now? 25:40 What’s next for Bernard and Analyse Asia 28:10 What have you been reading lately that had the most impact on you?