Saturday, 13 November 2021

Learning Week

In the past week, I had attended several days of events related to Singapore and China relationship, fintech and the digital space. My brain was simply overloaded with the volume of information and opinions till my eyes were straining to keep open. Don't get me wrong, the amount of new things I learnt were exciting, intriguing and certainly enlightening. New jargons such as Web3.0 and metaverse, along with hot themes like sustainability and green finance, were cross referenced and discussed repeatedly from different perspectives.

So before I forget, this post serves to jot down points that I took and summarized into a narrative.

The world has 3 major issues.
1) Climate change is a common goal that everyone has to seriously action now.
2) It may be aging but Asean's population is about 50% young people, that's a big incentive for change.
3) Covid disrupted lives but we should not be distracted from longer term goals for the future.

The key is to ensure sustainable development. Countries must come together with resolve to push agendas into actual realities. There are many aspects to work on. Part of this involves people changing lifestyles and getting out of a comfort zone. Another part is to use resources in a manner that does not over extract or pollute, yet improve people's lives with minimal wastage. Fintech is one enabler that's being highly researched. More innovations are required. The creation of crypto assets arose out of trust deficit issues from the financial crisis in 2008. A new global finance system will emerge. Likewise, new workplace and living models. Fintech embraces all of these and improves the digital world. This is the result of technology going faster and being reliable in all forms of transactions. Artificial intelligence and quantum physics stand on the cusp of a breakthrough to elevate computational capabilities. Once in place, there would be better ways to predict nature phenomenon, allocate resources, achieve logistics excellence and improve personal experiences. However, the difficulty now is to convince enough people to bear with short term pain and countries to share knowledge freely. We live in a rapidly changing world where there's no choice but to be plugged in.

Tip:  Delta Estate Sauvignon Blanc 2019, crisp grass and lemon on the palate with raspberry

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