An analysis of GlobalData’s Financial Deals Database reveals that deal volume too witnessed a staggering 31.9% growth from 3,261 in 2020 to 4,302 in 2021.

Aurojyoti Bose, Lead Analyst at GlobalData, comments: “Investors seemed to have become wary of China for some time on the back of a series of regulatory crackdowns on domestic companies. However, funding activity picked soon after a brief downturn. The announcement of several big-ticket deals during 2021 reflects investors’ appetite for placing bets on China is still bullish.”

Despite the year-on-year growth, the month-on-month funding trend remained inconsistent throughout 2021. Interestingly, there was a decline in deal volume in December while deal value grew significantly and in fact, it was the best month in terms of value during the year.
In fact, December 2021 alone witnessed announcement of 32 $100 million+ deals while 76 such deals were announced during the last quarter and a total of 262 deals in this range were announced during the year.

Some of the notable VC funding deals announced in China during 2021 include $1.6bn raised by SVOLT Energy in August, $1.5bn capital raised by Horizon Robotics in June, $1.2bn raised by Nanjing Lingxing Technology (T3 Travel) in October, $700m funding raised by Abogen Biosciences in August, and $750m capital raised by Beijing Shihui Technology in March.

Hernaldo Turrillo

Hernaldo Turrillo is a writer and author specialised in innovation, AI, DLT, SMEs, trading, investing and new trends in technology and business. He has been working for ztudium group since 2017. He is the editor of openbusinesscouncil.org, tradersdna.com, hedgethink.com, and writes regularly for intelligenthq.com, socialmediacouncil.eu. Hernaldo was born in Spain and finally settled in London, United Kingdom, after a few years of personal growth. Hernaldo finished his Journalism bachelor degree in the University of Seville, Spain, and began working as reporter in the newspaper, Europa Sur, writing about Politics and Society. He also worked as community manager and marketing advisor in Los Barrios, Spain. Innovation, technology, politics and economy are his main interests, with special focus on new trends and ethical projects. He enjoys finding himself getting lost in words, explaining what he understands from the world and helping others. Besides a journalist, he is also a thinker and proactive in digital transformation strategies. Knowledge and ideas have no limits.

The post VC Frenzy: Chinese Startups Raise $104.4bn VC Funding In 2021 appeared first on OpenBusinessCouncil Directory.

As 2021 draws to a close, Amrit Dhami, Thematic Analyst at GlobalData, offers her view on these themes:

M-commerce is fueling the development of super apps in the West, but China will continue to rule the roost

“The increased use of mobile wallets — a virtual wallet that stores card details on mobile phones — and mobile commerce (m-commerce) — purchasing online via a mobile phone — is driving the development of ‘super apps’ in the West, similar to China’s WeChat and Alipay. In 2022, the value of mobile wallet transactions will exceed $266 billion in the US and $60.5 trillion in China.

“Mobile wallets act as a gateway to a broader range of financial services without the need for consumers to leave the app. Mobile point of sale (POS) software usually requires biometric authentication and offers more security than contactless card payments. It’s also more convenient for users, as they carry their phones around everywhere with them anyway, and no additional hardware is needed. This will continue to encourage consumers to abandon cash and cards.

“Since it’s now easier than ever to make transactions using mobile phones, it’s no surprise that m-commerce is exploding to become the most popular method of online transaction. The convergence of mobile wallets, m-commerce, financial services, and social media will encourage payment companies such as PayPal to develop super apps that will streamline the consumer experience and provide a portal to a host of services.

“However, the West’s super apps will fall short of emulating China’s powerful digital ecosystems because western social media companies consistently fall short at building consumer trust — something that is pivotal to the success of super apps. In the absence of the regulatory hands-off approach in China that allowed Tencent and Alibaba to grow substantially, US social media giants must earn their users’ trust if they aspire to reach super-app status.

“GlobalData’s Thematic Scorecards score companies based on how they will perform in various themes. Almost all of the 35 companies on GlobalData’s Social Media Thematic Scorecard score less than two (out of five) for the ‘Data Privacy’ theme, including Meta and Snap. Data privacy is incredibly important to consumers and regulators, so this demonstrates that social media companies still have some way to go before they can be allowed to grow into super apps.”

The herd of fintech unicorns will continue to expand and engage in strategic partnerships

“Fintech unicorns—private companies valued at $1 billion or more— have now climbed to 116 in number, with an aggregate valuation of $529 billion. A surge of investment in start-ups has expanded the herd of fintech unicorns this year, and 2022 will be no different with the likes of Corvus Insurance and Navi Technologies set to join the cohort. Meanwhile, at least 10 current unicorns will become public, including Stripe, Monzo, and Chime.

“The sheer volume of highly valued start-ups operating in fintech demonstrates the extensive ongoing disruption of the financial services sector by digital technologies.

“Disruptors and incumbent institutions will continue to form dynamic partnerships to capitalize on the innovation of start-ups and large user bases of traditional financial institutions. Goldman Sachs and Visa are among those building an extensive fintech network.”

Openness in data ownership has played a critical role in fintech partnerships

“Open banking has encouraged partnerships between disruptors and incumbents by allowing accounts and data to be linked across institutions, important for services like smart budgeting, automated onboarding, and credit risk assessment. PSD2 (the amended Payment Services Directive) has facilitated openness by giving third parties access to banks’ infrastructure.

“Open banking —where banks open up data for regulated providers to access — has been a key driver of partnerships between unicorns and banks, and has been delivered top-down in Europe through PSD2. A more open model of data ownership, where data can be moved across different institutions, increases transparency in banking services, and is an important step in shifting the ownership of customer data from banks to the customer. Institutions will be battling to win our trust and confidence.

“Openness in data ownership will continue to be a key theme in the financial services sector, so discussions around PSD3 will continue in order to instigate the more aggressive measures needed for further networking across financial institutions.”

Generation Hashtag is driving fintech innovation

“Generation Hashtag refers to the cohort born between 1991 and 2005. Having experienced the uncertainty of both the Global Financial Crisis and COVID-19 recession, this generation will continue to redirect their savings towards commission-free stock trading and investment apps such as Robinhood and Freetrade. These apps target young investors with a firm grasp of technology, but limited wealth —Robinhood’s average user is aged 27.

“Generation Hashtag is also wary of credit card fees, so is driving innovation in interest free, buy now pay later (BNPL) services. BNPL is convenient for consumers and lucrative for retailers, reducing cart abandonment. However, more transparency around BNPL services is urgently needed to ensure consumers understand that they are accruing debt through BNPL, which can negatively affect their credit scores. Regulators will pay more attention to BNPL following its rapid growth in 2021, with the Financial Conduct Authority (FCA) already recommending rigorous affordability checks before consumers can use such services.”

Hernaldo Turrillo

Hernaldo Turrillo is a writer and author specialised in innovation, AI, DLT, SMEs, trading, investing and new trends in technology and business. He has been working for ztudium group since 2017. He is the editor of openbusinesscouncil.org, tradersdna.com, hedgethink.com, and writes regularly for intelligenthq.com, socialmediacouncil.eu. Hernaldo was born in Spain and finally settled in London, United Kingdom, after a few years of personal growth. Hernaldo finished his Journalism bachelor degree in the University of Seville, Spain, and began working as reporter in the newspaper, Europa Sur, writing about Politics and Society. He also worked as community manager and marketing advisor in Los Barrios, Spain. Innovation, technology, politics and economy are his main interests, with special focus on new trends and ethical projects. He enjoys finding himself getting lost in words, explaining what he understands from the world and helping others. Besides a journalist, he is also a thinker and proactive in digital transformation strategies. Knowledge and ideas have no limits.

The post Predicts GlobalData, China To Dominate Super Apps, Data Ownership In Banking To Be More Transparent, And Mobile Wallet Transactions Set To Exceed $266 Billion In The US In 2022 appeared first on OpenBusinessCouncil Directory.

How will 5G transform the world as we know it?

5G is a milestone in the history of mobile communications. Going back in history, whilst 2G enabled people to connect through mobile voice devices, 3G and 4G empowered the internet. What about 5G? How will it transform our world as we know it?

According to Ryan Ding, the President of Carrier Business Group, Huawei, “The huge potential of 5G is now emerging. The entire industry needs to act now, to build new capabilities and realise the 5G vision”.

This reassuringly benchmarks the potential of 5G connectivity speed as the latest mobile communications technology that can significantly boost many industries’ performance.

While the 5G ecosystem is evolving, we are witnessing a great increase in the integration of augmented reality (AR) with industry applications. In this context, the symbiosis of 5G + AR expands the scope of connectivity and the boundaries of user experience, enriching both our lives and communications.

In that context, we can classify 5G’s capabilities into three areas:

1) Enhanced Mobile Broadband, which enables faster data speeds as total capacity is expanded. This helped the introduction of first-edition 5G smartphones and fixed wireless access (FWA) services;

2) Ultra-Reliable Low-Latency Connectivity, which is essential for autonomous driving, industrial automation and remote medical assistance applications; and

3) Massive Machine Type Control, which ensures 5G mobile networks are able to connect millions of devices per square kilometre – essential for the development of connected smart cities of the future.

Resonating with Ryan, Manu Tyagi, associate partner, retail and consumer goods at Infosys Consulting, believes that 5G is not like any other telecoms improvement; with the potential to reach speeds of 10Gbps with minimal latency and pervasive connectivity,

“It opens up an array of possibilities for retailers and their technology teams. 5G will enable them to supercharge innovative consumer experiences and provide highly personalised engagement to consumers, powered by seamless connectivity and ultra-fast response times”.

“The main examples where we expect retailers and leading consumer goods companies to use 5G are smart shelves, real-time merchandising messaging and promotions, personalised digital signage both in-store and in mobile apps, and virtual reality (VR) and augmented reality (AR)-enabled technologies like adaptive magic mirrors, which would have an impact for fashion retailers,” he says.

China – the leader in 5G adoption

There is little doubt about China’s leadership in this area, driven by the government’s ongoing investment in better coverage, the offering of new frequencies to reach more areas of the country, as well as a pool of highly specialized tech companies and vendors. Their bet on 5G is going even further this year, with the offering of over 480K 700 MHz 5G base stations.

This investment will boost the number of 5G base stations in China to 1.7 million by the end of 2021, according to Strategy Analysis, This means that Chinese operators will double their 5G base stations in the next 6 months.

Only recently, China Mobile and CBN officially kicked off the procurement process for the base station equipment of a 5G network in the 700 MHz band. It is a significant milestone on the long journey of 700 MHz refarming in China. The 5G network deployments of the Chinese operators have focused on the tier-3 or above cities so far. The 700 MHz 5G will enable China Mobile and CBN to widen the 5G network reach to a broader area in a more cost-effective way.

700MHz – what’s it all about?

As Guang Yang, a 5G expert, explained in his interview with Total Telecom, “We often call this 700 MHz band the ‘Golden Band’ for mobile communications services,” this is because, “This band has much better signal propagation and building penetration than higher frequency bands. With this band, operators can provide nationwide coverage in a very cost-effective way.”

5G delivered through 700 MHz spectrum will be uniquely useful in terms of indoor connectivity. For the 5G networks in the C-band, connection is only possible when being very close to the window. As 700 MHz gets adopted, the indoor coverage will increase significantly.

Huawei at the forefront of the 5G development

Huawei, who currently enjoys the biggest market share in China’s 5G market, is expected to benefit from this strong domestic demand and continue to be the one of the leading vendors in the Chinese market. Huawei won 60% of the 700 MHz 5G network project and around 53% of the 2.1 GHz 5G network project. Huawei’s total contract value in the two projects will be up to more than CNY 33 billion. That is the equivalent of around a quarter of Huawei’s carrier business revenue in the first half of 2021. The fast expansion of 5G networks in China will also benefit the global 5G ecosystem.

Huawei has jumped two positions to rank third in the 2020 EO Industrial R&D Investments Scoreboard, compared to 2019, when the company was ranked 5th. The other two companies that bag the top two positions are: Alphabet (Google’s parent company), and Microsoft.

According to Huawei’s 2020 financial report, “By the end of 2020 Huawei held a total of 100,000+ active patents, across 40,000+ families”. The IP analytics firm, IPlytics, pointed out in its recent research paper that Huawei leads in 5G declared patent families.

Since 2017, 5G development has been critical for these R&D efforts. Huawei has been concentrating its research efforts on the next generation of wireless technologies since 2009.

As the digital foundation of innovative technologies, the ICT industry will support carriers and other industry partners in broadening the horizons of 5G implementation in a wide array of industries, dramatically boosting their performance at all levels and paving the way to endless possibilities and opportunities. Huawei and China are at the forefront of this revolution.

Interview with Edwin Diender, CDTO, VP Huawei:

Dinis Guarda

Dinis Guarda is the founder of intelligenthq.com and an author, serial entrepreneur and CEO of ztudium that manages openbusinesscouncil.org, fashionabc.org, blocksdna.com, lifesdna.com.

He creates and helps build ventures focused on global growth, 360 digital strategies, sustainable innovation, Blockchain, Fintech, AI and new emerging business models such as ICOs / tokenomics.

Dinis is the founder/CEO of ztudium that manages blocksdna / lifesdna. These products and platforms offer multiple AI P2P, fintech, blockchain, search engine and PaaS solutions in consumer wellness healthcare and life style with a global team of experts and universities.

He is the founder of coinsdna a new swiss regulated, Swiss based, institutional grade token and cryptocurrencies blockchain exchange. He is founder of DragonBloc a blockchain, AI, Fintech fund and co-founder of Freedomee project.

Dinis has created various companies namely Ztudium, a tech, digital and AI blockchain startup that builds cutting edge software, big data insights, publishes intelligenthq.com, hedgethink.com, fashionabc.org, openbusinesscouncil.org and tradersdna.com, citiesabc.com among others.

Dinis is the author of various books. His upcoming books “4IR AI Blockchain Fintech IoT Reinventing a Nation“, “How Businesses and Governments can Prosper with Fintech, Blockchain and AI?”, also the bigger case study and book (400 pages) “Blockchain, AI and Crypto Economics – The Next Tsunami?” last the “Tokenomics and ICOs – How to be good at the new digital world of finance / Crypto” will be launched in 2018.

Some of the companies Dinis created or has been involved have reached over 1 USD billions in valuation. Dinis has advised and was responsible for some top financial organisations, 100 cryptocurrencies worldwide and Fortune 500 companies.

Dinis is involved as a strategist, board member and advisor with the payments, lifestyle, blockchain reward community app Glance technologies, for whom he built the blockchain messaging / payment / loyalty software Blockimpact, the seminal Hyperloop Transportations project, Kora, and blockchain cybersecurity Privus.

He is listed in various global fintech, blockchain, AI, social media industry top lists as an influencer in position top 10/20 within 100 rankings: such as Top People In Blockchain | Cointelegraph https://top.cointelegraph.com/ and https://cryptoweekly.co/100/ .

He has been a lecturer at Copenhagen Business School, Groupe INSEEC/Monaco University and other leading world universities.

He is a shareholder of the fintech social money transfer app Moneymailme and math edutech gamification children’s app Gozoa.

Between 2014 and 2015 he was involved in creating a fabbanking.com a digital bank between Asia and Africa as Chief Commercial Officer and Marketing Officer responsible for all legal, tech and business development. Between 2009 and 2010 he was the founder of one of the world first fintech, social trading platforms tradingfloor.com for Saxo Bank. In 2011 he created the B2B platforms socialmediacouncil.org and openbusinesscouncil.org with Jamie Burke.

The post This Is How China Is Leading 5G Adoption By Offering 480k 700 MHz Base Stations In 2021 appeared first on OpenBusinessCouncil Directory.

Daniel Liu Interview Focus

1. Can you tell us about your background and education?

2. Career highlights – How did you come across blockchain and cryptocurrencies?

3. About INFLUXO, organisations and focus?

4. How did you approach football legend Ronaldinho and decided to create an NFT based on him?

5. What are your views of today’s China blockchain and crypto ecosystem?

6. What are your views on NFTs?

7. What are the types of NFTs you think will bring more attention and hype?

8. In your opinion, what are the challenges NFTs face?

More Interviews

From The Oscars to Bollywood: Dinis Guarda Interviews The Multitalented Amrita Sen On Her Career In Music, Film And Design

Interview with Nick Jonsson – Co-founder & MD at EGN Singapore – Asia’s largest Confidential Peer Network for the C-Suite, International Best Selling Author

Interview with Rishi Kapoor, Founder & CEO of paus.tv – The Revolutionary Streaming Platform For Independent Creators

Daniel Doll-Steinberg, Co-Founder Of EdenBase, The Atari Token Project, Technologist, Former EU/UK Advisor

Interview with Alvin Foo – Co-Founder at DAOventures, Emerging Tech & Marketing Evangelist, AI, Blockchain, DeFi

Interview with Susie Wang – Director of Global Social Media & Spokesperson at Huawei Technologies

Daniel Liu Biography

Daniel Liu studied Business in Germany, in Frankfurt and in Stuttgart. Starting off in the financial sector, Daniel secured a position in Deutsche Bank. After a while and from his involvement in the financial industry, he discovered blockchain and cryptocurrencies.

That first experience with blockchain took him to investigate and research more in these two technologies. He then decided to move back to China and become an entrepreneur working with blockchain and cryptocurrency projects. Back in Asia, he took roles in different companies as asset manager, compliance and angel investor, adding it to his experience in the blockchain space.

Daniel Liu went on to co-found INFLUXO, a premier NFT creative studio and partner of INBlockchain. Through INBlockchain, one of the most influential investment groups in the Asian crypto space, incubating blockchain projects like BigONE, RumSystem, MobileCoin, and Mixin, Daniel got in touch with celebrities and different athletes to propose them creating NFTs based on them. That is how they got to create a series of NFTs with Football Legend Ronaldinho.

Vision

About NFT Ronaldinho NFT collection

“INFLUXO is breaking the mold as far as NFT platforms by making the process from creation to auction easier than ever before with unprecedented opportunities to own virtual collectibles that lead to real world experiences,” said Daniel Liu, partner at INBlockchain and CEO of INFLUXO. “Our trusted platform, seamless user experience and trusted team of investors and developers has allowed us to secure Ronaldinho for the platform’s first collection and we’re thrilled to show what’s in store for the future of digital collectibles.”

The Ronaldinho NFTs collection details and prices

“The live auction and also the stock-share for the Ronaldhino’s masterpieces and his unique magic sport series cards will be announced, I believe, at the end of this month, or at the start of next month. So there will be two product lines for this special INFLUXO Ronaldhino auctions: there will be, first, masterpieces, and the second is the magic sport card series. The masterpieces are kind of masterpieces NFTs and they will be available for the auction. The starting price is 20k USDT, so people should pay in USDT. But of course, we provide a very easy and convenient crypto credit card payment system for you to purchase cryptos from the credit cards in the unit of USDT. So they are going to bid for those masterpieces. So that’s one kind. And also another product line is the magic sport series magic cards and those card editions depicting Ronaldinho different kinds of sports, so not only just football, but also his favourite sports like e-sports.”

How INFLUXO’s NFT Creative Process Works

“In terms of the Ronaldhino collection, Ronaldhino, he granted us the IP, the image rights, the likeness rights of his NFTs, and then, we searched for artists, for how we can take those IPs into  the real products. So that’s our working process. And then we will put those NFTs into our own marketplaces and of course, we are in talks with other big NFT marketplaces like OpenSea and NFTGateway to finance those NFTs and to issue those NFTs. So INFLUXO, in this value chain creation process, we are an issuer, so we are an issuer like Paramount or other filmmakers.” 

About INFLUXO

Summary

INFLUXO is a premier NFT creative studio with its own integrated marketplace, backed by a team of investors including INBlockchain, an investment group dominating the Asian blockchain space and technologies from BigONE, a global cryptocurrency exchange that provides a platform for trading various cryptocurrencies.

Story

INFLUXO caters to producing quality collectible collections and one-of-a-kind masterpieces in select collaborations with sports and entertainment personalities to generate exclusive opportunities between devoted supporters and featured collaborators. Backed by a team of investors including INBlockchain, an investment group dominating the Asian blockchain space and technologies from BigONE, a global digital asset trading platform, INFLUXO is a pioneer of the future of digital collectibles. The INFLUXO Marketplace features robust payments rails, a proprietary NFT wallet and a secured bidding history as well as transactions on the Ethereum and RumSystem blockchain, which help the platform serve as an intersection of the metaverse and the universe.

INFLUXO’s main function is to serve as a trusted partner to influential clients, providing complete digital asset solutions for creating a unique NFT experience for star athletes, entertainers and their fans. The tech-driven creative studio capitalizes on working with top-tier production designers to create individually crafted masterpieces as well as collectable items to be sold on its Marketplace during a live auction. The first collection, INFLUXO x Ronaldinho, will feature exclusive pieces featuring the Brazilian soccer star, with additional collections to be announced at a later date.

INFLUXO caters to producing officially licensed collectible editions and one-of-a-kind masterpieces in select collaborations with sports and entertainment personalities to generate exclusive opportunities between devoted supporters and featured collaborators. INFLUXO aims to release virtual NFT, tangible collectibles and experiences of celebrities to link the virtual and real world.

Daniel Liu Links and Sources

https://www.intelligenthq.com/football-legend-ronaldinho-goes-blockchain-will-star-nft-collection-created-influxo/

https://influxo.com/

https://finance.yahoo.com/news/nft-studio-marketplace-influxo-launches-140000626.html?guccounter=1

https://www.globenewswire.com/news-release/2021/07/29/2271469/0/en/NFT-Studio-and-Marketplace-INFLUXO-Launches-with-a-Collection-Featuring-Two-Time-FIFA-World-Player-of-the-Year-Ronaldinho.html

https://www.inblockchain.com/

About citiesabc.com
https://www.citiesabc.com/​​​​​​​​​​​
https://twitter.com/citiesabc__​​​​​​

About openbusinesscouncil.org
https://www.openbusinesscouncil.org/

4IR: AI Blockchain Fintech IoT Reinventing a Nation by Dinis Guarda and Rais Hussin (4irbook.com)

Dinis Guarda citiesabc openbusinesscouncil Series is also available as podcast on

Apple Podcasts: https://podcasts.apple.com/us/podcast/dinis-guarda-citiesabc-openbusinesscouncil-series/id1510330391

On Spotify: https://open.spotify.com/show/1vA8KaDaRpJ0mAfpNbfTSF?si=H_WngL4RSOyu1W7VAmM41w&dl_branch=1

Google Podcasts: https://podcasts.google.com/feed/aHR0cHM6Ly9mZWVkcy5idXp6c3Byb3V0LmNvbS8xMDMyMzg4LnJzcw==

Amazon Music: https://music.amazon.com/podcasts/953a5156-823c-4e86-baeb-4fda1128e44c/DINIS-GUARDA-CITIESABC-OPENBUSINESSCOUNCIL-SERIES

Hernaldo Turrillo

Hernaldo Turrillo is a writer and author specialised in innovation, AI, DLT, SMEs, trading, investing and new trends in technology and business. He has been working for ztudium group since 2017. He is the editor of openbusinesscouncil.org, tradersdna.com, hedgethink.com, and writes regularly for intelligenthq.com, socialmediacouncil.eu. Hernaldo was born in Spain and finally settled in London, United Kingdom, after a few years of personal growth. Hernaldo finished his Journalism bachelor degree in the University of Seville, Spain, and began working as reporter in the newspaper, Europa Sur, writing about Politics and Society. He also worked as community manager and marketing advisor in Los Barrios, Spain. Innovation, technology, politics and economy are his main interests, with special focus on new trends and ethical projects. He enjoys finding himself getting lost in words, explaining what he understands from the world and helping others. Besides a journalist, he is also a thinker and proactive in digital transformation strategies. Knowledge and ideas have no limits.

The post Interview with Daniel Liu – Co-Founder of NFT Creative Studio INFLUXO – Creating The Ronaldinho NFT Collection appeared first on OpenBusinessCouncil Directory.

Susie Wang Interview Focus

1. Education and Professional Career – 5:00

2. Work and education.

3. Culture background versus your education – 8:30

4. Digital culture in China versus Rest of the world – 12:56

5. Brands, influencers and Fashion in China – 22:00 – Follow up question: 24:10

6. Media and series #GreatMindsTalk – 27:13

7. Tech for Good – not a CSR program – 31:04

8. Relationship with Universities – 33:32

9. China is leading in tech with companies like TikTok leading the social media and super influencers. Can you tell us about that? 27:00

10. 5G Solutions: What impact 5G will have on industries? What are Huawei’s solutions regarding 5G?

11. Huawei has been working on a lot of indexes and data like the connectivity, trust index. Can you tell us about these projects? –

12. Can you tell us about your role as Director of Global Social Media Communications at Huawei Technologies? – 40:33

13. About the Digital Divide, what can we do to stop this worldwide issue? – 43:50

14. The role of ESG on fighting climate change and environmental issues – 46:50

More Interviews

From The Oscars to Bollywood: Dinis Guarda Interviews The Multitalented Amrita Sen On Her Career In Music, Film And Design

Interview with Nick Jonsson – Co-founder & MD at EGN Singapore – Asia’s largest Confidential Peer Network for the C-Suite, International Best Selling Author

Interview with Prof Xiaolan Fu, Director of the Technology and Management Centre for Development TMCD – University of Oxford, Founder OxValue.AI

Daniel Doll-Steinberg, Co-Founder Of EdenBase, The Atari Token Project, Technologist, Former EU/UK Advisor

Interview with LaMondre Pough, CEO of Billion Strong, Mentor, Recognized Leader for the Community of People with Disabilities

Interview with Richard Haigh, Managing Director at Brand Finance, BA from University of Oxford, Lecturer – “Bridging The Gap Between Marketing And Finance”

Susie Wang Biography

Chinese born Susie Wang is the current Director of Global Social Media Communications at multinational company Huawei Technologies. From her position, she understands the importance of knowing different cultures and synergies in order to design a new product. Likewise, this knowledge is critical when marketing a company or that company’s services. That is what took her to travel the world and experience different regions and cultures: from Canada, where she spent quite a lot of time in Montreal, to Europe and Singapore and across Asia.

In 2018, Susie joined Huawei as the Director of Global Social Media Communications where she  is responsible for public awareness, media outreach, online and print communications, the corporate website and social media channels, internal and external publications, and outreach events and activities.

Susie Wang holds a Bachelor of Arts from McGill University, BAInternational Development Studies, studied Communication and media studies at the National University of Singapore, between 2016 and 2017, and holds a Master of Science from the University of Oxford.

Vision

About Tec for Good and Tech for All

“So, that’s also interesting, like you said, Tech for Good, that’s like a trendy hashtag. A lot of people are kind of overusing it. And some companies can, like, use it as a CSR program to make themselves look good. But one charming thing about Huawei is that it’s not a CSR program, it’s actually embedded in their contract. Because, I think, technology is sexy when it can solve problems that others cannot solve. Say, you know, we have the Tech for All program. We subsequently it’s not like we donate money, but we actually use Huawei AI to develop a type of technology that can help deaf children to read. So it’s not like CSR programs in terms of, first of all, a short period of time, and us donating money, that’s not solving the root problem. It’s, like I said, it’s sexy when you can actually pinpoint a problem to be solved in a stage that you’re actually designing technology, right?”

About her role as Director of global social media at Huawei

“For me, I think, it’s a really valuable job, not just for a company’s, so called, business profit. I see it as truly, it is a socially valuable job, because we are making an impact together to amplify a key message that’s worth getting heard by society in general. You know, we have that Trust in Tech campaign going forward on an annual basis. So it’s not about just branding for Huawei, it’s more to really build trust around technology in general, for the whole industry. We all know, like during the pandemic, a lot of mistrust, a lot of generalisations, that’s not hurting one single company, that’s something critical for the whole industry. So I see this as actually very socially valuable because we are working together to amplify the message that’s actually important for people in general.”

About Huawei

Huawei Technologies Co. is a Chinese multinational telecommunications equipment and consumer electronics company based in Shenzhen, Guangdong, South China. Founded in 1987, Huawei is the world’s largest telecom equipment maker and China’s largest telephone-network equipment maker. With 3,442 patents, Huawei became the world’s No. 1 applicant for international patents in 2014.

Huawei has nearly 188,000 employees, and operates in more than 170 countries and regions, serving more than three billion people around the world. The company’s products and solutions have been deployed in over 100 countries and have served 45 of the world’s top 50 telecom operators as well as one-third of the world’s population. Huawei Technologies has 3 divisions: enterprise (IP networking and routers, wireless, storage, data centre security), carrier, and consumer devices (smartphones and tablets).

Huawei consists of three core business segments:

1. Telecom Carrier Networks, building telecommunications networks and services

2. Enterprise Business, providing equipment, software and services to enterprise customers, e.g. Government Solutions – see Huawei 4G eLTE

3. Devices, manufacturing electronic communications devices

Huawei’s core network solutions offer mobile and fixed softswitches, plus next-generation home location register and Internet Protocol Multimedia Subsystems (IMS). Huawei sells xDSL, passive optical network (PON) and next-generation PON (NG PON) on a single platform. The company also offers mobile infrastructure, broadband access and service provider routers and switches (SPRS). Huawei’s software products include service delivery platforms (SDPs), BSSs, Rich Communication Suite and digital home and mobile office solutions.

Likewise, Huawei Global Services provides telecommunications operators with equipment to build and operate networks as well as consulting and engineering services to improve operational efficiencies. These include network integration services such as those for mobile and fixed networks; assurance services such as network safety; and learning services, such as competency consulting.

Huawei’s Devices division provides white-label products to content-service providers, including USB modems, wireless modems and wireless routers for mobile Wi-Fi, embedded modules, fixed wireless terminals, wireless gateways, set-top boxes, mobile handsets and video products. Huawei also produces and sells a variety of devices under its own name, such as the IDEOS smartphones, tablet PCs and Huawei Smartwatch.

Susie Wang Links And Sources

https://www.intelligenthq.com/the-emerging-potential-of-5g-ar-for-a-modern-industry/

https://cn.linkedin.com/in/susie-wang-8a054393

https://www.openbusinesscouncil.org/wiki/huawei/

https://youtu.be/B-eSx3A1vTI

https://www.linkedin.com/posts/huawei_great-minds-talk-one-minute-with-maye-musk-activity-6797781712320507904-fsqp

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Hernaldo Turrillo

Hernaldo Turrillo is a writer and author specialised in innovation, AI, DLT, SMEs, trading, investing and new trends in technology and business. He has been working for ztudium group since 2017. He is the editor of openbusinesscouncil.org, tradersdna.com, hedgethink.com, and writes regularly for intelligenthq.com, socialmediacouncil.eu. Hernaldo was born in Spain and finally settled in London, United Kingdom, after a few years of personal growth. Hernaldo finished his Journalism bachelor degree in the University of Seville, Spain, and began working as reporter in the newspaper, Europa Sur, writing about Politics and Society. He also worked as community manager and marketing advisor in Los Barrios, Spain. Innovation, technology, politics and economy are his main interests, with special focus on new trends and ethical projects. He enjoys finding himself getting lost in words, explaining what he understands from the world and helping others. Besides a journalist, he is also a thinker and proactive in digital transformation strategies. Knowledge and ideas have no limits.

The post Interview with Susie Wang – Director of Global Social Media & Spokesperson at Huawei Technologies appeared first on OpenBusinessCouncil Directory.

Recently, Huawei has held Global FSI Summit 2020 (online overseas part) with the essential theme of “Thrive Digitally in a Mobile Future.” Financial institutions and enterprises were invited to share their experience and insights in dealing with the “new normal” in the post-pandemic era, involving accelerated mobile first implementation and using FinTech to ensure business continuity and reshape financial services models. Huawei believes that mobile capabilities are key to future banks. Supporting this mobile-centric business will require new IT architectures and key capabilities of cloud, AI and 5G. As a leading tech player, Huawei provides its global financial customers with competitive financial ICT solutions, and works with various world-leading partners on joint innovation.

The summit attracted the world’s leading financial institutions including Shanghai Pudong Development (SPD) Bank, China Construction Bank, Singapore DBS Bank, Sberbank, BBVA, Isbank; the world’s leading financial solutions provider Temenos, and analyst institutions IDC and other global industry participants.

Financial Institutions Adhering Mobile First Strategy and Going Digital Success

The COVID-19 pandemic has advanced digital operations in the financial industry with more confidence and determination in such implementation. Moreover, the industry has demonstrated its advantages and value in applying new technologies in digital operations.

Peng Zhongyang, Director of the Board, President of the Enterprise Business Group, Huawei, stated: ” Based on cloud computing, big data, artificial intelligence, 5G, and other ICT technologies, innovative FinTech will embrace new opportunities and lead the upgrade of financial services. We have combined our 30 years of technical experience, capabilities, and industry insights with customer needs, to provide competitive financial ICT products and solutions that span multiple domains, and collaborate with various partners for joint innovation. We believe that financial institutions that are ready to go digital will probably see greater success.”

Adhering to the “mobile first” principle to achieve smart experience is the foundation for financial institutions’ customer-centric business strategies, said Jason Cao, President of Global Financial Services Business Unit, Enterprise BG, Huawei stated. “We do believe that the mobile capability will be the core of the future of the banking industry. It not only is applicable to the interface that connects with client, but also to the internal operations and collaborations with partners. Supporting this mobile-centric business will require new IT architectures and key capabilities of 5G, AI and cloud. As a leader of these technologies, Huawei has unique advantages that supports the cloud transformation of financial institutions, builds new connecting capabilities, and helps financial institutions improve their agility and innovation capabilities,”.

The Transformation Experience of Banks in China Empowers the Global Financial Services Industry

Huawei has loads of experience globally as well. Especially in the Chinese market, Huawei has gained experience in leading banks’ transformation and thriving in the mobile App era. Notably, the banking sector has taken a series of measures to ensure business continuity in different stages of the pandemic. In the post-pandemic era, banks need to proactively reflect on their business model and prepare for any uncertainties in order to ensure an agile business moving forward.

Shanghai Pudong Development (SPD) Bank has applied technologies such as 5G, IoT, artificial intelligence, and cloud computing since 2018. At the beginning of this year, our bank established a three-year action plan, aiming to strengthen open banking, promote full-stack digitalization, and create new development drivers by focusing on customer experience and digital technology. From the strategic perspective, we will promote data operations, technology upgrade, and cross-industry collaboration. For example,SPD Bank has developed an AI-powered virtual employee, Xiaopu. Through professional training, Xiaopu is capable of offering risk assessment, financial consulting, investment advice, and news broadcast services online. In the 5G environment, she can work perfectly on various devices such as mobile phones, smart watches, and cars, making high-quality, personalized, and intelligent services more convenient and inclusive.

Pan Weidong, President of SPD Bank, also said: “Adhering to ‘customer-centricity’, SPD Bank uses 5G and other technologies to continuously innovate customer experience, business models, and open ecosystems, and expand the breadth, depth, and width of financial services. We will strengthen cross-industry cooperation and innovation. We want to create infinite possibilities with connections, inspire infinite momentum with intelligence, serve the industry ecosystem with FinTech, and jointly promote high-quality social and economic development to embrace a better future.”

China Construction Bank (CCB) launched the “TOP+” strategy for financial digital transformation as early as 2011. It uses technology and data as a two-wheel drive to actively embrace new technologies such as AI, blockchain, cloud computing, and 5G, and embed financial services into the four essential sectors, namely, clothing, food, housing and transportation. During the pandemic, the application of new technologies allows CCB to provide customers with “no-contact services” correspondingly. An online loans channel, for example, is set timely to meet customer’s financial needs. In early February, the bank launched a comprehensive service of “anti-epidemic zone” through mobile banking and WeChat Bank, providing real-time data on the epidemic situation, application for late personal loan repayment, charitable donations and other services.

Niu Wenchao, Senior Engineer of China Construction Bank, said at the summit: “During the epidemic, while the over-the-counter transactions decreased significantly, CCB’s online transactions increased slightly. Thanks to CCB’s dual cloud strategy, the private cloud provides stable operations and public cloud assists innovation and development. More importantly, we relies on the intelligent data center infrastructure and the highly automated and intelligent network jointly built by Huawei and CCB. Digital transformation has laid the foundation for us to quickly respond to emergencies and maintain continuity of customer services.”

Hernaldo Turrillo

Hernaldo Turrillo is a writer and author specialised in innovation, AI, DLT, SMEs, trading, investing and new trends in technology and business. He has been working for ztudium group since 2017. He is the editor of openbusinesscouncil.org, tradersdna.com, hedgethink.com, and writes regularly for intelligenthq.com, socialmediacouncil.eu. Hernaldo was born in Spain and finally settled in London, United Kingdom, after a few years of personal growth. Hernaldo finished his Journalism bachelor degree in the University of Seville, Spain, and began working as reporter in the newspaper, Europa Sur, writing about Politics and Society. He also worked as community manager and marketing advisor in Los Barrios, Spain. Innovation, technology, politics and economy are his main interests, with special focus on new trends and ethical projects. He enjoys finding himself getting lost in words, explaining what he understands from the world and helping others. Besides a journalist, he is also a thinker and proactive in digital transformation strategies. Knowledge and ideas have no limits.

The post Huawei’s Global FSI Summit To Empower Digital Transformation with Mobile-Centric Strategy and Cloud, AI, and 5G Capabilities appeared first on OpenBusinessCouncil Directory.

With economic confidence in the UK at the lowest in a decade amidst the uncertainty of Brexit, more young Britons are considering opportunities abroad. As the second largest economy, China has put enormous investment in innovation and entrepreneurship, which young entrepreneurs are capitalizing on. What is the best way to access the network and insights which are needed to succeed in the China market? How do you make the most of China’s business opportunities? These, and many other questions will be discussed at an event – “Career and Start-up Opportunities in and with China” – hosted by the Cheung Kong Graduate School of Business (CKGSB), at Asia House in London on April 2, 2019.

Established in Beijing in 2002 with support from the Li Ka Shing Foundation, CKGSB is China’s first faculty-governed and independent business school. To provide on-the-ground insight into China business with a global perspective, CKGSB has recruited a faculty of more than 40 full-time professors, many of whom previously held tenured positions at leading business schools such as Wharton and Yale. The faculty members, predominantly natives of China, have achieved outstanding recognition in the international academic community by producing cutting-edge research on Chinese businesses, industries and economy that is practically relevant to business leaders who want to work in and with China.

China’s success story is reflected in the new generation of entrepreneurs who have benefited from a CKGSB education. They now form one of the most influential business networks; a key source for any entrepreneur or leader looking to transform their career or launch their own business. More than half of its 10,000+ alumni are at the CEO or Chairman level and, collectively, they lead one fifth of China’s most valuable brands. With strong ties to China’s most powerful VC funds and leading tech companies such as Alibaba (NYSE: BABA), Baidu (NASDAQ: BIDU) and Tencent (HKG: 0700), CKGSB has become an entrepreneurial hub for start-ups around the world.

With heavy investments into the tech and start-up space, China is the perfect place for young ambitious business leaders. Furthermore, CKGSB’s world-class, 14-month long MBA program will be giving away 2 golden tickets to a successful career in China by launching the Education Development Foundation Scholarship – giving away close to ￡100,000 in scholarship funding to exceptional UK or EU MBA candidates looking to develop their careers in China. The two successful recipients will enjoy a full-ride scholarship to attend one of China’s top business schools.

“This accelerated English-language 14-month MBA program helps young professionals transform into global business leaders with a strong understanding of China and other emerging economies. Participants will tap into unique mentoring opportunities that will connect them to the Who’s Who of business in China as they learn from some of the best academics in one of the most dynamic markets in the world,” the institution stated in a press release.

Candidates should have exceptional professional and academic backgrounds with plans to start a business that promotes economic and social value in China or Europe. To be considered for the scholarship, applicants must be citizens of the United Kingdom or the European Union.

Hernaldo Turrillo

Hernaldo Turrillo is a writer and author specialised in innovation, AI, DLT, SMEs, trading, investing and new trends in technology and business. He has been working for ztudium group since 2017. He is the editor of openbusinesscouncil.org, tradersdna.com, hedgethink.com, and writes regularly for intelligenthq.com, socialmediacouncil.eu. Hernaldo was born in Spain and finally settled in London, United Kingdom, after a few years of personal growth. Hernaldo finished his Journalism bachelor degree in the University of Seville, Spain, and began working as reporter in the newspaper, Europa Sur, writing about Politics and Society. He also worked as community manager and marketing advisor in Los Barrios, Spain. Innovation, technology, politics and economy are his main interests, with special focus on new trends and ethical projects. He enjoys finding himself getting lost in words, explaining what he understands from the world and helping others. Besides a journalist, he is also a thinker and proactive in digital transformation strategies. Knowledge and ideas have no limits.

The post Cheung Kong School To Show Off China’s Business Opportunities At London Event appeared first on OpenBusinessCouncil Directory.

Robust economic growth and rapid urbanization over the last few decades has resulted in the creation of a number of megacities in Asia. Against this back drop, 33 out of the projected 49 megacities by 2025 will be located in the region.

The City Economics Database reveals that megacities were home to nearly 8.35% of the world’s population and contributed 15.50% to total global GDP in 2018. Of the world’s 40 megacities in 2018, 26 were located in Asia. GlobalData, the analytic company behind the survey, forecasts that the number of megacities will increase to 49 and more than two-thirds of these megacities (including 19 in China and six in India) are expected to be located in Asia by 2025.

A megacity is defined by the United Nations as a city which has a population of 10 million or more people. Currently, there are 40 megacities in the world. These cities include Tokyo, New York, Paris, Berlin, and Bangkok among others. The 2017 UN statistics indicate that the cities with the largest populations worldwide were Tokyo and Shanghai with 38.8 million and 35.5 million people respectively.

Of the nine cities that are projected to become megacities between 2018 and 2025, five will be from China (Handan, Hangzhou, Harbin, Qingdao and Quanzhou), two from India (Chennai and Hyderabad) and one each from Egypt (Cairo) and Colombia (Bogota).

Asian megacities overtaking countries in terms of economic size

Rapid expansion of cities has resulted in creating a number of megacities that are larger and bigger, both in terms of population and GDP, than many individual countries. For instance, Tokyo, which is a US$1.50trillion economy, had a greater GDP than that of Spain’s US$1.42trillion while GDP of Shanghai (US$495bn) and Beijing (US$459.6bn) were greater than that of Argentina (US$475.4bn) and Norway (US$439.5bn) in 2018. Furthermore, Asian megacities are expected to contribute 9.4% to the global GDP and 6.6% to the total world population in 2025.

Tarun Bisht, Economic Research Analyst at GlobalData, says: “Though Asian megacities dominate the list of megacities they are far behind their counterparts from the developed world in terms of per capita income, employment generation and living standards. Elevating productivity and creating job opportunities by harnessing favorable demographic characteristics should be the key focus areas to create sustainable megacities.”

Hernaldo Turrillo

Hernaldo Turrillo is a writer and author specialised in innovation, AI, DLT, SMEs, trading, investing and new trends in technology and business. He has been working for ztudium group since 2017. He is the editor of openbusinesscouncil.org, tradersdna.com, hedgethink.com, and writes regularly for intelligenthq.com, socialmediacouncil.eu. Hernaldo was born in Spain and finally settled in London, United Kingdom, after a few years of personal growth. Hernaldo finished his Journalism bachelor degree in the University of Seville, Spain, and began working as reporter in the newspaper, Europa Sur, writing about Politics and Society. He also worked as community manager and marketing advisor in Los Barrios, Spain. Innovation, technology, politics and economy are his main interests, with special focus on new trends and ethical projects. He enjoys finding himself getting lost in words, explaining what he understands from the world and helping others. Besides a journalist, he is also a thinker and proactive in digital transformation strategies. Knowledge and ideas have no limits.

The post Urban Expansion: China to Lead the World Ranking with 19 Megacities by 2025 appeared first on OpenBusinessCouncil Directory.