Catherine Yong - CXposé

Open-Source Blockchain Platform Sets Sights Beyond China

By Catherine Yong|2025-01-27T14:46:44+08:00January 30, 2025|Categories: Data|Tags: blockchain, China, financial services, traceability|

A Chinese blockchain consortium called Fisco has been quietly building one of the fastest blockchain platforms in the world, capable of 100,000 transactions per second. Ethereum processes 50 transactions per second, in comparison. Founded in 2016, Fisco emerged as an open-source project backed by major Chinese tech and financial companies including WeBank and Tencent. Philip emphasized that the chain it built needed to be not only compliant because of the regulated nature of financial services, but also scalable due to the massive volume of users that Chinese financial institutions have. "We solved a very hard problem and have achieved very ... Read More

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Beyond Banking Hours: How Independent ATM Deployers Can Reimagine Financial Access

By Catherine Yong|2025-01-23T12:35:59+08:00January 23, 2025|Categories: Experiences|Tags: bank, financial inclusion, hardware terminals, payments, retail|

Deploying ATM terminals are a cost that most banks do not want to incur. Independent ATM deployers (IADs) are a current solution to fill this gap as well as deliver so much more. When Seven Bank, the banking business of the 7-Eleven Group in Japan, announced that they will deploy automated teller machines (ATMs) at 7-Eleven outlets in Malaysia, members of the media as well as C-suites from financial services institutions like Kenanga and YTL Digital Bank were also in attendance. How has Seven Bank achieved ATM deployment in Malaysia? A joint venture between Seven Bank Limited, 7-Eleven Services ... Read More

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Data’s Double Edge: Can AI Tip Insurance to Assurance?

By Catherine Yong|2025-01-28T08:28:40+08:00January 22, 2025|Categories: AI, Experiences|Tags: data management, insurance, Malaysia, PolicyStreet, Tune Protect|

The insurance industry stands at the precipice of transformation where AI could enable a fundamental shift from reactive coverage to proactive risk prevention. This evolution from traditional insurance to "assurance" represents a future where risks are actively mitigated rather than simply insured against. What regulatory pitfalls must insurers navigate, given that the industry operates by gathering and analyzing sensitive personal customer data? Above all, how do they execute this while innovating with new technologies? Data, analytics, and artificial intelligence can help immensely with operational efficiency and better customer experience in the insurance industry. Provider of AI-powered insights Concirrus' CEO Andrew ... Read More

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Focused on Accessibility and User Empowerment, The Sandbox Amasses 6 Million Users

By Catherine Yong|2025-01-19T21:08:44+08:00January 19, 2025|Categories: Experiences|Tags: digital assets, user generated content, utility tokens, virtual reality|

Blockchain entrepreneur, Sebastien Borget expressed to CXposé.tech that the virtual economy will grow to become bigger than the physical world economy, as more and more users spend time in digital worlds to buy digital assets. This could be what the metaverse shapes up to be, and The Sandbox is focused on driving this. The Sandbox, is a decentralized virtual world platform that uses blockchain technology and NFTs to empower creators to build, own, and monetize their own digital assets, games, and experiences. "The metaverse is far from dead," asserted Sebastien Borget, co-founder and CEO of The Sandbox. "Just because ... Read More

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Blockchain in the Enterprise: Lessons from ASX’s CHESS Project

By Catherine Yong|2025-01-11T15:11:18+08:00January 13, 2025|Categories: Experiences, Opinion|Tags: Australia, blockchain, emerging technology, enterprise, share market operator|

The viability of emerging technologies and the fundamental requirements of enterprise-grade, mission-critical IT infrastructure, comes into focus again. The recent breakdown of the Australian Securities Exchange’s (ASX) CHESS settlement system just before Christmas 2024 has reignited discussions about blockchain's viability in the enterprise space, particularly given the exchange operator's high-profile abandonment of its blockchain-based CHESS replacement project in late 2022. This setback, combined with similar retreats from blockchain initiatives by other major corporations, has raised questions about blockchain technology's enterprise readiness. The exchange had partnered with Digital Asset Holdings to replace its CHESS (Clearing House Electronic Subregister System) platform ... Read More

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Digital Transformation: A Holistic Journey Beyond Tools

By Catherine Yong|2025-01-07T12:30:33+08:00January 7, 2025|Categories: Data, Experiences|Tags: data, data model, digital transformation, DX, simulations|

Siemens Digital Industries Software's chief in Southeast Asia, Alex Teo, outlines what true digital transformation entails—a holistic approach to people, processes, and technology—which Siemens is well-positioned to support across startups to enterprises. In 2025, just as it was in 2024, the manufacturing landscape will develop at a rapid pace, presenting both challenges and opportunities for the industry. As products, manufacturing processes, and supply chains become more complex, companies face mounting pressure to accelerate innovation while meeting sustainability goals and addressing skilled workforce shortages. Companies are scrambling to keep up, and Siemens Digital Industries Software MD and VP in Southeast ... Read More

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The Role of the Tech Distribution Ecosystem in Digital Transformation

By Catherine Yong|2025-01-06T13:29:02+08:00January 6, 2025|Categories: Data|Tags: channel, cloud, distributors, marketplaces|

GTDC, which aims to elevate the tech distribution ecosystem in APJ, identified 8 of the top tech distributors as their members, and outlined areas of opportunity for the ecosystem in this region. Technology distributors will evolve to keep pace with IT requirements by the industry, because of the relationship they have with tech vendors that makes them privy to technology and industry updates. Decades of investment made, is also difficult to replicate which makes the core competencies distributors have developed in the past 40 years, extremely crucial. These are some of the key takeaways that the CEO of the Global ... Read More

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National ID Cards & Systems: Human Potential Remains the Strongest Link in Security Chain

By Catherine Yong|2024-12-30T15:28:35+08:00January 2, 2025|Categories: Experiences, Data|Tags: identity, identity management, national identity|

As Malaysia races to upgrade its national identity system amidst USD12.8 billion in scam losses, it has to realize that the most sophisticated technology can't outsmart social engineering—unless humans become the strongest link in the security chain. Malaysians lost approximately USD12.8 billion to scams over the past year. Some are due to Malaysians having had their identity cards stolen or forged, in which case their identities have been ‘stolen’ and are used for nefarious purposes. When databases of identities are compromised or leaked or stolen, individuals become vulnerable to not just financial losses but having their identities abused. Synthetic ... Read More

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The AI-Powered Opportunity for Channel Partners & Digital Infrastructure Management

By Catherine Yong|2025-01-14T09:25:36+08:00December 29, 2024|Categories: AI, Experiences|Tags: channel ecosystem, data centers, digital infrastructure, featured, power and cooling|

At the sidelines of Canalys' annual conference in Bali, Schneider Electric shared about the cooling technologies initiatives they have in anticipation of rising compute demand. Will this demand materialize, or is the industry getting ahead of itself? What is the opportunity for the channel industry? According to Paul Tyrer, Schneider Electric Global VP of Channel IT Ecosystem, the company's cooling and power solutions can be found in big hyperscale players, large co-location data centers, right through to enterprise and edge environments. The relevance of their solutions couldn't be more critical than it is now. Paul Tyrer With ... Read More

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Motorola Solutions’ Strategy Shift Connects Home Front Security With The Enterprise Sector

By Catherine Yong|2024-12-29T04:27:19+08:00December 17, 2024|Categories: AI, Experiences|Tags: ai, enterprise, featured, public safety, software|

The enduring relevance of critical communications technology and the growing significance of AI & software, hold promise for supporting both the public safety and enterprise segments. This is how the company plans to close current gaps in collaboration and safety between the two sectors. As a 96 year-old organization, Motorola Solutions’ credits its ability to evolve and adapt over time to working closely with its public safety and enterprise customers. By ideating and crystalizing innovations together with customers, the company has been creating what it describes as a connected ecosystem of technologies. Motorola Solutions has specialized in developing public ... Read More

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