Today on #HorasisInsights: Joining Hands for Innovation in Asia
Full story here: https://lnkd.in/eJ-e7AtZ
🔴 Asia, a region recognized for its swift economic development and technological progress, is increasingly becoming a center for innovation.
🔴Japan is leading the way in the field of industrial robotics technology. Seven of the ten world’s leading industrial robotics companies are housed in Japan. The country’s industrial robot makers have produced more than 50% of robots supplied in 2017, which is 39% more than the year earlier. Companies such as Kawasaki, FANUC, OTC Daihen, Epson, Denso and Mitsubishi are driving the development of industrial robotics in the country and beyond. Japan continues to be a testing ground for new applications of robotics. The country’s highly competitive research, development, and applied technologies are shaping the future of robotics.
🔴 Singapore has risen as a prominent fintech hub in Asia. From 2019 to 2022, the nation’s fintech sector attracted an impressive US$34 billion in venture capital investments. This success can be attributed to several factors.
🔴 The city-state’s innovation-focused government, high-quality talent, and business-friendly environment have helped it become one of the world’s biggest tech hubs that’s home to more than 37,000 international companies including Facebook, Google and Rakuten. In particular, blockchain and cryptocurrency is a field that’s dominated the Singaporean fintech scene. Global blockchain entities like Chainalysis, a blockchain data platform, and Gemini, a crypto exchange, have established their presence in Singapore. DBS Bank has launched its own digital currency exchange, and the Monetary Authority of Singapore has been pursuing its ambitions in distributed ledger technology, collaborating with the Bank for International Settlements Innovation Hub and other central banks to test the use of central bank digital currencies for international settlements.
🔴 As Asian nations continue to assert themselves on the global stage, there is a growing recognition of the need for collaboration in fostering innovation across the region. By joining hands, Asian countries can leverage their diverse strengths and shared interests to create vibrant innovation ecosystems that propel them towards a brighter future.
https://lnkd.in/eJ-e7AtZ
Thank you The Founders Peak for shining a spotlight on Jing and his incredible journey from WeBank to Sirius Technologies! We're excited for what's next on our mission of modernising legacy IT globally 🚀