Asia Data Group ADR (company in video) focuses on #3 Countries.(they named just #3) Indonisia,Singapore,Malaysia. And Here is a cut @ past on these 3 countries in the SAME ARTICLE......."Blockchain use in Asia
East and South East Asia (SEA) therefore seem to be hot spots for the blockchain. Gaurang Torvekar, CEO and co-founder of Indorse, picks out the majority of SEA blockchain startups as being located in Singapore, where he is sometimes based, followed by Indonesia and Malaysia.
“The Singapore regulator, MAS, has been at the forefront of innovation, having finished five phases of Project Ubin, which used blockchain technology for inter-bank settlements, amongst other things,” says Torvekar.
“[The Singaporean government] itself has been heavily promoting and supporting the development of technical talent, incentivising deep-tech startups, universities, polytechnic schools and other ecosystem partners to train and upskill their citizens.
“The government also has sensible regulations which don’t stifle innovation, while at the same time safeguard its citizens.”
This is a different picture from what Torvekar sees in his other base of the UK, which he says is “not as favoured amongst nascent blockchain startups because of the relatively cautious attitude by banks towards these companies.
“Historically, it has been difficult to even open a bank account for a startup that has got to do anything with cryptocurrencies.”
Capitalising on this is somewhere famous for being a regulatory haven like Singapore, and perhaps a little less known for digital innovation and smart urban living.
