Linfinity CEO Anndy Lian accepted an exclusive interview with Golden Finance. He focused on the integration of "blockchain + supply chain + AI" technology to show us the new world of deep traceability IoT.
Before joining the blockchain, Anndy Lian was already a successful businessman. He has not only operated several trading companies in Singapore, but also has been doing business in Korea for 8 years, trading 30,000 kinds of products, and has accumulated a lot of experience in the supply chain. It is precisely through various scenarios in the supply chain that Anndy fully felt the various "pain points" in the traditional supply chain-lack of trust.
The emergence of the blockchain has given Anndy enough room for imagination. This distributed structure and traceable technical characteristics seem to have provided the possibility to solve the "pain points" of the traditional supply chain-one of his Linfinity blockchains The brigade officially opened.
Cover the entire process of commodity production and exchange to achieve deep traceabilitySolving the "pain points" of the supply chain is to build a trustworthy supply chain ecology. For this reason, Anndy has set 3 main directions for Linfinity:
1. Technical services: Relying on the advantages of the past IoT, the supply chain, blockchain, and artificial intelligence are combined to achieve the core value of technical services;
Second, the in-depth traceability of the product: from raw materials, to warehousing, to the entire logistics, the block chain is fully covered, so that the block chain traceability can achieve the anti-counterfeiting effect to the maximum extent;
3. Recyclable environmental protection ecology: use blockchain to track the process of goods in use and after use, so as to carry out recycling and environmental protection;
Under such a system, you can understand or verify the detailed information of a product from the source to the terminal by only scanning the code.
"Linfinity's traceability in pharmaceuticals, cosmetics, and tobacco is relatively mature. Although the QR code does not seem to be very different, each one is different, and each one is recorded on the chain. This is already useful for traditional anti-counterfeiting. Great improvement," Anndy said.
At present, Linfinity has established strategic cooperation with 8 manufacturers, and more companies will participate; in early July, during the Asian Blockchain Summit held in Taiwan, Linfinity signed a strategic cooperation agreement with Taiwan’s Alishan Group. Its cigarette brands provide block chain anti-counterfeiting technology to effectively prevent the rampant market of counterfeit goods with block chain; in August, it will expand its business to the UK, China, Taiwan and other places for promotion, and use Linfinity to combine a variety of products Supply chain.
At present, there are many companies in the field of blockchain + IoT, but due to the disconnect between technology and industry, many people think that moving such a large plate of IoT into the blockchain seems a bit “nothingâ€. And Anndy, who firmly regards "blockchain + supply chain + AI" as a pragmatic key, is convinced that the current practice is moving towards the initial goal:
"I have never doubted the value of IoT+blockchain. Currently, companies large and small have not really understood how IoT can promote the improvement of their operations. The other part is perhaps because they don’t have a broad enough perspective or don’t have enough funds. Put the idea of ​​blockchain + IoT into practice. I think this is the reason why some people think IoT is'unreliable'."
Anndy believes that in order for IoT to achieve its huge potential under the blockchain, it is impossible to fight alone. Many people say that they don't believe in IoT, but in Linfinity's philosophy, IoT should have a clear future direction, and the AI+ blockchain is Linfinity's realistic solution for IoT.
"Such a combination can greatly increase the frequency and production capacity of IoT, and the entire market can increase efficiency while maintaining sufficient transparency." Anndy also pointed out that Lininfinity's current efforts are aimed at cultivating industry "children". , I believe that in one year, more applications will officially land.
Manufacturers are one of the breakthrough points in how to advance Linfinity's business. Anndy allows more manufacturers to understand the huge value of blockchain in the traceability, and then shows the overall concept and overall strength of the company, so that manufacturers can drive and drive consumers to participate in the use of Linfinity.
Linfinity Token, LFT has stated that it will not do any ICO projects from the beginning.
"LFT tokens are not sold. If 70% of your tokens are issued to the market, you cannot control the value. There must be many people who want to speculate. The purpose of tokens must be to provide a reasonable stimulus for building an ecosystem. , And we still have to focus on industry, so we have strict Token control. We just made a tokenized economic model. Fans can get token rewards by scanning the code using the Linfinity system."
Anndy believes that Token is an "adhesive" that closely "glues" the interests of manufacturers and consumers together to achieve a win-win situation. For the cooperation of manufacturers, Anndy is very generous to give Tokens, first let the company do a few rounds of experiments in the big environment of Linfinity to verify and improve the entire system.
At present, Lininfinity has a team of more than 60 people all over the world, targeted development of markets in various countries and regions, and its business covers different types of commodities such as food, medicine, tobacco, and coffee. With more and more landing scenarios, Anndy is very confident in the value of Token.
"Because we are directly facing the enterprise, the value enhancement of Token may further stimulate the enthusiasm of manufacturers to use the system. Therefore, in order to make the Untility Token such as LFT truly use, we should also be cautiously responsible for the value of Token."
Anndy tries to convey the long-term value of blockchain to people, and will continue to work on using blockchain to change the existing industry, solve pain points, and achieve a win-win situation.
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