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Money20/20 Asia Day Three snapshot | FleishmanHillard in Hong Kong

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Jonathan Larsen, CIO of Ping An Group and Chairman and CEO of Ping An’s VC arm Global Voyager Fund, explained that massive value-creation opportunities arise when we reduce or eliminate frictional costs (in mortgage creation, for example). He put forward the view that today’s ICOs (“tokens minus the assets”) will be superseded by “tokens with assets” that will help solve the world’s friction problems. He foresees a data economy where the ability to create value out of data use-cases is more important than traditional distribution, brand, physical assets and even capital itself.

From Money20/20 Asia Day Three snapshot | FleishmanHillard in Hong Kong.

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