Programme

The world we live in today is significantly different from what it was 3 or 5 years ago and continues to rapidly change. Technology driven by Internet has unraveled new paradigms including in the fields of business, education, and engineering. Because of the large scale of momentum from different dimensions, there are plenty of mysteries and misunderstandings regarding innovations. There come the needs to identify and interlink the excitements, the supports, the enablers, the realities and the visions.




FOREWORD

Wei Shyy
Professor Wei Shyy

President, Hong Kong University of Science and Technology

Welcome to Innovation and Breakthrough Forum 2018.

Founded in 2015, the Co-operatives of Innovative Intellectuals is a pioneering force in stimulating innovation and entrepreneurship in information and communication technologies in Hong Kong. Now in its 5th edition, the Forum this year takes aim at Blockchain, the technology in vogue with grandiose promises, and has generated much hype since the world first heard of its use in cryptocurrency.

But is the hype justified? To that end, the Forum will feature a series of in-depth panel discussions on the topic this year, sharing valuable insights into the technology’s promises, realities, and beyond. Indeed, such an earnest discussion is timely; while the world has heard about the magic, myths and revolutionary prospects of Blockchain, the truth is there has not been a wide-spread adaptation, with many experts believing that the technology is still in its embryonic stage.

As Asia’s premier financial hub, Blockchain has naturally attracted a high level of interests from parties in Hong Kong seeking to leverage the technology’s advantage in their businesses. I am sure this year’s Forum will be a huge success and generate many rounds of stimulating and thought-provoking discussions among all participants. The opportunities and potential with Blockchain is tremendous. Let us all engage on how we can harness the power of the technology.




Wei Shyy
President, Hong Kong University of Science and Technology




CONGRATULATION REMARKS

Raymond Ho
Ir Dr. Raymond HO Chung-tai, SBS, MBE, SBStJ, JP

HK Deputy to the 10th & 11th National People's Congress of the PRC/Chairman of Dashun Foundation / Chairman of Greater Bay Area Myanmar General Chamber of Commerce

We are now in the era of innovation and technology. We are being encouraged to participate in and to contribute towards the development of innovation and technology. This is particularly relevant to Hong Kong when we are determined to enhance our international standing in this area.

Hong Kong has for many years been established as a strong financial and trading centre but only in recent years more attention is attributed to subjects such as blockchain, Fintech, IoT, VR and AI. It is the current HKSAR Government’s policy of striving to develop Hong Kong as an important innovation and technology centre. This direction is also supported by our Central Government.

With the advent of Guangdong-Hong Kong-Macau Greater Bay Area, the development potential of blockchain will attract more talent, particularly in view of its versatility, including the capabilities of providing a detailed and reliable tracking history of goods and products resulting in immensely valuable benefits to the field of supply chain.

This IBF Forum “Blockchain, Promises, Realities and Beyond” is very timely, when the audience can hear the comments and the expert views directly from the high-power speakers presented at the Forum.



Ir Dr Raymond HO Chung-tai, SBS, MBE, SB St J, JP
Chairman of Dashun Foundation
Chairman of Greater Bay Area Myanmar General Chamber of Commerce
Chairman of SCUD Group Limited (HKSE: 1399)

HO Kin-chung
Professor HO Kin-chung, BBS, JP

Supervisor/Chairman of the School Management Committee,
Hong Kong Pui Ching Middle School

Dear Madam and Sir,

I write to express my heartiest congratulations to the successful organising of ‘Innovation and Breakthrough Forum 2018 (IBF 2018)’. The event is the annual flagship activity of Co-operatives of Innovative Intellectuals, a well-known charity organisation in Hong Kong which promotes innovation and technology for the sustainability of human society enthusiastically.

While Blockchain is going to be one of the significant tools for electronic certification and testing in the coming decades, Promises and Realities are the essence behind. It is important to collect wisdom and experiences of experts and professionals to exchange views and consider the future road map. I am sure that IBF-2018 would be very fruitful and influential to serve its relevant purpose. It will be particularly inspiring to the younger generation who are the major beneficiary of Blockchain. The insight and efforts of the organiser must be praised and encouraged. They will be appreciated by the forum participants as well as the whole society.

I wish IBF-2018 every success and fruitfulness!

Yours sincerely,

Prof. HO Kin-chung, BBS, JP
Supervisor/Chairman of the School Management Committee,
Hong Kong Pui Ching Middle School

Simon S. M. Ho
Professor Simon S. M. Ho

President, The Hang Seng University of Hong Kong

I would like to extend my warm congratulations on the opening of the Innovation and Breakthrough Forum 2018. The Forum has brought together tech innovators, industry leaders, banking and finance professionals, enterprising investors, academic groups, etc. to take part in leading edge discussions on the theme “Blockchain: Promises, Realities, and Beyond”.

“Blockchain” has become one of the biggest buzzwords in technology today. Many regions in the world, including Hong Kong, are exploring the application strategies of blockchain in different industries. With our unrivalled location in the heart of Asia, and our expertise in finance, logistics and other professional services, Hong Kong has the potential to become a key blockchain hub in the region and beyond. Before we relish the future promises of blockchain, there are challenges and issues surrounding its adoptions and applications.

This Forum is an ideal platform that facilitates the exchange of latest information, knowledge, ideas and insights among scholars and business executives on how blockchain technology can change our life and the world for good. With the diverse program and participation of delegates representing a broad spectrum of disciplines and sectors from different parts of the world, I trust that the Forum will be intellectually challenging, insightful, and culturally enriching.



Professor Simon S. M. Ho
President
The Hang Seng University of Hong Kong


Rundown

Time Activities Speakers
09:30 - 10:00 Registration
10:00 - 10:10 Welcome and Opening I
Mr. Ian Huang
Chairman, Co-operatives of Innovative Intellectuals

Ian is the Chairman of Co-operatives of Innovative Intellectuals, a non-profit organization in Hong Kong. He is also the convenor of Agile Blockchain Consortium. His current interests include investment in breakthrough/disruptive innovations, promotion of inclusion and innovation management, and visioning the future of business trends and landscapes.

Ian founded XNET Technology in Silicon Valley and served as the Chairman, President and CEO of XNET. He took the company public on NASDAQ (symbol FIBR) with equity investors such as JP Morgan, Citibank, DBS Bank, Jardine Fleming, Hong Leong Malaysia, etc. He successfully setup and operated an international distribution channel in Americas (USA -- California, Texas, New York, Chicago), Canada, Mexico, Brazil, Europe (United Kingdom, France, Germany, Sweden, Italy), Africa (South Africa), Asia Pacific (Australia, New Zealand, Hong Kong, Singapore, Thailand, Indonesia, Malaysia) and Japan.

Ian started his career implementing software algorithms on robotics at Westinghouse Research and Development Center in Pittsburgh, Pennsylvania. He was with Tektronix in Portland, Oregon as Senior Software Design Engineer. Then he joined Shugart Associates (a Xerox wholly owned subsidiary), as the Senior Advisory Engineer, co-invented the SCSI bus (Small Computer System Interface) Ian was the Senior Manager for Computer Design and Engineering at Zilog (a wholly owned subsidiary of Exxon) and he was recruited to join Digital Equipment Corporation in Palo Alto, California as the Senior Engineering Manager and Chief Engineer for the Titan Reduced Instruction Set Computer (RISC), their first internal RISC project. Digital Equipment Corporation relocated Ian to Littleton, Massachusetts, as the Group Manager for the Next Generation Interconnect (“XI”), later known as Fiber-optical Distributed Data Interface (FDDI). Ian left for Hughes Network Systems thereafter as the Vice President of Engineering responsible for the worldwide product strategy, roadmap and engineering.

Ian holds a BS in Electrical & Computer Engineering and an MS in Computer Science, both from Carnegie-Mellon University, and an MS in Electrical Engineering from the University of Portland. He is a graduate of the Advanced Management Program at Harvard University. Ian was the Visiting Chief Architect at the Singapore National Science and Technology Board (now the Agency for Science, Technology & Research). He is a Fellow of the Hong Kong Computer Society and a Fellow of the Hong Kong Institute of Directors. Ian has been an adviser to MIT Technology Review (EMTECH Emerging Technology) since 2015.

10:10 - 10:20 Welcome and Opening II
Dr. Radia Perlman
Chair, Executive Committee, Agile Blockchain Consortium

Recipient of US National Inventor Hall of Fame 2016, US National Academy of Engineering 2015, Internet Hall of Fame 2014. Radia is now with Dell EMC holding the role as Fellow. Radia is also a Senior Fellow of Co-operatives of Innovative Intellectuals, a non-profit organization in Hong Kong.

Radia’s work has had a profound impact on computer networks today. Her work has enabled huge networks, such as the Internet, to be robust, scalable, and largely self-managing. Her research has also transformed Ethernet from a technology that could support a few hundred nodes within a building, into a technology that could support networks of hundreds of thousands of nodes. She has also made important contributions in network security, including robustness despite malicious trusted participants, assured delete, key management for data at rest encryption, DDOS defense, and user authentication.

She has taught as an adjunct faculty at MIT, Harvard, and University of Washington. She wrote the textbook "Interconnections", and co-authored the textbook "Network Security". She holds over 100 USA issued patents. Radia has received numerous recognitions for her achievements, including induction into the Inventor Hall of Fame, lifetime achievement awards from ACM's SIGCOMM and Usenix, election to National Academy of Engineering, induction into the Internet Hall of Fame, and an honorary doctorate from KTH Royal Institute of Technology in Stockholm. She has a Ph.D. in Computer Science from Massachusetts Institute of Technology.

10:20 - 10:30 Foreword/ Congratulatory Messages

By Emcees Ms. Jenny Chan and Mr. Anthony Woo


10:30 - 10:55

Keynote Speech: Innovation in Computing: The NEXT 40 years

  • Beyond Moore’s law. Is innovation dead? Where does it come from? What form will it take? What are the implications for industry structure? These are some of the topics that will be covered in this keynote. The keynote will take a historical look at innovation over the last 40 years and will draw lessons and insights from this for the present. The talk will also extrapolate from the past to what the future might bring and will speculate on outcomes as well as on possible innovation paths that industry might take. The talk will end with implications for industry structures and action items for the future.
Mr. Anand Chandrasekher
Chief Guest of Honor
most recently President of Qualcomm Datacenter Technologies, Senior Vice President and Chief Marketing Officer of Qualcomm, Senior Vice President for Worldwide Sales and Marketing at Intel (USA)

Chandrasekher is a seasoned global operating and management executive with a track record for delivering innovation. He is recognized as a visionary with the ability to create and exploit disruptions in the marketplace. During his 24 year tenure at Intel Corporation, Chandrasekher held a variety of roles including head of Intel’s mobile business, server and workstation business, global sales organization; and, global marketing. His last assignment at Intel was the Senior Vice President for Worldwide Sales and Marketing. Most recently, he was President of Qualcomm Datacenter Technologies, Inc. and Vice Chairman of Huaxintong Semiconductor, Inc. (China), and, was in charge of the Qualcomm Centriq™ processor family. He is known for his pioneering efforts on the Intel Centrino™ and Atom™ platforms which helped usher in the modern era of mobility; and, for his work on Qualcomm’s Centriq™ARM servers. Chandrasekher is presently working on a startup that is in stealth mode.

Chandrasekher received his Bachelor’s in Computer Science from Cornell University, his Master’s in Operations Research from Cornell University; and, his MBA from Cornell University Johnson Graduate School of Management.

Chandrasekher is a founding board member on Cornell’s College of Computing and Information Sciences; a member of Cornell’s Trustee Council; and, a charter member at The Indus Entrepreneurs. Chandrasekher was named CRN’s “Innovator of the year” in 2004 for his work on the Intel Centrino™ platform; and, was nominated to be one of the “Top 25 CMO’s” in 2014 by Forbes. He is cited in Steve Hamm’s book “The race for perfect”; and, in Judy Estrin’s book “Closing the innovation gap”. Chandrasekher has also been a visiting lecturer at the University of CaliforniaBerkeley Haas School of Business.

He lives with his wife and two children in Saratoga, CA.

10:55 - 11:00 Photo Session with Chief Guest of Honor, Principal Guest of Honor, Speakers & Prog. Committee
11:00 - 11:20 Tea/Coffee Break
11:20 - 12:15

Panel Discussion: Blockchain Ecosystem: Hong Kong and the World

  • As one of Asia’s (and the world’s) leading financial centres, Hong Kong is poised to become a leader in innovation when it comes to blockchain technology; an answer to digital trust at a time when the world is hit hard by the global financial crisis. Initially applied to peer-to-peer electronic cash now generally known as cryptocurrencies, 2014 marks the year when blockchain is progressively explored and invested in many different kinds of operations outside of electronic currency. In Hong Kong, entrepreneurs, enterprises and the government are slowly unleashing blockchain’s potential on supply chains, healthcare, insurance, transportation, contract management and many more commercial uses. However, without a robust regulatory framework, blockchain’s advancement could be culled significantly especially in comparison to other regulatory regimes that are scrambling to leverage national blockchain ecosystems. Current technical capabilities and costs in handling very large transaction volumes through blockchain are also questionable. How can Hong Kong maintain its position as a global player in this landscape?

Moderator

Mr. Ian Huang
Convener, Agile Blockchain Consortium

Ian is the Chairman of Co-operatives of Innovative Intellectuals, a non-profit organization in Hong Kong. He is also the convenor of Agile Blockchain Consortium. His current interests include investment in breakthrough/disruptive innovations, promotion of inclusion and innovation management, and visioning the future of business trends and landscapes.

Ian founded XNET Technology in Silicon Valley and served as the Chairman, President and CEO of XNET. He took the company public on NASDAQ (symbol FIBR) with equity investors such as JP Morgan, Citibank, DBS Bank, Jardine Fleming, Hong Leong Malaysia, etc. He successfully setup and operated an international distribution channel in Americas (USA -- California, Texas, New York, Chicago), Canada, Mexico, Brazil, Europe (United Kingdom, France, Germany, Sweden, Italy), Africa (South Africa), Asia Pacific (Australia, New Zealand, Hong Kong, Singapore, Thailand, Indonesia, Malaysia) and Japan.

Ian started his career implementing software algorithms on robotics at Westinghouse Research and Development Center in Pittsburgh, Pennsylvania. He was with Tektronix in Portland, Oregon as Senior Software Design Engineer. Then he joined Shugart Associates (a Xerox wholly owned subsidiary), as the Senior Advisory Engineer, co-invented the SCSI bus (Small Computer System Interface) Ian was the Senior Manager for Computer Design and Engineering at Zilog (a wholly owned subsidiary of Exxon) and he was recruited to join Digital Equipment Corporation in Palo Alto, California as the Senior Engineering Manager and Chief Engineer for the Titan Reduced Instruction Set Computer (RISC), their first internal RISC project. Digital Equipment Corporation relocated Ian to Littleton, Massachusetts, as the Group Manager for the Next Generation Interconnect (“XI”), later known as Fiber-optical Distributed Data Interface (FDDI). Ian left for Hughes Network Systems thereafter as the Vice President of Engineering responsible for the worldwide product strategy, roadmap and engineering.

Ian holds a BS in Electrical & Computer Engineering and an MS in Computer Science, both from Carnegie-Mellon University, and an MS in Electrical Engineering from the University of Portland. He is a graduate of the Advanced Management Program at Harvard University. Ian was the Visiting Chief Architect at the Singapore National Science and Technology Board (now the Agency for Science, Technology & Research). He is a Fellow of the Hong Kong Computer Society and a Fellow of the Hong Kong Institute of Directors. Ian has been an adviser to MIT Technology Review (EMTECH Emerging Technology) since 2015.



Panelists

(All Principal Guests of Honor):
Mr. Bryan Che
Chief Strategy Officer, Huawei

Bryan Che is Chief Strategy Officer at Huawei. There, he leads Huawei’s vision and strategy across its overall businesses and portfolio, which spans mobile and consumer electronics, telecommunications, enterprise IT, and cloud.

Bryan has tremendous experience building new enterprise businesses and open source technologies. Prior to joining Huawei in China, Bryan spent over 15 years at Red Hat in the US, where he was the general manager of their cloud business and also led overall product strategy across the company. As an American expat employed in China who has traveled 3 million miles to over 40 countries, Bryan has worked extensively with many customers and partners around the world.

Bryan graduated with his Bachelors and Masters degrees in computer science from MIT.

Mr. Vincent Lee
Chairman of Tung Tai Group of Companies

Mr. Vincent Marshall LEE Kwan Ho, Deputy of the National People’s Congress of PRC, BBS, Officer of the Order of the Crown (Belgium). He is the chairman of Tung Tai Group of Companies. Mr. Lee was an independent non-executive director of Hong Kong Exchanges and Clearing Limited (0388) between 2000 and April 2017. He is an independent non-executive director of the Guangdong Land Holdings Ltd (0124) since 2009 and was a non-executive director of LT Commercial Real Estate Limited (0112) between March 2013 and June 2017. Mr. Lee has over thirty years of experience in the securities and futures industry and has extensive experience in banking, corporate finance and investment. He worked for Coopers and Lybrand, Los Angeles & Boston from 1978 to 1981, and for HSBC group, Hong Kong & Vancouver from 1981 to 1990.

Mr. Lee is a non-official member of Financial Services Development Council. He has been elected consecutively as a member of the Election Committee of the HKSAR since 2002. He is the chairman of the Sir Murray MacLehose Trust Fund Investment Advisory Committee and the chairman of Correctional Services Children’s Education Trust Investment Advisory Board. He was also a part-time member of Central Policy Unit of the Government of the HKSAR from 2007 to 2008, a member of Academic and Accreditation Advisory Committee of Securities and Futures Commission from 2002 to 2006, a member of Securities and Futures Appeals Tribunal from 2003 to 2009, and the chairman of the Institute of Securities Dealers Limited from 2005 to 2009.

Mr. Lee is a member of the Council of The Chinese University of Hong Kong. He is the Chairman of Leo Tung Hai Lee and Vincent Lee Foundation Ltd since 2008. He is a Founding Member of the Canadian International School of Hong Kong, and had been the Chairman of School Management Council from 2006 to 2008.

Mr. Lee graduated Magna Cum Laude in Accounting and International Finance from the University of Southern California, USA and received a Master of Economics from the London School of Economics and Political Science at the University of London, UK. He is a certified public accountant in State of California, USA and fellow member of Hong Kong Institute of Certified Public Accountants.

Mr. Ming-yam Wong
Chairman of ASTRI

He also chairs the Board of InnoLink Investments Limited and serves as a Director or Non-Executive Director for a number of technology companies. Previously, he had been the Chief Executive Officer of Elec & Eltek Display Technology Limited and Senior Vice President of Royal Philips Electronics.

Mr. Wong is currently the Honorary Chairman of both Hong Kong Electronics & Technologies Association, and Hong Kong Critical Components Manufacturers Association. Passionate about developing innovation and technology as well as serving the community, Mr. Wong has been associated with several Government Boards and Committees over 35 years. He was a member of Innovation and Technology Fund Vetting Committee as well as the Assessment Panel of Small Entrepreneur Research Assistance Programme (SERAP) of Innovation and Technology Commission (ITC), HKSAR Government. He was also the Council Member & Deputy Chairman of Hong Kong Productivity Council, a Director of Hong Kong Science & Technology Parks Corporation, and an ex-officio member of the Advisory Committee on Innovation and Technology of the HKSAR Government.

At present, Mr. Wong continues to contribute in a number of public service roles linked with Government’s Innovation and Technology initiatives. He serves as a member of Enterprise Support Scheme Assessment Panel under the Innovation and Technology Fund; the Chairman of the CreateSmart Initiative Vetting Committee, CreateHK, and an ex-officio member of the Committee on Innovation, Technology and Re-industrialisation of the HKSAR Government.

12:15 –13:00

Blockchain+ : Not Just Trust or No-Trust

  • Blockchains are used for distributed consensus where all nodes agree on the validity of transactions in a block without needing a central trusted party. This has found numerous applications in Fintech, Supply chains, and contracts. The consensus is binary - agree or disagree - True or False. In this talk, we will present our recent extensions that allow blockchains to be used for group decisions that may not be binary. Such situations arise frequently, such as, in deciding whether the stock market will go up or down, risks in investments, insurance, etc.
Dr. Raj Jain
Principal Guest of Honor
Barbara J. and Jerome R. Cox, Jr. Professor of Computer Science and Engineering, Washington University, St Louis, Missouri USA

Raj Jain is currently the Barbara J. and Jerome R. Cox, Jr., Professor of Computer Science and Engineering at Washington University in St. Louis. Dr. Jain is a Life Fellow of IEEE, a Fellow of ACM, a Fellow of AAAS, a recipient of 2018 James B. Eads Award from St. Louis Academy of Science, 2017 ACM SIGCOMM Life-Time Achievement Award, 2015 A.A. Michelson Award from Computer Measurement Group and ranks among the Most Cited Authors in Computer Science. Previously, he was one of the Co-founders of Nayna Networks, Inc - a next generation telecommunications systems company in San Jose, CA. He was a Senior Consulting Engineer at Digital Equipment Corporation in Littleton, Mass and then a professor of Computer and Information Sciences at Ohio State University in Columbus, Ohio.

He is the author of ``Art of Computer Systems Performance Analysis,'' which won the 1991 ``Best-Advanced How-to Book, Systems'' award from Computer Press Association.

Prof. Jain has 14 patents, and has written 17 book chapters, 79+ journal and magazine papers and 122+ conference papers. His papers have been widely referenced and he is known for his research on congestion control and avoidance, traffic modeling, performance analysis, and error analysis. Google Scholar lists over 25,200+ citations to his publications. He is a co-inventor of the DECbit scheme, which has been implemented in various forms in DECnet, OSI, Frame Relay, and ATM Networks. His team has developed several switch algorithms for explicit rate-based congestion avoidance in ATM networks.

He received his BE in Electrical Engineering from A.P.S. University and MS in Computer Science from India Institute of Technology and his PhD in Applied Mathematics/Computer Science from Harvard University.

13:00 - 14:20 Lunch (By Special Invitation ONLY)
14:20 - 15:05

Blockchain: Myths, Realities, and Futures

  • The original “blockchain” was the log of Bitcoin transactions maintained by a large anonymous community of miners. The term is now being applied to all sorts of technologies that, although originally inspired by the original blockchain, bear little resemblance to that design. The goal isn’t to worry about the definition of blockchain, but instead, to solve problems with the best possible solution. It is important to understand a variety of problems and to come up with a flexible technology that is the right solution for at least some of them. In some cases, a database maintained by a single trusted entity might be sufficient. In other cases, having multiple trusted entities maintaining their own version of the database, independently gathering the data for the database, might be sufficient. In other cases, it might be desirable to have a world-readable database that maintains the history forever. We will discuss various types of problems and types of solutions.
Dr. Radia Perlman
Chair of the Executive Committee, Agile Blockchain Consortium
Mother of Internet
National Inventor Hall of Fame 2016
National Academy of Engineering 2015
Internet Hall of Fame 2014

Recipient of US National Inventor Hall of Fame 2016, US National Academy of Engineering 2015, Internet Hall of Fame 2014. Radia is now with Dell EMC holding the role as Fellow. Radia is also a Senior Fellow of Co-operatives of Innovative Intellectuals, a non-profit organization in Hong Kong.

Radia’s work has had a profound impact on computer networks today. Her work has enabled huge networks, such as the Internet, to be robust, scalable, and largely self-managing. Her research has also transformed Ethernet from a technology that could support a few hundred nodes within a building, into a technology that could support networks of hundreds of thousands of nodes. She has also made important contributions in network security, including robustness despite malicious trusted participants, assured delete, key management for data at rest encryption, DDOS defense, and user authentication.

She has taught as an adjunct faculty at MIT, Harvard, and University of Washington. She wrote the textbook "Interconnections", and co-authored the textbook "Network Security". She holds over 100 USA issued patents. Radia has received numerous recognitions for her achievements, including induction into the Inventor Hall of Fame, lifetime achievement awards from ACM's SIGCOMM and Usenix, election to National Academy of Engineering, induction into the Internet Hall of Fame, and an honorary doctorate from KTH Royal Institute of Technology in Stockholm. She has a Ph.D. in Computer Science from Massachusetts Institute of Technology

15:05 -15:55

Panel Discussion: Finance & Banking Industry

  • The appeal of blockchain, especially in the decade after the global financial crisis, lies in unhackable and decentralized record-keeping which will not only drastically reduce risk of fraud but will ultimately slash costs and simply back-office processes. Today, banks and financial institutions have invested billions in developing blockchain applications, but the technology does pose threats by eating away at talent retention and profits as there would be less reason for clients to pay exorbitant lenders’ fees and commissions under mounting competitive pressures. Scalability and lack of effective standards and governance (even if decentralization underpins blockchain technology) mean it will take some time for blockchain to operate concurrently alongside existing financial infrastructure. The question now, is what’s next? How is Hong Kong’s financial and banking sector faring in blockchain adoption; what are the challenges and opportunities that remain?

Moderator

Mr. Paul McSheaffrey
Head of Banking & Capital Markets, KPMG

Paul has thirteen years experience in Hong Kong having previously worked for KPMG in the UK for eight years.

Paul is the Head of Banking & Capital Markets for Hong Kong, He is a member the British Chamber of Commerce Financial Services Committee and of the Private Wealth Management Association’s Accreditation and Examination Committee.

In his role as Head of Banking & Capital Markets Paul is responsible for co-ordinating our Banking & Capital Markets offerings and supporting our account teams in taking these to clients. Paul is a regular participant at industry conferences.

Paul has worked with a range of clients, mainly international financial institutions in Hong Kong and Asia Pacific, providing internal audit regulatory assistance, investigations and other assurance services. Paul has also worked with banks on a range of regulatory related projects, covering regulatory compliance, anti-money laundering and benchmark rate setting.

He holds a BSc in Mathematics, Statistics and Accounting, University of Strathclyde, Glasgow, United Kingdom.



Panelists

Mr. Ashok Krishnan
Chief Data Officer and Head of Customer Experience, AXA China

Ashok leads the various Data Science, Governance and Management functions for AXA Hong Kong in addition to leading AXA’s efforts to deliver an excellent experience to our customers. He has previously lived and worked in the UK, Vietnam and India. Ashok is an insurance expert with experience in Life, P&C and Health insurance across various functions including Distribution, Marketing, Finance, etc.

Ashok is passionate about creating impact by improving Customer Experience leveraging the power of Digital and Data. Ashok enjoys travelling and is an Engineer-Accountant who would have become a cricket commentator if he had not entered the insurance industry.

Mr. Brian Lam
Senior Manager of Fintech Facilitation Office, Hong Kong Monetary Authority

Brian Lam is a Senior Manager at the Fintech Facilitation Office of the Hong Kong Monetary Authority responsible for facilitating the healthy development of the fintech ecosystem in Hong Kong and promoting Hong Kong as a fintech hub in Asia. Prior to this assignment, he has helped with setting up the operation of the Trade Repository of the HKMA for the over-the-counter derivatives trades reporting regime. Before joining the HKMA, he worked for a number of global investment banks and "Big-4" accounting firms, both in Hong Kong and London.

Brian holds a Master of Engineering degree from the University of Oxford, England.

Dr. Kwok Leung Tse
Head of Economic Research Division, Bank of China

He has been serving the banking sector in Hong Kong for over 20 years, mainly responsible for economic research, drafting reports and speeches for executives. With years of economic research experience, he has authored or presided over extensive research on various economic and financial issues for decision making. Dr. Tse has been servicing The Chinese Banks’s Association for years, and currently services as the leader of Association’s academic committee, he also served the Central Policy Unit of The Government of the Hong Kong Special Administrative Region as an Associate Member (non-full-time advisor) and a member of the CPU Pan-Pearl River Delta for years.

Mr. Arthur Wong
Chief Information Officer, Hong Kong Interbank Clearing Limited

Arthur was Head of Information Technology at China Construction Bank (Asia) (CCBA) and has more than 25 years of experience in information technology management with major banks and financial institutions in the Asia Pacific Region.

Arthur joined China Construction Bank Hong Kong (CCB HK) in 1995 and was responsible for overseeing the technology function for CCB’s Hong Kong Branch, CCB International as well as other overseas branches. He left CCB HK in 2008 and joined Fubon Bank (HK), Sun Hung Kai Financial and then KKR Asia, where he was also the Head of IT. Arthur subsequently rejoined CCB Asia in early 2014.

Arthur is also co-founder of popular Hong Kong web site HKGolden.com.

15:55 -16:15 Tea/Coffee Break
16:15 -17:05

Panel Discussion: Supply Chain Management

  • As an incorruptible yet versatile digital ledger, blockchain is transforming and revolutionizing the supply chain and logistics industry by providing a permanent and detailed tracking history of every single good and product; from when and where it was made to point of sale. Interoperability of data is perhaps the biggest benefit of blockchain for supply chain management, especially when granularity of data is no longer the major of concern as consistency can easily be achieved. However, private blockchains mean such interoperability is heavily challenged and scalability remains to this day very limited. How do supply chain teams reap the benefits of blockchain? What are current limitations and hurdles? What are the existing use cases available in the region?

Moderator

Dr. Samson Tam
Chairman, Group Sense Limited

Dr. Samson Tam is a technology-oriented entrepreneur who has over 20 years experience in business management. After graduated from the university, he founded his startup and soon launched electronic dictionaries with the brand "Instant-Dict". The company was listed in the Main Board in 1993 with its major business in developing electronic educational products.

Dr. Tam is actively participated in angel investment, covering areas in mobile internet, internet of things and internet health-care. He is also keen on creating an eco-system to nurture startups.

Dr. Tam is now Chairman of Group Sense Limited, Hong Kong Industry-University-Research Collaboration Association and Hong Kong Business Angel Network, Partner of Inno Angel Funds, Vice Chairman of the PRD Council, Federation of Hong Kong Industries. Dr. Tam was an elected member of the Legislative Council of Hong Kong (Information Technology). He was awarded the “Young Industrialist Award of Hong Kong” in 1992 and he was named one of the “Ten Outstanding Young Persons” in 1997.



Panelists

Dr. Meikei Ieong
Chief Technology Officer, ASTRI

Dr MeiKei Ieong joined ASTRI as Chief Technology Officer in January 2016. Before his appointment, he held various leadership positions in Taiwan Semiconductor Manufacturing Company and IBM Research. He holds a PhD degree in Electrical and Computer Engineering from the University of Massachusetts, Amherst and an MBA degree from the MIT Sloan Fellows Program at the MIT School of Management.

Dr Ieong has had rich international experience of managing large and complex R&D projects including marketing, commercialisation. He has published more than 100 papers in journals and conference proceedings and more than 80 patents. He has received more than 2,000 citations.

Dr Ieong has received many awards over his career such as IBM Master Inventor Award, IBM Outstanding Technical Achievement Award, and IBM Corporate Award. He is an IEEE Fellow in recognition of his leadership and contributions to Complementary Metal-Oxide-Semiconductor (CMOS) Device Technology.

Mr. Edwin Keh
CEO of Hong Kong Research Institute of Textiles and Apparel

Edwin is the CEO of the Hong Kong Research Institute of Textile and Apparel. He is also on Faculty at the Wharton School, University of Pennsylvania and at the Hong Kong University of Science & Technology. He teaches and research supply chain operations.

Until April 2010 Edwin was the SVP COO of Wal-Mart Global Procurement. He managed offices in 20 plus countries and sourcing activities in 50 plus countries. Apart from acting as the supply chain spokesman on numerous occasions, Edwin helped put together the Oct 2008 Global CEO Summit on Sustainability in Beijing China.

Prior to Wal-Mart Edwin managed a consulting group that has done work for companies on supply chain, manufacturing, and product design.

The practice also did work for non-profit organizations and charities. His commercial clients included Berkshire Hathaway and Payless Shoes Australia among others. His non-profit work took him to Burma, N Thailand, the Philippines, Laos and China where he worked with schools, orphanages, tribal peoples, and people afflicted by leprosy.

Edwin had a career as senior executive with several US consumer goods and retail companies. He was the Managing Director of Payless Shoesource International, Donna Karan International, and Country Road Australia. He did the start up sourcing for Abercrombie & Fitch and Structure stores. Prior to graduate school, Edwin worked for the United Nations High Commission for Refugees as an editor and resettlement lobbyist.

Edwin serves on the Board of Whittier College, California. He is an Advisory Board Member of HK Chinese University’s System Engineering & Engineering Management Department. He also advised Sequoia Capital China, FACE, a fashion industry charity, and Handa, an NGO that serves the needs of people afflicted with leprosy in China. He advises several other social enterprises, NGOs, and industry groups. He has spoken or taught recently at events at multiple universities in Asia and the US.

Edwin holds several IPs for inventions from research projects at HKRITA. His projects have so far won 4 Global Invention Awards at Geneva’s “Salon International Des Inventions”.2018 & 2019 Edwin is on the Expert Panel of H&M Foundation’s Global Change Award.Edwin is in Debrett’s 2015 “100 Most Influential People in Hong Kong”.

Edwin is the 2011 recipient of the Production and Operations Management Society’s Excellence in Production and Operations Management Practice Award.

In 2012, Edwin along with Professor Marshall Fisher (Wharton), and Professor David Robb (Tsinghua/U of Auckland) co-directed and co-founded the Consortium For Operational Excellence, Greater China (COER GC). The Consortium is sponsored by the Wharton School and Tsinghua University.

Edwin has published a case and a chapter on supply chain; he has been quoted recently in the Wall Street Journal, Bloomberg, and on BBC.

Mr. Jay Liang
Founder and Co-chairman of Hong Kong Blockchain Association

Veteran PE, VC and hedge fund professional with over 25 years in experience from Wall Street to Asia Pacific; successful entrepreneur founding OES Capital Group with over $2 billion AUM; active speaker on trade, public policy and geopolitical issues in US Congress, Chinese American communities, Hong Kong and Taiwan; and contributing social leader as Honorary Chairman of US-China CEO Organization, Founding Chairman of Hong Kong Blockchain Association, Founding Vice Chairman of Taiwan Future Study Society, Founding Executive Director of SoCal Mont Jade Science and Technology Association and previously Asia Pacific Advisory Board Chair for Rand Corporation and Board Member of SoCal Asia Society.

Dr. Collin Wong
Associate Dean of Decision Science and Director of Policy Research Institute of Global Supply Chain, The Hang Seng University of Hong Kong

Collin Wong obtained her Ph.D. in Decision Sciences and Managerial Economics from the Chinese University of Hong Kong. She is highly experienced in research on multidisciplinary topics relating to Business Logistics Planning and Design; Knowledge Management and Decision Support System; e-Business Management; Airport and Airfreight Planning and Management; Greater Bay Area and Belt and Road Initiatives studies.

Dr Wong is an active researcher and she has published in top tier journals in the field, such as International Journal of Production Economics, Transportation Science, and European Journal of Operational Research.

She also engaged in different local and international conferences as Chair /Co-Chair. Besides, Dr Wong has been successfully awarded many external grants, such as Public Policy Research Funding Scheme (PPR) under the Central Policy Unit of the HKSAR Government; the Quality Enhancement Support Scheme (QESS) under the Education Bureau; the Faculty Development Scheme and other Grants under the Research Grants Council (RGC). These grants amounted over ten million dollars.

In 2016-17, she and her colleagues published three research reports: 1) Logistics and Trade Facilitation in Guangdong-Hong Kong-Macau Bay Area, 2) Preventing Marginalization in Air Passenger and Freight Business; 3) Impact of Cabotage Relaxation and PRD Competition to Hong Kong’s Maritime Logistics Industry. They attracted many industry stakeholders and policy makers’ attention and were significantly reported by media.

Recently, Dr. Wong is engaging in the formation of the Blockchain Group, under the Policy Research Institute of Global Supply Chain of the College. The Group is to dedicated to establish research and development collaboration with local and international researchers and practitioners, to study and promote the applications of blockchain technology in supply chain.

17:05 -17:55

Panel Discussion: Future Landscape of Blockchain

  • A study by Gartner predicts that by 2025, the business value-add of blockchain will exceed $176 billion, it also cautions that it would not be until then that investors in the technology could expect large returns. Current uses of blockchain are not entirely ground-breaking as even institutions and enterprises heavily invested in the technology are only conceiving ways to apply progressively and not at the full deprecation of legacy and centralized models that are still heavily in use. Current conversations remain tiringly on what blockchain could be and how it will transform business models and public policies; what is truly worth digging deeper would be efficient ways of scaling blockchain performance and whether blockchain is even the right solution (as opposed to secure ledgers, for example, which are centrally managed rather than decentralized and therefore better-suited for fast and easy deployment).

Moderator

Professor Tim Cheng
Dean of Engineering, Hong Kong University of Science and Technology

K.-T. Tim Cheng received his Ph.D. in EECS from the University of California, Berkeley in 1988. He has been serving as Dean of Engineering and Chair Professor of ECE and CSE at Hong Kong University of Science and Technology since May 2016. He worked at Bell Laboratories from 1988 to 1993 and joined the faculty at Univ. of California, Santa Barbara in 1993 where he was the founding director of UCSB’s Computer Engineering Program (1999-2002), Chair of the ECE Department (2005-2008) and Associate Vice Chancellor for Research (2013-2016). His current research interests include design automation for photonics IC and flexible hybrid circuits, memristive memories, mobile embedded systems, medical image analysis and mobile computer vision. He has co-authored five books, supervised 50 PhD theses, holds 12 U.S. Patents, and published extensively in these areas. He served as Director for US Department of Defense MURI Center for 3D hybrid circuits which aims at integrating CMOS with high-density memristors.

Cheng, an IEEE fellow, received 10+ Best Paper Awards from various IEEE and ACM conferences and journals. He has also received UCSB College of Engineering Outstanding Teaching Faculty Award. He served as Editor-in-Chief of IEEE Design and Test of Computers and was a board member of IEEE Council of Electronic Design Automation’s Board of Governors and IEEE Computer Society’s Publication Board.



Panelists

Mr. Andy Bien
Chief Information Officer, Airport Authority Hong Kong

Currently the Chief Information Officer (CIO) of the Airport Authority of Hong Kong, Mr. Bien has been in the Information Technology (IT) industry for over thirty years.

Trained as an engineer, his technical expertise spans from hardware design, software development to lectureship in tertiary institution. In addition to his technical background, he has gained extensive business and management experience through general management roles in the finance, telecommunication, logistics, transportation and aviation industries.

As Chief Information Officer, he is responsible for the strategic planning and provisioning of IT services to the Hong Kong International Airport and its community. He is also active in engaging community work in promoting IT industry development, green IT, innovation and talent cultivation.

Mr. Bien obtained his BSc Degree (Hons) in Computer Engineering from Queen's University, Canada in 1981 and his MSc Degree in Communication Engineering from Imperial College, University of London in 1986.

Mr. Ian Huang
Convener, Agile Blockchain Consortium

Ian is the Chairman of Co-operatives of Innovative Intellectuals, a non-profit organization in Hong Kong. He is also the convenor of Agile Blockchain Consortium. His current interests include investment in breakthrough/disruptive innovations, promotion of inclusion and innovation management, and visioning the future of business trends and landscapes.

Ian founded XNET Technology in Silicon Valley and served as the Chairman, President and CEO of XNET. He took the company public on NASDAQ (symbol FIBR) with equity investors such as JP Morgan, Citibank, DBS Bank, Jardine Fleming, Hong Leong Malaysia, etc. He successfully setup and operated an international distribution channel in Americas (USA -- California, Texas, New York, Chicago), Canada, Mexico, Brazil, Europe (United Kingdom, France, Germany, Sweden, Italy), Africa (South Africa), Asia Pacific (Australia, New Zealand, Hong Kong, Singapore, Thailand, Indonesia, Malaysia) and Japan.

Ian started his career implementing software algorithms on robotics at Westinghouse Research and Development Center in Pittsburgh, Pennsylvania. He was with Tektronix in Portland, Oregon as Senior Software Design Engineer. Then he joined Shugart Associates (a Xerox wholly owned subsidiary), as the Senior Advisory Engineer, co-invented the SCSI bus (Small Computer System Interface) Ian was the Senior Manager for Computer Design and Engineering at Zilog (a wholly owned subsidiary of Exxon) and he was recruited to join Digital Equipment Corporation in Palo Alto, California as the Senior Engineering Manager and Chief Engineer for the Titan Reduced Instruction Set Computer (RISC), their first internal RISC project. Digital Equipment Corporation relocated Ian to Littleton, Massachusetts, as the Group Manager for the Next Generation Interconnect (“XI”), later known as Fiber-optical Distributed Data Interface (FDDI). Ian left for Hughes Network Systems thereafter as the Vice President of Engineering responsible for the worldwide product strategy, roadmap and engineering.

Ian holds a BS in Electrical & Computer Engineering and an MS in Computer Science, both from Carnegie-Mellon University, and an MS in Electrical Engineering from the University of Portland. He is a graduate of the Advanced Management Program at Harvard University. Ian was the Visiting Chief Architect at the Singapore National Science and Technology Board (now the Agency for Science, Technology & Research). He is a Fellow of the Hong Kong Computer Society and a Fellow of the Hong Kong Institute of Directors. Ian has been an adviser to MIT Technology Review (EMTECH Emerging Technology) since 2015.

Mr. Charlie Kaufman
Network Security Architect, Dell EMC, Seattle

He has been involved with computer networking and security issues for over 25 years, and holds over 50 US issued patents in those fields. At Microsoft, he was the security architect for Windows Azure - Microsoft's Public Cloud offering - where he was involved with all aspects of cloud security, from design through responding to ongoing attacks. At Lotus, he was the chief security architect for Lotus Notes and Domino and later he was responsible for the entire Lotus product suite. At Digital Equipment Corporation, he was the Security Architect for their networking group and later for Digital's UNIX offering.

He has contributed to a number of IETF (Internet Engineering Task Force) standards efforts including IPsec (IP Security Protocol), S/MIME (Secure/Multipurpose Internet Mail Extensions), and DNSsec (Domain Name System Security) and served as a member of the Internet Architecture Board. He is the co-author of the popular textbook "Network Security: Private Communication in a Public World" and served on the National Academy of Sciences expert panel that wrote the book "Trust In Cyberspace".

He received a MS in Mathematics from Dartmouth College.

Dr. Radia Perlman
Chair, Executive Committee, Agile Blockchain Consortium

Recipient of US National Inventor Hall of Fame 2016, US National Academy of Engineering 2015, Internet Hall of Fame 2014. Radia is now with Dell EMC holding the role as Fellow. Radia is also a Senior Fellow of Co-operatives of Innovative Intellectuals, a non-profit organization in Hong Kong.

Radia’s work has had a profound impact on computer networks today. Her work has enabled huge networks, such as the Internet, to be robust, scalable, and largely self-managing. Her research has also transformed Ethernet from a technology that could support a few hundred nodes within a building, into a technology that could support networks of hundreds of thousands of nodes. She has also made important contributions in network security, including robustness despite malicious trusted participants, assured delete, key management for data at rest encryption, DDOS defense, and user authentication.

She has taught as an adjunct faculty at MIT, Harvard, and University of Washington. She wrote the textbook "Interconnections", and co-authored the textbook "Network Security". She holds over 100 USA issued patents. Radia has received numerous recognitions for her achievements, including induction into the Inventor Hall of Fame, lifetime achievement awards from ACM's SIGCOMM and Usenix, election to National Academy of Engineering, induction into the Internet Hall of Fame, and an honorary doctorate from KTH Royal Institute of Technology in Stockholm. She has a Ph.D. in Computer Science from Massachusetts Institute of Technology.

17:55 -18:00

Closing

Mr. Ian Huang
Chairman, Co-operatives of Innovative Intellectuals

Ian is the Chairman of Co-operatives of Innovative Intellectuals, a non-profit organization in Hong Kong. He is also the convenor of Agile Blockchain Consortium. His current interests include investment in breakthrough/disruptive innovations, promotion of inclusion and innovation management, and visioning the future of business trends and landscapes.

Ian founded XNET Technology in Silicon Valley and served as the Chairman, President and CEO of XNET. He took the company public on NASDAQ (symbol FIBR) with equity investors such as JP Morgan, Citibank, DBS Bank, Jardine Fleming, Hong Leong Malaysia, etc. He successfully setup and operated an international distribution channel in Americas (USA -- California, Texas, New York, Chicago), Canada, Mexico, Brazil, Europe (United Kingdom, France, Germany, Sweden, Italy), Africa (South Africa), Asia Pacific (Australia, New Zealand, Hong Kong, Singapore, Thailand, Indonesia, Malaysia) and Japan.

Ian started his career implementing software algorithms on robotics at Westinghouse Research and Development Center in Pittsburgh, Pennsylvania. He was with Tektronix in Portland, Oregon as Senior Software Design Engineer. Then he joined Shugart Associates (a Xerox wholly owned subsidiary), as the Senior Advisory Engineer, co-invented the SCSI bus (Small Computer System Interface) Ian was the Senior Manager for Computer Design and Engineering at Zilog (a wholly owned subsidiary of Exxon) and he was recruited to join Digital Equipment Corporation in Palo Alto, California as the Senior Engineering Manager and Chief Engineer for the Titan Reduced Instruction Set Computer (RISC), their first internal RISC project. Digital Equipment Corporation relocated Ian to Littleton, Massachusetts, as the Group Manager for the Next Generation Interconnect (“XI”), later known as Fiber-optical Distributed Data Interface (FDDI). Ian left for Hughes Network Systems thereafter as the Vice President of Engineering responsible for the worldwide product strategy, roadmap and engineering.

Ian holds a BS in Electrical & Computer Engineering and an MS in Computer Science, both from Carnegie-Mellon University, and an MS in Electrical Engineering from the University of Portland. He is a graduate of the Advanced Management Program at Harvard University. Ian was the Visiting Chief Architect at the Singapore National Science and Technology Board (now the Agency for Science, Technology & Research). He is a Fellow of the Hong Kong Computer Society and a Fellow of the Hong Kong Institute of Directors. Ian has been an adviser to MIT Technology Review (EMTECH Emerging Technology) since 2015.

18:05 -19:30 Cocktail
19:30 -21:00 Dinner