The blockchain and cryptocurrency markets have grown rapidly in recent years. The crypto market has seen an unprecedented increase in the number of users in every country in the world, from large institutional investors to small retail investors, from users looking for huge profits to people looking for alternatives safer and less expensive banking transactions.
Asia has been identified as a center of bitcoin adoption and acceptance by research. Vietnam, India, and Pakistan are leading the crypto adoption phase, according to an analysis by the Chainalysis 2021 Global Crypto Adoption Index.
The recent craze around blockchain, digital currencies, and ICOs has been spurred by innovative and groundbreaking blockchain and crypto projects. And some of these innovative projects are led by influential Asians who are disrupting the blockchain industry. Here are some of the most influential Asians in the blockchain space and how each person plays a vital role in the development of the blockchain and cryptocurrency field.
Changpeong Zhao – Founder and CEO of Binance
Changpeng Zhao, popularly known as “CZ”, is the founder and CEO of Binance, the world’s largest cryptocurrency exchange with an average trading volume of 2.0 billion.
Binance guarantees a high level of safety and security with a multi-tier and multi-cluster architecture, and offers high processing throughput – the crypto exchange platform has a processing power of over 1,400,000 transactions per second (TPS).
Basically, Binance supports crypto-to-crypto trading in over 600 cryptocurrencies and virtual tokens, including Bitcoin, Ethereum, Litecoin, Dogecoin, and its own native token, Binance coin (BNB). The exchange offers low transaction fees for cryptocurrency exchanges.
The platform not only provides a crypto wallet for traders to store their e-funds, but also supports services for users to earn profit or transact using crypto. Moreover, it offers programs for miners and traders.
Changpeng Zhao started Binance in 2017. CZ moved to Canada at an early age with his family after being born in Jiangsu, China. Changpeng Zhao started Fusion Tools, a company that created high-frequency trading systems for stockbrokers, in Shanghai in 2005 before Binance was introduced. He joined the Blockchain.info team, which created the cryptocurrency wallet, as the third member in 2013. Additionally, he served as CTO of OKCoin, a spot trading platform between the fiat currency and digital assets. At McGill University in Montreal, Quebec, CZ majored in computer science.
Justin Sun – Founder and CEO of TRON
Justin Sun is the founder and CEO of TRON, one of the largest blockchain-based operating systems in the world. TRON is a blockchain-based decentralized operating system with smart contract functionality and a proof-of-stake algorithm. Initially, the native token – TRONIX (TRX), was an ERC-20 token based on Ethereum, however, it changed its protocol to its own blockchain in 2018.
TRON is the fastest growing public chain in the world with over 96 million accounts and 3.3 billion transactions. Founded in 2017, TRON aims to build an efficient, scalable and profitable decentralized ecosystem. Since then, it has become one of the most active open blockchain and smart contract platforms in the world.
With approximately 41.7 billion USDT in circulation, the stablecoin TRON protocol has the highest volume, accounting for more than half of the total amount of USDT in circulation. With the two major players in the market, a decentralized stablecoin and a USD-compliant stablecoin, it has established a stablecoin empire supported by four pillars: USDT, USDC, USDJ and TUSD.
Justin Sun is a serial entrepreneur and very popular in the blockchain industry. He is the founder of TRON Foundation, a non-profit organization in Singapore, and has served as Managing Director of Rainberry Inc dba BitTorrent since June 2018. Justin previously led Ripple’s business development in China. He also founded Peiwo – a popular live chat app in China with over 10 million registered users, serving as CEO until July 2017. In 2014 Justin became a Davos Global Shaper and featured on Forbes 30 Under 30 China and Forbes 30 Under. 30th Asia list in 2017.
Justin Sun received his BA in History from Peking University in 2011 and he received his MA from the University of Pennsylvania in 2013.
Suki Chen — Founder and CEO of Streakk
Suki Chen is the CEO of Streakk, a truly decentralized platform unlocking the maximum potential of crypto. The biggest advantage of streakk is its decentralized approach. The platform is supported by a unique technology – Streakk Integrated Node Cluster (INC).
Streakk Integrated Node Cluster is the integration of reputable and reliable nodes into a single wallet. Built-in node cluster guarantees increased crypto income – It allows crypto users to earn on 20+ blockchains by keeping crypto in their wallet and with the ability to add or withdraw funds at any time , anywhere. Additionally, using Streakk’s 3rd generation blockchain, the platform aims to disrupt the financial ecosystem. Streakk’s 3rd generation blockchain is super fast, highly scalable and secure. Unlike other blockchains, Streakk offers over 100,000 transactions per second (TPS), a flat fee of $0.0001, as well as a transaction confirmation time of 2-4 seconds.
Suki Chen is passionate about Blockchain technology, art and investing. He is a seasoned entrepreneur with a proven track record. Suki had been involved in numerous G-level advisory boards and discussions, state-owned enterprises, and some of the largest conglomerate companies for blockchain technology implementations. He is currently an advisor to Singapore, the Philippines and other Southeast Asian governments for the implementation of Blockchain. He has advised and helped launch 5 successful blockchain projects and helped them raise over $600 million.
Suki Chen has also founded a number of companies and education centers in Southeast Asia. He was co-owner of Hotel De La Paix, Cambodia. He founded Stellar Agency, an award-winning agency that has trained over 10,000 financial consultants, managers and directors in 16 countries. Additionally, he has received several awards from various prestigious organizations in the Singapore and Southeast Asia region – Top National Director (2014) by FWD Insurance, Hong Kong, and Platinum Lifetime Achievement Award (2016) by Hanwha Life, South Korea.
Suki has traveled across the Southeast Asia region speaking and lecturing on various topics such as blockchain, leadership, business development as well as mental health. An avid art collector, Suki also runs an art gallery in Singapore.
Bill Shihara — Co-founder and CEO of Bittrex
Bill Shihara is the co-founder and CEO of Bittrex, one of the largest crypto trading platforms and exchanges in the world. Bittrex aims to operate a world-class cryptocurrency exchange with an emphasis on security and trust.
Founded in 2014 by three cybersecurity engineers, Bittrex became the first exchange to promote trust by putting a human face to a blockchain platform. The crypto exchange prides itself on being market-neutral, having listed and supported hundreds of different cryptocurrencies on its platform as well as fast trade execution and reliable digital wallets, all protected by security guards. state-of-the-art security practices.
The exchange uses a multi-stage elastic wallet strategy that keeps 80%-90% of all funds offline. Trading fees are 0.25% and withdrawals are 100% free and subject only to the transaction fees specified in the particular cryptocurrency’s blockchain.
Bill Shihara holds an engineering degree from the University of Southern California. Before Bill co-founded Bittrex, his first crypto-based company was GiftcardBTC. The idea behind the platform is to simply sell gift cards for BTC and take a percentage on top. However, Bittrex was launched when the team realized that there was no programmable way to switch from LTC to BTC on the platform.
Bill Shihara was previously head of security engineering at Amazon and head of security threat analysis and security engineering at BlackBerry. He led the anti-malware and security automation strategy for the BlackBerry ecosystem to protect customers against threats before they were launched.
Prior to working at BlackBerry, Bill Shihara spent 11 years at Microsoft working on the Windows operating system and the Trustworthy Security team. Currently, he is an advisor to StormX and General Crypto – a cryptocurrency hedge fund.
Charlie Lee — Founder and CEO of Litecoin
Charles Lee is a computer scientist, best known as the creator of Litecoin, which is a peer-to-peer cryptocurrency that enables near-zero cost instant payments to anyone in the world. Charles is the CEO of the Litecoin Foundation.
Litecoin (LTC) is a peer-to-peer cryptocurrency and open-source software project released under the MIT/X11 License. In October 2011, Litecoin was one of the first bitcoin altcoins, and the most significant difference is that it takes Litecoin 2.5 minutes to process a block, or transaction, compared to Bitcoin’s 10 minutes. Due to its ease and speed of transaction, this allows Litecoin to confirm transactions four times faster than Bitcoin. Litecoin is currently among the most accepted and valuable cryptocurrencies in the world. Due to its ease and speed of transaction, Litecoin is currently one of the most accepted and valuable cryptocurrencies in the world.
Since July 2013, he has also worked as Director of Engineering at Coinbase. Prior to that, he was an engineer at Google working on YouTube Mobile, Google Play Games, and Chrome OS. He holds bachelor’s and master’s degrees in computer science from the Massachusetts Institute of Technology (MIT).
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