NEWS & VIEWS
Dear reader,
A groundbreaking report titled “Project Wira”, jointly released by BRI Ventures, Saison Capital, D3 Labs, and Tiger Research, predicts a remarkable surge in Indonesia’s tokenised asset market. The study forecasts that demand in this emerging sector could skyrocket to US$88 billion by 2030.
The projection has garnered support from Indonesia’s Financial Services Authority (OJK), which views the nation’s vast commodities market as a fertile ground for tokenization.
Currently, the gold sector dominates the archipelago’s tokenised commodities landscape.
However, the report emphasises that the country’s abundant natural resources hold untapped potential for tokenization. This innovative approach could transform capital-raising mechanisms while boosting Indonesia’s global competitiveness.
As tokenisation gains traction worldwide, Indonesia stands out as a key player ready to unlock the economic benefits of this technological shift.
Sainul,
Editor.
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Indonesia set for US$88B tokenisation boom by 2030: report
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India orders Meta to curb WhatsApp data sharing, levies US$25M fine
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MakeMyTrip buys Happay from CRED
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Portcast secures US$6.5M in Series A to enhance AI-powered supply chain visibility
The investors are Susquehanna Asia, Hearst Ventures, Signal Ventures, Wavemaker Partners, TMV, and Innoport; By leveraging machine learning and advanced LLM, Portcast offers actionable insights through an easy-to-integrate API and portal.
Secai Marche adds US$1.6M to Series A round to double down on Southeast Asia
The investors include Mitsui Sumitomo Insurance VC, The Shizuoka Bank, and The Hokkoku Bank; The startup plans to expand its fulfilment centres, use AI to enhance the accuracy of demand forecasts and automate and optimise last-mile deliveries.
Sahabat-AI initiative aims to leapfrog Indonesia’s digital sovereignty
Projects such as Sahabat-AI intend to highlight the country’s commitment to harnessing technology for socio-economic progress.
Crypto exchange OKX integrates SGD in partnership with DBS
The service, unveiled Monday, connects the exchange with the local financial system using payment services facilitated by DBS Group.
FEATURES & INTERVIEWS
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Startup ecosystem in Indonesia defies innovation potential expectation in new global report
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Echelon Philippines 2024: Expanding Web3 applications for real-world challenges
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OwlySearch recently earned recognition as one of the top 10 startups in the L’Oréal Big Bang Beauty Tech Innovation Program.
FROM THE ARCHIVES
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Charting your equity course: Navigating funding rounds for startup success
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Corporate venture funding models: Determining the sweet spot between risk and control
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From classroom to boardroom: How Singapore’s universities nurture future investment leaders
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Interpreneurs: The key to successful global growth
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Cultivating an honest culture: Why leaders should be transparent
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How to scale talent in Southeast Asia during unprecedented times
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Employee burnout is real and why it needs to be taken seriously
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Avoiding costly mistakes: How cognitive biases can affect entrepreneurs
How exactly do cognitive biases and noise affect entrepreneurs, and how can we reduce decision-making errors within the business landscape?
Why it’s time to hit ‘refresh’ when it comes to addressing the gender diversity gap in the IT sector
To help address gender balance, a concerted effort needs to be made to make tech professions more enticing to young women and girls.
Managing talent in an economic downturn
HR leaders need to balance the competing realities of the Great Resignation and an economic slowdown, which could necessitate furloughs and cost-saving measures, that would impact employees.
The future of job market: Dramatic changes and cultural shifts
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How home-based care is changing the face of the health sector
Speedoc is a virtual clinic and healthcare solutions platform that allows users to seek medical care and services from home.
Where is Southeast Asia’s digital healthcare headed?
Unlike the global macro markets which are correcting amidst rising investor uncertainty, healthcare in Southeast Asia is showing strong growth.
How is AI transforming the future of cancer diagnosis
The synergy of human and AI-based insights in cancer pathology can open avenues for early cancer detection for better patient-specific assessment and treatment.
How I nurtured and scaled a mental health ecosystem during the pandemic
We are exploring how we can provide a Safe Space in both the physical and virtual world, such as the metaverse, with a seamless experience.
Shaping the future of healthcare with smart hospitals
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How telemedicine can revolutionise the veterinary world?
Telemedicine has been commonly practised in healthcare for humans, but adopting such technology for pets is still relatively new.
How I nurtured and scaled a mental health ecosystem during the pandemic
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THOUGHT LEADERSHIP
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The post Ecosystem Roundup: Indonesia set for US$88B tokenisation boom by 2030 | India levies US$25M fine on Facebook | Portcast secures US$6.5M appeared first on e27.