Blockchain technology is set to revolutionize numerous industries, from finance and healthcare to energy and government services. According to Lin Fuyuan, President of Silicon Valley Taiwan Angels, this transformative technology will redefine global financial ecosystems and create new value chains across sectors.
The Expanding Horizon of Blockchain Applications
Lin Fuyuan's investment philosophy focuses on identifying teams with core capabilities and genuine expertise rather than chasing opportunistic trends. He emphasizes that while many have successfully issued tokens, true value lies in sustainable innovation, not merely riding market waves or leveraging celebrity influence.
One notable success story from his portfolio is TBCA, a company specializing in cross-border mobile payments. Similar to VISA in the credit card industry, TBCA connects mobile payment institutions worldwide using blockchain technology. The company has already expanded into Japan, Taiwan, and South Korea, with plans to enter Singapore, Hong Kong, Thailand, and Malaysia soon. This expansion demonstrates the practical, large-scale applicability of blockchain in global finance.
As international landscapes grow increasingly complex, reliable foundational systems become more critical. Blockchain-based supply chain management, for instance, can create entirely new ecological and value chain structures. Whether in healthcare, information security, energy, real estate, education, entertainment, or government services, blockchain-powered solutions are gradually playing vital roles in both new systems and upgraded legacy infrastructures.
Cryptocurrency: Balancing Certainty and Uncertainty
The cryptocurrency market presents both opportunities and challenges. Lin points out that government overprinting of currency often devalues traditional assets, making limited-supply cryptocurrencies like Bitcoin attractive alternative investments. Unlike fiat currencies, Bitcoin's finite existence protects it from political manipulation and artificial inflation.
However, the market remains volatile, particularly due to influence from political figures. Lin acknowledges that while some leaders champion cryptocurrencies, their positions can change rapidly, creating uncertainty for investors. Those entering the crypto or fintech space must be prepared for this inherent unpredictability.
For those looking to explore more strategies in cryptocurrency investment, understanding both the technological foundations and market dynamics is essential.
Silicon Valley Taiwan Angels: A Decade of Strategic Investment
Lin also introduced Silicon Valley Taiwan Angels, a ten-year-old organization comprising 22 highly successful Taiwanese-American entrepreneurs and investors. Members include industry legends like Gong Xingxian, known as the "father of fiber optics," and biomedical investment expert Kong Fanjian. Their collective experience offers valuable insights for startups seeking guidance.
For entrepreneurs aspiring to secure angel investment, Lin advises avoiding unrealistic ideas and trend-chasing. Instead, founders should develop mature, well-thought-out concepts. While Silicon Valley Taiwan Angels may not guarantee overnight success, they can help newcomers avoid common pitfalls and learn from past mistakes.
Frequently Asked Questions
What industries are most likely to benefit from blockchain technology?
Blockchain applications are expanding beyond finance into healthcare, supply chain management, energy, real estate, and government services. Its ability to provide transparency, security, and efficiency makes it valuable across sectors.
How does cryptocurrency protect against inflation?
Cryptocurrencies like Bitcoin have a fixed supply, unlike fiat currencies that can be printed indefinitely. This scarcity helps preserve value, especially during periods of economic uncertainty or government overprinting.
What should startups focus on when seeking angel investment?
Startups should emphasize core capabilities, mature ideas, and sustainable business models rather than chasing short-term trends. Investors look for teams with genuine expertise and long-term vision.
How can blockchain improve supply chain management?
Blockchain enables end-to-end transparency, reduces fraud, and improves traceability. It can streamline processes, lower costs, and create new value chains by connecting stakeholders more efficiently.
Is now a good time to invest in cryptocurrency?
While cryptocurrencies offer significant potential, they also come with volatility and regulatory uncertainties. Prospective investors should view real-time tools and conduct thorough research before committing funds.
What role do political factors play in cryptocurrency markets?
Political endorsements or criticisms can significantly impact cryptocurrency prices and adoption. However, these influences are often unpredictable, making it essential for investors to stay informed and cautious.