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Beware of creating solutions to problems that don't exist: SGX's Loh

Jovi Ho
Jovi Ho4/21/2022 08:32 PM GMT+08  • 4 min read
Beware of creating solutions to problems that don't exist: SGX's Loh
"I believe it is more important for us to look at how we can leverage the technology behind crypto and digital assets."
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While there is growing interest in emerging digital technologies like cryptocurrency and decentralised finance (DeFi), its promises cannot be realised in a single step.

Instead, the centralised and decentralised financial markets — the proverbial old and new worlds — will have to co-exist, says Loh Boon Chye, CEO of SGX Group. “We will need to see how we can bring the best of these two worlds together.”

Citing the adoption of cloud technology, he says Singapore’s financial industry should be mindful not to jump the gun with new technology, but rather, focus on engaging customers and stakeholders.

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