Patrick is an innovative entrepreneur and a lawyer passionate about cryptocurrencies and the business world. He is the CEO of Novum Global Technologies, a cryptocurrency quantitative trading firm. He understands the business concerns of founders and business people helping them to utilise the legal framework to structure their companies to take advantage of emerging technologies such as the blockchain in order to reach greater heights. His passion for travel, marketing and brand building has led him across careers and continents. He read law at the National University of Singapore and graduated with Honors in the Upper Division and joined one of Singapore’s top law firms, Allen & Gledhill where he was called to the Singapore Bar as an Advocate & Solicitor in 2005. He created Purer Skin, a skincare and inner beauty company which melds the traditional wisdom of ancient Asian ingredients such as Bird's Nest with modern technology. In 2010, his partner and himself successfully raised $589,000 from the National Research Foundation of Singapore under the Prime Minister’s Office. He has played a key role in the growth of Purer Skin from 11 retail points in Singapore to over 755 retail points in Singapore and 2 overseas in less than a year. He taught himself graphic design, coding, website design and video editing to create the Purer Skin brand and finished his training at a leading Digital Media Company.
Global trade still relies on slips of paper, not far different from the stone tablets used in Ancient Babylon, but the coronavirus pandemic could encourage the adoption of blockchain technology to digitize the archaic business.
China holds more U.S. Treasuries than any other country in the world.
China renews its push for an increased global role for the yuan and the coronavirus pandemic may be just what the digital yuan doctor ordered.
The use of alternative data for cryptocurrency trading is not new — in fact it’s sometimes the only data available, but the trend to rely on the “alternative” has spilled over into the financial markets as hedge funds search between the couch cushions for any edge they can find.
The Chinese yuan has been one of the world’s most stable currencies, helping its appeal as a digital currency as well.
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