Students at Hyper Island Singapore discuss the future of money
Singapore has just 5.7 million inhabitants yet is widely considered second biggest financial technology (fintech) hub in the world after London. By way of example, the city-state hosted the world’s largest fintech festival last November, with about 40,000 participants from more than 100 countries attending.
The Singaporean government aims to create a world where financial services are built around us, our life and our needs – where identity is human, payments invisible, insurance intuitive and financial advice is integrated. It has allocated substantial sums of money for the realization of fintech projects and is actively addressing cybersecurity risks.
At Hyper Island Singapore, we see the potential of Fintech as the next paradigm shifter in digital, not only in this corner of Asia but worldwide. That’s why we recently challenged our MA students to explore, study and debunk the fintech ecosystem to formulate their own point of view as podcasts.
Adrian, Amrit, Anna, Munir, Ben, Bernice, Echo, Eu Gene, Eddie, Melissa and Ryo all attend the MA Digital Management program. They created these podcast during their latest module, devoted to fintech and unique to our Singapore school. They explored the potential impact of blockchain technology, cryptocurrency, cybersecurity and distributed systems, as well as platform economics, the history of money, the nature of trust, and they even reinvented Monopoly for a fintech world.
“My biggest learning during the Fintech module is how to go deep in the subject by exploring the adjacent fields, sniff for the weakest link in the business and beware that things that seem important now can be meaningless tomorrow.”
“I think is interesting how the Fintech progress is trying to address the present needs for privacy, trust and autonomy. It makes me reflect on other areas where that ideology would come in useful as key players try to evolve the present structures.”
“I really enjoyed making a podcast, because is a format that forces to synthesise our ideas and present in a compelling way. Overall, during this module I gain confidence that I can learn anything quickly with the right tools and mindset.”
“My biggest takeaway is that there are many possible uses of blockchain in a non-finance company and how this technology might transform companies into platforms”