[blochchain in SEA] Blockchain 4.0 puts power in the hands of People
online interview
122days ago


Time:11/15  18:00

Wechat group: BlockChain-in-SEA

Guest: Ronald Aai, Malaysian-born Blockchain tech. Expert, Founder & CTO of Singapore-based Bit Beta Pte Ltd

Host: Andy Zheng, Beecast CEO



Andy Zheng: Good evening, everyone! I am Beecast CEO, Andy Zheng.

Welcome to the leading blockchain community media [Beecast] and join us with 5000+community&1000000+Beecasters in [Blockchain in SEA] to discuss blockchain technology and industry development.

This the second phase, topic: Blockchain 4.0 puts power in the hands of People.

Guest: Ronald Aai

Mr. Ronald Aai, the Malaysian-born founder and Chief Technical Officer (CTO) of Singapore-based Bit Beta Pte Ltd, who is a serial entrepreneur in the new world industry for the last twenty five years. He successfully built several internet businesses and has been developing new technologies for social media, payment, mobile wallets, mobile phones, telco systems, IOT solutions and blockchain technology. Ronald has several IP filed under his name related to mobile software development.


Andy Zheng: Mr. Ronald, you succussfully built several internet businesses in your early career, and now became the Founder & CTO of Singapore-based Bit Beta Pte Ltd, which is a blockchain project company. What made you step into blockchain industry? please introduce yourself and your experiences?

Ronald Aai: My credentials and experience can be found online, so I don’t think I really need to write about them here. So instead I’ll write about what’s not online.

In 2016 I started a financial technology (fintech) company with Anthony Lau as CEO and Francis Aw as COO. We were purely focused on delivering basic banking facilities to the unbanked market in Indonesia via digital wallets.

Through a contact, we were presented with an opportunity to solve a problem for a company that wanted to extend the blockchain onto mobile handsets. Due to an NDA, I cannot name the company. However, I can say that they have just signed a deal with a huge telecommunications company to embed their decentralized application (dApp) into phones.

Anyway, to do this job for the client we had to first learn what a blockchain was. We had assumed, like many others, that “cryptocurrency” and “blockchain” were synonymous; the same thing. We took three months to study the 30 blockchain platforms that were around but we couldn’t find a solution that could work for the client’s requirements. This is because the early blockchains are flawed by their inability to scale, their various inefficiencies, and other problems. More recent blockchains are much better, but they still don’t address real-world problems.

So, we didn’t plan to go into blockchain. Rather we were asked to investigate it by that client, and then, based on word-of-mouth, many other people wanted our help. Eventually we decided that we could and should build a platform that would help our clients achieve their visions. Bit Beta Blockchain System (BBS) is that platform.


Andy Zheng: Mr. Ronald has long started mobile phone bottom technology development in Asia, with a wealth of experience in large-scale team development in the cloud, payment, security, and other areas. Blockchain is considered to be the second revolution of the Internet. As a former traditional Internet practitioner, from your personal perspective, what impact does your previous experience have on your current development of blockchain technology?

Ronald Aai: Just like a client server solution, a blockchain is another way to give participants some control over how the solution is executed.

Because I was involved in deep tech to build mobile handsets during my early days, I had to study the telecom networks and their technologies. (Many engineers now rely on SDKs.) We had to learn from this huge telecom manual from Bell Labs. The good thing is that now I have a patent on data-less mobile push, which I came up with for one of my projects to create an alternative to Blackberry push-email which at that time needed to connect to the server through a different band.

This allowed us to create the blockchain 4.0 for mobiles, which doesn’t need to connect to the platform all the time; only when there is an event trigger. Long story short, all telecom traffic runs over SS7. We use the MTP in the SS7 protocol suite to achieve our objective. This allows us to build a blockchain network on a mobile platform rather than the general internet which is used for everything else.


Andy Zheng: Starting from Bitcoin, blockchain goes through the generations from 1.0 to 3.0, much of the debate is now focused on blockchain 3.0 and 4.0. Why is Bit Beta called new fourth-generation blockchain? What's its comparative advantage? What is the direction of blockchain 4.0 in your opinion?

Ronald Aai: My co-founders and me all have a common dream; to make blockchain a part of everyday life. To achieve this, blockchain needs to be an underlying technology embedded into everyday life, such as plumbing and electrical circuits in every building or indeed the technology everyone holds in the palm of their hands. Everyone has a smartphone; but most people have no idea how it works. It just does. And people use them; day in and day out.

Blockchain must be the same way, and we believe it is with BBS.

Our fourth-generation blockchain, BBS, will let consumers use their phones to pay for things, conveniently, just as many people already do. But BBS comes with all the additional advantages of blockchain, such as the ability to spend their local fiat currency efficiently and across borders without incurring massive intermediary charges, and without all the problems of early generations of blockchain. Moreover, ordinary people will earn real value as “witnesses” (“miners”) to others’ transactions without requiring any special knowledge. (No more power-hungry “mining” devices!)

BBS-enabled businesses will be able to bundle these consumer benefits into loyalty programs, consolidate and integrate BBS' ledgers of transactions into their internal processes for accounting and reporting, maintain high standards of transparency to meet regulatory requirements, and enjoy near-instant transaction settlement.

We focus on leveraging the relationship that businesses and consumers have on existing payment infrastructures but improving upon it; making it highly optimized and decentralized; bringing organizations and their stakeholders CLOSER together. That’s why we say we’re “bringing blockchain to work, play, and life”.


Andy Zheng: Can you share with us your understanding of the development of blockchain technology in Southeast Asia? What do you think is the main technical problem for most blockchain projects in Southeast Asia and even around the world?

Ronald Aai:  Greed and a limited understanding of blockchain is the main problem. It’s not technical. It’s human. In some circles, blockchain is more than a technology; it’s a culture; it’s a cult; and it's often very unhealthy. Every new project is trying to make a killing from raising money from investors who only think of one thing: making money! How can a blockchain project be for the people when it’s supported by investors who only want to make money?

That’s why we are doing things differently. We want people to discover our technology for themselves and believe in it and love it like we do. We want organizations to roll out BBS-based solutions and watch their stakeholders or customers pick them up and use them without any idea that it is blockchain-based, because it’s that easy and intuitive.

We might grow slower than other projects; or slower than some might want us to; but we believe this is the best way to build a stable and sustainable project. 


Andy Zheng: Since September, the concept of stable currency has become popular, and a number of organizations have launched a large number of stable currency projects. What does Mr. Ronald think about the emergence of stable currency? What do you think is the relationship between the rapid development of blockchain technology and the development of digital currency?

Ronald Aai: Older badly-designed blockchain platforms come with many problems. One of them is called token valuation. For blockchain platforms to raise money they need the token value to be volatile, which is not good for normal transactions. It becomes just a big gambling scheme. That’s why governments are stepping in to protect their citizens.

So Stable Tokens are supposed to address that transactional problem, with TUSD, GUSD, DUSD, et cetera. Those are just ways and means to have a token pegged to USD. It depends on how well these stable tokens are governed.

When there is money to be made, there will be opportunists trying to solve the issue. When there is no money to be made and still people jump in to solve the issue, then it’s really a great day for the blockchain community.


Andy Zheng: As a senior IT industry expert, whether in terms of technical development or career development, what suggestions do you have for the future development of blockchain technology developers?

Ronald Aai: My advice is for everyone, not just technologists and developers: Don’t get caught up with hype and FOMO! Understand the basics and the foundations and the PURPOSE of the technology. Blockchain, so long as it’s tied to “cryptocurrencies”, will come and go like the “.COM bubble”. Right now it’s all manipulated by organizations to make money. Go with the flow; with purpose.


Andy Zheng: What is your vision for the future of yourself and your currently running blockchain projects? Is there a specific development plan for the next step?

Ronald Aai: We want to change the world without selling out our beliefs. Integrity is important to us. It will be a long and painful road but those that know us and have engaged with us are supporting us because we are bringing technological change for good, purposeful reasons. We hope there are many like-minded entrepreneurs, investors, and engineers like us who prefer getting a job done for the right and the good rather than for greed. The next step and all future steps for us is to open our doors to those people. We hope to hear from them.


Andy Zheng: As a senior preacher in the blockchain field, you may have come into contact with a lot of people in the industry. Are there anyone you admire, and why? Beecast currently covers 250 cities in 15 countries, 5,000 community nodes, 1 million users , and hope to invite more big names to [Blockchain in SEA] to share the blockchain to promote the development of the industry. If Mr. Ronald introduces one or two guests, who would you recommend to Beecast to share?

Ronald Aai: When i first started the journey to blockchain, i have met many "investors" / "experts" but most of them on telling us how to make money. However about 8 months ago i met a very interesting self made enterpreneur. called 赵胜老师, Mr. zhao sheng, who is the founder of WBF. He for one wants to really promote blockchain to the people. under his guidence i learned much. so i recommend him.

Another person who i've known for a long time and my current and also CEO of WBF mr. anthony lau, he is well know in the video gaming industry as he is from nvidia. He has been in the video gaming industry for over 20years, so i recommend him. Video gaming and tokenization for blockchain has a very similar concept.

Q & A

Q1: What do you think the definitions of the third generation blockchain and the fourth generation blockchain?

Ronald Aai: 3rd generations purely focuses on speed,but none of them achieve real speed.for instance... MAC.. they utilize nDpos to do sharding....with the help of ANN (artificial neuro networks)to speed up the transactions...think of it... like building a 100 lane highway that goes 1 direction.

Then, the 100 lane at the end becomes the number of ndpos lanes maybe 10? then these 10 lane highway need to criss-cross data.so it will slowdown from 100 to 10 to 1,other solution are similar like zalliqa,and also EOS. None of them achieve any speed boost in the end. because their data is not bi-directional.

We thought hard on this issue and we know the solution lies in bi-directional data + parallel atomic chains, so we created a very simple network based on cisco routers that sits on BGP networks. hence you can call it our own blockchain network.

We loaded in 10k IOT devices + smartphones ( IOT = ESP8266, ESP32, MT7688 SOC) to test out this network, and we truly achieve over 1million tp/s on an external network with wifi and 2g/3g/lte. Our slow 2g network device will not delay the entire network like what plagues gen1/gen2 bitcoin/ethereum/nem/etc. Because we don't need to sync the ledgers like how block lattace type blockchain is.

The other issue with having many clients in the network is that how to communicate with each of them. 100% of the platform uses TCP, which requires 3way handshake to establish and transmit data. However this will slow down the system. example. you have 100 clients you need to send data to... the supernodes will need to loop thru 100 clients to send the same data over and over again and wait for a reply ... we called it SYNC.

Some platform like block lattace type uses ASYNC, which means they send the request and they don't wait for reply. We use MTP a layer 2 frame instead of a packet to broadcast 1 time to all clients in the network... noneed to loop. So because the MTP frame is also part of the network which SS7 runs on... we inject packets to the SS7 network to wake up the phones which is necessary to wake up to retrieve the frame. Speed is effected by protocol, client and network. everyone uses the same protocol, different client but same network. we redesigned everything from ground up.


Q2: What’s your belief in the blockchain? From your perspective as a blockchain technologist, what will be the future world look like when the blockchain industry is highly developed?

Ronald Aai: To me blockchain is just another system design concept, and they will be many like this coming along the way, a flawed system design concept. Let me give you an example, in the 80s, we use BATCH programming, to sync data with the server, but BATCH programming is slow, because we take chucks of data from time to time to SYNC. Does this look familiar with blockchain?

bitcoin = 10mins block; ethereum = 15sec block; eos = 500ms block

Those tech are no longer valid in todays network which is fast and can handle bi-directional data, and real-time.

blockchain gen 1/2/3 = walkie-talkie...

blockchain gen 4 = wechat / communication / community

I was giving a talk in NYC and down at the audience i saw samson mow. Well I think he's drowned himself in the gen 1 blockchain problems, good luck to him. Same thing i told vitalik, the way his foundation runs, no one dares to modify the code, so it's like puting a bandages over bandages. How can things be fast.


Q3:What are your views on the future of the blockchain industry in Southeast Asia?

Ronald Aai: When there is money to be made, more opportunies will emerge to drain it dry. 

Opportunist, don't get sucked into the hype. 

Blockchain is just another technology that will blend into community, like how you use gmail today.


Q4:What areas do you think the future blockchain landing application will focus on? Or is it just a flash in the pan?

Ronald Aai: i think more dapps will appear to solve problems which are generated by poorly designed gen1/2/3 blockchain platforms. which many people have heavily invested into, can't break out from the cycle to say it's not working let's scrap it and have something really working, that's what .com reboot did.

People now 钻牛角尖 on badly design blockchains, and many dapps to solve those really unsolvable problems.


Ronald Aais advices

1. When you find any platform that says it's free no fee.. then that platform will not succeed. because there is a cost to run a platform

2. when you find a platform that has mining... don't go into it, as it don't benefit the users. it only benefits the miners and investors.

3. when you find a platform that have the buyer pay for the fee, don't go into it as it's not logical for the buyer to pay more for what he should pay, when the seller is making the money.

4. commerce is simple regardless the platform, there must be a buyer and seller and seller pays for a fee to maintain the network. If some part of the fee is given back to the participants of the network (buyers) by the seller then it's a fair and good platform.

[blochchain in SEA] 区块链4.0,把权力交给人民


对话时间:2018 年 11月 15日 18:00



Ronald Aai


新加坡Bit Beta 有限公司创始人兼CTO


东南亚BeeCast CEO


开 场

郑西平:各位Beecaster,大家晚上好!我是东南亚Beecast CEO郑西平。

欢迎大家来到领先的区块链社群媒体【Beecast】,与5000+社群1000000+Beecasters一起参与【Blockchain in SEA】节目,探讨区块链技术与行业发展。本期是Beecast【Blockchain in SEA】第2期,主题:区块链4.0,把权力交给人民

嘉宾:Ronald Aai。

Ronald Aai,马来西亚裔区块链技术专家,新加坡Bit Beta私人投资有限公司创始人和首席技术官,25年连续创业家,成功创建数个互联网企业,并一直在为社交媒体、支付、移动钱包、移动电话、电信系统、IOT解决方案以及区块链领域开发新技术。其名下拥有多个移动软件开发相关的IP文件。


问 答

郑西平:Ronald先生,您在早期职业生涯中成功地建立了数个互联网企业,现在是新加坡Bit Beta 私人投资公司的创始人和首席技术官,运营区块链项目。是什么让您踏入区块链行业?请介绍一下您自己以及您的经历?

Ronald Aai: 我的资历信息可以在网上找到,或许没必要在此详说,所以我想讲讲其他的东西。

2016年,我开办了一个金融科技公司,由Anthony Lau担任首席执行官, Francis Aw担任首席运营官。我们完全专注于通过数字钱包向没有银行的印度尼西亚市场提供基本的银行设施。



所以,我们当时没有计划投入区块链,但是,我们被那位客户要求调查研究区块链相关的技术,之后,基于口碑,又有许多人寻求我们的帮助。最后我们决定,可以且应该建立一个平台,帮助我们的客户实现他们的愿景。Bit Beta BlockChain系统(BBS)就是这个平台。



Ronald Aai: 就像客户端服务器解决方案一样,区块链也是另一种方法,让参与者决定解决方案的执行方式。




郑西平:区块链从比特币开始兴起,经历了1.0到3.0时代,如今,人们的热烈讨论多集中于区块链3.0和4.0,Bit Beta为什么被称为第四代区块链?它的相对优势在哪里?在您看来区块链4.0的发展方向是什么?

Ronald Aai: 我和我的合伙人都有一个共同的梦想:让区块链成为日常生活的一部分。要实现这一点,区块链需要成为嵌入日常生活的底层技术,例如在每一栋建筑里都有水管装置、电路,或者说每个人掌握的技术都在他们的手中。每个人都有智能手机,但大多数人都不知道智能手机是如何工作的。







Ronald Aai: 贪婪和对区块链的有限理解是主要问题,这不是技术问题,而是有关人性的。在某些圈子里,区块链不仅仅是一种技术,它是一种文化,是一种狂热崇拜的信仰,常常是非常不健康的。很多新项目都只想到一件事:赚钱!当一个区块链项目是为人们服务的时候,它又是如何为人们服务的呢?通过那些只想赚钱的投资者吗?





Ronald Aai: 就像许多老旧的、设计糟糕的区块链平台一样,它也存在许多问题,其中之一就是通证估值。要想让区块链平台筹集到资金,它们需要通证价值的波动,这对正常交易是不好的。这只是个大赌博计划,这就是为什么政府介入保护公民的原因。

所以稳定的代币应该能解决这个问题问题,有TUSD, GUSD, DUSD等。这些只是将货币与美元挂钩的方式,取决于这些稳定的通证被治理得有多好。




Ronald Aai: 我的建议是给每个人的,不仅仅是技术人员和开发人员:不要被炒作和FOMO所吸引!了解技术的基础和目的。区块链,只要它与“加密货币”有关,它就会像“.com泡沫”一样来来去去。现在这一切都是被组织操纵来赚钱的。要跟随趋势,更要有的放矢。



Ronald Aai: 我们想要改变世界而不出卖我们的信仰,正直对我们很重要。这将是一条漫长而痛苦的道路,但那些认识我们并与我们合作的人支持我们,因为我们带来的技术变革是出于好的、有目的原因。我们希望有许多志同道合的企业家、投资者和像我们这样的工程师愿意为对的、好的而非贪婪的人和事工作。我们下一步和今后的所有步骤是向这些人敞开我们的大门,我们希望能听到他们的声音。


郑西平:Ronald先生作为资深的区块链领域布道者,应该接触过很多行业内人士,其中是否有您欣赏和佩服的从业者,为什么?Beecast目前覆盖15个国家250个城市、5000个社群节点、用户100万+,希望通过[Blockchain in SEA]邀请更多的大咖来社群分享区块链,以推动整个行业进一步的发展,如果Ronald先生引荐一两位嘉宾,您会引荐谁来做客Beecast进行分享?

Ronald Aai: 当我第一次踏上“区块链”的征程时,我遇到了许多“投资者”、“专家”,但他们中的大多数人都在告诉我们如何赚钱。然而,大约8个月前,我遇到了一位非常有趣的企业家,WBF创始人赵胜老师。他是真的想向人们推广区块链的人,在他的指导下我学到了很多东西,所以我推荐他。

另一个我认识了很久的人是WBF以及BBS现在的CEO,Anthony Lau,他在电子游戏界很有名望,也很了解该领域。他从事电子游戏行业已经有20多年了,所以我推荐他。其实视频游戏和符号化区块链有一个非常相似的概念。



Ronald Aai: 第三代纯粹关注速度,但它们都没有达到真正的速度。例如MAC,他们利用nDpos来做切分,在ANN(人工神经网络)的帮助下 ,只是为了加快交易。想想看,就像建造一条100车道的公路,朝一个方向前进。



我们安装了10千个物联网设备+智能手机(10k IOT devices + smartphones, IOT = ESP8266, ESP32, MT7688 SOC)。我们用wifi和2g/3g/lte在一个外部网络上真正实现了超过100万tp/s的网络测试,我们缓慢的2g网络设备不会像第一、第二代的比特币/以太网/nem/等一样使整个网络延迟。因为我们不需要同步分类帐,就像区块串联起区块链一样。




提问二: 您对于区块链的信仰是什么?以您作为区块链技术专家的视角看,未来区块链高度发展的世界是什么样的?

Q2: What’s your belief in the blockchain? From your perspective as a blockchain technologist, what will be the future world look like when the blockchain industry is highly developed?

Ronald Aai: 对我来说,区块链只是另一个系统设计的概念,会有很多这样的在前进的路上的人。我们使用BATCH编程,将数据与服务器同步。它是一个有缺陷的系统设计理念。举例来说,80年代,我们使用BATCH编程,将数据与服务器同步,但是BATCH编程很慢,因为我们会不时地将数据块抓取到SYNC。这个和区块链看起来像吗?

bitcoin = 10mins block;ethereum = 15sec block;eos = 500ms block。


blockchain gen 1/2/3 = walkie-talkie

blockchain gen 4 = wechat / communication / community

我在纽约做了一个演讲,在下面的观众席上我看到了samson mow。嗯,我想他是陷入到第1代区块链的问题中了,祝他好运。和我告诉vitalik的一样,以他的基金会的运作方式,没有人敢修改代码,所以这就像绷带绑在绷带上。



Ronald Aai: 有了钱,就会有更多的机会把它榨干。





Ronald Aai: 我认为会有更多的dapp出现来解决由设计糟糕的第一到第三代区块链平台产生的问题。许多人已经投入巨资,不能打破循环说它不工作,让我们放弃它,并做一些真正的工作,这就是.com重启所做的。人们在设计糟糕的区块链上钻牛角尖,有很多的 dapp是要解决那些其实真正无法解决的问题。


Ronald Aai 的建议

1. 当你发现任何一个平台宣称是免费的,那么这个平台就不会成功,因为运行一个平台要付出成本。

2. 当你发现一个有采矿业务的平台,不要使用它,因为它对用户没有好处,这只会让矿商和投资者受益。

3. 当你发现一个平台,让买方支付费用,不要进入,因为当卖方正在赚钱,买方比应该支付的支付更多,这是不符合逻辑的。


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