Michael Sung

Professor Michael Sung is a bridge maker between East and West. He has a mission to create and bring technology to the development world and democratise technologies, special fintech, Blockchain and AI. He is the founder and chairman of CarbonBlue Innovations, a tech transfer platform for commercializing internationally sourced blockchain, fintech and digital finance innovation in developing countries. He is also co-director of the Fintech Research Center at the Fanhai International School of Finance at Fudan University.

Prof. Michael Sung is a technology venture builder and investor, having founded various companies in diverse high-tech industries ranging from AI, blockchain, semiconductor, and new materials industries. He is founder and Chairman of CarbonBlue Innovations, a leading intellectual property, technology transfer, blockchain/cryptotoken innovation, and investment company focused on bridging international innovation to resources, strategic partners, and investors in China.

Prof. Sung is also an expert on crypto-finance innovation and works on spearheading the development of the Fintech ecosystem and education pedagogy at Finance at Fanhai International School of Finance. Advisor to the National Belt and Road Research Institute. Founder and co-director of the Fudan Fanhai Fintech Research Center (FFFRC), a leading applied Fintech research center focused on connecting the rest of the world to Greater China. Associated with the Fudan-Stanford Financial Big Data Research Center. They are engaging with top international experts around the world to set up applied research programs on topics such as digital currencies, digital asset innovation, cryptoeconomics, asset-backed securitization, digital finance, and crypto-token business model innovation. Sample projects underway include real estate tokenization and fractional ownership financing, crypto-bond and blockchain auditing for infrastructure projects, computational trust systems for credit risk analysis in the financial markets, digital RMB policy, etc.

Prof Michael Sung is a Faculty Professor in The China Institute of Economics and Finance. This is a national-level think-tank that conducts research for government policy on topics such as digital currencies, finance innovation, Fintech strategy, and digital asset regulation. They are working to modulate the best practices from the emerging policy leaders of the world (e.g. SEC in the US, FINMA in Switzerland, and MAS of Singapore) to give policy recommendations for China’s regulatory bodies such as the China Banking and Insurance Reform Commission (CBIRC) and People’s Bank of China (PBOC), China’s central bank. Spearheading CHIEF think tank thought leadership for central government on policy topics such as blockchain innovation, digital currency policy, digital assets/STO regulation, and tokenomics business model innovation.

Prof. Sung serves as a member of the China Digital Finance Advisory Group for the United Nations Task Force on Digital Financing of the Sustainable Development Goals. Over the years, has established strong reputation as a thought leader on technology ecosystem development and high-tech innovation strategy as an advisor to various high-level government officials and organizations, notably including the Taiwan Minister of Technology (AI and startup ecosystem strategy), Taiwan Minister of Justice (data privacy policy), a number of Taiwan congressmen and universities (blockchain, technology and startup ecosystem, technology transfer strategy), various Shanghai and Beijing officials (Fintech and blockchain strategy), Shenzhen vice mayor (international technology ecosystem development), HK Secretary for Commerce and Economic Development (IOT ecosystem strategy), HK Science and Technology Park (robotics and high-tech ecosystem strategy), National Belt and Road Institute (blockchain and fintech strategy), China Institute of Economics and Finance (finance innovation policy), etc. Has previously engaged in various high-profile consulting projects for international champions such as Airbus’ China innovation strategy, etc. Was previously the long-term chairman of the steering committee for the HK MIT Emtech Conference and advisor for the setup of MIT’s first innovation node in HK. Frequently speaks on AI, blockchain, and high-tech innovation at international events including at the UN, Vatican, Money20/20, and CFC and has organised high-profile events including the One World Blockchain Forum and Future of Fintech and Finance Forum at Davos as well as hosting the Swiss president’s visit to Shanghai prior to meeting with President Xi Jinping. Advisor to dozens of startups as a very active startup ecosystem advocate and entrepreneurship educator at Fudan and HKUST.

Prof. Sung is a venture partner at the Fundamental Labs is one of Asia’s top pure-play blockchain funds combining US$500mm AUM. Among the earliest and most active funds in the space worldwide, Fundamental currently has over 50 early-stage strategic investments in the top blockchain/crypto ecosystem companies in the world including Binance, Coinbase, EOS, Powerledger, Vechain, Decentraland, Steemit, Omisego, BAT, Filecoin, Golem, etc.

Prof. Michael Sung has received various awards for technology entrepreneurship, including MIT Enterprise Forum’s Most Visionary Technology Award and Google’s Solve for X Prize. Prof. Sung received his Ph.D. in EECS at the MIT Media Lab/Computer Science and Artificial Intelligence Laboratory as well as a graduate financial engineering degree from MIT Sloan Business School.

Vision

Michael Sung is a technology builder and investor with extensive experience. His vision can be found in a recent interview conducted by Dinis Guarda. In that interview, he said the following about Education and Innovation, Bridging the East and West,Geopolitical context: is the East taking over,Integrating technology and blockchain tech on cities,About CarbonBlue,About the BSN launch :

Education and Innovation

“I always tell my students the importance of high-tech entrepreneurship and innovation. In fact, in my class I have MBA and Ph.D students coming from the business school and from engineering and I think that is the right mix for the entrepreneurship style that I try to teach. In today’s world, all the interesting things happen at the intersection of things.”