Why I Created the Blue Whale Ecosystem
Tags: Content, Innovation, Bwx, Blockchain, Blue Whale Global

Why I Created the Blue Whale Ecosystem

By Will Lee

The famed Bulguksa Temple in South Korea houses the country’s seven national treasures, including the Dabotap and Seokgatap stone pagodas and the Daeungjeon (Hall of Great Enlightenment).

Dabotap, also known as the Pagoda of Many Treasures, is known for an ornate style quite unlike the conventional aesthetics in other countries. In contrast, Seokgatap, sometimes referred to as the Shadowless Pagoda, has a distinctly simpler design, with a structural focus on balance, stability and symmetry. Residing in the main courtyard of the temple complex, the two stone pagodas create a duality of the celestial and the terrestrial. The simplicity of the Seokgatap pagoda symbolises the vastness and intangibility of the universe and an objective universal truth which we have yet to comprehend. However, we also have the Dabotap pagoda, which elegance represents the complexities of the earthly world, and along with it, the subjective wisdom for us to gain eventual realisation of the universal truth. Both stone pagodas stand before the Daeungjeon, the Hall of Great Enlightenment, where the term “dae-ung” translates to a metaphorical hero who had the wisdom to understand the intangible universal truth and the reality of the earthly world that we live in.

Upon viewing the architectural splendour of the Bulguksa Temple, the perspectives of these ancient philosophers have inspired me to work towards creating better lives. In my belief, if one of the philosophies dictate that the earthly dimension is manifested from the intangible universe, then all products of the world should technically be available to everyone. And to be able to establish maximum value and shareable ownership of these products through their own talents — that is one of the many universal truths.

Although I may not ascribe to a particular religion, that reflection led me to build the foundation for a basic ecosystem for Blue Whale Global, which is based on that idea and the symbolic values of the above-mentioned ancient architecture.

Among the three key elements of the ecosystem, the first is Shareable Asset, an innovative, peer-to-peer, sharing platform for tangible assets. In creating a global understanding of how to realise the worth of these assets and generate value through ownership, Shareable Asset aims to offer a breakthrough in the division of the right of ownership through convergence technology solutions and create an accessible and open system for individuals to reap beneficial gains. This can potentially redefine the sense of ownership when members of society learn how to maximise the value of their own assets even with limited financial resources or technological literacies — a valuable ability in a world that sees rapid developments in technology, particularly fintech and proptech.

The second key aspect would be to target intangible assets by having platforms which could integrate individual talents and technology. When I was working in Silicon Valley in the United States in 2012, I established a skills- and knowledge-sharing platform, which empowered the freelancer industry by allowing them to profit from their talents, including art, handicrafts, cooking and more. There are two operating platforms in the United States and Singapore and we are currently looking to collaborate with a well-established, external partner who provides global outreach for events and experiences.

We are also working on a new project, termed as iHUB. It is a blockchain-enabled smart space facilitating freelancers in the creation, production and distribution of creative content. By seamless connecting an offline shared space with an online, blockchain-based, multi-functional system, creators can not only expand and profit from their talents, they can also get linked with other creators, entrepreneurs and advertising networks. We will also be working closely with partners who are aligned with our vision to provide software and convergence technology solutions.

The successful development of iHUB will serve as the foundation of a future smart city platform and community. In this smart era which values speed and efficiency, I hope to establish a platform that will enable everyone to be able to discover unique personal values apart from those pre-defined by society. When I was studying artificial intelligence at Stanford University, my biggest question was: “How can we distinguish between humans and machines or artificial intelligence in a world of highly developed technologies?”

I found the answer in every individual — our own unique values are how we can be differentiated from artificial intelligence and by allowing individuals to realise them and create profitable value from it, human beings will be able to establish a meaningful existence and realise their dreams. From establishing platforms and projects like Shareable Asset and iHUB, to implementing systems such as our native digital wallet, we hope to create an ecosystem to connect intangible and tangible values for individuals while maximising their own personal values — that is the core of the Blue Whale Global ecosystem.