Unlock New Growth in Fintech with Huawei Cloud

[Music] thank you everyone distinguished guest ladies and gentlemen great to meet you with you all today at the huawe finch submit at ababi so our colleague Alex just give our the introduction about our hway Cloud unique value and offering for the overall financial industry and also our use case in China so in the next 10 minutes I will more dive on the fintech domain to explain how hwei can help our fintech company to boost their business in UE and across the region so first I would like to uh from the industry Trend perspective taking payment as example so payments as everybody know especially for the consumer and the young people more more to utilize the cell phone to do the mobile trans trans transition transaction so the total value of the transaction in the global Le in the by 2026 we succeed more than $3.3 trillion dollar and uh that will be more than around 50 50% of the overall banking revenue and UAE take example as the leading fch Market in the uh middle east region so the transaction of the whole Mobile payment will succeed around $40 billion and have more than uh 15% of the r yearly increased rate so this is qu quite big potential market and how to graas this Market opportunity and build your own competition Advantage so H we have our offering so in the payment just take example is only one of the scenario of of all the fintech business so how we based on our observation there are also M multiple other scenarios grow rapidly in this market for example digital banking mobile Finance Consumer Finance and web resory Finance so while we as the cloud service provider in this region we have already opened our a uee region and in the September we open our Saudi region and uh in the uh next year I think maybe September April we're going to go live our region in the Egypt which make ourself as the maybe first public cloud provider in Egypt So based on all this infrastructure Investments which can help our fintech company to build their business business and deploy the business successfully and uh uh quickly in these countries and also at the same time to comply with all this uh data residence regulation of this Central Bank and also provide low latency uh offering and solution for the customer to improve the user experience and also there are a lot of other like platform service or technology service offering going to mention I will explain more that will be more C for the specific the use case of each scenario so digital banking as our colleague have already mentioned about the green Link in Singapore but here I would like to emphasize three key value we bring to them one is about the cloud native architecture so what do we bring to them about one is container based the cloud infrastructure second is microservice and also the serers this will enable the digital banking can be traditionally can be a very um in very very uh different compared to the Traditional Bank architecture will be multi distribut it and also have more efficiency and also better the performance the second apart from the technical the advantage is about how we will utilize our extensive experence on security and compliance combined with our partnership with consulting firm we're helping our customer actually to swiftly getting the license and the certification from the regulator actually we have then getting the license uh from the monetary authority of the Singapore and also help them to to deliver the solution and the third one I want to mention here is about our accur system because when you have the idea to build the digital banking solution not only you have the C banking you also have a lot of other component you have to think about in this map for example you have to think about what is your digital wallet what is your personal loan what's the insurance and also what's the payment component and hway will bring the whole picture in the table to fulfill all your requirements by the all the different cases so one is about as as the summar again one is about our Cloud native architecture infrastructure provided second is about our security and compliance uh expertise and experience help people to get the license and the regulation and St is about our acur system helping to build all this end to end solution from the beginning the second scenario I want to mention here is mobile Finance so mobile Finance we're talking about here is like how we can provide the one stop and eal super app for our customer and also we can also collaborate as our partner provide the open source the white label solution so take a one example here is like we collaborate with uh kbz bank which is uh very famous the super app in the uh s Asia so we help them to deliver the end to end super app solution together and help them to achieve more than eight million users already and the other one will become the top one super app in M my already and the second is the case where I want to uh take here is we collaborate with the the Telecom company in the in the South Africa uh in Africa actually we collaborate with Kenya the Telecom company to build the ewallet solution to help them to provide optimal the wallet solution for the uh residents to help them recovery more than I think all more than as mentioned here 80 million the deposit and Loan the account which actually extremely help the country to provide the financial service to non-banking service to actually provide the uh inclusive finance service to the country this is one thing we can do for the application ler we can collaborate with our partner or we can by ourself provide the super app solution for our customer in the mobile uh Finance second is from the technical perspective when we talk about mobile Finance the most typical uh challenging is about how to meet the challenging for the uh satisfy the high currency and the real time transactions especially the trans transaction volume to become the millions level so take one example we collaborate one big I think the top the payment of company in op in the Middle Eastern region so they have uh more than uh more than 80 more than 40 more than 40 million transaction per day and they have covering more than 40 million users also so they have a very strict requirement about the infrastructure how to deal with the pick time to satisfy to to meet with all the challeng Cheng on the high currency and also provide the low latency for their customer so Huawei based on our Cloud infrastructure uh we help them to build all the uh architecture based on our CCE we call it the cloud container engine and Cloud container instance CCI so we what we can achieve is like we can achieve 8,000 uh Cloud container instance can be scaled within the 30 seconds and this can be help them to be more stable and resilient during the peig time and also so we help them to have the capability to schedule to schedule this instance by the every second more than 10,000 so this will help him not only to uh meet the technical technology but also help him to improve the efficiency of the of the resources utilization so you can by second to decide which instant you're going to to open up which instant you're going to close to help you to reduce the cost and Optimum optimize the TCO so this is uh and uh another another point we want to mention here is like huawe we also do the a very specific the accelerat on our Network to optimize the network latency based on the uh container scenario because usually all the network is optimized based on the virtual virtual machine scenario So based on the container the scenario also optimize our Network to improve the uh the latency I think more than 40% more more than 40% in the third scenario I want to mention here is for the Consumer Finance for Consumer Finance usually the top challenging is about the risk control how to do the anti fraud how to do the anti lundry and how to use the credit scoring so in here I want to take example as we show in the diagram is about we collab One customer to do the uh real time transaction quiry so usually all the financial institutions when the analysis the transaction between all their users they use analysis about maybe two hops only to for example a trans transact transfer to B and B transfer to C so when you do the analysis of the C you know who is B and who is a but hway based on our uh GS graph engine service we enable our customer can do the analysis more than to uh two hop from two hop to more than five hopes so this will be help them to have a much stronger capability to uh enlarge their the their research scope and help them to mitigate the potential risk the another one is the fourth scenario I want to mention here is a web 3 actually web3 is quite hard topic recently so a lot of fch company nowadays to adopt the web stre technology to build the new business model for example the web through wallet for example the crypto step coin right so here what is the Huawei Cloud offering on this domain from the inter from the infrastructure perspective Hua Cloud we have collaborate with the mainstream blockchain chain platform for example the Isam Trum and polygon so we supported the blockchain platform running on huawe cloud infrastructure and on the second layer we provide very unique technology or service for our customer for example the chin inclave which is our confidential Computing scenario I will explain more in the next slide and the second is about the web stre noes engine service which help the customer to custo custodian their blockchain maybe the public chain or maybe private chain our cloud and third is about ipfs storage service and the and the fourth one is is the zero knowledge Z up for the Leo 2 the blockchain service and above on it our expertise service more about our echosystem we already have released our web three zoom and our Marketplace Gallery so provide a lot of extensive the web stre applications for our Customer because in web series application is the key to make the business success so we have collaborat like the chain up for examp example like Cobo uh for example the nft scan a lot of the web series application Partners collaborate with Huawei and uning their Serv offering and the solution our Marketplace so in so our customer whoever want to adopt the web stre the solution of Technology they can freely to utilize that so I will take now I will take the chin uh Enclave as a one example what I mentioned about the confidential the Computing so what why we do collabor as our partner so how we actually we as the uh we have the Decades of the uh Rd and also the uh research on the hardware so that's so we enable our the highway cloud computing server with the chinan card which is actually the hard Hardware card for the encryption and based on that we Synergy with our hyper provider layer so it's a it's a it's a Synergy between the hardware and also hypervisor the the virtual machine layer to build this uh Alti ultimate secur security Zone to enable M multiple party of our uh Cobo the customer multi party can do the web Wallet transaction processing and do API call through their multiparty Computing platform we call it MPC platform to do this uh wallet web Wallet transaction so this will be providing the automated security isolation highly flexible and also simple simplified om this is only one example how how we utilize utilize our infrastructure capability for the hardware and also software and the combin application L of our partner to have a join offering solution in this domain this only one example and also we have a lot of more like CH up admission or nft you can find out more in our Marketplace so at the end I would like to uh highlight again about echosystem even I have mentioned e in all these four scenarios so why we we are open to collaborate all kind of uh partners partners in this market because we see the the technology and also the business business case emerging uh in the market every day so the I think the beauty is like Huawei can be the platform can collaborate with all these kind of the partners bring all these updated and the most advanced Solutions and offering to our customer help you to up keeping catch up of the trend so we welcome to all the partners to work with Huawei and we can uh jointly together to build the post Paris fintech ecosystem this is my speech thank you all