@guryeva On the financial side, there has been a lot of hype about Bitcoin; distributed ledger systems which do not depend on central authority. I don’t know whether Bitcoin will work. I do believe blockchain technology is something profound - but my Prime Minister has told me: ‘Well, I think this is a solution looking for a problem’, meaning that we don’t know yet what will or won’t work. But because we believe that Singapore’s future does depend on us continuing to be a global financial centre, the Monetary Authority of Singapore (MAS) has decided that we will create a “regulatory sandbox” for Fintech companies. What this means is that if any of you have an idea, product or service in financial industries - you can start-up, you don’t need prior approval from the MAS. You can do anything you like as long as you don’t cheat anyone and you will not be smothered by regulations; until you become big enough to actually be a threat to the financial system but at that point you would already be considered a success. A regulatory sandbox gives you a conducive environment to test and grow your ideas without having to apply for a licence or a permit. We will only take a regulatory interest in you when you become big and successful enough to be a major player in the financial system as a whole. This gives you opportunities to be free to start-up and grow as quickly as you can.