back to article ASEAN bloc agrees to work on digital trade pact that might get real by 2025

The ASEAN economic and free trade bloc has agreed to develop a digital trade pact, and South Korea wants to play. ASEAN has ten members that collectively have about the same economic heft as the UK or France, and negotiate as one on trade matters with other blocs like the European Union. Bloc members Indonesia, Vietnam, and …

  1. Anonymous Coward
    Anonymous Coward

    Blockchain crap

    The problem with ASEAN is there is no central leadership, and so no central control.

    So they could opt for distributed stuff like blockchain, but blockchain reveals all their internal workings in the blockchain to their competitors, and undermines the group as a whole. Distributed = Public. Can you imagine all their internal transactions, there, public for everyone to datamine to gain advantage over them?

    And they could use the existing central systems, but those were built by the West to keep the west on top. You get Indonesia & Malaysia using US CDNs and not realizing a CDN is a man-in-the-middle attack in disguise. Can you imagine all their inter ASEAN trade through US controlled CDNs? Datamined to ensure Western dominance over the group?

    They cannot build their own because they cannot agree on a single leadership. Only Korea (in the article), currently even builds network equipment... barely, and they're not ASEAN.

    And ASEAN is competing with China next door, which has and is building their own services, has its own kit, has a single currency already, and will soon have its own chipmaking capability.

    I think its unavoidable, the future is China. Which is worse, a world lead by Republicans/USA or a world lead by Xi/China? I think that's a no-brainer, the Wackadoodles are the bigger threat to security / peace / safety by a long long way.

POST COMMENT House rules

Not a member of The Register? Create a new account here.

  • Enter your comment

  • Add an icon

Anonymous cowards cannot choose their icon

Other stories you might like