FINEX recently held its 9th general membership meeting with the theme 'Ethics and the Digital Economy.' Our guest speaker Allen Guo, the country head of Alibaba Cloud Intelligence, talked about applications developed by his company that enable us to live active digital lives. We had a panel of reactors that included Reynaldo Lugtu of Hungry Horse Workforce Consulting, who spoke about the ethical considerations that should be considered in digital transformation; Atty. Rose Marie King Dominguez of Sycip, Salazar, Hernandez and Gatmaitan, who discussed the legal principles that provide the guard rails for digital transactions; and Alvin Dave Pusing of PWC Isla Lipana & Co., who presented how we should be managing risks in today's digital economy.

Guo talked about how various aspects of our lives were being enriched through technology. He illustrated how developments in cloud computing and recent lockdowns had led to the widespread adoption of technology, which irrevocably changed the way we conduct our businesses, participate in sports events and even enjoy concerts. He introduced us to the metaverse and how we could all be dealing with each other through avatars in the future. It seemed quite unreal, but he assured us that it was definitely coming soon.