Exclusive interview with Paul Sin: Part 2 How does Deloitte Blockchain Lab envision the future of blockchain? Dr. Paul Sin believes that blockchain is at the stage of technology convergence with IoT, big data and artificial intelligence. He also explained the three challenges for enterprises to implement their own blockchain and various blockchain auditing services … Continue reading Exclusive: Blockchain at the Stage of Tech Convergence
The Central Bank of China has announced that its digital currency can now be said to be ready. In a major event, the China forum as reported by local news site Shanghai Securities News on August 10, the deputy director of the People’s Bank of China (PBoC) Mu Changchun stated that over five years of … Continue reading People’s Bank of China Announces Its Digital Currency is Ready
What happened this week? The trade-war worries affected the financial markets on Wednesday, while stocks and commodities tumbled in Europe and the United States. Equities declined more than 1% in the United States after the S&P 500 Index fell 2.93%, the NASDAQ shed 3%, and the Dow Jones tumbled over 3%. Investors shifted towards the … Continue reading US Awaits Recession While Bitcoin Becomes the Last Resort
On the 22nd of August, we were proud hosts of our event that focused on ‘whether real estate will evolve by the development of blockchain?’ Now the question arises from the inevitable fact that financial technology has evolved within the last 10 years alongside several industries adopting it within their practices. Will the real estate … Continue reading How to Capitalize Trillions in Tokenized Real Estate with Blockchain and PropTech
Set out to rid the decentralized finance space, free from scammers, DeFi creators tried to patent the term ‘DeFi’. However, this was short-lived as the United States Patent and Trademark Office rejected the registered application last January. Since then, Maker has no plans to refile. DeFi’s product portfolio is varied, from loan to loans and commercial products. … Continue reading Tried and Failed: Maker Foundation's Attempt to Patent "DeFi"
The DHS has implemented a number of rapid POC projects to investigate the usefulness of blockchain in border management. In a novel and innovative approach, the DHS is working directly with trade members from the Commercial Customs Operations Advisory Committee (COAC) working group, including customs broker Customs Direct LLC. In this role, Customs Direct has … Continue reading Department of Homeland Security (DHS) Trials Blockchain Solution for Canadian Borders
IBM has opened the IBM Quantum Computation Center, bringing the world’s largest fleet of quantum computing systems online. On September 18th, IBM announced the opening of the IBM Quantum Computation Center in New York State which will house the world’s largest fleet of quantum computing systems for commercial and research activity that exists outside of an … Continue reading IBM Opens Quantum Computation Center in New York
In October 2018, Hong Kong Science and Technology Parks Corporation (HKSTP) announced a wide array of new initiatives, enhanced programs and support services aimed at strengthening and accelerating the growth of Hong Kong’s Innovation and Technology (I&T) sector and startups. To support its key strategy of grooming promising technology startups—HKSTP operates effective startup incubation programs to turn … Continue reading Hong Kong Science and Technology Park: Turning Tech Startups' Visions into Reality
Blockchain innovation has significantly changed the way we thought in the traditional financial sector. All of those concepts and business models, such as decentralization, cryptographic tokens, and digital ledger, also brought us more imaginations toward the future forms of money. Although we are still facing the disorder from the 2017–2018 ICO chaos and increasingly strict regulatory frameworks, … Continue reading Stablecoin and Its Potential Business Uses
Rounding off our exclusive interviews for the 2019 Belt and Road Summit, jointly organized by the Hong Kong Trade and Distribution Council (HKTDC) and the HKSAR Government, we share three brief insights from Reza Esmkhani, Consul of Economic & Political Affairs, Iran Consulate General; Miss Noor Ezzwanee binti Ahmad, Trade Commissioner of Consulate General of … Continue reading Belt and Road Summit 2019—Iranian Investment, Malaysian FinTech and the Kazakh Belt Buckle