Blockchain/Bitcoin

Deloitte Launches Regional Blockchain Lab in Hong Kong: Bringing DLT into Production

Deloitte announced that the Asia Pacific Blockchain Lab (the “Lab”) has officially opened in Hong Kong. In addition to formulating strategies, the Lab will implement and deploy Distributed Ledger Technology (“DLT”) for corporate clients across the region. DLT is used in

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What the heck is happening with China, ICOs and Cryptocurrencies?

So, this happened: China bans initial coin offerings calling them ‘illegal fundraising’ – BBC “The People’s Bank of China has declared initial coin offerings (ICOs) illegal and wants them to “cease immediately”.” Updated: Central bank says all ICOs illegal, Technode

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ICOs are subject to Securities Law in Hong Kong: License needed!

The Securities and Futures Commission (SFC) today issued a statement on existing regulations which could be applicable to initial coin offerings (ICOs). Today’s statement explains that depending on the facts and circumstances of an ICO, digital tokens that are offered or sold

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Most C-suite Executives Are Using Blockchain To Adapt To Financial Shifts

A new IBM study released on 18 May revealed that a third (33 percent) of almost 3,000 C-suite executive surveyed are using or considering blockchain in their business. According to the study, eight in 10 of those exploring blockchain are

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Hong Kong’s Role in Distributed Ledger Technology

A white paper by the Hong Kong Financial Services Development Council (HKFSDC) is examining how Hong Kong can develop its blockchain capabilities to serve the region. According to the paper, Hong Kong, with its large financial sector and its strategic

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Hong Kong Central Bank Sees Potential in Blockchain Technology

Distributed ledger technology (DLT), also referred to as blockchain technology, could benefit both customers and banks by providing better banking services to users, while helping financial institutions offer services of greater security, quality and efficiency, according to a report by

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Chained Finance’s Supply Chain Blockchain Breakthrough In China

Blockchain is one of the exciting technology for the financial industry. The Monetary Authority of Singapore (MAS) had partnered with banks and blockchain technology company, R3 to pilot a proof of concept to use blockchain for payments in November 2016.

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Infographic: The Entire History of Bitcoin

Bitcoin is payment system invented in 2008. It is described as the first decentralized digital currency and is presently the largest of its kind in terms of total market value.  Futurism made a nice Infographic that takes you through the

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Xhai Studios Adopts Blockchain Technology for Video Games

Xhai Studios (“Xhai”) an innovative mobile game developer and publisher, announced today that it will be using a new and promising blockchain technology to be incorporated into its platform services that it is developing. Blockchain technology is a cost-efficient technology

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Loyyal’s first Hong Kong-based client, Quidam, to leverage blockchain to expand into China

Loyyal, the leading blockchain network for the loyalty and rewards industry, today announced a client and value-added reseller relationship with Quidam Ltd., an Asia-based (Hong Kong) provider of next generation data brokering and analytics solutions based on A.I. and blockchain

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