Blockchain/Bitcoin
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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EquiChain Announces it’s New Blockchain Platform for Global Capital Markets
EquiChain, a London-based Fintech company with an Asia regional office in Hong Kong, announces its working prototype for capital markets. The company plans to implement a full end-to-end ‘execution to custody’ (E2C) pilot in 2017, positioning EquiChain to deliver the
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Investors and VCs in Bitcoin and Blockchain in Asia
Financial institutions are lining up behind blockchain, a technology that promises to make business processes more efficient and cut costs. In the first nine months of 2016, some US$1.4 billion had been invested globally in blockchain startups, according to PwC,
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