Many of the world’s central banks have been working on some form of central bank digital currency (CBDC), and some of the largest commercial banks already have institutional or private stablecoins. Chinese Mainland and Hong Kong are no exception.
The move towards digital currencies represents a revolutionary change for the global financial system and create tremendous opportunities for financial institutions, fintech companies and start-ups.
To help the industry discover and seize the opportunities brought by digital currency initiatives such as CBDCs and fiat-backed stablecoins, Cyberport and R3 will present the “R3 Digital Currency Summit” on 26 July. The Summit will bring together representatives from financial regulators, professional bodies and renowned financial institutions to examine the latest digital currency landscape and outlook. Experts from R3 will share how financial institutions and start-ups can leverage cutting edge blockchain tools to develop digital currency related applications.
Industry leaders and practitioners in the financial service, FinTech and business sectors are welcome to join. Click HERE to register for the event.
Earlier this year, Cyberport signed an MOU with R3 to provide Hong Kong’s financial services and FinTech sectors with blockchain technology innovation resources relating to CBDC. The global blockchain leader R3 also established Innovation Lab at Cyberport to serve as an agile transformative space, where Cyberport, R3 and various innovation partners would join hands to offer support resources, training curriculum, technology comprehension, industry expertise; and work closely with ecosystem stakeholders to co-create more FinTech innovations in Hong Kong and the Greater Bay Area to contribute to Hong Kong’s long-term success as a prominent global leader in technology innovations.
