Hong Kong Official Touts Blockchain for China's 'Belt and Road' Plan

Hong Kong Official Touts Blockchain for China’s ‘Belt and Road’ Plan

A senior official for the government of Hong Kong has said blockchain could bolster China’s ongoing efforts to significantly expand its trade capabilities. According to Chinese news service Caixin , James Lau, Hong Kong’s Secretary for Financial Services and the Treasury, touted the technology during a forum appearance on Friday. Lau said that blockchain would bring "great benefits" to nations participating in President Xi Jinping’s "Belt and Road" initiative, citing a forthcoming trade finance platform to be built on the tech. It was only several weeks ago that Hong Kong unveiled a new partnership with Singapore that will see […]