Smart Talk | As crypto market at its hype, how does Blockchain shake up various industries?
The price of Bitcoin spiked to a record high of over US$40,394 last week, which helped push the overall value of the cryptocurrency market topped above US$1 trillion for the first time ever. However, taking the previous price changes as a reference, the cryptocurrency’s surge has always been accompanied by its trademark volatility.
When the crypto world has been seeing immense investor interest in recent weeks, Blockchain, the founding technology of cryptocurrencies, has already been applied in various industries around the globe.
In this episode, DotDotNews invites King Leung, Head of Fintech at InvestHK which is a department of the Hong Kong SAR Government responsible for attracting Foreign Direct Investment and fostering a more vibrant fintech ecosystem in HK, together with Kelvin Yeung, a serial entrepreneur, Co-founder and COO of the fintech startup MediConCen, to join our discussion.
According to the Blue Book about blockchain application in Beijing local government services, 140 relevant projects have been implemented, with an average cost reduction of 40%.
Among blockchain applications worldwide, supply chain finance is a vital one. Why is supply chain industry among the first batch of industries that embrace this emerging technology? What industries will blockchain eliminate? How can youngsters or any interested individuals pick up blockchain? And most importantly, what is the role of HK in blockchain development? Watch the video to find out.