Tonight is the world’s first Halloween FinTech Night — the special, haunted event will be held in the Western Market, a unique building with over 100 years of history. A beautiful structure located in Sheung Wan, attendees will be sure to admire the architecture while networking.
In the less spooky daytime, HKCEC in Wanchai was jam-packed with events for Hong Kong Fintech Week 2018.
Paul Chan, Financial Secretary of HKSAR, delievered the welcoming speech at 9AM.
A key theme of Mr. Chan’s was the Greater Bay Area (GBA) — by “linking nine prosperous cities in Southern China” — Zhaoqing, Guangzhou, Huizhou, Dongguan, Foshan, Zhongshan, Jiangmen, Zhuhai and Shenzhen — with Hong Kong and Macau, the GBA intiative is set to transform the PRD region into a powerhouse ready to realize an increasingly dynamic and exciting vision of the future.
Notably, Hong Kong and Shenzhen were highlighted by the Financial Secretary in illuminating rhetoric — he asked: what would happen if Silicon Valley was placed right next to New York? Shenzhen (China’s Silicon Valley) and Hong Kong (China’s New York) seem a crucial fixture in China’s national strategy; the symbiosis of SZ and HK has been a recurring theme throughout HKFTW2018.
A series of talks followed Mr. Chan’s address, taking place across 4 stages addressing key FinTech topics as: Distributed Ledgers Technology (DLT) and Trade Finance; Regtech and KYC/AML; Virtual Banking Licenses and the Future of Banking; e-Payments; AI, and more.
Beyond the Stages were a roster of companies ranging from budding startups like local 8 Securities (a $0 commission stock trading app) and Robotou (a platform facilitating service robots, incubated by blockchain investment fund C Block Capital); to emerging household names in the crypto space as R3 (promoting their enterprise blockchain platform, Corda) and holistic digital marketing solutions like Qumin (a Chinese Digital Creative Agency).
Other companies participating in the HKFTW2018 exhibition included Consensys, Top Image Systems, PayPal Hong Kong, Microsoft, PayMe, VeloTrade, Aqumon, Hyper Anna, ICBC, Donnelley Financial Solutions, Nanopay, Medici, Standard Chartered, BlueMeg and Citi.