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Hong Kong Aims to Lead in Green Finance and Web 3.0, Says Financial Secretary
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Hong Kong Aims to Lead in Green Finance and Web 3.0, Says Financial Secretary

Hong Kong is setting its sights on becoming a global leader in two new fields: green finance and Web 3.0, according to a recent speech by the city's Financial Secretary Paul Chan.

AntChain Integrates Zero-Knowledge Proof for Enhanced Privacy and Verification in Web3.0 Era
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AntChain Integrates Zero-Knowledge Proof for Enhanced Privacy and Verification in Web3.0 Era

Ant Group's AntChain has announced a new architecture upgrade for its privacy collaboration platform, AntChain FAIR, introducing Zero-Knowledge Proof (ZKP) as a core technology for verifiable computation. This extends trustworthy data transfer to the verification of computation processes, data attributes, and identities.

Hong Kong Boosts Web3 with New Task Force
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Hong Kong Boosts Web3 with New Task Force

On June 30th, 2023, Hong Kong's government revealed the creation of a pivotal initiative - the Task Force on Promoting Web3 Development. This significant step, led by Financial Secretary Paul Chan, includes fifteen non-official members selected from relevant market sectors, plus key government and financial regulatory officials.

CITD to Issue HK$100 Million Bonds Utilizing Blockchain
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CITD to Issue HK$100 Million Bonds Utilizing Blockchain

China Information Technology Development Limited (CITD) (HKEX: 8178), a leading technology company specializing in AI and cloud technologies, has announced its plan to issue HK$100 million worth of Bonds using distributed ledger technology (DLT). The proposed issuance aims to revolutionize the bond market by leveraging blockchain and smart contract technologies.

Hong Kong Embraces Web3.0 and Advances as an International Crypto Hub, said Chief Executive
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Hong Kong Embraces Web3.0 and Advances as an International Crypto Hub, said Chief Executive

Li Ka-chung emphasized Hong Kong's potential in leveraging its strengths as an international financial center and driving the development of cutting-edge technologies, particularly in the realm of Web3.0.

China's Shanghai Prioritizes Blockchain, Web3.0, and Metaverse in Three-Year Manufacturing Development Plan
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China's Shanghai Prioritizes Blockchain, Web3.0, and Metaverse in Three-Year Manufacturing Development Plan

Shanghai, a front-runner in the deployment of emerging technologies in China, has recently announced its ambitious "Three-Year Action Plan for Promoting High-Quality Development of Manufacturing (2023-2025)." This strategic initiative was revealed by the Shanghai Municipal Government Office, highlighting the city's commitment to accelerating the development of its digital economy with a focus on Blockchain, Web3.0, and the Metaverse.

Blockchain Labs and HashKey Capital Launch Future3 Campus, a Web3.0 Innovation Incubator
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Blockchain Labs and HashKey Capital Launch Future3 Campus, a Web3.0 Innovation Incubator

Blockchain Labs and HashKey Capital have announced a joint initiative to establish Future3 Campus, a Web3.0 innovation incubator aimed at promoting the global Web3.0 ecosystem.

Beijing Releases Web 3.0 Innovation and Development White Paper (2023) at Zhongguancun Forum
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Beijing Releases Web 3.0 Innovation and Development White Paper (2023) at Zhongguancun Forum

On May 27, 2023, the Beijing Municipal Science and Technology Commission and the Zhongguancun Science and Technology Park Management Committee unveiled the "Beijing Web 3.0 Innovation and Development White Paper (2023)" at the parallel forum of the Zhongguancun Forum titled "Web 3.0: Future Development of the Internet Industry."

MLB is Looking to Hire an Expert to Expand its Metaverse Presence
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MLB is Looking to Hire an Expert to Expand its Metaverse Presence

The Major League Baseball is looking to fill a metaverse role to boost its engagement in the space

Metaverse Will Bring About the "Construction of New Economies" - Animoca CEO
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Metaverse Will Bring About the "Construction of New Economies" - Animoca CEO

Animoca Brands CEO, Yat Siu sees the GameFi ecosystem as a major avenue to welcome people into the new economy the metaverse is creating

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