Search Results for "finance and accounting"
The Fourth Belt and Road Summit 2019 – FinTech Cultural Revolution for Inclusive and Green Finance
The fourth Belt and Road Summit jointly organized by the Hong Kong Special Administrative Region Government and the Hong Kong Trade Development Council was held on 11 to 12 September at the Hong Kong Convention and Exhibition Centre. With around 5000 government officials, professionals and entrepreneurs from 69 countries attended the summit, opportunities and innovations were shared and explored.
China’s Central Bank to Develop Blockchain-Based Trade Finance Platform for the Greater Bay Area
China’s Central Bank, the People’s Bank of China (PBoC) announced its development plans for outlining a blockchain-based trade finance platform for the Greater Bay Area that links Hong Kong, Guangdong, and Macao. Governing entities in China, including the PBoC, China Banking Regulatory Commission, China Securities Regulatory Commission, and the Foreign Exchange Bureau came together to issue the official document for the proposal. The entities submitted their suggestions on financing the construction of the Guangdong-Hong Kong-Macao Greater Bay Area, focusing on global trade and finance.
Binance CEO CZ and Crypto Execs Say Traditional Finance Not Yet Ready to Embrace Digital Currencies
Binance CEO Changepeng Zhao (CZ) and two major crypto executives believe traditional financial institutions have a long way to go before they embrace digital currencies.
ConsolFreight Releases New Proof Of Concept To Advance The Role Of Logistics Providers In Trade Finance
"Banks are short-sighted in determining and validating the value of the goods being financed. They have drawn a very distinctive line between Logistics and Financial institutions, where the value of the assets is entirely disconnected from the process. Thus, leaving an untapped market of unfulfilled credit demand estimated at $1.6 trillion," says ConsolFreight's CEO, Ernesto Vila.
Ways DeFi is Changing Finance and its Stand in 2020
Decentralized finance (DeFi) is the bridge between traditional centralized currency and decentralized cryptocurrencies like Bitcoin, Ethereum. Here's how it's changing finance.
HK FinTech Week: What’s Next for Blockchain in Finance?
HK FinTech Week: What’s Next for Blockchain in Finance?
Yearn.finance Takes Pickle Finance Protocol Onboard to Enhance DeFi Rewards
Leading DeFi protocol Yearn.finance has absorbed Pickle Finance to create a structure that will leverage shared expertise, boost specialization, and minimize work duplication.
Microsoft and Finastra Open Cloud Solution to Exponentially Accelerate Innovation for 8,500 Banks and Institutions
Finastra and Microsoft Corp have announced a strategic, multiyear cloud agreement to help accelerate the digital transformation of financial services and help realise and open source future for finance.
Decentralized Finance (DeFi)
DeFi stands for decentralized finance, which owns the blockchain advantages, thus removes trusted third parties and more. DeFi will have profound impact to traditional financial industries.
Perianne Boring: Blockchain Will Be the Foundation of the New Financial System
Perianne Boring is the Founder and President of the Chamber of Digital Commerce—the world's first and largest blockchain trade association. Boring began her career as a legislative analyst in the U.S. House of Representatives, advising on finance, economics, tax and healthcare policy. Prior to forming the Chamber, Boring was a television host and anchor of an international finance program that aired in more than 100 countries to over 650 million viewers.
India’s Finance Minister Says Crypto Ban May not Happen and Government May Experiment with New Technologies
India’s Finance Minister, Nirmala Sitharaman, has revealed that the government is not intending to completely ban cryptocurrencies.
Oman Oil & Orpic Group and HSBC Digitize Trade Finance with the Execution of their First Blockchain Trade Transaction
Oman Oil & Orpic Group and HSBC Bank Oman have succeeded in carrying out their first trade transaction via blockchain technology.