Hong Kong Launches Port Community System with AI and Blockchain Integration

According to ChainCatcher, Hong Kong's Financial Secretary, Paul Chan Mo-po, announced in his blog that the government-led initiative, the Port Community System, has officially been launched. Over 2,300 companies are participating in the use of this system, which employs artificial intelligence and blockchain technology to offer a comprehensive, real-time cargo tracking service available around the clock. The system also supports innovations in trade financing.