Hong Kong Monetary Authority: Actively promote DLT technology and other five major financial technologies in the next 12 months

Odaily Planet Daily News The Hong Kong Monetary Authority announced the new "Fintech Promotion Plan", planning to launch a series of measures and activities in the next 12 months, focusing on wealth technology, insurance technology, green technology, and artificial intelligence and distributed ledger technology (DLT) applications in the five areas of financial technology to promote, including the establishment of a "financial technology information platform", regular holding of more financial technology exhibitions and roundtable meetings, etc. Ruan Guoheng, vice president of the Hong Kong Monetary Authority, said that fintech has great application potential to solve existing problems or to cooperate with the development of future financial and economic activities in banks. He hopes to achieve more comprehensive fintech development through systematic planning. (Ming Pao)