Startup Community in Copenhagen

Copenhagen is well known for being a happy and smart city. That’s why I was really excited about joining the Startup Weekend of the Copenhagen Fintech Week and couldn’t wait to meet the dynamic FinTech startup community there!

The Copenhagen Fintech Week was an international event where people from all around the world came together to share insights on latest hot topics in the Fintech world like artificial intelligence (AI), blockchain, cybersecurity, Sustainable Development Goals (SDGs), open banking, etc. As part of the Copenhagen Fintech Week, the Startup Weekend embraced novel ideas from Fintech startups and provided a competitive yet potentially collaborative platform for innovation initiators. There we worked on projects that interested us, honed our ideas with exchanges from fellow participants and help from coaches, and finally got to pitch our work.

It was a valuable experience working and interacting with inspiring people, and building up our ideas with the insights and experience from like-minded fellows. I really appreciated the opportunity and looked forward to more to come!


參與哥本哈根的金融科技周,與各地初創企業家互動交流

哥本哈根是知名的快樂和智慧城市,所以我相當高興能參與其金融科技周的初創周末,急不及待和那裏的金融科技初創社區見面交流!

哥本合根的金融科技周是個國際盛事,來自世界各地的專業人士會聚首一堂,分享探究金融科技世界最新最流行的議題,這次的主題涵蓋人工智能(Artificial Intelligence),區塊鏈技術(Blockchain)、網絡安全(Cybersecurity)、可持續發展目標(Sustainable Development Goals)、開放銀行(Open banking)等等。而初創周末作為金融科技周的一部分,特別為初創企業和項目發起人提供一個鼓勵協作又具競爭性的平台,讓我們能在此開展我們感興趣的想法或項目,並藉着和與會者交流看法和導師的建議而加以完善,最後我們有機會匯報自己的項目提案。

這實在是個難得的體驗,能夠和不同背景但志同道合的與會者和初創企業家互動,藉大家的經驗和建議來改善加強彼此的項目想法,實在受益匪淺,期待未來更多與各地金融初創交流的機會!

 

The world’s 1st blockchain-powered trade finance deal

This month saw the exciting news of HSBC and Dutch Bank ING making a commercial trade finance deal using blockchain, which was the first application of this disruptive technology in trade finance. The banks handled the transaction for the US agriculture group Cargill, for a shipment of soybeans from Argentina to Malaysia. The transaction time and paperwork exchange would normally take 5 to 10 days but the technology shortened it to 24 hours.

The transaction was completed on Corda Blockchain, a platform developed by the R3 consortium. The technology substantially cut the transaction time, allowed real-time tracking of goods and documents in a more secure manner, and facilitated instantaneous paper reconciliation. The transaction is a milestone for blockchain application in the banking industry. Let’s see what will come out of it in the future!


全球第一宗區塊鏈貿易融資

匯豐與ING銀行完成全球第一宗區塊鏈貿易融資,是區塊鏈技術首次在貿易融資交易上的應用。這次交易中,匯豐與ING銀行為食品及農業產品製造商嘉吉(Cargill)完成跨國交易,交易涉及以海運把大豆由阿根廷運到馬來西亞,區塊鏈技術把以往需時五至十天的文件往還時間縮短到二十四小時,大大節省了交易時間。

這次的交易在區塊鏈聯盟R3的Corda 區塊鏈平台上完成,不但省時,並且安全地進行實時貨品和文件追踪,以及自動對賬。這次區塊鏈技術應用是該技術在金融業應用的重大突破,為區塊鏈金融奠下一大重要里程碑