Hong Kong Official Touts Blockchain for China’s ‘Belt and Road’ Plan

A senior official for the government of Hong Kong has said blockchain could bolster China’s ongoing efforts to significantly expand its trade capabilities.

According to Chinese news service Caixin, James Lau, Hong Kong’s Secretary for Financial Services and the Treasury, touted the technology during a forum appearance on Friday. Lau said that blockchain would bring “great benefits” to nations participating in President Xi Jinping’s “Belt and Road” initiative, citing a forthcoming trade finance platform to be built on the tech…

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