Bitcoin and blockchain technology are getting a lot of attention in the city of Hong Kong.
The Future Of Hong Kong
Bitcoin and blockchain technology are getting a lot of attention from different sectors worldwide. From finance to legal matters and even cyber security, Blockchain technology is revolutionizing a lot of different industries. Hong Kong seems to be another country that has caught the “cryptocurrency fever.” Two of the most dominant industries in Hong Kong are finance and shipping. In the last couple of years, both industries have tried to increase their growth. With blockchain technology, many experts in Hong Kong believe that it will help the domestic industry to rapidly grow and scale. It’s worth to note that not only the private sector in Hong Kong is seeing a bright future for blockchain technology. The Hong Kong government is also heavily investing in blockchain technology that benefits different government entities. According to a Bloomberg article, the monetary authority of Hong Kong is developing its very own cryptocurrency and using blockchain technology as a solution for mortgage applications, e-check tracking, and financial trading.
Blockchain Company Boom In Hong Kong
With the recent boom of Initial …
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