08 Aug Four Questions for CryptoBLK’s Duncan Wong on Blockchain in Trade Finance and Insurance
18 March 2019
Hong Kong-based blockchain consultancy, CryptoBLK, which was spun off from the government-backed Applied Science Research Technology Institute (ASTRI), has been blazing a trail in the enterprise blockchain space. It has been working on several key projects with partners such as HSBC (trade finance), and Hong Kong Federation of Insurers (auto insurance) in implementing blockchain in helping automate and digitize their workflow systems. Blockchain Asset Review caught up with the founder and chief executive Dr. Duncan Wong, a trained cryptographer, to discuss some latest developments.
BAR: What is the latest development on HSBC’s trade finance platform Voltron? How is the trade finance eco-system evolving?
Wong: I believe you are referring to project Voltron, which is founded by 8 banks: Bangkok Bank, BNP Paribas, CTBC, HSBC, ING, Natwest, SEB and Standard Chartered. We are the technical delivery partner of project Voltron. CryptoBLK has supported the pilot run of Bangkok Bank recently and congratulates the bank’s successful completion of live transaction in February.
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