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InvestHK is the department of the Hong Kong government responsible for foreign direct investment and for promoting Hong Kong’s status as the leading international business hub in Hong Kong.The central bank of Sri Lank has selected three tech companies to develop a proof-of-concept for shared know-your-customer platform using blockchain.Blockchain, along with the internet of things (IoT) trackers and sensors, could reduce costs for retailers.

New data from Juniper research showed that blockchain will be essential to $31 billion in “food fraud savings” by 2024 by tracking food across the supply chain.The International Monetary Fund (IMF) recently released a blog, “Digital Currencies: The Rise of Stablecoins” outlining the adoption of new digital payment methods.Australian and Singaporean authorities have conducted a blockchain trial for cross-border digital trade document verification.Kadena, a blockchain network, has partnered with Rymedi, a healthcare data platform provider, to validate the quality of medicinal products via blockchain.Doron Rosenblum is the Managing Director of eToroX.

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In Web 3 era, the role of game publishers could be much more important.Stakeholders including the Silvergate Bank have responded to the OCC call recommending the regulator to improve US bank’s crypto capabilities.In a recent white paper entitled Central Banks and the Future of Digital Money—Consensys offers an insightful and practical overview of the potential and risks of CBDC.

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