Entrepreneurs are turning “Greater Bay Area” from a slogan into an actual opportunity for Hong Kong fintech.
But in limited situations, as shown by Lombard Odier’s purchase of a securitized insurance contract originated over a private blockchain.
Fei Zhang of B3i founding member Allianz says the consortium will transform into a company as it puts debut products into production.
Ethereum is a blockchain technology that is designed to be universal, supporting all manner of applications and functions, says its creator, Vitalik Buterin.
Many commercial uses for blockchain technology will originate from the open-sourced community of Hyperledger.
Ethereum is meant to be a more useful, secure and adaptable crypto-currency/blockchain platform than Bitcoin.