Hong Kong's 2016-17 Budget supports Blockchain

www.budget.gov.hk

"63. Government will encourage the industry and relevant organisations to explore the application of "Blockchain" technology in the financial services industry, with a view to developing its potential to reduce suspicious transactions and bring down transaction costs. The Cyberport will provide training to the industry through its incubation programme to promote relevant technologies for developing more services and products."

Pretty exciting to see the word "blockchain" in Hong Kong's budget. That's all thanks to the tireless work of certain members of our community here. Stay tuned!

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