HKMA Launches Projects to Boost AI and DLT
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Hong Kong's banking regulator, the HKMA, has launched projects to enhance AI and distributed ledger technologies through high performance computing. This initiative is part of the 'Fintech 2030' strategy aimed at establishing Hong Kong as a leading fintech hub. The blueprint includes four flagship projects focusing on quantum computing, risk data, cybersecurity, and user skill development. Additional activities will tackle challenges in fintech advancement, emphasizing responsible innovation and talent development to create a resilient fintech ecosystem.
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