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“Hong Kong E-commerce Development Summit” & “E-Commerce Youth Entrepreneurship Scheme” drives e-commerce development in Hong Kong and promotes youth entrepreneurship

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Co-hosted by Guangdong Hongkong and Macau Youth Enterpreneurship Incubator, together with the Hong Kong eCommerce Research Centre, and organized by Bonjour Technology, the “Hong Kong E-commerce Development Summit” & “E-Commerce Youth Entrepreneurship Scheme” was officially launched today at Bonjour Group Centre in Bonjour Tower. The “Hong Kong E-commerce Development Summit” discussed how the converging of capital flow, logistic flow and data flow empower the e-commerce industry to become the main driving force of Hong Kong’s future economic development and young entrepreneurship. “E-Commerce Youth Entrepreneurship Scheme” also kicked off today, aiming to encourage and assist university students in Hong Kong to kickstart their own career in e-commerce without any costs; and to promote the development of e-commerce in Hong Kong.

Hong Kong E-commerce Development Summit

The Summit gathered the e-commerce industry’s top-level professionals, including the representatives of six e-commerce associations, namely Hong Kong Federation of E-commerce, Hong Kong Entrepreneurs Association, Hong Kong Internet and e-Commerce Association, Hong Kong Federation of E-commerce, Hong Kong Cross-border E-commerce Association and Hong Kong Blockchain Industry Association, as well as representatives from leading e-commerce enterprises including Alibaba, Tencent, JD, eBay and Google, to discuss how the synergy of capital flow, logistic flow and data flow empowers the e-commerce industry and capitalizes Hong Kong’s traditional advantages to build a successful e-commerce service system in the Greater Bay Area. The Summit also focused on how e-commerce becomes the main driving force of Hong Kong’s future economic development, how new technologies and new economies promote the development of traditional local enterprises, as well how enterprises benefit from e-commerce to encourage young entrepreneurs. The Summit aimed to strengthen the local enterprises’ understanding on e-commerce and further drive the development of the retail industry.

E-Commerce Youth Entrepreneurship Scheme

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The Scheme was hosted by Guangdong Hongkong and Macau Youth Enterpreneurship Incubator, and organized by Bonjour Technology, aiming to at nurture young local e-commerce entrepreneurs and enhance the development of e-commerce in local businesses. The Scheme will take on 1,000 Hong Kong university students. Students who are interested in the scheme can apply online starting from today (see attached QR Code) and will have the opportunity to develop their own e-commerce businesses on the systematic and comprehensive sales platform established by Bonjour Technology. Bonjour Technology invested approximately HK$50 million to provide professional trainings and assist participants to start their own businesses with ease so as to enhance the development of e-commerce in local businesses

Mr. Clement J W CHEN, JP, Honorary Chairman of Guangdong Hongkong and Macau Youth Enterpreneurship Incubator, said: “The development of e-commerce has become a new trend. We hope to bring innovative business opportunities to the young generation. By providing various resources and trainings on our platform, we aim to nurture a group of e-commerce entrepreneurs. We encourage the youngsters to take on challenges and grasp the opportunity to join this E-Commerce Entrepreneurship Scheme, with a hope to drive e-commerce development in Hong Kong and act as a catalyst to  the development of Hong Kong’s e-commerce enterprise ecosystem.”

Blockchain

LCT Secures VARA In-Principle Approval, Defining Its Role in Dubai’s Crypto Landscape

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Bybit One-Click Buy Offers a Winning Chance in First-Time Deposits Lucky Draws

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Blocks & Headlines: Today in Blockchain (BlackRock, Plume, SEALSQ, Hedera, Deutsche Bank, KuCoin)

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Blockchain technology continues to drive innovation across industries, reshaping finance, infrastructure, and philanthropy. Today’s news roundup explores exciting developments in blockchain ETFs, tokenization funding, quantum-resistant chips, public blockchain initiatives, and impactful social projects. Here’s a deep dive into the latest blockchain headlines:

BlackRock ETF Embraces Blockchain with First Muni Bond Purchase

BlackRock’s blockchain-focused ETF has made its first foray into municipal bonds, signaling increased confidence in integrating blockchain technology with traditional finance. The ETF’s strategic investment demonstrates how blockchain can enhance transparency and efficiency in bond markets.

By tokenizing municipal bonds, BlackRock aims to simplify trading and settlement processes while reducing associated costs. This development underscores the growing role of blockchain in transforming financial instruments and fostering greater market accessibility.

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Source: Yahoo Finance

Plume Secures Funding for Tokenization Platform

Blockchain fintech company Plume has raised significant funding to advance its tokenization platform. The company’s innovative approach enables businesses to convert real-world assets into digital tokens, streamlining asset management and unlocking liquidity.

Tokenization is rapidly gaining traction as a game-changer in sectors such as real estate, art, and commodities. Plume’s success reflects a broader trend of investment in blockchain solutions that bridge the gap between traditional assets and decentralized technologies.

Source: Fortune

SEALSQ and Hedera Partner for Quantum-Resistant Blockchain Chips

SEALSQ and Hedera have announced a groundbreaking collaboration to develop quantum-resistant chips designed to secure blockchain infrastructure. These advanced chips will provide robust protection against future quantum computing threats, ensuring the integrity of blockchain networks.

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As quantum computing capabilities evolve, safeguarding blockchain ecosystems becomes increasingly critical. This partnership highlights the importance of proactive measures in maintaining the resilience and trustworthiness of decentralized systems.

Source: The Quantum Insider

Deutsche Bank’s Public, Permissioned Blockchain Initiative

Deutsche Bank’s Layer 2 blockchain solution is set to go public and operate as a permissioned network, according to its tech partner. This initiative aims to strike a balance between accessibility and security, leveraging blockchain to streamline financial services and enhance operational efficiency.

The decision to adopt a public, permissioned model reflects a growing trend among enterprises seeking to harness the benefits of decentralization while maintaining control over sensitive data. Deutsche Bank’s approach could serve as a blueprint for other financial institutions exploring blockchain adoption.

Source: CoinDesk

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KuCoin’s “Light Up Africa” Initiative Brings Hope to Thousands

Cryptocurrency exchange KuCoin has made a significant impact through its “Light Up Africa” donation ceremony in Ghana, benefiting 36,000 children across the continent. The initiative combines blockchain technology with philanthropy to address energy poverty and support education.

By leveraging blockchain for transparency in charitable contributions, KuCoin sets an example of how the crypto industry can drive meaningful social change. The project demonstrates the potential of blockchain to empower communities and foster sustainable development.

Source: PR Newswire

Industry Implications and Key Takeaways

Today’s developments highlight the transformative potential of blockchain across multiple domains:

  1. Integration with Traditional Finance: BlackRock’s ETF underscores the synergy between blockchain and established financial systems.
  2. Tokenization Trends: Plume’s funding success reflects the growing demand for digital asset solutions.
  3. Quantum-Resistant Technologies: SEALSQ and Hedera’s partnership addresses emerging cybersecurity challenges.
  4. Enterprise Blockchain Adoption: Deutsche Bank’s public, permissioned network showcases the adaptability of blockchain in financial services.
  5. Social Impact: KuCoin’s philanthropic efforts illustrate blockchain’s capacity to drive positive societal outcomes.

The post Blocks & Headlines: Today in Blockchain (BlackRock, Plume, SEALSQ, Hedera, Deutsche Bank, KuCoin) appeared first on News, Events, Advertising Options.

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