Joseph Chan, Under Secretary for Financial Services and the Treasury of The Government of Hong Kong SAR, welcomes Chainlink Co-Founder Sergey Nazarov to the Asian gateway as SmartCon kicks off.

Nazarov says he sees Hong Kong as the ideal place to hold SmartCon because there is a strong mix of capital markets and traditional finance, decentralized finance initiatives, and Web3 innovation. Chan agreed with Nazarov saying that Hong Kong, which is the largest financial center in Asia, was committed to creating a Web3 hub in the region and has been at the forefront of several digital asset initiatives, including offering one of the world’s first tokenized government green bonds, offering a virtual asset trading platform, and much more. Nazarov comments that Chainlink is excited to work with the Hong Kong business community as the industry-standard technology to solve some of the most pressing financial issues.

Chainlink is the industry-standard decentralized computing platform powering the verifiable web. Chainlink has enabled over $16 trillion in transaction value by providing financial institutions, startups, and developers worldwide with access to real-world data, offchain computation, and secure cross-chain interoperability across any blockchain. Chainlink powers verifiable applications and high-integrity markets for banking, DeFi, global trade, gaming, and other major sectors.

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