According to his official essay, Paul Chan says AI and blockchain are key to financial innovation, improving transactions, trade financing, risk management, and supporting Hong Kong’s real economy at a pivotal tech moment.
Hong Kong Financial Secretary Paul Chan, in an official essay, said AI and blockchain are empowering financial services. He described the present as a key node for tech innovation, asserting that financial innovation supports the real economy. Chan said these technologies enable more efficient transaction systems and open channels for trade, financing, and risk management.