Yu Weiwen, President of the Hong Kong Monetary Authority: Cooperation between Hong Kong and the Mainland is reflected in the application of blockchain

According to the first financial news, today, the Hong Kong Monetary Authority's President Yu Weiwen said in an interview recently that the cooperation between Hong Kong and the Mainland has been reflected in the application of blockchain. The affiliates of the People ’s Bank of China ’s Digital Currency Research Institute have signed a “Memorandum of Understanding” and will conduct a proof-of-concept on the docking of trade finance platforms in the first quarter of next year.