Paul Chan: Blockchain, AI, and Other Technologies Empower Financial Services, Creating a More Efficient Transaction System

Odaily News, Hong Kong Financial Secretary Paul Chan published a Secretary's Essay titled "'AI+' and 'Finance+' Mutually Promote Each Other," pointing out that we are currently at a critical juncture of technological innovation. Artificial intelligence is not only a core technology of the future but also a tremendous force capable of impacting thousands of industries. The innovation within financial services itself further aids the real economy in expanding incrementally and overcoming pain points. Technological innovations such as AI and blockchain are continuously empowering financial services, creating a more efficient and convenient transaction system, and opening new channels for various corporate activities including trade, financing, and risk management.