We are excited to announce that InnoBlock Technology is participating in the Hong Kong Monetary Authority’s (HKMA) Project Ensemble Sandbox, focusing on the Green and Sustainable Finance – Carbon Credits use case.

This initiative marks a significant advancement in the tokenisation of assets within the financial sector. The HKMA recently launched the Sandbox, facilitating interbank settlement using experimental tokenised money. Our participation underscores our commitment to fostering innovation in sustainable finance.

Through this collaboration, we aim to contribute to the development of a robust regulatory framework that supports the growth of the tokenised asset market in Hong Kong. We are looking forward to working closely with HKMA, SFC, and other industry players to drive meaningful change in the financial landscape.

Stay tuned for updates as we embark on this exciting journey!

HKMA official press release:
https://www.hkma.gov.hk/eng/news-and-media/press-releases/2024/08/20240828-3/