Hong Kong Monetary Authority Releases Fintech Promotion Blueprint: Exploring Distributed Ledger Technology and AI Applications and Launching Quantum Readiness Index

Odaily Planet Daily News: The Hong Kong Monetary Authority announced the release of a Fintech Promotion Blueprint, which will introduce four flagship projects, including:

1. Quantum Readiness Index: Assessing the banking sector's preparedness in the post-quantum cryptography (PQC) field;

2. New Risk Data Strategy: Fully leveraging AI and Distributed Ledger Technology (DLT) in cutting-edge applications to enhance the data management capabilities of banks;

3. Fintech Cybersecurity Benchmark: Focusing on the application of emerging technologies such as AI and distributed ledger, aiming to provide clear security guidelines for fintech companies collaborating with banks;

4. Qualification Development Support: Helping industry professionals better understand the skills needed to incorporate AI and distributed ledger technology into next-generation financial products and services.