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Paul Chan: Technologies such as blockchain and AI are empowering financial services and creating a more efficient transaction system
Svmuu News: Hong Kong Financial Secretary Paul Chan published an essay titled “The Synergy Between ‘AI+’ and ‘Finance+’,” in which he noted that we are currently at a critical juncture for technological innovation. Artificial intelligence is not only a core technology of the future but also a powerful force capable of impacting every sector of the economy. Innovation in financial services itself further helps the real economy grow and scale up while overcoming pain points. Technological innovations such as AI and blockchain are continuously empowering financial services, creating more efficient and convenient transaction systems, and opening up new channels for enterprises’ trade, financing, and risk management activities.
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