According to Hong Kong Ta Kung Pao , the two-day global high-end economic summit 2023 Greenwich Economic Forum (Greenwich Economic Forum, hereinafter referred to as the GEF Forum) was held at the Hong Kong Stock Exchange on June 15. Keyun Chain”, stock code: 01499.HK) was invited to attend, and announced at the conference that its subsidiary OKLink has officially completed product upgrades and launched a new service - an integrated solution for AML (Anti-Money Laundering) on the chain. The upgrade demonstrates the technical strength of Okey Cloud Chain in the field of on-chain data, as well as the layout and determination to use technology to empower the compliant development of the virtual asset industry.
On the first day of the conference, Zhang Chao, vice president of Okey Cloud Chain and executive director of Okey Cloud Chain Holdings, delivered a keynote speech entitled "Regulatory Technology - The Key to Web3 for the Financial System". In addition, Okey Cloud Chain also launched a roundtable forum on the theme of "Regulatory Technology and Web3 Compliance Development Landscape and Prospects". The roundtable was chaired by Dr. Doris Keung, Senior Inspector of the Network Security and Technology Crime Investigation Division, Angelina Kwan, CEO of Stratford Finance, Ken Lo, Vice Chairman of the Board of Directors of BC Technology Group Co., Ltd., Kay Hung, Director of Technology and Operational Risk of ZA Bank, and other guests jointly discussed the cooperation of the virtual asset trading platform. In-depth discussion on relevant content such as regulation, regulatory technology, anti-money laundering standards and rules, etc.
Zhang Chao, Vice President of Okey Cloud Chain and Executive Director of Okey Cloud Chain Holdings
As one of the earliest blockchain technology companies established in China, Okey Cloud Chain has been committed to the commercial application of blockchain technology and big data on the chain. The new upgrade of Okey Cloud Chain's products is not only a response to the new situation in the virtual asset market, but also a concentrated display of Okey Cloud Chain's long-term research and scientific research achievements in the field of blockchain technology and big data. After the upgrade, OKLink's product line covers the Web3 one-stop data analysis platform Blockchain Explorer (Explorer), the on-chain anti-money laundering solution Onchain AML (Onchain AML), and the on-chain SkyEye (Chaintelligence) that assists in supervision, etc.
According to official sources, the Hong Kong virtual asset trading platform licensing system came into effect on June 1. All platforms that intend to engage in virtual asset business in Hong Kong can apply for a license issued by the SFC and be regulated by it. With the gradual opening up of Hong Kong's virtual asset market, virtual asset trading platforms will also face stricter regulatory and compliance requirements, among which anti-money laundering capabilities have become the focus of qualification review. Effective anti-money laundering measures (AML) can help virtual asset service providers to complete license applications effectively and quickly, prevent virtual asset crimes, and improve the compliance and security of virtual asset transactions. Zhang Chao said at the conference that OKLink has as many as 3 billion address tags. Through multi-dimensional evaluation, comparison and risk identification of these huge address tags, a visual product has been formed, which can meet the needs of different user groups. Anti-money laundering requirements for virtual assets.
Zhang Chao, vice president of OKLink and executive director of OKLink Holdings, mentioned in his keynote speech that the latest Onchain AML anti-money laundering compliance solution launched by OKLink is at the right time and is "prepared for a long time". Panoramic compliance analysis tools, on-chain security detection capabilities, situational awareness early warning and monitoring systems, data models and labeling capabilities, commercial data analysis and industry trends, 30+ mainstream public chains and full analysis of 2 million+ projects and other six core capabilities , in assisting government agencies to identify and combat cryptocurrency-related crimes, quickly carry out virtual asset compliance and business risk prevention and control, timely discover risk events on the chain, actively intercept and identify early warnings, overlook the Web3 industry from a regulatory perspective, and assist in decision-making. important role.
Ren Yunan, chairman and chief executive officer of OKLink, said: "This new business upgrade of OKLink will greatly enhance our product capabilities and market competitiveness, and provide the industry with more complete compliance and risk prevention and control solutions. We believe in regulatory technology It is a booster for the development of the industry. On the one hand, it can help enterprises achieve compliance, and on the other hand, it can use technology to empower regulatory agencies. In the future, we will continue to deepen technological research and innovation, and actively promote compliance and reliability of the virtual asset industry. sustainable development".
The Greenwich Economic Forum was held in Hong Kong for the first time, bringing together global finance, business, technology, government, media and industry leaders to discuss financial technology, blockchain, Web3.0 and digital assets, artificial intelligence AI, wealth management , ESG, new energy and sustainable development. Nicolas Aguzin, CEO of HKEX, Joseph Chan, Deputy Secretary for Financial Services and the Treasury, King Leung, Head of Financial Technology at Invest Hong Kong, Mark Mobius, godfather of emerging markets ) and Nobel Laureate in Economics Dr. Michael Spence and other government agencies and thought leaders attended the forum.