Hong Kong and Singapore sign fintech deal, agree to work together on blockchain

Two Asian powerhouses sign fintech deal, agree to collaborate on blockchain

  • Hong Kong and Singapore have agreed to cooperate on a cross-border trade project based on blockchain technology as part of a broader joint strategy on financial technology.
  • The two Asian powerhouses’ central banks signed a fintech deal Wednesday to collaborate on a number of projects including business innovation, data sharing and exchange of expertise.
  • “Hong Kong and Singapore are the two leading international financial centers in the region and are actively deploying fintech,” Norman Chan, chief executive of the Hong Kong Monetary Authority (HKMA), said in an announcement Wednesday.
  • “Collaboration between the HKMA and MAS (Monetary Authority of Singapore) will create significant synergy for the development of fintech and more efficient fund flows between the two markets.”
  • The announcement was made at a fintech conference in Hong Kong.

Hong Kong and Singapore’s central banks signed a fintech deal Wednesday to collaborate on a number of projects.
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Bitcoin coffee machine featured on BBC World Service

Bitcoin coffee machine featured on @bbcworldservice:

  • Bitbarista is a Bitcoin powered, semi-autonomous coffee machine, developed by researchers Ella Tallyn, Larissa Pschetz and Rory Gianni.
  • Described by the BBC as “a coffee machine with a life of its own, dispensing coffee to punters with an ethical preference”, it was designed to explore the perceptions of value transactions using a novel Internet of Things device and serves coffee in exchange for a Bitcoin contribution towards its future…
  • The sub theme of ‘New Digital Geographies’ was a perfect fit to showcase Bitbarista, as it explored political, ecological and geographic implications of a new decentralised digital society, where technologies such as Bitcoin and Blockchain facilitate new ways of sharing and transferring value.
  • Bitbarista is currently undergoing a trial of long-term use which is revealing reactions to the machine’s autonomous features, and about making coffee choices based on the dynamic, bigger picture of coffee production and supply, rather than immediate personal desires.
  • Researchers are also exploring options for new research funding to examine how the Bitbarista could be integrated into the practice and business of growing and supplying coffee.

Researchers from ECA’s Centre for Design Informatics recently attended the RGS-IB Annual International Conference in London, where one of their digital devices – Bitbarista – caught the eye of a BBC World Service journalist.
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Winklevoss twins launch bitcoin exchange in the UK

Winklevoss twins launch bitcoin exchange in the UK -…  #bitcoin #fintech #btc #crypto

  • Bitcoin is basically money working the way your email works: imagine if your email had to shut down at 5pm and during the weekend.
  • “The past is the past, we’re very proud of the way we handled righting a wrong and we achieved a solid degree of justice,” Tyler Winklevoss said. “
  • Having first heard about the digital currency while holidaying in Ibiza in 2012, the pair, formerly Olympic rowers, launched their online marketplace Gemini in New York last year, allowing traders to buy and sell bitcoin for dollars.
  • “We know there’s been a lot of demand for our services in the UK, we know there’s a strong desire, New York and London are financial capitals of the world and speak the same language,” Tyler Winklevoss said.
  • It comes amid resurgent interest in the digital currency, which has seen its price hit a two-year high after a collapse in 2014.

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@betbybitcoins: “Winklevoss twins launch bitcoin exchange in the UK -… #bitcoin #fintech #btc #crypto”


The twin brothers who sued Mark Zuckerberg after claiming he stole their idea for Facebook are opening an exchange for buying and selling bitcoins in the UK.


Winklevoss twins launch bitcoin exchange in the UK