Crypto-Mania Grips Hong Kong as City Looks Beyond Banking
- The finance and shipping hub is hunting for new growth drivers
- Hong Kong faces stiff competition from Singapore, Dubai
McAfee Says China ICO Ban Won't Halt Cryptocurrencies
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In the mid-1990s, Johnson Leung embarked on a career in shipping. In the early 2000s, he moved to finance. And now, he runs a Hong Kong startup that aims to improve how container ships are booked using blockchain technology.
Many in Hong Kong hope the city can make a similar leap. The shipping and banking hub, which has struggled for years to nurture a domestic technology industry, is embracing the blockchain revolution as it looks for new sources of growth.