(Hong Kong, 20 September 2023) — OSL, a recognised leader in the digital asset sector and one of the first to secure licensing, under the BC Technology Group (863.HK), is pleased to announce a collaboration with the Faculty of Business, Hong Kong Polytechnic University (PolyU Business School, “PBS”). Together, they are establishing a Web 3.0 research centre, focusing on advancements in AI and tokenisation. This initiative, among the first in the region, showcases Hong Kong’s commitment to contemporary technology and education, aiming to make a positive impact on the Web 3.0 and Artificial Intelligence (“Web 3.0 AI”) domains.
Education for the Future: A Step Forward in Development
Hong Kong’s proactive stance on Web 3.0 development has attracted attention, bolstered by consistent government support. This partnership highlights PBS’s pivotal role, tapping into its distinguished academics and the promising talents from its globally acclaimed Doctor of Business Administration and Doctor of FinTech programmes. These graduates are set to become key contributors to the research centre, offering innovative insights and advanced expertise. The collaboration is a testament to the synergy between academia and industry, preparing students with the essential knowledge and skills for the dynamic digital era. Additionally, it paves the way for these emerging professionals to collaborate with commercial entities, enriching their educational journey.
“Partnering with OSL not only forges a connection between academia and industry but also heralds a renewed focus on educational excellence in Hong Kong,” commented Professor Brian Kei, Fintech Practitioner at the School of Accounting and Finance, PolyU. “We’re poised at the cusp of this transformative phase, shaping the nexus of technology and education.”
Regulatory Leadership: OSL’s Commitment to the Partnership
OSL has been instrumental in shaping industry compliance and regulations. Their dedication to regulatory adherence ensures investor protection and sets a high bar for the industry. With the recent introduction of the AI initiative, OSL further demonstrates its leadership, applying AI to address real-world business challenges.
“OSL’s extensive experience and progressive vision are key in steering this collaboration,” noted Ken Lo, Deputy Chairman of BC Group. “Together with PBS, our focus is to amplify Web 3.0 and digital asset endeavours, bolstering Hong Kong’s stature in the international tech landscape.”
This partnership signifies a forward move in Hong Kong’s technological and educational realms. By centring on Web 3.0 and digital assets, the city is gearing up for upcoming innovations in the sector. An imminent launch event will shed more light on this collaborative venture.
About OSL Hong Kong
As a subsidiary of the publicly listed OSL Group (HKEX: 863.HK), OSL Digital Securities is Hong Kong’s first and most established SFC-licensed and insured digital asset platform. Operating since 2018, the platform provides institutional-grade digital asset services to corporations, financial institutions, professional and retail investors.
OSL Hong Kong delivers services across five core domains: OTC brokerage, Omnibus broker solutions, custody, wealth management, and retail services. The OTC brokerage services provide 24/7 high-liquidity crypto trading with fiat on/off-ramp services. Custody solutions feature client-asset segregated wallet management backed by US$1 billion insurance coverage. The wealth management suite offers crypto investments to traditional investors, including tokenised treasuries, RWAs, structured crypto products, and quant investment strategies. Retail services bring institution-grade security and crypto access to professional and retail investors.
As a pioneer in bridging traditional finance and the digital asset economy, OSL Group adheres to its core concept: Open, Secure, and Licensed, empowering the next generation of global financial infrastructure. In addition to Hong Kong, OSL Group expands operations under full regulatory compliance in Japan, Australia, Europe and beyond.
For more information, visit osl.com.
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