Best Blockchain or Distributed Ledger Technology in Hong Kong - River Chain from River Square
The winning institution constructed a revolutionary blockchain-based platform to address the financing challenges faced by suppliers and subcontractors in the construction industry, a game changer in the industry. The platform, using immutable data and a standardised blockchain solution, connects suppliers and subcontractors with liquidity providers who are committed to providing financial inclusion via competitive rates. Since its launch in October 2022, the platform has successfully onboarded more than 300 users, and the platform has successfully provided loans to suppliers and subcontractors by working closely with various financial institutions.
Offering a secure, efficient, and transparent financing solution that sets it apart from traditional options, the Best Blockchain or Distributed Ledger Technology in Hong Kong is River Chain from River Square.