SWIFT completes blockchain proof of concept for Nostro reconciliation

SWIFT completes blockchain proof of concept for Nostro reconciliation

The PoC showed that DLT could deliver the business
functionalities and data richness required. However, there are several
pre-requisites for industry wide adoption, including migrating all account
servicers from batch to real-time liquidity reporting and processing, and upgrading
back office applications to feed the platform with real-time updates. 

Professional Diploma Programme in Industry 4.0 launched in Hong Kong

Professional Diploma Programme in Industry 4.0 launched in Hong Kong

The HKPC Academy of the Hong Kong Productivity Council, the Vocational Training Council and the Fraunhofer Institute for Production Technology from Germany have joined hands for the programme. The “Smart Industry One Consortium” has also been launched to help Hong Kong companies keep abreast of the latest development in Industry 4.0.

New joint cyber security centre launched in Sydney

New joint cyber security centre launched in Sydney

The new Sydney centre is part of the Australian Government’s
A$47m Joint Cyber Security Centre program. Currently, there are JCSCs located in
Brisbane, Perth, Melbourne and Sydney, with the Adelaide centre due to open
later in 2018.