HSBC announced on May 22, 2025, that it has officially launched the first tokenized deposit-based corporate cash management solution in Hong Kong. This is the first blockchain settlement service provided by a bank, enabling corporate users to conduct real-time settlement transactions for Hong Kong dollars and US dollars around the clock, breaking through time restrictions and marking an important step in digital corporate treasury management.
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ToggleCross-Company Wallet Instant Transfer, Breaking Traditional Settlement Limitations
HSBC pointed out that the newly launched tokenized deposit service allows enterprises to conduct instant transfers of Hong Kong dollars or US dollars between different subsidiaries, without being limited by bank operating hours. This function can significantly improve enterprise fund liquidity efficiency and make treasury management more flexible and transparent.
The infrastructure is built on HSBC's private blockchain, laying the foundation for supporting more digital currency and tokenization application scenarios in the future, and can potentially connect with various applications including the Ensemble project led by the Hong Kong Monetary Authority (HKMA).
Ant International First to Join! Whale Platform Successfully Completes Real-Time Payment Transaction
As the first enterprise to access this solution, Ant International successfully completed a real-time payment transaction through its treasury platform "Whale". Deposits between its internal subsidiaries were tokenized, with the Whale platform directly issuing instructions to HSBC to complete fund transfer, with the entire process being automated, transparent, and instantaneous, significantly improving fund utilization efficiency.
Li Yue, Platform Technology General Manager at Ant International, stated that this collaboration is another important progress after their Ensemble project test, emphasizing that tokenization will be the "key to connecting traditional bank stability with blockchain efficiency".
Derived from Ensemble Experimental Results, HSBC Continues to Expand Tokenization Applications
HSBC and Ant International had already conducted cross-bank HKD test transactions in the HKMA's Ensemble sandbox project in October 2024, verifying the real-time cross-bank clearing capability of tokenized deposits.
Sun Lei, Global Head of Local and Innovative Payment Products in HSBC's Global Payment Solutions, noted: "Tokenized deposits can provide enterprises with a safe, compliant digital payment method within a regulated financial framework, helping to improve overall financial market efficiency."
He added that this innovative technology can be popularized to more markets, leveraging the advantages of instant settlement and programmable fund flow to bring more diverse application scenarios.
Aligning with HKMA's DLT Incubator, HSBC Takes the Lead in Pilot Test
This new service has also become the first pilot project of the Hong Kong Monetary Authority's Distributed Ledger Technology (DLT) regulatory incubator, with HSBC set to test and refine the feasibility and compliance mechanisms of tokenized deposits on the platform.
Currently, HSBC has completed several proof of concept (POC) use cases in the Ensemble project, including tokenized deposit and digital asset interconversion, and cross-chain transfers to different financial institutions, demonstrating its technological maturity and innovation potential.
The Ensemble project, led by the Hong Kong Monetary Authority, aims to build an innovative financial infrastructure platform to promote Hong Kong as a global leader in tokenized finance. The platform's core is to achieve instant tokenized fund settlement between banks through wholesale Central Bank Digital Currency (wCBDC).
HSBC's leading role in this project demonstrates its active embrace of tokenization and blockchain technology, paving the way for the future transformation of Hong Kong's financial market.
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As AI technology flourishes, a group of passionate young people in Huang Renxun's hometown of Tainan are dedicated to promoting artificial intelligence and sustainable environmental protection. They co-founded Aireco (Eco Circular) to redefine the economic value of resource recycling through innovative AI solutions, aiming to create an AI-driven resource recycling ecosystem that injects new momentum into traditional industries and transforms waste management into a high-value circular economy model.
Aireco was selected this year by the Silicon Valley-famous Plug and Play accelerator as part of the first batch of startups in Taiwan. At Computex 2025, they exhibited a video explaining their technical operating mode at the NVIDIA Inception showcase. Below is a simple introduction to Aireco's core technology, corporate philosophy, and NVIDIA Isaac Sim application scenarios. For detailed company introduction and technical explanation, please visit the Aireco official website.
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ToggleAireco Introduction
Aireco collaborates with NVIDIA to develop an AI recycling system, replacing human visual identification with computer vision and human labor with robotic arms for selection and classification. Through data analysis and software-hardware integration, it can accelerate traditional factory operations, providing AI solutions for waste management and improving efficiency.
Aireco Recycling Process
Aireco applies computer vision and robotic arms to waste classification, effectively replacing manual visual inspection and manual screening processes through AI, big data analysis, and simulation training. Its system helps enterprises integrate software and hardware, accelerating automation in traditional recycling factories and achieving the dual goals of intelligence and sustainable operation.
Aireco Develops Three Core Technical Products, Constructing an Intelligent Recycling System
RECO Vista: Enhances waste identification and classification through actual production line image data and AI deep learning algorithms, improving material reuse value.
RECO Delta: Utilizes robotic arms for high-efficiency, high-precision classification operations, significantly improving waste processing speed and material recovery rate.
RECO Cognita: Based on data science, integrating IoT and edge computing, helps traditional enterprises build a comprehensive AI management system to effectively monitor production processes and operational performance.
How Does Aireco's Technology Work?
To train high-performance AI models, Aireco uses the NVIDIA Omniverse platform. First, they design a 3D model of a product and alter its shape to look like waste. They can use professional cameras to capture actual products or recreate a 3D model, then load them into NVIDIA Isaac Sim to simulate a real training environment. Using physical effects, these 3D objects are dropped onto textured backgrounds. Then, using NVIDIA Replicator, they generate scene images and annotations, creating various images from a fixed number of 3D models to train AI for effectively identifying waste types and processing methods.
Isaac Sim is a technology from the NVIDIA Omniverse platform, providing highly scalable simulation capabilities that support complete processes including data generation, software verification, and machine learning, helping developers accelerate AI robot system development and deployment in a safe, controllable virtual environment.
What is NVIDIA Isaac Sim?
NVIDIA Isaac Sim™ is a reference application built on NVIDIA Omniverse™ that allows developers to simulate and test AI-driven robotic solutions in a physics-based virtual environment.
Isaac Sim is fully extensible, enabling developers to build custom simulators based on Open Universal Scene Description (OpenUSD) or integrate core Isaac Sim technology into existing testing and validation processes.
Isaac Sim's Working Principle
Isaac Sim operates through three basic workflows: generating synthetic data for training and fine-tuning robot base models, performing software-in-the-loop testing on robot stacks, and machine learning through Isaac™ Lab.
Risk Warning
Cryptocurrency investment carries high risk, with prices potentially experiencing significant volatility. You may lose all of your principal. Please carefully assess the risks.
