Tencent Financial Academy Works With University Of Hong Kong To Pursue Fintech R&D Projects


Tencent Financial Academy Collaborates With University Of Hong Kong To Pursue Fintech R&D Projects

Tencent, a major IT giant in China, is the home of its subsidiary Tencent Financial Academy, which just decided to collaborate with the University of Hong Kong. According to Chinese media outlet QQ, the collaboration is meant to promote the research and development within the local fintech industry.

Specifically, this collaboration will bring together the blockchain and fintech lab of the computer science department at the University. By September, locals can expect the launch of the fintech course at the University of Hong Kong’s bachelor program. There will also be a chance to get involved with the internship opportunities that the university offers, which will include workshops, guest lectures, and corporate visits. Established in 2018, the Tencent Financial Academy was originally created with the intention of discovering new talent to push forward modern finance.

Speaking on behalf of Tencent, VP Lai Zhiming expressed the continued pursuance that Tencent Financial Institute has had in the fostering of the financial technology and cross-border development of Hong Kong. With their work with the university, Zhiming believes that the overall development of fintech within Hong Kong’s borders will flourish, and the collaboration will improve the popularity of such technology while enhancing the elite nature of it.

The dean of the University of Hong Kong, Professor Zhao Yuheng, added that the courses that they offer students will offer professional knowledge of financial technology, and the efforts from Tencent’s subsidiary will help with the building of skills that their students can take to the industry for their future careers.

Last October, a coinless blockchain was launched by the Chinese Financial Blockchain Shenzhen Consortium (FISCO). The efforts were headed up by Huawei, a telecommunications company with global support, and Tencent.

Last month, Ripple took a similar path, expanding its University Blockchain Research Initiative, which is growing into a worldwide opportunity. The most recent additions to the initiative include the United States, China, Singapore, and Brazil.

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