More governments facilitating crypto business or adopting blockchain to ease regulatory burden for businesses

More governments facilitating crypto business or adopting blockchain to ease regulatory burden for businesses… HK again is conspicuous by its inactivity, see below two developments:

1. Switzerland Considers Granting CryptoBusinesses Access to Banking Services

• Swiss regulators and financiers are working to remove the obstacles: Setting up a taskforce and a set of standards for ICO startups in order for Crypto companies to receive banking services in Switzerland

• Switzerland is under pressure as competition from Malta, Gibraltar and Singapore becomes fierce… as they pulled out all stops to attract Crypto companies

• With a vision of becoming a Crypto Nation, both the government and banks recognize the benefits … and wish to promote Switzerland as a financial and technology hub

2. The State of Delaware awarded IBM$738,000 to create a blueprint for their blockchain based corporate filingsystem

• In 2016, the former governor of Delaware had the ambition to embrace blockchain technology by adding the state’s public archives to a blockchain

• legislation was introduced in 2017 to support blockchain which allow companies to keep their corporate records on the blockchain in order to maintain accurate data. IBM will design the blueprints for what could become Delaware's future blockchain-based corporate filing system

近年，外國政府正積極通過放寬法律限制來推動加密貨幣及區域鏈發展，對比之下香港顯得相形見絀，見以下兩則新聞；

1. 瑞士正考慮容許加密貨幣公司使用銀行服務

• 瑞士政府及金融界人士正積極為加密貨幣開路；包括委任專責人士及設立一系列首次代幣發行標準，讓相關公司能夠使用銀行服務。
• 馬爾他、直布羅陀、新加坡等國正不斷為加密貨幣業立法開路，瑞士的領導地位面臨巨大挑戰。
• 瑞士政府及銀行希望透過加密貨幣來鞏固瑞士金融科技中心的地位，把瑞士打造成加密貨幣王國。

2. 特拉華州與IBM達成價值七十多萬美元的區域鏈相關合同，為特拉華州建立企業內容管理系統

• 前州長在兩年前大力推動區域鏈相關發展，為州內公眾文件建立區域鏈。
• 政府在2017年立法容許公司利用區域鏈來保存企業檔案，以增加資料準確性。IBM將為特州建立企業內容管理系統區域鏈。

美國小州尚且放開懷抱，香港政策卻是捉錯用神

上一系列文章已分析區域鏈及加密貨幣為市場帶來的顛覆性的影響。（原文見：港府打壓頻仍 加密貨幣業出走他方（新經濟系列三））

就連風馬牛不相及的畜牧業亦不例外：美國懷俄明州北部已有農民利用區域鏈科技優化肉牛供應鏈，為高品質牛種之品質／來源地提供鐵證，增加牛隻銷量及單價。今年三月，該地政府正式通過加密貨幣有關法案《111號法案》，豁免加密貨幣於州內的財產稅，並將數字貨幣定義為新的資產類別，簡化加密貨幣在該州的區塊鏈技術使用，方便企業投資相關技術；結果，在近期已有超過200間相關公司在當地成立，勢成為懷俄明州繼能源、旅遊、農業之後的第四大經濟支柱（原文見：金融時報之：《Wyoming’s pioneering crypto cowboys beef up the supply chain》）

反觀香港，政府不但不為開發區域鏈相關行業提供誘因，卻只知向既得利益團體大擲公帑，助之更能排擠新興現象，如：落馬洲河套區科技園、創科創投基金、粵港澳大灣區等等。區域鏈的商業應用已日趨廣泛，若香港不能拆牆鬆綁，向懷俄明州虛心學習，令靈活的私人企業帶頭發圍，則只會令人覺得藥石亂投，效果是製造越來越多，由毫無商業經驗之學者、官僚掛帥的白象工程。

The previous article on Blockchain and Crytocurreny has mentioned its significant effects on the market. (see: 港府打壓頻仍 加密貨幣業出走他方（新經濟系列三） )

Even the ranch is now using Blockchain: On a ranch in northern Wyoming, a ranch owner use Blockchain to prove the quality of their cattle. It can help to capture and preserve value along every single step of the supply chain, thus boosting the price and sale of the products. In March, the laws of exemption of Crytocurrenies from taxation have been passed by the state legislative, as well as defined Cryptocurrency 'utility tokens' as new asset class. This move not only simplified the usage of the Blockchain technology, but also facilitated the investment of the associated technology. After that, around 200 new companies have registered in Wyoming in recent months.  Wyoming wants technology to be a fourth pillar of its economy behind energy, tourism and agriculture. (see: Financial Times: 《Wyoming’s pioneering crypto cowboys beef up the supply chain》)

Hong Kong government has does nothing on developing Blockchain technology. On the contrary,  spending a lot of money on those with a vested interest. For example: The Lok Ma Chau Loop, Innovation and Technology Venture Fund, Greater Bay Area to mention but a few. Nowadays, Blockchain technology has been widely used in financial world. Hong Kong should learn from Wyoming. let the flexible private companies grow and develop without intervention. Otherwise, there would be nothing but white elephant.