Xeptagon took part in the Asian Financial Forum (AFF) 2023 held in Hong Kong. The event
brought together many global financial thought leaders in person with the participation of
industry leaders, policymakers, fintech innovators and investors from over 80 countries. With
the event having a core focus on sustainability and decarbonization this year, Xeptagon was
able to introduce the recent work carried out in the Carbon Credit Registry and Carbon Credit
Trading domains (more details here) to the
participants. In addition, we introduced our fintech products and fintech development
services on blockchain and financial data modelling.
The 16th edition of the Asian Financial Forum, organized by the Government of the Hong Kong
Special Administrative Region (HKSAR) and the Hong Kong Trade Development Council (HKTDC),
was held from the 11th to the 12th of January 2023, at the Hong Kong Convention and
Exhibition Centre (HKCEC). The event gained participants from over 80 countries with over 170
global speakers. The theme for the year was “Accelerating Transformation: Impact - Inclusion -
Innovation”. This event created multiple business and collaboration opportunities allowing
exhibitors to raise brand awareness as well as interact with potential clients and investors
through the deal flow matchmaking sessions.
Apart from global financial leaders, key policymakers such as the former United Nations
Secretary General Ban Ki-moon also participated in the forum. The importance of quickly
attending to the environmental threats faced by the planet was stressed with a focus on
achieving the UN Sustainable Development Goals (SDGs). Discussions were also on how the
global finance sector can move towards a net carbon zero future. These discussions made
sustainability and decarbonization the core focus of the event.
Xeptagon is currently developing a national level carbon credit registry and a trading system
for an inter-governmental organization. The system is in line with the net-zero carbon goals
discussed in the forum. The blockchain based carbon credit registry will support the full
carbon credit life cycles with the ability to authorize, transfer, certify and retire carbon
credits. The use of blockchain is to safeguard immutability and transparency in the carbon
credit transfer process. The initial phase of the project will be launched in the 1st quarter
Xeptagon intends to continuously work on the carbon trading domain as well as blockchain,
metaverse, NFT, and the financial analytics domains.