Vision Carbon by CityU Won Gold Medal with its Blockchain-based Carbon Trading Platform
HONG KONG SAR – Media OutReach – 29 May 2023 – Hosted by the City University of Hong Kong (CityU) and supported by HSBC, the FinTech Olympiad (FTOL) 2023 competition convening 94 teams across 18 universities from cities in the Greater Bay Area (GBA) was concluded with an award ceremony on 27 May. In the final pitch round, 20 finalist teams pitched their financial technology-enabled business solutions to a panel of industry leaders. Vision Carbon, a team from the City University of Hong Kong won the Gold Medal and “The Best Cross-Border FinTech Solution” award with its blockchain-based project aimed to enhance the transparency, verifiability and traceability of carbon credit trading across the GBA. Vision Carbon’s solution proposed to ease carbon offsets for both businesses and individuals.
