SoftBank-Backed OneConnect Financial Technology to Work on Blockchain Platform Development
SoftBank-backed OneConnect Financial Technology has joined the China Merchants Port Group (CMPort) to build a blockchain-based platform logistics system.
Blockchain Arm of Ping An Insurance OneConnect Gives Details for its IPO Valued at $468M
OneConnect Financial Technolgy which is the blockchain and Artificial Intelligence arm of Ping An Insurance indicated the details of its $468 million IPO.
OneConnect Financial Technology Files for IPO in the U.S.
By
Anna Lee
OneConnect, the fintech arm of China’s largest insurance company Ping An Insurance, has filed for an IPO with the SEC.
Ping An’s OneConnect Plans for Mid-November IPO in the U.S. Market
In recent news, OneConnect, which is the blockchain and fintech arm of the Chinese biggest insurer Ping An, is planning to launch an initial public offering (IPO) in the U.S. market, New York specifically.
The Hong Kong Monetary Authority Launches Blockchain Trade Finance Platform
The platform is expected to minimize the time and paperwork required in trade finance and supply-chain finance transactions. 21 banks including HSBC and Standard Chartered have already confirmed participation in the project.