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Initial Coin Offering (ICO) – A replacement for Engineering Contract’s Insurance and Performance Bonds
 


Date, time & venue

2017-10-20;6:30-8:00pm;Chan Yat Mei Sophie Room – 9/F

Organized by

Manufacturing & Industrial Division

 

Programme Highlights

ICO is the abbreviation of Initial Coin Offering.  It means that someone offers investors some units of a new cryptocurrency or crypto-token in exchange against cryptocurrencies like Bitcoin or Ethereum.  Since 2013 ICOs are often used to fund the development of new cryptocurrencies.  The pre-created token can be easily sold and traded on all cryptocurrency exchanges if there is demand for them.  A Hong Kong based start-up in USA is applying ICO to simplify the international container performance bond system.

In this seminar, the application of ICO on engineering contracts’ insurance and performance bond will be discussed.

 

Language: Cantonese (supplemented with English Terms)

 

Speaker

 Ir Dr Daniel NG, HKIE MI Division Chairman 2017/2018

 

About the Speaker

 Ir Dr Daniel NG is a cross disciplinary person spanning logistics, manufacturing, accounting, radio and computer engineering.

 

Registration & Enquiries

 

This seminar is free of charge, prior registration is required.  The number of participants is limited to 80 and applications will be accepted on a first-come first-served basis.  For registration, please enroll online via HKIE MI Division website at http://mi.hkie.org.hk.  Only successful applicants will be notified by email on or before 16th October 2017.  For enquiries, please contact Ir Peter CHOW via e-mail: peterchy@gmail.com.

 





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