August 28, 2019 | The Asian Banker
- WeBank strongly embraces the latest technologies as an active leader in financial service in industry
- The bank actively involves itself in technological consortiums and open-source communities
- WeBank has been proactively connecting with partners through APIs, SDKs, H5 in the past four years
Beijing, July 25th, 2019—WeBank was awarded Best Blockchain Initiative, Application or Programme at The Asian Banker China Awards 2019. The awards ceremony was held in conjunction with The Asian Banker Finance China 2019, the foremost annual meeting for decision-makers in the financial services industry in the Asia Pacific region, held at the Ritz-Carlton (Huamao Center), Beijing, China.
Standing from left: Richard Hartung, International Resource Director, The Asian Banker; Representative from WeBank; Wilson Chia, International Resource Director, The Asian Banker; Foo Boon Ping, Managing Editor, The Asian Banker
WeBank strongly embraces the latest technologies as an active leader in financial service in industry
Through open-source, freewares, and API technologies, the goal of WeBank is to create a transparent and win-win distributed and collaborative ecosystem. WeBank has innovated 20 digital innovations to enhance the distributed core banking system, upgrade the open source blockchain underlying platform and modularize its fintech capabilities to facilitate its output to partners in every industry.
The bank actively involves itself in technological consortiums and open-source communities
WeBank has completed a fully distributed architecture powered by cloud technologies to run all its businesses, which has no precedent in the banking industry worldwide. The bank also analyzes the potential risks a new technology brings from different aspects and always manages to come up with a set of risk prevention and control measures to contain the said potential risks.
The bank has been proactively connecting with partners through APIs, SDKs, H5 in the past four years
WeBank has been a 100% digital company since its launch, and as a long-time advocate and early adopter of an Open Platform. Currently, the underlying blockchain platform called FISCO BCOS is already available in open source and the open source community around the platform has been growing. Hundreds of organizations have adopted FISCO BCOS and developed hundreds of use cases and thousands of developers have joined the community and the number of community members is still increasing.
Finance China is the leading annual conference that brings financial institutions, regulators, policy makers, services providers to meet and share professional insights, work on detailed solutions and discuss the latest trends in the industry
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The Asian Banker is the region’s most authoritative provider of strategic business intelligence to the financial services community. The Singapore-based company has offices in Singapore, Malaysia, Manila, Hong Kong, Beijing, and Dubai, as well as representatives in London, New York, and San Francisco. It has a business model that revolves around three core business lines: publications, research services and forums. The company’s website is http://www.theasianbanker.com/.
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Ms. Moira Zhan
The Asian Banker