DML joins Molecular Hub X HKSTP X ASTRI Blockchain Accelerator

Project Lead Michael Kwok (left) and Blockchain Developer Victor Cheung (right) presented in HKSTP Blockchain Accelerator Demo Day.

Dear DML Community,

Today we are going to announce another piece of great news that we have been selected as one of the startup finalists in the first Blockchain Accelerator in Hong Kong, jointly launched by Molecular Hub (Mhub), Hong Kong Science & Technology Parks Corporation (HKSTP) and Hong Kong Applied Science and Technology Research Institute Company Limited (ASTRI).

Michael’s introduction of DML Infrastructure and the huge business potential of untapped data usage.

Under the Global Acceleration Academy (GAA) of HKSTP and first-of-its kind in Hong Kong, the programme focuses exclusively on Blockchain technology development and also other applications such as Smart City solutions. In collaboration with industry leaders, the programme will offer the startups helpful guidance on how to commercialize their ideas. ASTRI, a key partner in the programme, will provide vital support to the participating startups, including training and development as well as access to R&D facilities at its Smart City Innovation Centre.

Victor’s demo of DML application prototype (to be launched in due course).

Through a 13-week Intensive Programme, DML can connect with various famous industry elites from different fields such as financial and accounting, insurance, healthcare, airlines, travel and hospitality. This is an invaluable opportunity for us to have investment for business scaling, communicate with real-life industry partners to obtain insights for market validation, as well as to present our blockchain and on-device machine learning solutions for industry practice enhancement, adoption and disruption.

We will closely follow up with you on our project progress, please stay tuned with us for more updates!

Cheers,

DML Team

About Molecular Hub

Molecular Hub (Mhub) is the first “all resources” platform focusing on incubating and nurturing the blockchain application startups in Hong Kong. It is formed by five companies, namely Molecular Group, China Fortune Holdings Group, TusMaker Global Network (TGN), CollinStar Capital and HBCC Investment.

Mhub has a team of mentors from various industries, professional investors and professors, and they will be assigned to different start-ups according to the industries, applications and resources needed. Mhub will hold various events to link up startups with local, mainland China and overseas investors, and funds.

About HKSTP

Hong Kong Science & Technology Parks Corporation (HKSTP) is a statutory body dedicated to building a vibrant innovation and technology ecosystem to connect stakeholders, nurture technology talents, facilitate collaboration, and catalyse innovations to deliver social and economic benefits to Hong Kong and the region.

Established in May 2001, HKSTP has been driving the development of Hong Kong into a regional hub for innovation and growth in several focused clusters including Electronics, Information & Communications Technology, Green Technology, Biomedical Technology, Materials and Precision Engineering. They enable science and technology companies to nurture ideas, innovate and grow, supported by their R&D facilities, infrastructure, and market-led laboratories and technical centres with professional support services. They also offer value added services and comprehensive incubation programmes for technology start-ups to accelerate their growth.

HKSTP engages with more than 680+ technology companies, 9,000+ R&D practitioners, and nurtured 570+ incubation graduates since inception with HK$1.2B direct investment raised in fiscal year 2017/18 and 121 awards received in 2017.

About ASTRI

Hong Kong Applied Science and Technology Research Institute Company Limited (ASTRI) was founded by the Government of the Hong Kong Special Administrative Region in 2000 with the mission of enhancing Hong Kong’s competitiveness in technology-based industries through applied research. ASTRI’s core R&D competences in various areas are organised under seven Technology Divisions, namely Communications Technologies, Electronics Components, Mixed Signal Systems IC, Advanced Digital Systems, Opto-electronics, Security and Data Sciences, and Intelligent Software and Systems. Five areas of applications including financial technologies, intelligent manufacturing, next generation network, health technologies, and smart city are identified for major pursuit.

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