The 4th Fintech Innovation Competition for Macao College Students of the “ICBC Cup” Fintech Innovation Competition for National College Students, held by the Industrial and Commercial Bank of China (ICBC) and organized by ICBC Macau, was held recently. Three teams from Faculty of Finance of the City University of Macau (CityU) achieved remarkable results in the competition. Students Wu Wanwan, Deng Zhuonan, and Mo Zhixin were awarded the third prize for their project titled “Cross-Platform Credit Solution for Digital Finance in the Web 3.0 Era.” The team, composed of students Lyu Yunqi, Han Yuchen, and Tian Shuo, along with their supervisor, Associate Professor Eva Khong Yueng Wah, received an honorable mention for their project titled “Insurtech Innovation and Scenario Application: Intelligence-Driven Future, Reshaping the New Ecosystem of Risk Protection.” Additionally, students Wang Wenxuan, Wang Shu, and Shen Suyi, guided by Assistant Professor Sun Xiaotong, also received an honorable mention for their project titled “ICBC Green Chain Pass.”
The third-prize project, “Cross-Platform Credit Solution for Digital Finance in the Web 3.0 Era,” aims to address the challenges in credit data sharing and dataflow in the Guangdong-Hong Kong-Macao Greater Bay Area. It provides an efficient interconnected credit certification solution for residents, businesses, and governments across the three places. The solution is based on the innovative application of artificial intelligence (AI) and blockchain technology. It not only meets the credit demands of the virtual world, but also facilitates commercial interactions in the real economy, bringing more possibilities for the future of fintech.
The Fintech Innovation Competition for Macao College Students has held four editions, attracting over 800 participants in total to join. Distinguished projects are recommended for participation in the national finals, where impressive results are achieved. The current edition of the competition, which commenced in December of last year, lasted three months and drew 123 participants from six higher education institutions in Macao, with a total of 51 submissions covering various fields, including AI, green finance, cross-border finance, digital currency, and anti-money laundering. After fierce competition, 16 outstanding projects successfully advanced to the finals.
Source: Faculty of Finance
