Loopnest Accelerator is designed to accelerate regulatory compliant fundraising and entrance into a rapidly evolving blockchain economy. The entrants can be equipped with all the resources and know-how to succeed in today’s digital economy. As a technical advisor of Loopnest, Loopring will provide blockchain technology support and cryptocurrency advisory services for this emerging program.

PwC is collaborating with Loopnest to launch a joint blockchain-themed accelerator programme (“the Programme”). The joint initiative will equip participants admitted to the programme with valuable expertise that will enable them to understand blockchain, and learn how to effectively put the technology to use.

Under the Programme, we will provide guidance on risk controls, tax, compliance, regulation, distributed ledger technology, business models, and security token offerings (STO) in the emerging digital economy. This is a fully immersive program for early and idea stage entrepreneurs.

“We are keen to get our work with Loopnest on this Programme underway. The joint endeavour demonstrates our continuous commitment to embrace disruptive change, nurture talent and equip forward-looking individuals with the means to flourish in the new digital economy.” Said William Gee, PwC China / Hong Kong Risk Assurance Emerging Technology Leader.

The launch of the Programme comes at a time when interest in blockchain is growing, with ongoing innovation in how the technology is adopted and impacting business models. Since Bitcoin was first conceived in 2008, blockchain has grown to become a significant technological disruptor of industries, especially where transactions and communication between parties need to interact and align. Adoption of the technology in financial services and other industry sectors is well underway, with initiatives around the globe embracing the innovative technology. In Hong Kong, a number of high profile initiatives are close to deployment.

“We are excited to have PwC supporting the Programme. With PwC’s established expertise in the field of governance, risk and controls, as well as specialist input in tax and regulatory aspects, participants to the Programme can have access to technical advice, as well as important non-technical components that address transparency and accountability in the digital ecosystem,” commented Terence Lam, Co-Founder & CEO of Loopnest, “we have no doubt that PwC’s involvement will help enhance the level of trust in this emerging economy.”

PwC Press Release Link

Apply to “the programme” via email: foundation@loopring.org or terence@loopnest.io

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