How FinTech Olympiad helps university students turn innovative ideas into solutions with social and economic impact
- With support from HSBC, CityUʼs programme for students in the GBA offers a project-based competition in addition to networking opportunities
- Hong Kong-based PhD student Kyrie Luo won the gold medal at this yearʼs competition for Vision Carbon, a blockchain-based carbon-trading platform
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Meet the founder of carbon-trading start-up Vision Carbon, winner of FinTech Olympiad 2023
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For Kyrie Luo, a young Hong Kong-based innovator who is the gold medal winner of this yearʼs FinTech Olympiad, combining his passion for environmentalism with his interest in blockchain technology was the natural next step on his career path.
His aspirations are reflected in his background. Luo is not only a PhD candidate at the School of Energy and Environment at City University of Hong Kong, he is also the founder and CEO of Vision Carbon, a blockchain-based carbon-trading platform start-up established in 2022.
“I am a big fan of blockchain, so in the beginning I was just mining coins and tokens for my personal interest,” says Luo, who also has a keen interest in non-fungible tokens (NFTs) and game finance, or GameFi. “Then I wanted to combine what I like and what I am good at. It is my responsibility, because I have the knowledge and the passion to leverage what I know into this space.”
Vision Carbon facilitates the sale of large-scale carbon credits through a blockchain-based e-commerce platform to multinational corporations and institutional investors in the Greater Bay Area (GBA). Luo points out that blockchain technology can offer several advantages over traditional carbon-trading platforms, such as instantaneous transactions and the ability to track every activity, thereby creating greater transparency. It can also eliminate the need for market intermediaries and their commission fees.
