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OKX and HKUST Partner to Conduct First-of-its-Kind Zero-Knowledge Blockchain Technology Research in Hong Kong

We are excited to announce today a first-of-its-kind partnership with Hong Kong University of Science and Technology (HKUST) on a joint research project exploring the implementation of zero-knowledge (ZK) proofs and development of new cryptographic protocols. These advancements aim to enhance the scalability and efficiency of ZK decentralized exchanges (ZKDEXs).

This collaboration aligns with the Hong Kong government's recent emphasis on Web3. It also demonstrates our shared commitment with HKUST in accelerating the development of Web3 innovations and supporting the local Web3 ecosystem.

Led by Professor Dimitris Papadopoulos, HKUST's team has extensive technological knowledge and a remarkable track record across the fields of cryptography, ZK-proofs and artificial intelligence. Coupled with our Web3 team's substantial theoretical and practical experience in the blockchain and virtual asset space, this partnership is poised to convert cutting-edge blockchain technologies into practical commercial applications. With that said, this collaboration has the potential to significantly impact the development of the entire blockchain industry, both in Hong Kong and on a global scale.

Disclaimer
This content is provided for informational purposes only and may cover products that are not available in your region. It is not intended to provide (i) investment advice or an investment recommendation; (ii) an offer or solicitation to buy, sell, or hold crypto/digital assets, or (iii) financial, accounting, legal, or tax advice. Crypto/digital asset holdings, including stablecoins, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding crypto/digital assets is suitable for you in light of your financial condition. Please consult your legal/tax/investment professional for questions about your specific circumstances. Information (including market data and statistical information, if any) appearing in this post is for general information purposes only. While all reasonable care has been taken in preparing this data and graphs, no responsibility or liability is accepted for any errors of fact or omission expressed herein.

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