【2025.03.18】Cyberport Web3 Proof of Concept Funding Program Helps Enterprises Explore New Business Models

In the wave of global digital transformation, Hong Kong, as an international financial center, is actively embracing innovative technologies to consolidate its competitive advantage and promote economic development. Blockchain technology enhances the transparency and security of transactions and is a core driving force for the future of finance, with the potential to change traditional business models.

To promote the development and application of blockchain technology, Cyberport launched the Web3 Proof of Concept (PoC) funding program last year. This program helps enterprises overcome financial pressures during the early research and development phase by providing funding support of up to HKD 150,000, allowing them to focus on developing high-value, innovative blockchain services and products. Since the launch of the program, Cyberport has received 122 project applications, and after a rigorous approval process, a total of 45 projects were approved. These approved projects cover various fields, including real estate technology, carbon credit certification, telecommunications, and arts and culture, with application scenarios involving ESG (Environmental, Social, and Governance), tokenized asset management, as well as real estate and construction, showcasing the broad potential of blockchain technology in business and society.

Additionally, the Web3 PoC program aims to accelerate the development of the blockchain technology community and promote technological exchange and collaboration. Besides the "Web3.0 Investment Circle" (W3IC) established by Cyberport earlier to facilitate investments related to Web3.0 projects, Cyberport is also actively organizing various events to promote industry communication and collaboration. For example, during Consensus Hong Kong 2025, Cyberport successfully held the first investment matching event of 2025, titled "Cyberport Investment Matching," at the Hong Kong Convention and Exhibition Centre. The event, themed "Cyberport Breakfast Pitch: Invest in Tomorrow to Unlock the Future of Web3.0," attracted around 90 industry professionals, providing a valuable communication platform for investors and startups, further promoting the development and application of blockchain technology.

Cyberport's Chief Corporate Development Officer, Ms. Georgina Chu, stated: "Cyberport's 'Web3 PoC Program' not only provides a platform for enterprises to practice innovation but also injects new vitality into Hong Kong's digital economy. By supporting the development of blockchain technology, Cyberport is leading Hong Kong's digital finance industry towards a sustainable and innovative future, further consolidating Hong Kong's position as an international financial and innovation hub."

▲ CERTIZEN的「區塊鏈+跨境數據驗證」創新模式成功獲得數碼港「Web3 PoC計劃」資助。

CERTIZEN focuses on digital identity management and verification. Leveraging its innovative model of “blockchain + cross-border data verification”, it successfully obtained funding from Cyberport's “Web3 Proof-of-Concept Scheme” to conduct technical validation, and pilot testing, thereby driving product development and innovation. Through the immutability and transparency of blockchain technology, banks can quickly verify notarized documents to confirm user identities, significantly shorten account opening times, enhance efficiency, and ensure data privacy, improving the user experience. This not only strengthens financial institutions' trust in customer data but also promotes more secure financial transactions and reduces fraud risks.

Building on this foundation, Certizen has partnered with WeBank Technology to use the 'Shenzhen-Hong Kong Cross-border Data Verification Platform' and its developed academic credential verification system. This collaboration has dramatically reduced the time for local educational institutions to review 100 mainland student enrollment documents from the traditional 8 hours to just 2 minutes, resulting in a significant reduction of schools' administrative costs.

Jacky Lam, Executive Director of Certizen, stated: “With the funding of the 'Web3 PoC Program’, Certizen's innovations not only bring convenience to educational institutions but also serve as a demonstration for more future scenarios of cross-border data verification and even cross-chain interoperability applications. For example, it provides real-time verification services for work proofs and professional certifications required for talents from mainland China to develop in Hong Kong; facilitates the signing of smart contracts through decentralized identities, significantly shortening the talent introduction review cycle, and supports international cooperation and cross-border financial services; in the field of smart healthcare, it ensures the secure and efficient circulation of data through compliant transmission of cross-border medical data.