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Hong Kong legal sector eyes film business role using smart contracts, blockchain

Hong Kong’s legal sector is taking an unprecedented leap into the world of Web3 and digital assets to revolutionise the city’s film and television industry in a bid to better track investments, with some massive losses incurred as a result of a lack of transparency. The bold new strategy, unveiled at a seminar on Thursday, enables the use of blockchain and smart contracts to fundamentally transform the industry and offer a new channel for financing creative content, according to lawmaker Johnny...


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