premium
Q+
03/10/2022 Banking Innovation

About

Big shout for the birth of livi Mochi NFT! Offering customers a personalized experience that goes beyond banking, and an initiative that makes livi stand out from the crowd.

Innovation presentation

Non-Fungible Token (NFT) has been popular in the Web 3.0 world, but only a very few number of banks around the world have adopted NFT. The major challenge in adoption is with its unknown value and complexity in governance under the latest regulatory framework.

livi bank had taken a big step with courage to innovate. We are the first-ever bank in Hong Kong and also among the global banking pioneers to leverage the emerging blockchain-native technology and deliver NFT experience in our banking app. livi bank, as always, makes dreams come true.

Uniqueness of the project

1. Successfully demonstrated NFT adoption can generate value for banks

2. First-ever Hong Kong bank to adopt NFT in banking app, among one of the first globally

Want to keep reading?

Become a Qorus member to get access to all our innovations

Interested in learning more? Speak to Boris, Qorus's Content Lead

Qorus has a library of almost 8,000 innovation case studies across critical areas like customer experience, sustainability, marketing & distribution and more that can be used to inform your decision-making.
Contact us

Related innovations

17/04/2024 Insurance Innovation

Weather Index Insurance protects the staple of Vietnam’s economy

Igloo alleviates growing financial risk from crop failure

17/04/2024 Insurance Innovation

SWINZ, the first All-In-One Spotify insurance for the new generations of consumers

SWINZ is more than an insurtech: it enables the broker in the realm of the new generations with a new...

15/04/2024 Banking Innovation

DCM | Digital Currency Management

DCM Platform is a trailblazing SaaS for assets tokenization and financial messaging processing, enabling two times cheaper instant payments and...

06/02/2024 Insurance Innovation

Verisart

Verisart provides pioneering solutions for verifying authenticity, creating digital collectibles and building community.

Related news & insights

08/04/2024 News

BlackRock launches BUIDL: Tokenized fund on Ethereum network

BlackRock, a global investment management firm, has unveiled its first tokenized fund, the BlackRock USD Institutional Digital Liquidity Fund (BUIDL),...

Digital Reinvention
01/04/2024 News

Akbank LAB unveils revamped innovation center for Entrepreneurship Week

Akbank recently launched its renovated innovation hub, Akbank LAB, as part of Entrepreneurship Week. Burcu Civelek Yüce, Deputy General Manager...

Insurance
31/10/2023 News

Transforming luxury watch insurance with blockchain in Hong Kong

This innovative insurance offering leverages blockchain technology to provide robust protection to luxury watch enthusiasts, establishing new industry standards.

Open Finance
20/10/2023 Interview

NewTech Friday: Kriptown – Facilitating financing for startups and SMEs

Kriptown, the European neo-exchange for SMEs, is a marketplace that enables companies to raise funds while providing investors with access...