The 2023 World Artificial Intelligence Conference (WAIC) commenced on July 6, 2023, at the Shanghai World Expo Center, focusing on the theme “Intelligent Connected World Generates the Future.” This forum aims to delve into the trends, laws, opportunities, and challenges in artificial intelligence development to collectively shape a better intelligent world. The opening ceremony saw Mr. Chen Jining, Chinese Communist Party Committee Secretary of Shanghai, and Mr. Gong Zheng, Mayor and Chinese Communist Party Deputy Committee Secretary of Shanghai leading the proceedings.
Treelion, invited by Hong Kong Cyberport, honourably represents Hong Kong as one of five exhibitors, showcasing its remarkable strides in digital technology and artificial intelligence. Notable figures such as Mr. Paul Chan Mo-po, Financial Secretary of the Government of the Hong Kong Special Administrative Region, Mr. Tony Wong Chi-kwong, Chief Information Technology Officer, and Mr. Peter Yan King-shun, CEO of Cyberport, visited Treelion’s exhibition hall. They expressed support for Treelion’s initiatives, including the deployment of “Spark Chain Network” super nodes and green finance backbone nodes.
In recent years, the government’s investment in corporate environment, social responsibility and corporate governance (ESG) has increased significantly, and problems such as ESG report fraud and “greenwashing” have also emerged one after another. To solve these problems, AI is needed to assist in reviewing the content of ESG reports, especially AI tools that can integrate screening in different languages to ensure that the accuracy and authenticity of ESG reports of international companies across countries and regions can be effectively verified. At the same time, blockchain technology also has great potential in combating “greenwashing” and facilitating voluntary carbon market transactions, as its decentralized nature ensures the transparency and immutability of data transactions.
Treelion relies on a combination of technologies, including Blockchain IDentifier infrastructure (BID), Natural Language Understanding (NLP), and the national industrial internet identification analysis system developed by the Ministry of Industry and Information Technology. Additionally, the company utilizes the innovative “Spark Chain Network,” a new global infrastructure, to establish a green financial ecosystem. This is achieved through a novel standardized and digital business model that provides services spanning carbon sinks, carbon trading, ESG, carbon governance, green insurance, and the certification and transfer of green assets. The platform ensures the continuous generation of high-quality carbon sinks. By offering genuine and valuable resources for carbon exchanges, it effectively addresses data-related challenges such as carbon sink fraud and miscalculations.
CEO of Treelion, Vice Chairman of Elion International Investment, and Chairman of Green Finance Affairs of the GBA Economic and Trade Association, Mr. Plato Yip Kwong-to also organized an industry forum in collaboration with the Hong Kong Government, the Hong Kong Financial Services and the Treasury Bureau, the Hong Kong Economic Authority, the Hong Kong Commerce and Economic Development Bureau, and Cyberport. This forum explored the application scenarios of green finance and the overseas implementation of “Spark Chain Network” super nodes. The objective is to accelerate the international digitalization of green finance and build a global green financial ecosystem, offering crucial technical services for a low-carbon future.
