Hong Kong hosts a seminar to discuss the future of open encryption payment

This Tuesday, an offline seminar focusing on the construction of stablecoin payment infrastructure was successfully held in Hong Kong. The event attracted representatives from several well-known institutions to jointly discuss the future development path of stablecoin technology architecture, compliance practices, and scenario-based applications.

Open Source TEE Framework Promotes Encryption Security Technology Advancement

At the conference, a company officially announced the open source of the world's first C++ native TEE (Trusted Execution Environment) framework based on Intel SGX. This framework has the advantages of high performance, native development, and security verification, providing hardware-level protection for digital assets, enterprise privacy information, and more.

A representative from a well-known technology company stated: "We are pleased to see the TEE technology being implemented in an open-source manner. Open source is crucial for the application of such precision security computing technologies, and it is also the path we have consistently pursued in the SGX field."

The implementation and open sourcing of TEE technology not only enhances the trust of enterprises in the underlying architecture but also lays a technological foundation for trusted execution for the next generation of encryption payment infrastructure.

Stablecoin Compliance Advancement: From "Can Issue" to "Can Use"

Recently, the United States and Hong Kong have successively introduced stablecoin-related legislation, and the regulatory framework for stablecoins is rapidly becoming clearer in major global markets. However, how to truly promote the practical application of stablecoins still requires technological innovation in the underlying infrastructure and the reconstruction of trust.

A representative from a well-known e-commerce company stated: "Stablecoins are not just 'currencies' on the chain, but should also serve the real economy off the chain. We will provide mobile and PC application products for both retail and institutional clients, with the current testing scenarios mainly including cross-border payments, investment transactions, and retail payments. We will carry out technological innovation and business operations under the framework of regulatory legislation, and will also upgrade security measures according to market changes."

Another institutional representative revealed that their stablecoin trading volume was six times that of the previous year, confirming the market's demand potential. He emphasized: "As a smooth channel for stablecoin trading, we have always regarded compliance and security as core priorities. Since our establishment, we have not experienced any security incidents, which is our most basic commitment to our clients."

From issuance, custody to trading and usage, the entire industrial chain of stablecoins is gradually being standardized, with an increasing emphasis on the high demand for security, compliance, and scalability.

Build "Bank-level" encryption accounts: Comprehensive upgrade of product matrix

At the seminar, the organizers simultaneously launched a newly upgraded product matrix aimed at providing a one-stop security and compliance solution for payment scenarios, including but not limited to stablecoins. This upgrade focuses on the systematic integration of upstream asset issuance, midstream service platforms, and downstream commercialization applications within the payment industry chain, horizontally connecting scenario demands and vertically streamlining deployment processes, fully empowering enterprise-level users.

The new generation product system is based on a multi-layer security architecture of MPC+TEE, supporting enterprises’ self-custody while enabling anytime receipt and dispatch, automated processing, and real-time risk control. By providing tools such as open APIs, joint transaction signatures, and automatic aggregation, it helps enterprises achieve full-process automation from transaction initiation to asset circulation, while integrating real-time AML/KYT monitoring mechanisms and TEE strategy engines, allowing enterprises to flexibly configure approval processes and develop multi-dimensional trading strategies.

At the deployment level, the developer experience has been further optimized, compressing the original two-day deployment cycle to within 30 minutes through a unified API management platform. In addition, for enterprises with localized compliance requirements, the MPC Node suite has been launched to support enterprises in quickly building various compliant product forms such as Keyless wallets and cold wallets. In response to the high-frequency business scenarios that require both performance and security, such as exchanges and trading bots, there are plans to launch a KMS (Key Management System) product based on an open-source TEE architecture, which enhances overall execution efficiency while ensuring the security of private keys.

The representative of the organizer stated: "Our ultimate goal is to make it as safe, stable, and reliable for businesses to use encryption accounts as it is to use bank accounts."

Building an Open and Trustworthy Payment Future

The payment sector is becoming the most promising yet challenging application scenario for stablecoins. Through open-source TEE frameworks and one-stop enterprise encryption account solutions, the industry is building a compliant, usable, secure, and reliable infrastructure platform that covers the entire industry chain. Looking ahead, the industry will continue to deepen cooperation, uphold the core values of open source, collaboration, and innovation, and jointly promote the transition of stablecoins and encryption payments from conceptual exploration to practical application, and from security assurance to trust establishment.