HONG KONG, Sept. 30, 2020 /PRNewswire/ -- TADS Awards (which stands for "Tokenized Assets & Digitized Securities Awards") is the world's first annual international award for the asset tokenization and digital securities sectors. It celebrates these industries by recognizing and honoring significant contributions and distinguished achievements worldwide. Hosted annually, TADS Awards gathers together individuals and businesses to share the energy that tokenization brings to the financial markets around the world -- https://tadsawards.org/.
The World Economic Forum forecasts that by 2027, 10% of the world's GDP will be tokenized — with an estimated market capitalization of US$24 trillion. TADS Awards nurtures the growth of TADS industries by jointly establishing "best practices" and setting "measuring standards" for high-quality tokenized assets and digitized securities through close collaboration with other industry leaders on the global market.
"TADS Awards creates important recognition for best of breed ideas and solutions in emerging technologies like Blockchain and Digital Assets. Such a platform not only aids in creating awareness, but also fosters a healthy competitive spirit that is vital for progress and growth of the industry imperatives," said Nitin Gaur, Director of IBM Financial Sciences and Digital Assets at IBM.
"Tokenization is a futuristic business model, providing a platform for key information exchange, empowering sustainable growth and operational efficiency through digitized and FinTech based incentives," commented Peter Koo, APAC leader of IT & Specialized Assurance, Deloitte Touche Tohmatsu.
Martin Sabine, Chairman of Somerley Capital said, "The TADS Awards recognizes pacesetters in a breakthrough area of activity which Somerley believes has the potential to disrupt and enhance the provision of financial services."
"Asset tokenization is not the future, but the present. It is happening in front of our eyes. As our industry emerges as a whole, it is important to recognize outstanding projects and the pioneers behind them, who are paving the way for a more accessible, efficient and transparent financial future," reflected Emi Lorincz, Board Member of the Crypto Valley Association.
"As the digital technology flagship of Hong Kong and home to the largest FinTech community with over 360 FinTech companies, we are committed to strengthening Hong Kong's international finance center position under the digital economy era," said Peter Yan, Chief Executive Office of Hong Kong Cyberport. He further added, "TADS Awards is a strong impetus in recognizing innovative and impactful solutions in the digital asset area. We look forward to seeing winning solutions under TADS Awards being brought to a new stage of development."
"Asset tokenization is reinventing capital markets. Digitization of securities can facilitate cross border investment and allow investors to access valuable and unique investment opportunities worldwide. Enterprises are able to access global liquidity at a fractional cost, as compared to the conventional financial market," said Mr. Chan Heng Fai, Executive Chairman of American Pacific Bank.
TADS Awards is co-organized by the Asia Pacific Digital Economy Institute, Coinstreet Partners, Nexchange Group and The STO LAB. The event is proudly sponsored by American Pacific Bancrop and supported by (in alphabetical order) - Association of Family Offices in Asia, Belt & Road TechFin Association, Crypto Valley Association, Deloitte, GlobalSTOX, Hong Kong Blockchain Week, Hong Kong Cyberport, Hong Kong Fintech Week, IBM, KARM Legal Consultants, Korea Blockchain Cooperative, Microsoft Hong Kong, Morningstar, OSL, Paris Blockchain Week Summit, Somerley Capital, West Park Capital.
"One of the most important use cases of Blockchain will be the tokenization of assets. The convergence of regulation, technology and acceptance are coming together to make this happen," said Juwan Lee, Founder & Chairman of NexChange Group.
"Digital assets are one of the most transformative forces shaping the new frontier of the financial service industry," said Samson Lee, Founder & CEO of Coinstreet Partners. "Working with other leading industry players to drive the future development of tokenized assets & digitized securities is truly momentous."
TADS Awards welcomes nominations starting from 1st of October until 3rd of November 2020. A total of ten winners will be selected from two awards categories (five awards for each category):
(1) "BEST OF CLASS TADS" category is for issuers of different types of tokenized assets / digitized securities; and
(2) "ECO-SYSTEM EXCELLENCE" category is for solution / service providers along the value chain.
Application details are available at : https://tadsawards.org/
Nominations can also be self-submitted, or done through TADS Awards' Global Ambassadors (in alphabetical order) -- Archax, BINARYSTAR, Corum8, Digimax, ECXX.com, Fintech4good, KARM Legal, PANews, Potrero Capital, Publishprotocol, The MFO; and TADS Awards' PR, Media & Community Partners (in alphabetical order) -- Coinhubkorea, Cryptoevents, Cryptonomist, Cryptopolitan, Corum8, Econotimes, Global Online Investor Roadshow, HKBA, Koinpost, PANews, Propine, Publishprotocol, Tokenpost, TheTokenizer, Unlock; or through any TADS Awards' partners and Committee Members listed at https://tadsawards.org.
Hosted in a different country annually, "TADS Awards Gala" is one of the most anticipated highlights of the year, with the announcement of all awards winners. The inaugural ceremony of the first TADS Awards will be hosted in Hong Kong, owing to its reputation as an established global financial center with a strong FinTech ecosystem. Hong Kong is also well-known as an ideal crossroads for the convergence of the conventional capital market with the digital asset world.
The "TADS Awards Gala 2020" award presentation ceremony will be broadcast online worldwide during Hong Kong Blockchain Week on 18th November 2020 from 8:00 - 9:00 pm (Hong Kong time).
About Asia Pacific Digital Economy Institute
Asia Pacific Digital Economy Institute aims to create a center of excellence, leadership, and partnership to incubate new thinking and innovation in practice; advance thought-leadership; generate new growth opportunities; enhance the competitiveness and productivity of business; and cultivate talents to accelerate digital economy. For more information, please visit - https://apdei.org/
About Coinstreet Partners
Founded in 2017, Coinstreet is an award-winning*, AI-powered decentralized investment banking group and consultancy firm in the Digital Asset and FinTech sectors, providing a business eco-system for the new era of digital economy. Coinstreet focuses on five key business segments: Digital Asset Investment Banking, Digital Asset & Wealth Management, Global Distribution Coordination, Asset Tokenization & Security Digitization Management Solution, and Decentralized Finance & DLT Solution.
For more information, please visit www.coinstreet.partners
About Nexchange Group
NexChange Group is a venture innovation and media platform specializing in Blockchain, FinTech, HealthTech, AI, Entertainment Tech and Smart Cities. By creating a global O2O community, NexChange creates, markets, accelerates and provides access to innovative products. Please visit - https://www.nexchange.com/
About The STO LAB
STO-LAB provides safe and fully compliant, one-stop, end-to-end "asset tokenization" and "digitized security global distribution" solutions. The STO-LAB platform can provide asset tokenization services for a variety of asset types, including fixed assets, real estate, commodities, derivatives, stocks, debt, cash flow, and investment funds. STO-LAB has established a global blockchain alliance network, with objectives of promoting Security Token Offering (STO) projects, facilitating convergence between digitized securities, tokenized assets and traditional financial market assets and contributing to build a better eco-system for STO projects globally. For more information, please visit - https://thestolab.com/
SOURCE TADS Awards