12:15 – 12:30 |
Registration |
12:30 – 12:35 |
Welcome Remarks
Ir Prof. T.C. Edwin CHENG
Dean, Faculty of Business
Fung Yiu King – Wing Hang Bank Professor in Business Administration
Chair Professor of Management
|
12:35 – 13:05 |
Lunch |
13:05 – 13:40 |
“Aegis” – Blockchain, Cybersecurity and Digital Assets
Dr Jimmy JIN
Assistant Dean (Fund-raising and Development), Faculty of Business
Associate Professor, School of Accounting and Finance
|
13:40 – 13:55 |
Q&A Session
Prof. Mike LAI
Associate Dean (Academic Support), Faculty of Business
Interim Head, Department of Logistics and Maritime Studies
Chair Professor of Shipping and Logistics
|
13:55 – 14:00 |
Photo-taking |
14:00 |
End of Luncheon |
About the Talk
Blockchain technology has sparked significant interest and investment across various industries - it is widely recognised as a major disruptive innovation that can reduce operational risks and transform traditional business practices. However, as a decentralised technology, there is a key debate about its real effects on cybersecurity risks. Some believe it is a crucial cybersecurity advancement, while others argue it introduces significant cybersecurity risks.
To investigate the validity of these contrasting positions on blockchain technology, we conducted a quasi-natural experiment in the US, where the phased implementation of pro-blockchain laws acted as an external factor influencing blockchain adoption among local firms. Our analysis reveals that blockchain implementation has unexpected dual-edged implications and a dynamic impact on firms' cybersecurity: in the short term, adopting blockchain increases data breach risks, particularly those stemming from insiders within firms; however, over the long term and as firms adjust, these risks decrease, notably with earlier reductions in external breach risks.
Building on these findings regarding blockchain and cybersecurity, we delve deeper into digital assets and decentralised finance, which are both based on blockchain technology and have significant cybersecurity implications. We focus on cross-border payment systems and stablecoins. Our analysis offers insights for executives and policymakers responsible for overseeing the implementation of blockchain technology.
About the Speaker
Dr Yong (Jimmy) Jin is an Associate Professor and Assistant Dean in the PolyU Faculty of Business. He is also the Director of the Centre for Business Technology & Innovations, and Deputy Director of the OSL–PolyU FB Research Centre for Web 3.0 AI.
Dr Jin received his Ph.D. from the University of Florida, and his master's and bachelor's degrees from The Chinese University of Hong Kong. His research interests in fintech, management of technology, and interdisciplinary research have resulted in the publication of more than 50 papers in leading journals. Dr Jin has received numerous international awards and recognitions, including the AIS Early Career award, the Morgan Stanley Prize for Excellence in Financial Markets, the Gold Award in the “Internet+” Innovation and Entrepreneurship Competition, and the Silver Medal at the Geneva International Exhibition of Inventions. He has secured more than HK$30 million in research funding as a primary investigator.
Dr Jin also sits on the panel of the Hong Kong Science and Technology Parks’ Incubation Programme. He has contributed to assessment reports on central bank digital currencies for several regions, including the e-HKD project, and serves as the Independent Director of Ruihe Data Technology Ltd (3680.HK).