Finance & Insurance
Explore the challenges presented by Waterdrop Inc. and let them inspire your innovative solutions for the PolyU International Future Challenge!
Objective: Create an open, intelligent risk management platform that redefines the paradigm of "insurance protection".
1. Intelligent Omnichannel Customer Acquisition System 2. Autonomous Risk Operations 3. Innovative Coverage Solutions
Objective: Build an intelligent, self-adapting financial infrastructure that transforms investment decision-making, risk management, and regulatory compliance through next-gen AI.
1. Cognitive Financial Assistant
- Train financial LLMs to synthesize alternative data (market data, geopolitical events and social sentiment) for generating real-time, explainable trade ideas.
- Build real-time market sentiment dashboards for hedge funds
2. Dynamic Risk Control Hub
- Federated learning-based anti-fraud network enabling inter-institutional blacklist sharing without raw data exposure
- Apply graph neural networks to trace cryptocurrency money laundering patterns
3. Self-Updating Compliance Engine
- Monitors transaction networks for sanctions evasion & insider trading
- Adapts to dynamic regulations
Objective: Optimize global transactions through decentralized fintech solutions to minimize costs, latency, and compliance friction.
1. Distributed Ledger Payment Network
Develop a blockchain protocol that
- Routes transactions through localized liquidity pools to bypass correspondent banks.
- Embeds real-time FX rates using decentralized oracle networks.
2. Smart Contract Compliance Automation
Deploy self-executing contracts to
- Validate AML/KYC checks via interoperable digital identity frameworks.
- Auto-convert currencies using pre-agreed rate locks.
3. Multi-Asset Digital Wallet Suite
Launch wallets with
- Embedded virtual IBANs for 50+ fiat and cryptocurrencies
- Biometric authentication for cross-chain settlements
Objective: Secure digital transactions through decentralized identity verification systems to eliminate fraud and empower user-controlled data sharing.
1. Blockchain Identity Vaults
Create zero-knowledge proof (ZKP) protocols that
- Encrypt Personally Identifiable Information (PII) in tamper-proof distributed ledgers
- Issue reusable verification tokens for KYC/AML processes
2. Privacy-Preserving Consent Architecture
Implement selective disclosure mechanisms allowing users to
- Share partial identity attributes (e.g., age verification without revealing birthdates)
- Revoke data access via time-bound cryptographic keys
3. Decentralized Threat Intelligence Network
Build federated learning systems that
- Detect synthetic identity fraud using anomaly detection AI
- Sync breach alerts across financial institutions without exposing raw data
