Beosin

Beosin.com, a front-runner in WEB3 security and compliance, proudly announces Joe Zhou as its new CEO. With an impressive history in traditional finance regulations and blockchain technology, Zhou promises to steer Beosin toward significant innovation and growth. Strategic Leadership for the Future Zhou joins Beosin with extensive experience. He has held key positions at notable financial institutions, government authorities, and blockchain technology companies. His roles at HK’s key financial regulators and global WEB3 enterprises, such as SFC, HKEX, OSL, Hashkey and OKX, highlight his profound understanding and expertise in go-to-market of WEB3 innovations in a compliant way. “I am thrilled to join Beosin and lead a team renowned for its exceptional skills and dedication to blockchain and its applications,” said Zhou. “Together, we will enhance our offerings, expand our global presence, and secure the future of massive adoption of blockchain technology.” Strengthening Core Services and Global Reach Under Zhou’s guidance, Beosin intends to bolster its core services. This includes its all-in-one crypto AML compliance solution, especially in KYT (Know Your Transaction), providing real-time monitoring and assessment of blockchain transactions. Additionally, its VaaS (Verification as a Service), an automatic smart contract verification tool, will see further enhancements. Zhou's strategic direction focuses on scaling Beosin’s operations and extending its global reach. With new partnerships and advanced services, Beosin aims to solidify its status as a global leader in WEB3 security and compliance. A Promising Future The Beosin Board of Directors is confident that Zhou’s leadership will propel the company to new heights. Beosin continues to look forward to pioneering advancements and growth, ensuring a secure digital landscape for its worldwide clients.

From the latest #Regtech survey results of 50 selected Licensed Corporations LCs published by HK Securities and Futures Commission (SFC), most of the surveyed LCs have reported adopting Regtech solutions in at least one of the major #AML/CFT processes (see reference for more information). Among these processes, name screening has the highest adoption rate (92%), followed by customer due diligence (CDD) (71%), transaction monitoring(69%), management information reporting (43%) and third-party deposit identification and due diligence (34%). Beosin supports Hong Kong Licensed Corporations in the application of Regtech for Transaction Monitoring, striving to assist valuable clients in compliance with AML/CFT requirements. #blockchainsecurity #blockchaincompliance. Reference: SFC：Report on the Adoption of Regtech for Anti-Money Laundering and Counter-Financing of Terrorism  https://lnkd.in/gZ2YbSu4

Beosin is thrilled to announce that we have successfully become a security partner of Soneium! In this partnership, we will provide comprehensive security services and solutions for developers and users in the Soneium ecosystem to enhance the network security.

Our flagship event for Hong Kong FinTech Week, "Blockchain Compliance and Security: Current Challenges and Future Prospects," attracted over 100 finance professionals and blockchain enthusiasts. This event provided a platform for blockchain practitioners to engage with government officials to understand more of latest Hong Kong government policies in Fintech, focusing on compliance and security in the blockchain space. Industry leaders and policymakers shared their insights. Hon. Duncan Chiu, Legislative Council member representing Technology and Innovation, delivered opening remarks, highlighting fintech opportunities in Hong Kong’s 2024 Policy Address, emphasizing central bank digital currency (CBDC), mobile payments, virtual banking, virtual insurance, and virtual asset exchanges as key fintech innovations. In a panel discussion moderated by Emil Chan, Beosin CEO Joe Zhou and Aereve Company Ltd CEO Andre Leung examined compliance and security challenges in blockchain finance. Zhou discussed Beosin's advances in security technology, particularly the KYT (Know Your Transaction) tool — a real-time monitoring system for suspicious blockchain activity, integral to enterprise risk management. As a leading blockchain security and compliance provider, Beosin is playing a vital role in Hong Kong's regulatory environment, with KYT solutions widely used by exchanges, custodians, payment providers, and OTC merchants, and even by brokers as regulations evolve. With ongoing fintech advancements and policy development, blockchain is set for greater growth, and Beosin remains committed to pioneering security and compliance innovations to support the industry’s sustainable development. Special thanks to Mr. Anthony Ng, CEO of 3rd licensed VATP in HK, Hong Kong Virtual Asset Exchange (HKVAX) , who came to support our event. Other professional associations include: Hong Kong Digital Finance Association Cloud and Mobile Computing Professionals Association Asia Family Office Foundation International Digital Economy Association (iDEA) SidanLab Cardano Community Hong Kong Google Developers Group (Cloud HK)

On October 25, 2024, the first FATF plenary meeting concluded in Paris, resulting in an updated list of high-risk and jurisdictions under increased monitoring. The blacklist remained unchanged; however, Senegal was removed from the gray list, and four countries were added: Algeria, Angola, Côte d'Ivoire, and Lebanon. Beosin KYT has updated its “Grey List”label database accordingly, promptly meeting the latest risk management requirements re sanctioned countries or regions. Beosin is aiming to provide a robust AML solution for partners and the ecosystem. #blockchainsecurity #blockchaincompliance. https://lnkd.in/gSkCeAMc

Our flagship event is happening tonight! It is a great opportunity that you will hear directly from HKSAR Legislative Council Member, Hon. Duncan Chiu, to introduceHK's latest FinTech policies and incentives programs. In addition, you will join our CEO, Joe Zhou and other blockchain enthusiasts and compliance leaders to share the latest trends and challenges in #blockchainsecurity #blockchaincompliance. https://lu.ma/yqavb437 Hong Kong Digital Finance Association Asia Family Office Foundation The Association of Cloud and Mobile Computing Professionals SIDAN Lab Hong Kong Cardano Community

Proud to be one of the partners of the Web3.0 Oscar hosted by Blockchain for Good Alliance (BGA) on November 11th in Bangkok! Join us to connect with outstanding innovators and drive real-world impact in alignment with the United Nations's 17 SDGs.

Discruption does not always mean it in the bad way. Our CEO Joe Zhou will talk about something practical: Web3 compliance

The highly anticipated fintech event of the year, Hong Kong #FinTechWeek2024, will take place from October 28 to November 1. As one of leading players representing Hong Kong, Beosin, in collaboration with the Hong Kong Digital Finance Association (HKDiFi), is proud to present the industry with our flagship event  "Blockchain Compliance and Security: Current Challenges and Future Prospects". The Hon. Mr. Duncan Chiu, member of the Legislative Council for the Technology and Innovation Functional Constituency, will deliver a keynote speech interpreting the opportunities for fintech innovation based on the recently released 2024 Policy Address for Hong Kong. Joe Zhou, CEO of Beosin, and Andre Leung, CEO of Aereve, will delve into the compliance and security challenges in the blockchain industry and explore future development opportunities, along with senior executives from financial institutions, decision-makers from technology companies, compliance and risk management experts and leaders from relevant government agencies. #Blockchain #Compliance #Web3compliance Organizer:Beosin Co-Organizer:Hong Kong Digital Finance Association (HKDiFi) Rundown 17:45 Registration 18:00 Opening Remarks 18:15 - 18:30 Keynotes Empowering Innovation: Key Takeaways from the 2024 Policy Address Hon. Mr. Duncan Chiu, member of the Legislative Council for the Technology and Innovation functional constituency 18:45 - 19:15 Fireside Chat Blockchain Compliance and Security: Current Challenges and Future Prospects Mr. Joe Zhou - CEO of Beosin Mr. Andre Leung - CEO of Aereve Company Ltd Moderator : Mr. Emil Chan - Co-Chair of Hong Kong Digital Finance Association

Beosin CEO Joe Zhou will join the discussion of "Bridging trust in Web3: AI, Custody and Cybersecurity", Scan and join us during Hong Kong FinTech Week on 28 October 2024, 4:00-4:30pm.