DawnBridgeX Limited

DawnBridgeX Limited are developing a privacy-protected, compliant stablecoin based on Hong Kong's digital Hong Kong dollar (eHKD), utilizing zero-knowledge proof technology to conceal sensitive user information. They plan to employ decentralized oracles to provide real-time exchange rates and zero-knowledge accumulators to ensure audit transparency. This initiative aims to address the pain points of high cross-border payment fees (traditionally up to 5%), low efficiency (2-3 days for transactions to arrive), and high compliance risks. Their priority is to serve B-end enterprises, such as financial institutions, e-commerce businesses, and study abroad organizations, generating profit by charging a 0.05% transaction fee and a technical service fee. It has been demonstrated that this solution can reduce corporate fees by 95%, achieve real-time transaction arrival, and improve service efficiency by 30%. The goal is to expand from B2B to B2C within three years and establish a global cross-border payment ecosystem.

Team Member(s)
YIN Chenxi (Faculty of Business)
ZHANG GuoQiang