WeBank initiates RWA tokenization through the debut of its POTOS blockchain infrastructure.
WeBank, a digital bank founded by Tencent, the owner of WeChat Pay, has been making significant strides in the blockchain industry. Since becoming open source in 2017, its flagship blockchain platform, FISCO BCOS, has been implemented in over 500 digital transformation projects and has amassed a community of more than 5,000 institutions and 100,000 individuals.
FISCO BCOS, known for its financial-grade performance, boasts a processing capacity of up to 200,000 transactions per second (TPS) and horizontal scalability. This scalable, enterprise-ready platform is positioned as a key infrastructure for cross-border finance and enterprise blockchain applications.
WeBank's current blockchain strategy focuses on advancing such platforms. The bank is actively collaborating with regulatory authorities like the Hong Kong Monetary Authority (HKMA) on initiatives such as wholesale Central Bank Digital Currencies (CBDCs).
In line with broader trends in Web3 and decentralized finance (DeFi) ecosystems, WeBank's strategy is evolving towards combining enterprise blockchain strengths with more open, public-spirited features. This is exemplified by WeBank Technology Services’ new blockchain infrastructure initiative, POTOS (Portal of the Orient Symposium for Web3).
POTOS aims to stimulate growth of Hong Kong’s Web3 ecosystem, signaling a move beyond purely private consortium chains towards blockchain systems that foster openness, interoperability, and broader ecosystem participation. POTOS provides a three-layer 'value exchange' infrastructure solution for institutions, including high-performance blockchain, cross-chain protocols, and advanced security technologies.
Henry Ma, EVP and CIO of WeBank, stated that POTOS aims to solidify the foundation of trust for the advancement of Hong Kong's Web3 ecosystem. WeBank Technology Services is a wholly owned subsidiary of WeBank in Hong Kong, aiming to leverage its blockchain expertise to help position Hong Kong as a hub for compliant and innovative Web3 practices.
While specific details on "Open Consortium Chain 2.0" are not given in recent coverage, WeBank Technology Services is actively developing blockchain infrastructure initiatives designed to expand interoperability and embrace cross-boundary data sharing based on blockchain principles. For example, WeBank’s involvement in the Shenzhen-Hong Kong Cross-Boundary Data Validation Platform exemplifies their drive toward transparent, immutable, and traceable blockchain applications that serve broader community and regulatory needs without compromising data privacy.
In summary, WeBank leads with FISCO BCOS 4.0 as a scalable enterprise blockchain platform and participates in prominent cross-border, cross-jurisdictional blockchain projects. Through initiatives like POTOS and ongoing collaborations with regulators and partners, WeBank is transitioning its blockchain offerings to incorporate more public-spirited, interoperable, and open features, aligning consortium chain capabilities with Web3 and public blockchain principles to foster ecosystem-wide innovation and inclusion.
Read also:
- Developing a Sales Strategy: Methods, Sample Plans, and Templates for Sales Plans
- Events that transpired on the night of August 13, 2025.
- Manchester-based entrepreneur Amman Ahmed propelled an unusual venture to an 8-digit empire, without external financing. This is the story of how he crafted a groundbreaking genre in the world of animal-oriented media, one growl and rhythm at a time.
- Cooking Quantity of Beef Corresponds to Citizens' Salaries - Analysts Disclose
