The 2024 Hong Kong Web3 Carnival officially kicks off today (6th). The dynamic area of this article will continue to focus on integrating the highlights of the talks shared by the guests.
(Previous summary: 2024 Hong Kong Web3 Carnival Open Stage Trend Guide: Insight, Art, Song and Dance, E-Sports! )
(Background supplement: 2024 Hong Kong Web3 Carnival” full agenda from 4/6-9)
The 2024 Hong Kong Web3 Carnival officially opened this morning (6th). From now until the 9th, it will join hands with 160+ global hot projects, 300+ experts and scholars, well-known project representatives, industry leaders, etc. to bring exciting sharing.
The dynamic area below will continue to focus on integrating the talk highlights of the guests at the event, more agendas, and watching the online live broadcast. You can also go toOfficial website browsing。
Chairman of Wanxiang Group: The 1995 moment for blockchain applications is coming
In his speech at the opening ceremony, Lu Weiding, Chairman of Wanxiang Group, said that he was very happy with the continued expansion of this carnival and its broader global representation.
In the past two years, Hong Kong has become one of the international virtual asset centers and has global influence in the virtual asset industry.
In 2024, Hong Kong Web3 will have some new features. First, it is globally representative, with many major projects in Europe and the United States participating; secondly, nearly half of the projects are in the field of blockchain applications…
Finally, Lu Weiding made a point that blockchain applications are in the early stage of the Internet explosion similar to 1995. He predicted that in the next ten years, blockchain and Web3 applications will usher in explosive growth and value. The core period of discovery.
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Hong Kong Deputy Financial Secretary Wong Wai-lun: We will continue to cooperate with more industry participants to promote the development of Hong Kong’s Web3 industry
Wong Wai-lun, Deputy Secretary for Financial Affairs of the Hong Kong Special Administrative Region, said that Web3 is a revolutionary change and emphasized that Hong Kong will develop this emerging field in a stable, sustainable and responsible way, focusing on two main areas To support this development:
- The first is to support Hong Kong’s virtual asset trading platform, which will help enhance Hong Kong’s capabilities and influence in virtual asset trading.
- The second is support for Web3 developers, hoping to accelerate the innovation and application of Web3 technology.
Huang Weilun also mentioned that the Hong Kong government is amending relevant laws to bring the over-the-counter (OTC) trading of virtual assets into the scope of formal legal supervision. In addition, the Hong Kong government also plans to allow intermediaries to provide a series of qualified virtual asset services. , including trading in futures and exchange-traded funds (ETFs).
Huang Weilun emphasized that in the future, Hong Kong will continue to cooperate with more players in the industry to provide in-depth insights, thereby bringing more possibilities to Hong Kong and promoting the development of the local Web3 industry.
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Female stock goddess Cathie Wood: Hong Kong’s encryption regulatory framework is worth learning from the United States
At the “2024 Hong Kong Web3 Carnival”, Cathie Wood, CEO and Chief Investment Officer of ARK Invest, had an in-depth conversation with Deng Chao, head of HashKey Singapore and CEO of HashKey Capital.
Cathie Wood noted that while currencies in developing countries around the world are depreciating, the value of Bitcoin continues to rise. She emphasized that the potential of blockchain goes far beyond virtual asset prices themselves.
In addition, she talked about the application potential of AI in the gaming field, emphasizing that the combination of AI and blockchain in the gaming field is a major trend in the future. She predicts that as artificial intelligence technology advances, we will see more and more innovative applications combining AI and blockchain in the gaming field.
Presets for BTC price
Regarding Bitcoin price predictions, Wood mentioned that based on surveys of institutions and analysis of downward fluctuation ratios and fluctuations, ARK Invest predicts that the price of Bitcoin will reach $1.5 million by 2030. This prediction is a significant increase from the previous $600,000, mainly due to the approval of the Bitcoin spot ETF, which will greatly promote the price of Bitcoin.
Wood also mentioned that the U.S.’s uncertainty in regulating cryptocurrencies is in sharp contrast to the comprehensive management structure provided by Hong Kong. Hong Kong’s transparent regulatory system is crucial to the development of technology; and Hong Kong’s uncertainty in asset tokenization The progress is worth learning from the United States.
Due to Hong Kong’s rapid regulatory progress, blockchain technology is developing faster in Hong Kong than in the United States.
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Steve Yun, Chairman of the TON Foundation: Aiming to move 30% of Telegram users to Web3 within five years
The dark horse public chain that has been rising rapidly recently, TON Foundation Chairman Steve Yun and Telegram Chief Investment Officer John Hyman gave a keynote speech titled “Encryption Transformation in the Telegram Ecosystem”.
Steve Yun pointed out that Web3 faces a series of challenges in the process of large-scale adoption, including the complexity of user experience, lack of simple access methods (Onboarding), lack of viral marketing and distribution channels, etc. The TON Foundation has solved these problems to a certain extent by integrating wallets, Mini Apps, simple entry mechanisms and advertising into Telegram.
He emphasized that an Onboarding layer is needed between Web2 and Web3, which requires simple mechanisms (such as Click-to-Earn), social virality and gamification combined with the Web3 economy to achieve large-scale adoption.
Finally, he mentioned that the TON Foundation’s goal is to enable 30% of Telegram users to start using Web3 by 2028.
On the other hand, Telegram Chief Investment Officer John Hyman shared Telegram’s progress in promoting encryption changes. He said, “Our relationship with the blockchain community is symbiotic and we are at the forefront of developing many applications. FRAGMENT is a platform that allows users to buy and sell Telegram usernames.
Since its launch, sales of Telegram usernames through the platform have exceeded $350 million. Telegram is becoming the center of Mini App development, with 360 million monthly active users using Bot and Mini App. “
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OKX President: Users mastering private keys can greatly reduce the risk of evil on the platform
OKX President Hong used the title “Responsible Innovation” to explain that the exchange has invested a lot of resources in Web3 technology and launched the OKX Web3 wallet, hoping to build it into a powerful one-stop Web3 entrance.
We believe that allowing users to control their own private keys through self-hosted wallets is the most important way to reduce the risk of evil on the platform.
In order to meet user needs, OKX is committed to making its Web3 wallet accessible to as many public chains, DApps, NFT platforms and DEX as possible, thereby providing users with the most comprehensive and free choices.
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Xiao Feng, Chairman of Wanxiang Blockchain: The bottom layer of AI and blockchain is computing power
Xiao Feng, Chairman of Wanxiang Blockchain and Chairman and CEO of HashKey Group, shared that AI is a revolution in productivity and blockchain is a revolution in production relations. The end of AI is computing power, and the end of blockchain is also computing power. The combination of the three is a complete topic.
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2024-04-06 05:04:27
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