Web3.0 Real Economy Digital Revolution Salon was successfully held at the Hong Kong University of Science and Technology

At the beginning of the event, President Hu Shenglong of the Hong Kong Science and Technology Youth Federation delivered a speech, emphasizing the great potential of Web3.0 for financial services, medical health, green dual-carbon economy and other industries. By combining it with artificial intelligence and using smart contracts and decentralized technology, Web3.0 can achieve more efficient automated processes and improve productivity and efficiency. Hong Kong needs to formulate corresponding policies to attract more companies and entrepreneurs to participate in the Web3.0 revolution. Better infrastructure should also be built and more support and resources provided to promote cross-border cooperation. This prosperous Web3.0 ecosystem has made Hong Kong a leader in the Web3.0 field.

Subsequently, Professor Wang Yang, Vice President of Hong Kong University of Science and Technology, delivered a keynote speech on "The Impact and Opportunities of Web 3.0 on the Real Economy". Principal Wang believes that Web3 can empower niche groups, provide everyone with opportunities to create value, and benefit from value. The real future of Web3 needs to be integrated with the real economy, and real-world assets on the chain have become an unstoppable trend. Professor Wang expressed through examples that RWA plays a key role in the fairness of global cooperative settlements. He also believed that by vigorously developing RWA, Hong Kong has the ability and opportunity to become a leader in Web3.0.

Xin Weimin, founder of Shangyang Network, shared his profound insights on "building a sustainable Web3.0 infrastructure and ecosystem". Mr. Xin shared the opportunities and challenges of Web3 with everyone, and believed that as the underlying technology becomes more mature, more and more traditional enterprises will migrate to Web3. These changes and developments are inseparable from the open and interoperable underlying foundation. set up. In the construction process of commercial-grade infrastructure, infrastructure construction must be promoted based on the application ecology and industry needs to avoid being disconnected from upper-level ecological applications.

Subsequently, Mr. Xin introduced the structure design and characteristics of each layer to everyone, taking the decentralized modular infrastructure that Yang Network has built as an example, and demonstrated the advanced multi-chain and cross-chain capabilities of this infrastructure. ability. Taking creator royalties, music rentals, entertainment ticketing, sharing economy, health and sports data management, etc. as examples, we will explain the segmented application scenarios and business prospects of different NFT standards in different vertical industries.

Finally, Mr. Xin also pointed out that the transformation of enterprises to Web3 is not only an upgrade at the IT level, but the most important thing is the transformation of ideological concepts and business models. We must have the courage to jump in, understand and learn Web3 technology, and collaborate to build The Web3 ecosystem, even now, is still in the early stages of Web3.

Roundtable Discussion

Professor Lei Zhibin, Secretary-General of the Hong Kong Web3.0 Association, Liu Haoyu, Operation Leader of Crypto-Fintech Lab of Hong Kong University of Science and Technology and Founder of Blockchain Academy , Yuan Yuming, CEO of Huolian Technology, Cao Heng, founder of BlockbeatHK, and Mi Cheng, CEO of TraditioNow, launched a lively discussion around the theme of "The Implementation and Challenges of Web 3.0 in the Real Economy". Several guests shared the reasons for choosing Hong Kong as the base for the Web3 real economy, the policies and environment provided by Hong Kong, and how to deal with the current opportunities and challenges.

This event ended successfully. In the noisy web3 industry, this was an extremely pragmatic and lively discussion, which is of great value for promoting the implementation of web3 in Hong Kong.

About HKSTYF

The Hong Kong Science and Technology Youth Federation (HKSTYF) originated from a group of employees with work experience in Hong Kong Science and Technology Parks Corporation in both places. It is composed of employees from Hong Kong A non-profit social organization voluntarily formed by outstanding young people from all walks of life related to the scientific and technological innovation industry. Members and their institutions include but are not limited to: relevant government departments, technology companies, entrepreneurial teams, returnee elites, investment institutions, colleges and universities, scientific research Institutions, etc.

With the purpose of "rooting in Hong Kong, serving the society, uniting young people, and serving the country with science and technology", the Federation uses the Hong Kong Science Park as its base and home base to unite all scientific and technological youths who love the country and Hong Kong, and extensively contacts all walks of life in Hong Kong society to promote the cultivation and growth of young scientific and technological talents, better play the leading role of young people in the field of scientific and technological innovation, encourage more aspiring young people to join the scientific and technological innovation industry, promote the prosperity of Hong Kong's scientific and technological innovation ecosystem, and promote Hong Kong is building into a technological innovation center in the Greater Bay Area and even internationally.

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