On April 9th, the "2024 Hong Kong Web3 Carnival" event, jointly launched by Wanxiang Blockchain Lab and HashKey Group and organized by W3ME, successfully concluded in Hong Kong. The event brought together 160+ globally popular projects, 100+ industry vertical media, and 300+ experts, scholars, representatives of well-known projects, and industry leaders to explore new insights into the development of Web3 in Hong Kong.
As the title sponsor and NFT ticket partner of this event, OKX Web3 not only set up booths at the conference to communicate with users at close range but also held the exclusive peripheral event "OKX Web3 Night" to chat with industry partners. In addition, OKX Web3 also received widespread praise for providing exclusive gifts and discounts to users who purchased NFT tickets through the OKX Web3 wallet.
In addition to the exciting brand activities, executives such as Hong, President of OKX Group, Frank, Executive Director of OKX Hong Kong, and Jeff Ren, Partner of OKX Ventures, as well as heavyweight guests such as the Deputy Secretary for Financial Services and the Treasury of the Hong Kong Special Administrative Region, Huang Wei Lun, Cathie Wood, CEO and CIO of ARK Invest, Dennis Kwok, Member of the Legislative Council of the Hong Kong Special Administrative Region (Technology Innovation Session), and Nicholas Yang, Chairman of Hong Kong Cyberport Management Company Limited, were invited to attend the event. They shared cutting-edge insights in various sessions such as keynote speeches and roundtable discussions.
Image | Hong, President of OKX Group
Hong, President of OKX Group, elaborated on the theme of "Responsible Innovation." She pointed out that OKX is leading industry transparency through responsible innovation. On one hand, OKX has been leading the industry by widely adopting the Proof of Reserves (POR) plan since November 2022 and has developed it into a monthly automated technical solution to meet users' expectations for traditional financial audit standards on centralized platforms. On the other hand, OKX Web3 has invested heavily in technology, launching the self-custody OKX Web3 wallet and turning it into a powerful one-stop Web3 gateway, aiming to empower users to control their private keys, thereby reducing the most important way of platform misconduct risk, and more.
Hong further pointed out that as a user-centric platform, it is crucial to enable a wider range of people to enjoy the benefits of new technology in a simpler and more convenient way. OKX Web3 will continue to invest in convenient features such as account abstraction, MPC wallet, and social recovery brought by it, to help more users use self-custody wallets without the need to remember and manage mnemonic phrases. In the event of accidentally losing the mnemonic phrase, it is possible to continue to own and control the wallet through the selected social contacts. As a leading platform, OKX Web3 wallet has introduced the AA smart contract wallet using account abstraction technology, aiming to enable users to trade and transfer between different blockchains with a simpler experience, faster speed, and lower cost. All efforts of OKX Web3 products are based on the belief of providing customers with more choices in a simpler and more secure way, allowing users to make more thoughtful and wise decisions.
Image | Frank, Executive Director of OKX Hong Kong
Frank, Executive Director of OKX Hong Kong, conducted in-depth discussions on the opportunities, risk control strategies, and integration of traditional finance and decentralized finance ecosystems in the field of Real-World Asset On-Chain (RWA) at the "Unlocking RWA: Insights into the Opportunities, Challenges, and Collaboration of the Blockchain Era" roundtable forum. Frank stated that with the advancement of technological innovation, the development of RWA has naturally become a trend, allowing people to further improve transaction and investment efficiency and save related costs through technology. The standardization of asset on-chain protocols, strengthening security and privacy measures, and the application of AI and data analysis to RWA platforms will be the major directions for future application scenarios and related innovations of RWA. In addition, when discussing the development of RWA-related innovations in the Hong Kong market, Frank pointed out that Hong Kong has the potential to play an important role in the global popularization of RWA platforms and the development of related technologies. As one of the three major financial centers in the world, Hong Kong has excellent connectivity, resources, talents, mature financial infrastructure and regulations, a large number of Web3 companies, and creativity. At the same time, Hong Kong also has a mature investor base, providing a favorable and solid environment for the popularization of RWA. More importantly, Hong Kong is a gateway to Asia and other regions, and its favorable market strategic position and strong international connections may help RWA platforms to enter the Asian and international markets on a large scale.
Image | Jeff Ren, Partner of OKX Ventures
Jeff Ren, Partner of OKX Ventures, delivered the opening speech at the "OKX Web3 Night" event held by OKX Web3 during the Web3 Carnival. Jeff Ren expressed his pleasure in discussing the latest innovative technologies and trends with industry leaders such as Solana, Aptos Labs, and Polyhedra, and stated that the progress in these areas not only demonstrates the efforts of these industry leaders in innovating the entire ecosystem but is also crucial for the development of Web3. The close cooperation between OKX and them aims to promote broader connections and cooperation within the blockchain community and contribute to a more interconnected and efficient blockchain ecosystem strategy. Jeff Ren pointed out that as one of the most active contributors in the Web3 field, OKX Web3 is focused on accelerating the growth and adoption of the blockchain ecosystem and driving the adoption of various chains and protocols by providing strong support to developers. This demonstrates OKX's commitment to supporting blockchain infrastructure. However, OKX is not only committed to developing cutting-edge products but also actively investing in infrastructure, ecosystem governance protocols, and introducing more use cases into the blockchain, which is crucial for driving blockchain technology. OKX recognizes that strong infrastructure is a prerequisite for the widespread adoption of blockchain technology and is committed to meaningfully supporting a more decentralized future. In the future, OKX will establish close ties with the Hong Kong crypto-tech community and contribute to the evolution of blockchain technology, jointly building the future of the digital age.
Jeff Ren attended the 2024 Hong Kong Web3 Carnival on April 9th and delivered a keynote speech. Jeff stated that in addition to the dynamics related to Bitcoin itself, the combination of AI and Crypto has also been a recent focus in the industry. For example, by providing solid integrity support for AI's data and models through the decentralization and permanent storage features of blockchain, the introduction of token economics will more effectively support incentives and payment mechanisms for AI in data, models, and computing resources. Jeff pointed out that with the continuous development of blockchain technology and the increase in computing power, it is expected to deploy AI models on-chain in the future, promoting the deep integration of blockchain and artificial intelligence, bringing unprecedented opportunities for change and innovation to various industries.
As a leading global Web3 technology company, OKX Web3 has been the title sponsor of the "Hong Kong Web3 Carnival" event for the second consecutive year, aiming to showcase the latest products and technologies and promote the popularization and development of blockchain technology through one of the world's largest Web3 events.
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