Where will the development path of virtual assets lead? The 2023 Hong Kong Web3 Carnival will gather industry leaders to discuss together

2023-03-27 18:30:09
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The 2023 Hong Kong Web3 Festival is jointly hosted by Wanxiang Blockchain Lab and HashKey Group, organized by W3ME, and will be held from April 12 to 15 at the Hong Kong Convention and Exhibition Centre.

Virtual assets are an important part of the Web3 ecosystem and a new asset class that has garnered significant attention. After the turbulent year of 2022, how will virtual assets develop?

On the afternoon of April 12, the 2023 Hong Kong Web3 Festival will host a special thematic forum titled "The Development Path of Virtual Assets," inviting multiple industry experts and professionals from well-known financial institutions to engage in dialogue and exchange, deeply exploring hot topics in the virtual asset field such as TradFi, CeFi, DeFi, and stablecoins, as well as the future development trends and application prospects of virtual assets.

Despite some crises and challenges faced by virtual asset exchanges in the past year, casting a shadow over the industry's development path, the decentralized, disintermediated, secure, transparent, and low-cost characteristics brought by the underlying Web3 technology, when applied appropriately, can trigger many innovative models and help solve pain points in various fields such as finance, trading, and business operations. The Hong Kong SAR government also issued a policy declaration on October 31, 2022, regarding the development of virtual assets in Hong Kong, adopting an open and inclusive attitude towards innovators engaged in virtual asset businesses globally.

At the "The Development Path of Virtual Assets" thematic forum during the 2023 Hong Kong Web3 Festival, Dr. Xiao Feng, an early explorer in the blockchain industry, Chairman and General Manager of Wanxiang Blockchain, and Chairman of HashKey Group, will share his in-depth insights on the development of virtual assets.

As the Web3 wave rises, how can TradFi leverage this emerging force to achieve innovation and transformation? Representatives from traditional financial institutions and emerging technology companies, including Baker McKenzie partner Joy Lam, Cobo COO Lily Z. King, AWR Capital Managing Partner Phillip Gillespie, Fidelity Digital Asset Solutions Global Head Luc Froehlich, Kenetic Founder Jehan Chu, and Matrix Partners China Partner Wan Haoji, will collide ideas and co-create solutions in a roundtable discussion themed "The Symbiotic Integration of TradFi and Crypto Technology."

Finoverse Co-founder and CEO Anthony Sar, OKX Global Institutional Business Managing Director Lennix Lai, SignalPlus Co-founder and CEO Chris Yu, HashKey Group Ecosystem Head Ben El Baz, Yibo Financial Co-founder and Chairman Lawrence Chu, and Satori Research Co-founder and CEO Teong Hng will discuss the past, present, and future of "CeFi," as well as how to find opportunities in this ever-changing market.

In the development of virtual assets, stablecoins are an indispensable key element. Stablecoin giant Circle's Vice President of Products Joao Reginatto, RD Technologies Chief Product Officer Ms. Connie Cheung, and representatives from well-known financial institutions such as J.P. Morgan will delve into the origins and fundamental elements of stablecoins.

CeFi and DeFi are among the most exciting developments in the virtual asset field in recent years, often compared to each other, sparking widespread discussion. Which is superior, CeFi or DeFi? Or can the two integrate? FalconX APAC General Manager Matt Long, DigiFT Founder and CEO Henry Zhang, GMX Advisor Dovey Wan, Binance APAC Head Gleb Kostarev, and Anchorage Asia Executive Director Moses Lee will share and discuss the innovative possibilities and future development prospects of both in the roundtable discussion "Product Innovation: CeFi vs DeFi."

From Web1 to the currently thriving Web3, each evolution of the internet paradigm triggers changes in social models. Angel investor and Meitu Chairman Cai Wensheng, Dragonfly.xyz Founder Feng Bo, and former Alibaba Chief Strategy Officer Zeng Ming will explore the opportunities and challenges brought to society, enterprises, and individuals during the evolutionary process from Web1 to Web3.

After the black swan events of 2022, where will CeFi go from here? In the final segment of the "The Development Path of Virtual Assets" thematic forum, HashKey Capital CEO Deng Chao will engage in an in-depth dialogue with Binance CEO CZ (online) to discuss the future development of CeFi.

The attraction of virtual assets to global investors and their recognition in financial innovation are increasing day by day. Coupled with the future opportunities brought by the entry of virtual assets into the Web 3.0 and metaverse fields, they have become indispensable in the market. What is the future development path of virtual assets? Perhaps glimpses can be seen in this star-studded thematic forum "The Development Path of Virtual Assets" at the 2023 Hong Kong Web3 Festival.

Attached is the agenda for "The Development Path of Virtual Assets":

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2023 Hong Kong Web3 Festival

The "2023 Hong Kong Web3 Festival" is co-hosted by Wanxiang Blockchain Lab and HashKey Group, organized by W3ME, and will be held from April 12 to 15 at the Hong Kong Convention and Exhibition Centre. This four-day festival is expected to attract over 10,000 on-site attendees, more than 300 globally influential speakers, and over a hundred popular Web3 projects, communities, and media exhibitors. The event will be held alongside several activities under the newly launched "Business of Innovation and Technology Week," highlighting Hong Kong's unique advantages as an international innovation and technology hub and an international trade exhibition center in Asia. For more information, please visit: https://www.web3festival.org/hongkong2023/home

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