Web3 Big Data, Leading the Decentralized Future: A Review and Outlook of the Oort Hong Kong Conference

Author: Oort

On April 11, Web3 Data Cloud Oort held a technology conference themed "Decentralizing the Future with Web3 Data" at the renowned Renaissance Harbour View Hotel in Hong Kong, gathering some of the most outstanding talents from various fields around the world. The conference aimed to fundamentally change the way users, developers, businesses, and organizations interact with data through Web3 technology. Numerous industry speakers shared their unique insights into a decentralized future, delving into cutting-edge technological advancements, as well as the challenges and opportunities faced by Web3 data.

As the organizer, the Oort team facilitated a thought-provoking discussion, providing attendees with a platform for in-depth communication and exploration. Dr. Li, founder and CEO of Oort, introduced Oort's disruptive flagship product, Oort DSS, a decentralized storage service that empowers individuals, businesses, and developers to take control of their data and benefit from the advantages of a distributed network. Subsequently, Dr. Li showcased Oort's latest product, Oort AI, currently under development, revealing that Oort will leverage artificial intelligence and natural language processing technology to take a significant step in redefining data storage and interaction.

The conference also featured a special guest, Dr. Erdal Arikan, the inventor of polar codes, who detailed the potential of polar codes as a more economical and reliable method for Web3 data storage, paving the way for innovative solutions in the Web3 space.

Ambassador Alexandru Cujba, former Permanent Representative of Moldova to the United Nations, shared his insights on how Web3 data clouds could impact the implementation of the United Nations Sustainable Development Goals (SDGs). Ambassador Cujba emphasized the opportunities and challenges of utilizing Web3 technology to achieve the SDGs and discussed the role of data sovereignty, privacy, and security in shaping the future of Web3 and its impact on global sustainable development efforts.

Mr. David Chen, Strategic Manager at Tencent Cloud, also shared Tencent Cloud's global development in the Web3 field, highlighting the prospects of collaboration between Tencent Cloud and Oort Web3 Data Cloud in the Web3 ecosystem, underscoring the importance of partnerships in advancing Web3 technology.

Regarding the evolving monetary system, Mike Robinson, Chairman of the Oort Foundation, provided thought-provoking insights on how this system shapes the future, while also discussing China's leadership role in the 21st-century global economy.

Dr. Pramod Viswanath, a faculty member at Princeton University and co-founder of Witness Chain, delivered an engaging remote presentation at the conference, exploring the critical role of bandwidth in shaping the future of a decentralized web and its impact on the scalability, security, and accessibility of Web3 technology.

The conference also hosted a roundtable discussion moderated by Tong Yao, Managing Partner of Aves Lair. This roundtable invited distinguished guests, including Bryan from the Bitcoin Association Hong Kong, Zheng Yushan, founder of Waterdrip Capital, Shen Chen, an expert from Shanghai Finance University, Yang Jing, curator of the Xu Beihong Art Museum, and Lin Jiandong from the Australian Securities Exchange. The discussion delved into the revolutionary potential of Web3 technology and its transformative impact on sectors such as society, finance, and art. The speakers shared their insights on the disruptive power of decentralized systems, blockchain, and digital assets, and how they are shaping the future of the world.

At the post-conference dinner, Mr. A Meng from Dao Seven Capital discussed how Web3.0 leverages blockchain technology and smart contracts to create new economic activities and collaborations, with artificial intelligence algorithms as a core component of convenience and efficiency. Akina Ho, co-founder of AllStars Women DAO in the Asia-Pacific region, provided a detailed overview of the current state of Web3 startups in Asia, particularly focusing on the aspirations, challenges, and potential solutions for creating a more inclusive Web3 space for female entrepreneurs. Additionally, Australian lawyer Philip Chow analyzed the Web3 regulatory updates in regions such as Hong Kong, Singapore, the United States, the United Kingdom, and the European Union, offering valuable insights for Web3 businesses operating within different legal environments.

Through diverse perspectives and engaging discussions, the "Web3 Big Data, Leading the Decentralized Future" conference deeply explored the significance of Web3 in digital culture, its impact on the internet economy, the timeline for societal adoption of web technologies, and the key role of decentralized data. By integrating viewpoints from various levels of the Web3 ecosystem, the conference fostered a more comprehensive and balanced dialogue on Web3 and its potential to reshape the digital landscape.

As Web3 technology continues to evolve, Web3 Data Cloud Oort will play a crucial role in advancing the development and application of this field. Through its decentralized storage service Oort DSS and the upcoming new product Oort AI, Oort is committed to empowering individuals, businesses, and developers with greater control over their data and redefining the way data is stored and interacted with. Furthermore, Oort will closely collaborate with partners and sponsors of this conference, including Tencent Cloud, Waterdrip Capital, Redline DAO, COTX Networks, Aves Lair, Moort, and DeFi Labs, to jointly promote the prosperous development of the Web3 ecosystem. By leading industry discussions and enhancing global awareness of Web3's potential, Oort will continue to play an important role at the forefront of this revolution, guiding Web3 technology to fully realize its possibilities for the future.