Technological Innovation, Safe Escort: The "Hong Kong Web 3.0 Security Technology Summit and Web 3.0 Annual Awards Ceremony" Successfully Concluded

Author: Meta Era

On December 21, 2023, during the "Hong Kong Web 3.0 Technology Week," the "Hong Kong Web 3.0 Security Technology Summit and Web 3.0 Annual Awards Ceremony" concluded perfectly after a full day of thematic speeches and roundtable discussions rich in industry depth and forward-looking insights. This summit was co-hosted by Meta Era, Web3Labs, and iPollo, with Hong Kong Cyberport being an essential partner.

The summit successfully attracted industry elites and renowned institutions from both domestic and international backgrounds, discussing how to ensure the security and stability of the Web 3.0 ecosystem in the new era, starting from the theme of "Hong Kong Web 3.0 Security Technology."

At the beginning of the event, the Financial Secretary of the Hong Kong Special Administrative Region, Paul Chan, National Committee member and Hong Kong Legislative Council member, Wu Jiezhuang, and Hong Kong Cyberport Chairman, Chan Sai Ming, delivered speeches on behalf of all attendees, pointing out the development direction for the future of Hong Kong's Web 3.0 security compliance.

Keynote Speeches by Distinguished Guests

Among them, Paul Chan, Financial Secretary of the Hong Kong Special Administrative Region, stated in his speech that Hong Kong's goal is to lead and drive innovative development, attracting more top enterprises and talents to promote Hong Kong as a hub for Web 3.0.

Subsequently, Wu Jiezhuang, National Committee member and Hong Kong Legislative Council member, pointed out that Hong Kong should actively participate in setting global Web 3.0 standards and build a global Web 3.0 center.

Moreover, Chan Sai Ming, Chairman of Hong Kong Cyberport, expressed that Hong Kong Cyberport is actively promoting the development of Web 3.0, being the largest fintech community in Hong Kong, with over 400 companies gathered there.

Chan Sai Ming added that the Hong Kong SAR government has allocated HKD 50 million to Cyberport to accelerate the development of Hong Kong's Web 3.0 ecosystem, particularly promoting cross-sector business cooperation, such as the collaboration established between Cyberport and Ant Group.

Successful Launch of Various Ceremonies

Wu Jiezhuang, National Committee member and Hong Kong Legislative Council member, Jack Kong, founder of Nano Labs and director of Hong Kong Cyberport Management Company, Zhang Ze, General Manager of Huawei Cloud Hong Kong, Ryan Hui, founder of ND Cloud, and Seven Lee, Chief Operating Officer of iPollo, jointly announced and witnessed the launch ceremony of the "Web 3.0 Empowerment Program."

The iPollo Pineapple Hong Kong Chain Test Network was also officially launched at this summit, showcasing not only iPollo's innovative achievements but also an important initiative for Hong Kong in the global Web 3.0 ecosystem construction.

Afterward, Mr. Zhu Haokang, initiator and secretary-general of the RWA Working Group, delivered an important speech on the topic of "RWA Empowering New Financing Models for the Real Economy." Mr. Zhu stated that the tokenization and digitization of Real World Assets (RWA) will play a disruptive role in the era of rapid digital economic development, leading the Web 3.0 industry from virtual to real. With the adoption of traditional financial institutions and blockchain technology, the market size of RWA is expected to exceed USD 10 trillion in the next decade.

After Mr. Zhu's speech, Mr. Wang Yang, Chairman of the RWA Working Group and Vice President of the Hong Kong University of Science and Technology, delivered a video speech. Several guests, including Dr. Wu Weiliang, co-founder and CEO of Hong Kong Virtual Asset Exchange (HKVAX), Mr. Li Shangxin, founder and CEO of Coinstreet Holdings, Mr. Adam Zbar, founder and CEO of Hamsa, Mr. Zhang Zhihao, founder and CEO of DigiFT, Ms. Shi Zhuojun, Senior Manager of Huaxia Fund (Hong Kong), Ms. Chichi Hong, partner at Hack VC, Dr. Yu Jianing, founder and principal of Uweb, Executive Director of the Metaverse Industry Committee of the China Mobile Communications Association, and Honorary Chairman of the Hong Kong Blockchain Association, Mr. Rong Nan, Business Innovation Director of Airstar Bank, and Mr. Zhang Taoshuo, Deputy Secretary-General of the RWA Working Group, jointly witnessed and announced the establishment of the RWA Working Group.

Subsequently, Mr. Nie Wei, Deputy Director of the International Judicial Exchange Base of the Shanghai Cooperation Organization Anti-Money Laundering and Financial Security Research Center, along with Jack Kong, Chief Security Officer of CertiK, Mr. Chai Boyang, Co-founder of NST and Co-chairman of the Hong Kong Blockchain Association, and Mr. Zhou Yiliang, Chief Marketing Officer of RIGSEC, participated in the Hong Kong Web 3.0 Security Alliance Membership Ceremony.

Highlights of the Agenda

With the theme of "The Future of Web 3.0," Meta Era successfully held the first "Hong Kong Web 3.0 Annual Awards Ceremony" at this summit, adding brilliance to the entire event. This year, Meta Era selected and awarded 11 unique awards, with the winners determined by a jury composed of dozens of industry experts and global public voting. For detailed lists, please click here to view.

In the morning agenda, after the important speeches by Secretary Chan, Member Wu, and Chairman Chan, and the successful launch of five key ceremonies, the subsequent six thematic speeches and one roundtable discussion brought the summit to a climax.

Eric Bai, CEO of Meta Era and Director of the NYU Blockchain Association, delivered an important speech titled "Meta Era: Based in Hong Kong, Creating Globally, a New Era of Innovation in Web 3.0."

Eric pointed out that Hong Kong is a great information aggregation point, bridging East and West, allowing us to convey the voices of Chinese people to the world while integrating global partners into the Web 3.0 ecosystem of the Greater Bay Area and Greater China.

Additionally, Eric added that Meta Era, as the first media platform to convey Hong Kong's voice to the world, will leverage its value to expand globally from Hong Kong, transmitting the voices and strengths of the Chinese community.

Following that, Albert Lo, co-founder of HKVAC, delivered a keynote speech on "Virtual Asset Risk Management," pointing out that HKVAC's key products and services will be divided into two phases, covering exchange ratings, indices, joint development/cooperation, and more.

Mr. Chai Boyang, co-founder of NST and co-chairman of the Hong Kong Blockchain Association, stated in his speech that the "big year" for Bitcoin is approaching next year, and security issues are receiving increasing attention. In the future, free security training will be provided based on public welfare and openness to create a safe environment for Web 3.0 builders.

Huawei Cloud's Senior Architect and Chief Security Expert, Wan Tao, started from the topic "Huawei Cloud: Security Evolution on Web 3.0 Cloud," using Huawei Cloud's 3CS framework as an example to demonstrate how to set up one's security technology architecture. At the same time, Wan Tao introduced Huawei Cloud's trusted computing technology, wallet asset custody solutions, and Web 3.0 cloud security operation solutions (SecMaster Security Cloud Brain), among other cutting-edge technologies.

Ren Pingping, Vice President of iFLYTEK, also delivered a keynote speech titled "Let the World Hear the Voice of Chinese AI" at the summit. Ren Pingping stated that iFLYTEK's cognitive large model has become the "dawn" of general artificial intelligence, and the "intelligent emergence" of cognitive large models will bring new opportunities to meet humanity's urgent needs.

After the five thematic speeches, the summit welcomed its first roundtable forum. Participants included Mr. Xiao Wei, Deputy Secretary-General of the China Mobile Communications Association, Mr. Ni Jianzhong, Executive Chairman of the China Mobile Communications Association, Mr. Kong Zhong, Director of the Artificial Intelligence Committee of the China Mobile Communications Association and Consultant of the Tsinghua Alumni Association Internet and New Media Committee, Mr. Wang Yiwen, AI researcher at the Hong Kong University of Science and Technology, Mr. Kevin Ren, Asia Partner of the CGV Fund, and Mr. Rene, co-founder of CharacterX.AI.

Focusing on the theme of "2024 AI Development Outlook," Ni Jianzhong stated that humanity must have a conscience in the face of technological use and cannot be driven by laziness; while we accelerate, we must also apply the brakes.

Kong Zhong added that AI represents a new round of industrial revolution, and future competition will be between large models.

As the afternoon agenda continued, five roundtable forums, two thematic speeches, and the interspersed "Web 3.0 Annual Awards Ceremony" kept the summit's momentum rising.

With the theme of "The Future of Web 3.0," this summit successfully held the first Meta Era "Hong Kong Web 3.0 Annual Awards Ceremony." This awards ceremony aims to recognize teams and individuals that have performed outstandingly in a bear market, promoting the large-scale application of Web 3.0 technology. Specific awards and winners will be announced later.

At the start of the afternoon activities, Dr. Li Kang, Chief Security Officer of CertiK, Mr. Nie Wei, Deputy Director of the International Judicial Exchange Base of the Shanghai Cooperation Organization Anti-Money Laundering and Financial Security Research Center, Mr. Tony Tan, head of the Slowmist Hong Kong community, Mr. Darin Chan, head of BitMart HK, and Mr. Cyrus Chiu, Director of Customer Development and Sales at Cloudflare, initiated a roundtable dialogue on "How Communities Enhance Security Levels for Web 3.0 Users."

During this period, Nie Wei stated that the security challenges faced by Web 3.0 are comprehensive, and the security issues in Web 3.0 will ultimately directly or indirectly affect the financial sector. There is still a need to connect regulations between Web 2.0 and Web 3.0.

Under the same topic, Darin Chan repeatedly emphasized from the user's perspective that Web 3.0 service providers need to simplify complex concepts for users and the industry while creating a more robust educational approach to popularize industry technology.

Subsequently, Mr. Kevin Law, Director of Business Development for CoinDesk Indices in the Asia-Pacific region, Mr. Qu Weizhi, founder of the Hong Kong Digital Asset Society and member of the Hong Kong Third Generation Internet Development Task Force, Mr. Zhao Binghao, an internationally renowned business, fintech, and digital law expert and Dean of the Financial Technology Law Research Institute at China University of Political Science and Law, Mr. Huang Yanting, consultant lawyer at Dezan Shira & Associates (Singapore), Mr. Lu Yongsong, Investment Strategy Director at New Fire Asset Management, and Mr. Song Donglai, CEO of Vtrading, jointly initiated a roundtable meeting on the theme of "New Regulatory Landscape for Cryptocurrencies: How to Develop Compliantly?"

Zhao Binghao stated that Web 3.0 regulation should focus on regulating applications rather than technologies. How to utilize tools to better execute regulations and how to enhance regulatory effectiveness through disclosure and governance structures are worth studying.

Subsequently, Dr. Wu Ming, co-founder and CTO of Conflux, represented Conflux at the summit and delivered a keynote speech titled "Web 3.0 Digital Foundation." In his speech, he systematically introduced the evolution of functional requirements and scenarios from Web 1.0 to Web 3.0. Dr. Wu also mentioned that blockchain has become the inevitable choice for the underlying infrastructure of Web 3.0 in the face of the technological and security gaps created by new business models and application scenarios entering the Web 3.0 era.

With the theme of "In Asia: Embracing Web 3.0 and Global Digitalization," Mr. Wang Xiaocheng, founding partner of PSE Trading, Mr. Huang Junlang, co-founder and CEO of Web3labs, Mr. Chen Peiquan, Executive Director of Victory Securities and co-founder of VDX, Mr. Wu Ming, co-founder and CTO of Conflux, Mr. Adam Jin, advisor to the Solana Foundation, Mr. Zhu Yahua, director of Aspen Digital, and Mr. Huang Yanbo, corporate solutions architect at Filecoin Foundation, jointly initiated a roundtable dialogue.

Huang Junlang pointed out that balancing innovative technology and regulations, as well as maintaining policy continuity, is crucial for the development of Web 3.0 in Hong Kong.

When discussing the question of "How can asset managers effectively utilize Web 3.0 technology for innovation?" Wang Xiaocheng added that the compliance costs and required cycles for asset management are long, but blockchain technology can address issues of trust and information transparency in asset management, making asset management functions increasingly efficient.

Additionally, Wu Ming stated that Asia has significant advantages in Web 3.0. Currently, Web 3.0 innovations are emerging continuously, with many domestic engineers achieving results in technological innovation. Furthermore, the domestic digital payment infrastructure has considerable advantages, which will greatly impact the development of the Web 3.0 ecosystem.

Mr. Zhu Haokang, initiator and secretary-general of the Asia RWA Working Group, Mr. Zhang Dayong, Chief Business Officer of HashKey Group, Ms. Shi Zhuojun, Senior Manager of Huaxia Fund (Hong Kong), Dr. Zhu Junwei, founder of Xiayan Capital, Ms. Chichi Hong, partner at Hack VC, Dr. Yu Jianing, founder and principal of Uweb, Executive Director of the Metaverse Industry Committee of the China Mobile Communications Association, Honorary Chairman of the Hong Kong Blockchain Association, and Mr. Victor Qian, Business Development Manager at Matrixport, engaged in a roundtable discussion on the topic of "Exploration and Practice of Hong Kong Security Tokens and Stablecoins."

During this discussion, the guests shared their views on the exploration and practice of Hong Kong security tokens and stablecoins, as well as related regulatory issues.

Dr. Yu Jianing stated that people like Web 3.0 because assets can be fragmented, allowing for a small investment to yield significant returns, enabling superior Web 3.0 pricing methods to compete with traditional finance.

Conor R. Crowley, Global Legal Counsel at Socrates Global, also attended the summit and delivered a related keynote speech on "How to Enhance User Asset and Rights Protection?"

In this speech, Conor R. Crowley mentioned that current regulatory efforts worldwide mainly focus on regulating cryptocurrencies and similar virtual assets. He introduced the different policies adopted by the United States, the European Union, and Hong Kong in response to the cryptocurrency market.

Finally, around the topic of "Investor Perspectives: AI vs. Web 3.0," Ms. He Cuiping, founder and CEO of Yuan Yi Consulting, Mr. Dong Yiyue, Director of the Hong Kong Financial Development Bureau and Head of Policy Research, Mr. Xiao Wei, Deputy Secretary-General of the China Mobile Communications Association, Mr. Kevin Ren, Asia Partner of the CGV Fund, Mr. John Wang, Head of Ecosystem Development at Neo, and Ms. Polina Zygalova, spokesperson for the Socrates brand, engaged in the last roundtable discussion of the summit.

Among them, Xiao Wei stated that AI may contribute more in the economic field, while Web 3.0 will play a larger role in stability and marketization.

Kevin Ren pointed out that excellent AI technology should be applied across various industries, while also empowering AI through the liquidity and incentive models of Web 3.0. AI is essentially a tool, while Web 3.0 represents production relations, allowing AI to be accepted more quickly by people.

With the successful conclusion of the last roundtable discussion, the "Hong Kong Web 3.0 Security Technology Summit and Web 3.0 Annual Awards Ceremony," co-hosted by Meta Era, Web3Labs, and iPollo at Hong Kong Cyberport, came to a successful end.

During the evening banquet, Wang Xiaocheng, founding partner of PSE Trading, delivered an exciting keynote speech titled "Macroeconomic Outlook for Virtual Assets under the US Bitcoin Spot ETF."

In this speech, Wang Xiaocheng introduced that PSE Trading is deeply engaged in the investment and trading of the cryptocurrency market, maintaining close cooperation and contact with major exchanges, market makers, and custodians. While providing the best investment services to investors, PSE Trading also guides investors to deeply participate in the early stages of the blockchain industry.

At the same time, Wang Xiaocheng mentioned that PSE Trading's Global Macro Strategy fund strategy combines on-chain data, technical analysis, market sentiment, and macroeconomic trend forecasts to guide quantitative trading through comprehensive model analysis, enabling market timing. PSE Trading's trading strategy effectively helps the fund grasp market contexts more accurately, thereby achieving stable returns in the dynamically changing cryptocurrency market.

Special Thanks

Finally, congratulations once again on the successful conclusion of the "Hong Kong Web 3.0 Security Technology Summit and Web 3.0 Awards Ceremony." We sincerely thank the co-organizers CertiK, Nuosec Technology Limited, PSE Trading, as well as sponsors such as BitMart, Vtrading, Conflux, CloudFlare, Bitroo, New Fire Technology, Socrates, Coldlar, Elven Group Pte Ltd, Kun, Oasis Genesis, and ND CLOUD.

We also thank various media, strategic support organizations, and cooperative communities, including Planet Daily, Foresight News, Mars Finance, Chain Catcher, PANews, Golden Finance, Cointime, Koala Finance, Blocklike, World Chain Finance, Blocknews, Quick Chain Headlines, Followin, DeFam, Caihua News, FinMETA, ByToken, Sina Finance Media, wikBit, and DeThings for their support.

Epilogue

Through the successful launch of five major ceremonies, eleven exciting thematic speeches, six thrilling roundtable discussions, and the presentation of eight honorary awards, we collectively witnessed the vigorous development of the Web 3.0 ecosystem at this summit.

In the wave of Web 3.0, we have repeatedly observed the continuous iteration and growth of the digital economy and blockchain technology, as well as the ongoing advancements in Web 3.0 ecosystem security technology. This grand event not only gathered industry elites but also provided us with opportunities for deep reflection, jointly exploring the direction and challenges of future technological development.

Finally, let us join hands and look forward to the belief that under the guidance of the Web 3.0 era, technology will continue to bring more positive changes to society. We look forward to continuing to move forward together on the future path, exploring the infinite possibilities of the Web 3.0 era!