Binance CEO: The Disruption Cycle of Blockchain and Web3 Technology is Accelerating

ChainCatcher news, Binance CEO Richard Teng published an article titled "The Owners and Disruptors in the Era of Blockchain Innovation," in which he pointed out that Binance's user count has surpassed 200 million, marking an important milestone in the history of innovation. Blockchain and Web3 are developing at an unprecedented speed, with the technology disruption cycle accelerating. Bitcoin, launched in 2009, laid the foundation for a new asset class and attracted mainstream global attention in less than a decade. The time from the emergence of this technology to the widespread deployment of consumer applications based on it is very short.

Currently, millions of people around the world are using digital assets to efficiently transfer value online, participate in decentralized finance (DeFi) activities, and benefit from various smart contract-supported functionalities, ranging from digital art to decentralized autonomous applications.