The CESS trip to Hong Kong has successfully concluded, and the next stops are Japan and Dubai!

From April 6 to 9, 2024, the 2024 Hong Kong Web3 Carnival once again transforms "Fragrant Harbor" into a beacon of technological innovation and thought leadership in the blockchain and cryptocurrency fields.

As in previous years, CESS participated again as a sponsor, exhibitor, and key player, engaging in in-depth discussions with numerous innovative projects at this year's Web3 Carnival, showcasing advanced decentralized storage and content distribution technologies to many Web3 enthusiasts and practitioners, and continuing to cultivate in the DePIN track, committed to providing infrastructure for the future Web3 data economy. Let’s take a look back at the hot topics, development trends, and exciting moments from CESS's exhibition at this year's Web3 Carnival.

The Issue of Industry Standardization Cannot Be Ignored

This year's Hong Kong Web3 Carnival featured a high level of international participation and in-depth discussions on Web3 standardization issues. Compared to last year, the uniqueness of this year's carnival lies in its greater emphasis on practical application cases and solutions, as well as forward-looking thoughts on the future development direction of cryptocurrency and blockchain technology. During this carnival, CESS particularly focused on collaboration opportunities with other leading Web3 projects and enterprises. In particular, the discussion on Web3 standardization revealed the necessity of establishing common standards and frameworks for future technological development, which can not only drive the industry forward but also promote cross-industry collaboration.

Undoubtedly, Web3 needs standardization because standardization ensures seamless interaction and collaboration between different blockchain technologies and applications, which is crucial for creating a decentralized, interoperable digital ecosystem. Standardization helps improve development efficiency, reduce compatibility issues, foster innovation, and ensure user security and data privacy. It also provides clear guidelines for developers and offers users a more consistent and reliable experience, thereby promoting the healthy development and expansion of the entire industry.

On April 5, 2024, CESS (Cumulus Encrypted Storage System), as a vice council member of the Hong Kong Web3.0 Standardization Association, attended the first council meeting of the year in Hong Kong. This meeting brought together well-known enterprises and experts from various fields to discuss and promote the standardization process in the Web3.0 field. (See the article “CESS Invited to Attend the First Council Meeting of the Hong Kong Web3.0 Standardization Association to Discuss the Future of the Industry”)
CESS's participation in the first council meeting of the Hong Kong Web3.0 Standardization Association in 2024 not only demonstrates our deep involvement and contribution to the standardization process in the Web3.0 field but also highlights our key role in promoting the development of decentralized storage technology and networks. Through the successful promotion of the IEEE P3233 “Decentralized Storage Protocol Specification Based on Blockchain”** proposal, CESS showcases its leading position and innovative strength in decentralized storage technology.

This achievement not only reflects CESS's technological innovation and leadership but also serves as an important impetus for the decentralized storage industry to move towards a more standardized and regulated development path. Through such platforms and events, CESS is committed to discussing and formulating industry standards with peers in the industry, promoting the healthy development of the Web3.0 ecosystem, and providing global users with safer, more reliable, and efficient decentralized data services.

The Heat of DePIN Will Promote the Development and Usability of Infrastructure

If there is one keyword that can attract the attention of attendees at this Web3 Carnival, it is undoubtedly --- DePIN. With the hot development of DePIN this year, we can foresee that more innovative decentralized physical infrastructure projects will emerge, providing safer, more efficient, and transparent solutions for data storage, computing power, and content distribution. The popularization of DePIN will significantly lower the entry barriers, enabling more individuals and enterprises to easily access and utilize these infrastructures, thereby promoting the healthy development and technological innovation of the entire industry. In the future, we will witness a more prosperous and interconnected digital world driven by DePIN.

At the 2024 DePIN Global Hardware Conference held on April 8, CESS was invited to exhibit as a pioneer in the blockchain storage + CDN field. During the exhibition, we not only showcased CESS's latest technologies and achievements but also engaged in in-depth discussions with miner communities, Web3 developers, and industry leaders from around the world, exploring the future direction and application prospects of DePIN technology.

Notably, our co-founder and COO Jessie shared her insights and perspectives on the future development of DePIN technology during a highly attended roundtable discussion with other industry experts. Her speech not only profoundly articulated CESS's role and contributions in driving innovation in the decentralized storage field but also provided attendees with inspiration and ideas on how to effectively leverage DePIN technology to explore new domains.

This DePIN Global Hardware Conference was not only a platform for CESS to showcase its strengths and expand partnerships but also a valuable opportunity for us to interact deeply with the global Web3 community and jointly explore the future of blockchain technology. We look forward to continuing to drive the innovative development of DePIN technology in the future, contributing to the construction of a more open, fair, and efficient digital world.

With AI as the Explosive Point, Blockchain Will Combine with More Practical Use Cases

AI-related or AI-focused projects stood out among the many exhibitors at the Web3 Carnival. It can be said that projects featuring AI in their posters and booth introductions garnered attention not only from attendees but also from other projects. With the breakthroughs and widespread adoption of artificial intelligence (AI) technology, we are standing on the threshold of a new technological revolution. The explosive growth of AI lies not only in its own advancements but also in how it combines with other technologies, especially blockchain technology, to create infinite possibilities. The decentralized, transparent, and immutable characteristics of blockchain provide a safer and more reliable data sharing and interaction platform for AI. This combination will not only promote the widespread application of AI in finance, healthcare, education, and other fields but also push blockchain technology beyond the traditional framework of currency transactions, integrating with more practical use cases. With the impetus of AI, we will see a brand new landscape of blockchain applications, marking an important milestone in technological integration and innovative development.

CESS foresees that the future development of Web3 will place greater emphasis on user experience, data privacy, and security. With continuous technological advancements and the expansion of application cases, Web3 is expected to integrate more deeply into daily life, fostering a more open, interconnected, and decentralized digital economy. Not only AI, but the combination of blockchain technology with the Internet of Things (IoT) and other cutting-edge technologies will open up new growth areas for Web3.
Additionally, profound discussions on regulatory frameworks, mainstream user trust and adoption of Web3, and closer integration of Web3 technology with real-world applications were also focal points of the conference.

CESS's Next Stops --- Japan & Dubai

Japan | April 13 to 14

TEAMZ WEB3/AI SUMMIT 2024 EVENT

🔗https://en.web3.teamz.co.jp
Dubai | April 16 to 17

Web3 Summit Dubai (DIFC DMCC)

🔗https://lu.ma/web3summit
Dubai | April 16

Disrupt with DePIN ~ Token 2049 Dubai

🔗https://lu.ma/disrupt-depin-dubai
Dubai | April 17

OOKC LABS 2049 Token Eve

🔗https://lu.ma/night2049
Dubai | April 19

Duke Web3 Investor Soirée by Ga³in Ventures

🔗https://lu.ma/q0udtmiw
Dubai | April 19

Decentralized Dialogues: Exploring AI and Decentralized Governance in Token2049

🔗https://lu.ma/decentralized-dialogues-token2049
Dubai | April 21

Duke Web3 Pitch Competition & VC networking --- Bull City Blockchain Battle @Token2049

🔗https://lu.ma/p5drqh6p
Dubai | April 22 to 23

World Blockchain Summit

🔗https://www.worldblockchainsummit.com/dxb-apr-24

Meet CESS in Dubai

The 2024 Hong Kong Web3 Carnival not only provided CESS with opportunities to interact with the global community but also laid the foundation for future collaborations and innovations. As Hong Kong continues to develop into a stronghold for cryptocurrency and blockchain, CESS will play an important role in promoting the adoption and standardization of Web3 technology.

In the upcoming trip to Dubai, we anticipate gathering more top experts and innovators from the global blockchain and Web3 fields. This trip is not only a platform to showcase CESS's technologies and achievements but also an excellent opportunity to engage deeply with industry leaders and explore collaboration opportunities. We will discuss the future development of decentralized storage and CDN, as well as how to open a new chapter in Web3 applications through the combination of DePIN technology and AI.

In the future, CESS will continue to commit to contributing to the construction of a safer, more efficient, and decentralized digital economic system and data value network through technological innovation.