Odaily Planet Daily News 🎉 At the 2024 Hong Kong SmartCon conference, Xiao Feng, Chairman and CEO of HashKey Group, delivered a wonderful speech entitled "On-chain and On-chain". He predicted that in 2025, the blockchain industry will achieve interconnection through five major channels: stablecoins (estimated $6 trillion in trading volume), ETFs (off-chain securitization of crypto assets), RWA (on-chain tokenization of traditional assets), STO (on-chain Web3 business tokenization) and licensed institutions (on-chain deposit, loan and exchange transactions). 💡

Xiao Feng pointed out that "on-chain" is mainly achieved through three methods: Web2 (data on-chain), DePIN (equipment on-chain) and DeFi (asset on-chain), and the ultimate goal is tokenization. DLT (distributed ledger technology) has two layers of value: tools (improving marginal effects) and mechanisms (creating new assets). 🚀

As a representative of cryptocurrency, Bitcoin still has an optimistic outlook and deserves attention. 📈