Odaily Planet Daily News 🌟 At the 2024 Hong Kong SmartCon conference, Dr. Xiao Feng, Chairman and CEO of HashKey Group, shared his unique insights on the future of blockchain. He stated that all assets can be categorized into two states: 'on-chain' and 'in-chain'. On-chain refers to the tokenization of real-world assets, while in-chain refers to the bondization of digital native assets. Through oracle technology, these two achieve interoperability between on-chain and off-chain. 🔗

He also mentioned that DePIN (Distributed IoT) will put hardware devices on-chain, aiming to achieve the tokenization of real assets. The ultimate goal is to establish a business closed-loop that facilitates global investors in mobilizing liquidity. 📈

In addition, HashKey recently launched the Ethereum L2 public chain HashKey Chain, aimed at building a compliance-friendly ecosystem that encourages innovation, allowing traditional finance and Web3 users to share the endless possibilities brought by blockchain technology. 🚀

The future of Bitcoin remains hopeful, looking forward to more innovations and developments!