[Parity COO: The ultimate vision of decentralization is for the community to determine the overall direction of development] Golden Finance reported that at the Polkadot Decoded Asia conference held in Singapore, Chrissy Hill, COO and Chief Legal Officer of Parity, delivered a keynote speech entitled "How to Maintain Decentralization and Compliance in Web 3.0". Chrissy pointed out that Web3 has the grand mission of bringing value to billions of users and giving birth to a new and fairer global digital economy and supporting business model. One of the important core values ​​is decentralization. She emphasized that the ultimate vision of decentralization is for the community to determine the overall direction of development, the founder's influence is equal to that of all members of the community, and all protocol codes are open source and can be forked by third parties. However, this process needs to be carried out step by step. Ultimately, Web3's business model will help meet the growing demand for networks that respect user data rights.