Foresight News reported on the scene that at the "10th Blockchain Global Summit" held by Wanxiang Blockchain Lab, Li Guoquan, Dean of the Global Finance Institute and Professor of Singapore University of Social Sciences, gave a speech and said, "The key features of Web4 include blockchain technology, artificial intelligence, the Internet of Things and augmented reality. The current challenges facing Web4 include technical complexity (the requirements for implementing Web4 are high), regulatory issues (governments and institutions need to formulate policies to guide) and user education (helping users understand and use tools and services)."