Winners of the Top 30 Figures in Blockchain
Zheng Guangtai: First President of the Taiwan Virtual Currency Association, Founder and CEO of Bito Group
Contributions to the industry over the past year:
Served as the first president of the 'Republic of China Virtual Currency Business Association' (VASP Association), promoting the establishment and implementation of industry standards.
Led Bito into the payment and financial institution sector, launching cryptocurrency payment services in collaboration with Bluefin Payment Company, which has 300,000 merchants.
Launched a dedicated account for cryptocurrency users in collaboration with Far Eastern International Bank (Bankee), further expanding its influence in the cryptocurrency market.
Bito has a very high market share in Taiwan's cryptocurrency market, providing cryptocurrency purchasing services through over 4,200 FamilyMart stores.
What are your thoughts on the developments in 2025?
Q1: What are you most looking forward to seeing in the Web3 industry in 2025?
With the approval of Bitcoin spot ETFs and gradual clarity of government regulations worldwide, the global population holding cryptocurrencies has grown to 7.51%. It is expected that by 2025, the impact of digital assets and blockchain applications on global finance will experience transformative growth.
I have always believed in 'solving problems with technology', and blockchain technology can address many of the transformation issues faced by traditional Web2 companies. For example, its decentralized nature can prevent data forgery or hacking, shorten the time and cost of cross-border transactions, and even help traditional companies find new business models and enhance user loyalty.
I look forward to the public discussing digital currency in 2025, not only limited to anti-fraud issues but also the convenience and efficiency brought by its open applications. I hope to see more companies participate in the Web3 market and explore the infinite potential and business opportunities in the Web3 field together.
Q2: From your professional perspective, what do you think will be the most important trend in the blockchain industry in 2025? What are your expectations and observations?
I am optimistic about RWA (Real World Assets tokenization). From the perspective of solving business pain points, the liquidity, transparency, and trading efficiency of physical assets like real estate and art face numerous challenges. RWA can help companies solve these existing problems, improve liquidity, reduce transaction costs, and increase compliance and transparency.
In terms of business, RWA can conduct seamless transactions across borders without relying on local fiat currency and traditional financial infrastructure, allowing global investors to easily participate in RWA projects, thus expanding investment scope and market depth.
Q3: Are there any interesting plans or products to share for 2025?
Bito will continue to cooperate across sectors, especially in the 'value conversion' business model, where we are innovating to help businesses solve existing problems.
The well-known 'point redemption for virtual currency' has achieved impressive user stickiness at FamilyMart, creating higher value from idle points. This successful collaboration model has prompted Bito to further think about how to extend this model beyond the retail sector, lowering the entry threshold for the general public and allowing them to enjoy the benefits of cryptocurrency appreciation. Stay tuned for Bito's product blueprint in 2025!
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