Against the backdrop of the booming digital economy, digital assets, as an important engine of technological innovation, are driving the transformation and upgrading of the global economy at an unprecedented speed. On August 30, 2024, the "Global Outstanding Chinese Summit and Digital Assets and Industry Empowerment High-end Forum" co-organized by Greater Bay Area Times Magazine, Techub News, and Asia Pacific First TV and sponsored by DA AGE was grandly held in Hong Kong.
This high-end forum brought together outstanding Chinese representatives, industry leaders and senior experts from around the world to conduct in-depth discussions on the core topic of "Digital Assets and Industry Empowerment". Through this event, participants not only gained a deeper understanding of the application prospects of digital assets in traditional industries, but also put forward many constructive suggestions for Hong Kong's future positioning in the global digital economy.
Alma's speech - Hong Kong's determination to transform digital assets
Against the backdrop of the rapid transformation of the global economy, digital assets are reshaping the global economic landscape at an unprecedented speed and becoming the core driving force of technological innovation. In her speech, Alma emphasized Hong Kong's determination to transform as an international financial center, especially after the Hong Kong government issued a declaration at the end of 2022 to "build Hong Kong into a global virtual asset capital", Hong Kong quickly became the focus of the global virtual asset industry. She shared her experience of starting a business in Hong Kong since 2017, and how she has promoted technological innovation and the development of Web3 technology through technology media platforms such as Techub News over the past year or so. She specifically mentioned that Techub News is committed to combining Web3 technology with traditional industries to explore the huge potential of digital assets in promoting industrial transformation. Alma also called on more leaders of traditional industries in Hong Kong to participate in the discussion and application of Web3 technology, hoping to work with more industry partners to jointly promote Hong Kong to become a global leader in digital assets and technological innovation.
Sam Hui's speech: Key technologies and applications for digital transformation
In his speech, Sam Hui pointed out that digital transformation is crucial for enterprises, both traditional and emerging companies. He specifically mentioned that the key to digital transformation in the next five years lies in mastering "ABCD+IOT" - artificial intelligence (AI), blockchain, cloud computing (Cloud), digital transformation (Digital Transformation) and the Internet of Things (IOT). He emphasized that these technologies are not only tools, but also key factors in empowering industries and improving industrial efficiency. Sam Hui also talked about Hong Kong's potential in the field of digital assets, especially its unique advantages in the fields of auctions and finance. He shared a successful case that showed how to increase the liquidity and market value of traditional heavy assets through digitization and tokenization, thereby raising large amounts of funds in Hong Kong. He believes that this model can effectively solve the asset liquidity problem of traditional industries and bring new growth points to the future digital economy.
Fernando Don's speech - Current status of NFT market and Web3 layout of Asia Pacific's No. 1 TV station
In his speech, Fernando Don analyzed the current status of the NFT market and its empowerment of the industry. He used the example of the popular basketball NFT project "Boring Ape" in 2022 to demonstrate the drastic fluctuations in the market and emphasized the risks of investment. He shared his personal investment experience, especially the story of joining the decentralized autonomous organization (DAO), and explained how investors should respond to market fluctuations and avoid blindly following the trend and excessive speculation. In addition, Fernando pointed out that there are some problems in the current development of the NFT market and Web3 technology, such as the instability of the growth model and the prevalence of market speculation. He remains optimistic about the future and believes that NFT and Web3 technology will find more application scenarios in the real economy, especially in the combination of digital products and actual rights and interests. Fernando also introduced the layout of Asia Pacific First Satellite TV in the field of Metaverse and Web3, including the establishment of Metaverse TV Station and the launch of virtual digital people. At the same time, Asia Pacific First Satellite TV and Techub News jointly launched a brand new Web3 interview column. He finally expressed his expectations for the future development of Web3 and hoped that the participants would actively participate and jointly promote China's development in this field.
Roundtable Forum - Mutual Understanding and Future Development between Traditional Industries and Digital Asset Industries
Host Alma——Founder of Techub News; Guests: Bitcoinmaodu——Pump404.fun; Liao Wang——Founder of Atom Chain & LeShua, Chairman of Dubai Atomic Energy Real Estate; Hom——ArtsArena.io
At the roundtable, the host and the guests conducted an in-depth discussion on the theme of "Mutual empowerment and future development between traditional industries and digital asset industries", and comprehensively analyzed the opportunities and challenges of the digitization of physical assets. Liao Wang first emphasized that the main risk faced by the digitization of physical assets comes from the uncertainty of government regulation. He pointed out that different governments may take different attitudes towards emerging technologies, so it is crucial to choose a regulatory environment that encourages innovation. At the same time, he also mentioned the risks of the project team, pointing out that in the process of promoting the digitization of physical assets, it is key to find a visionary and ambitious team. William discussed the challenges and opportunities of the tokenization of physical assets (RWA) in the context of globalization, especially how to effectively bind physical assets off the chain with digital assets on the chain. He believes that although RWA may have shortcomings in decentralization, it can attract new funds to enter the market and support the development of Web3. He also mentioned that under the trend of globalization, the United States should not monopolize the regulatory standards in the field of Web3, and Hong Kong should seize the opportunity to play a more important role in the globalization process of Web3. Hom shared the types of assets suitable for RWA, such as real estate, precious metals and artworks, and explained in detail how to allow ordinary investors to participate in partial ownership of these assets through tokenization. In general, the guests discussed extensively how Web3 technology can be applied to traditional industries, emphasized the importance of choosing the right regulatory environment and team, and were optimistic about Hong Kong's development prospects in the RWA field. They foresaw that more traditional industries would be combined with digital assets in the future to drive further growth of the market.
Signing ceremony of strategic cooperation agreement between Techub News and OneTV
At the end of the event, OneTV and Techub News held a signing ceremony for a strategic cooperation agreement. They jointly launched a new web3 interview program "No FOMO Tonight". "No FOMO Tonight" aims to deeply explore the cutting-edge technologies and industry trends in the Web3 era. Through dialogues with experts in blockchain, decentralized finance, NFT and other fields, we will provide viewers with valuable insights and practical knowledge to stimulate interest and participation in emerging technologies. The program has interactive sessions to encourage viewers to ask questions and explore the future of Web3 together to help it grasp opportunities and challenges in technological changes. Alma said that this cooperation marks a new beginning, and hopes that this cooperation will provide more inspiration and forward-looking thinking for all parties, and is full of expectations for future cooperation.
Will Wong's speech: In-depth analysis of the evolution of digital assets
In this event, Will Wong (Founder of Web3.0 Tech Ltd) shared the evolution of digital assets and their impact on the industry. He recalled his father's traditional logistics operations in the 1970s, emphasizing how technological advancements have improved efficiency and information flow. Wong said that the transformation experience of the family business, from manual production to the introduction of automated systems, has significantly improved production and data management. He pointed out that the maturity of artificial intelligence and decentralized ledger technology has not only promoted the innovation of digital asset management methods, but also promoted the formation of a new business ecosystem. Wong specifically mentioned the Hong Kong government’s strategic plan to build Hong Kong into a global center for digital asset trading, which will help related companies thrive in a highly competitive market. He summarized the importance of adaptability and innovation, encouraging the use of new technologies to build a more efficient and prosperous economic future.
In general, this summit not only explored in depth the application prospects of digital assets in traditional industries, but also put forward constructive suggestions for Hong Kong’s future positioning in the global digital economy, and promoted innovation and development in the industry.
