Yat Siu, co-founder and chairman of Animoca Brands, emphasizes the importance of decentralization for the future of the internet. In a Talking Tokens podcast interview, Siu discusses the transition from centralized digital platforms to decentralized networks. He believes that embracing decentralization can revolutionize digital property rights, a core focus of Animoca's involvement in Web3. Siu describes the Web3 economy as the 'internet of ownership,' highlighting the value that sectors can unlock through recognized and protected ownership rights in the digital realm. Despite recognizing the challenges of this shift, particularly in education and understanding, Siu stresses the potential of networks with embedded financial opportunities. Animoca Brands, in collaboration with Standard Chartered Bank and Hong Kong Telecommunications, is participating in the HKMA stablecoin sandbox to advance Hong Kong's digital asset ecosystem and applications, working closely with regulators to shape the regulatory framework. Read more AI-generated news on: https://app.chaingpt.org/news