According to Foresight News, at the "FORESIGHT 2024" annual summit, Scroll co-founder Sandy Pe said in the "ZK Acceleration, the Road to Exploration of Large-Scale Applications" roundtable forum that ZK technology is experiencing exponential growth and is developing at an alarming rate. We are entering a new era where the cost of using ZK technology will be significantly reduced and the convenience will be significantly improved. At present, ZK technology is mainly used in high-end fields, such as rocket technology and complex mathematical calculations. In the future, ZK technology will become more popular and its advantages will be fully utilized. Peng predicts that as ZK technology becomes more mature, its application scope will be greatly expanded, bringing innovation and efficiency improvements to more fields.

 

The annual FORESIGHT 2024 summit was held at the Hong Kong Ocean Park Marriott Hotel from August 11 to August 12. The full live broadcast is now available on the Foresight News official website. This summit is co-organized by Foresight Ventures, Foresight News and The Block. It aims to provide a stage for communication and collision of ideas for global Web3 builders, and to build a bridge connecting the East and the West and bridging regional differences. We invited senior political officials, industry leaders, heads of traditional institutions, top VC investors and representatives of popular projects to discuss dozens of hot topics such as the new chapter of Web3 in Asia, the strategic opportunities and challenges of institutional entry, the regulatory context under the background of compliance, the new trend of global Web3 investment, the Bitcoin ecosystem, AI+Crypto from narrative to application, large-scale application of ZK, and social networking.