Hong Kong Web3.0 Association Aims to Boost Digital Economy: Chen Delin’s Speech

On April 11th, Chen Delin, President of the Council of the Hong Kong Web3.0 Association, delivered a speech at the establishment ceremony of the association, stating that the common goal of the association members is to contribute to the development of the digital economy in Hong Kong, the Greater Bay Area, and the mainland. She firmly believes that Hong Kong can become a leader in the development of the digital economy in the mainland, and the association will be committed to promoting technological changes and industrial upgrades related to Web 3.0. The association will also provide suggestions for the government, Promote social awareness and professional training on Web 3.0, and promote Hong Kong to become a leading global center for Web 3.0 and digital finance.

President of the Hong Kong Web3.0 Association: Web3.0 will become a new enabler of the digital world

The establishment ceremony of the Hong Kong Web3.0 Association was held on April 11th, 2021, which was attended by several high-profile industry leaders and government representatives. Chen Delin, President of the Council of the Hong Kong Web3.0 Association, delivered a speech at the event, sharing the common goals of the association members and their commitment to promoting technological changes and industrial upgrades related to Web 3.0, along with elevating Hong Kong’s status as a world leader in the digital economy.

The Purpose and Objectives of the Hong Kong Web3.0 Association

In her speech at the association’s launch event, Chen Delin emphasized the importance of the digital economy in the modern world and described the key objectives of the Hong Kong Web3.0 Association. The mission of this association is to contribute to the development of the digital economy in Hong Kong, Greater Bay Area, and mainland China. Chen Delin firmly believes that Hong Kong can emerge as a leader in the development of the digital economy in the mainland.

Promoting Technological Changes and Industrial Upgrades Related to Web 3.0

One of the primary objectives of the Hong Kong Web3.0 Association is to promote technological changes and industrial upgrades related to Web 3.0. The technologies and tools associated with Web 3.0 can bring a revolutionary improvement in various industries, including finance, gaming, supply chain management, and many more. The association will work closely with all stakeholders of the digital economy to push forward research and development efforts in Web 3.0 technologies.

Suggesting Measures to Governments to Boost the Web 3.0 Ecosystem

The Hong Kong Web3.0 Association aims to collaborate with government and policymakers to grow the Web 3.0 ecosystem in Hong Kong and surrounding regions. The association plans to provide suggestions to the government regarding the development of the digital economy and its associated regulations. The association also aims to enhance the understanding of Web 3.0 among policymakers and other stakeholders to facilitate the development of a robust digital ecosystem.

Promoting Awareness and Professional Training on Web 3.0

Another key objective of the Hong Kong Web3.0 Association is to promote social awareness and professional training on Web 3.0. Successful adoption and implementation of Web 3.0 technologies require a skilled workforce that is equipped with the knowledge of emerging trends and developments associated with the digital economy. The association will provide training and education programs for professionals, executives, and students to bridge the knowledge gap and create a vibrant digital ecosystem.

Elevating Hong Kong’s Status as a Global Center for Web 3.0 and Digital Finance

The Hong Kong Web3.0 Association aims to establish Hong Kong as a leading global center for Web 3.0 and digital finance. The association plans to leverage Hong Kong’s unique positioning as a hub for international finance and commerce to promote the benefits of Web 3.0 and digital finance. The association aims to bridge the gap between traditional financial models and innovative technologies to create a seamless experience for consumers, institutions, and corporations.

Conclusion

The establishment of the Hong Kong Web3.0 Association is a crucial step toward creating a thriving digital economy in Hong Kong and the Greater Bay Area. Chen Delin’s speech underlines the association’s commitment to contribute to the digital ecosystem’s growth by promoting technological changes, industrial upgrades, and professional education. The association also aims to collaborate with the government and other stakeholders and elevate Hong Kong’s status as a global center for Web 3.0 and digital finance.

FAQs

Question 1: What is Web 3.0?

Web 3.0 is the next generation of the internet where users have more control over their data and identity. Web 3.0 enables decentralized applications, smart contracts, and peer-to-peer transactions, providing new opportunities for businesses and consumers.

Question 2: Can Web 3.0 help in solving current problems related to cybersecurity and data privacy?

Yes. The new web standards, including advanced encryption algorithms and decentralized data networks, can significantly improve cybersecurity and data privacy.

Question 3: What is the role of the government in promoting Web 3.0?

The government plays a crucial role in shaping policies and regulations that foster innovation and growth in the digital economy. They can invest in research and development, support cybersecurity frameworks, and create tax incentives to promote innovation in Web 3.0.