The 11th Global Blockchain Summit has commenced at the Hyatt on the Bund in Shanghai — one of the largest global events in the field of blockchain technology. The summit is traditionally organized by Wanxiang Blockchain Labs. This year, the event brought together experts and industry leaders from around the world, including representatives from the Web3 segment, artificial intelligence, and the financial sector.
This is reported by Finway
Main Topics and Participants
The key theme of the summit is Web3 Unbounded, reflecting the industry’s commitment to openness, compatibility, and the integration of modern technologies without borders. Among the participants are leading specialists in Web3, payment system developers, artificial intelligence experts, and representatives from cryptocurrency companies.
During his speech, Dr. Xiao Feng, Chairman and CEO of China Wanxiang Holdings, as well as Chairman of Wanxiang Blockchain and CEO of HashKey Group, emphasized the importance of collaboratively developing standards for the blockchain industry. He highlighted the need to consolidate efforts to create a new digital infrastructure for the financial system that meets contemporary requirements.
Dr. Xiao Feng stressed that the blockchain industry is moving towards mass adoption and regulated development. He urged participants to unite their efforts to create shared standards and regulations, so that blockchain becomes a key infrastructure of the new generation for the global financial system.
Discussions and Future Prospects for Web3
The summit’s program includes dozens of panel discussions and thematic presentations addressing the implementation of blockchain in the financial sector, the development of payment services, the integration of artificial intelligence, and the future of cryptocurrency infrastructure. Special attention is given to regulatory issues, the search for innovative solutions, and the formation of standards that will facilitate the global spread of Web3.
The organizers emphasize that the chosen theme “Web3 Unbounded” symbolizes a new era of openness and technological integration, which should serve as the foundation for the further development of the industry.