Hong Kong Web3.0 Association Formally Launches with Leaders in Tech and Finance

It is reported that at the founding ceremony of the Hong Kong Web3.0 Association, Andrew Leung, the President of the Hong Kong Legislative Council, issued the appointment certificate of the President of the Hong Kong Web3.0 Association to Chen Delin, the former President of the HKMA. Chen Chun, an academician of the CAE Member, Li Feng, the President of China Mobile Hong Kong, and Chen Shaojie, the permanent honorary president of the Internet Professional Association, served as the honorary president of the Hong Kong Web3.0 Association. Wang Yang, the vice president of the Hong Kong University of Science and Technology, served as the chief scientific adviser, Former Secretary for Financial Services and the Treasury, Chen Jiaqiang, served as the Chief Financial Advisor.

Former President of the Hong Kong Monetary Authority, Chan Tak lam, serves as President of the Hong Kong Web3.0 Association

The Hong Kong Web3.0 Association has officially announced its founding with the issuance of appointment certificates to its leaders, including former President of the HKMA, Chen Delin, as its President. The event was attended by esteemed members of the technology and finance industries. This article will provide an overview of the Hong Kong Web3.0 Association, its leaders, and what it means for the future of Hong Kong’s tech landscape.

What is the Hong Kong Web3.0 Association?

The Hong Kong Web3.0 Association is a non-profit organization formed to promote the development of Web3.0, which aims to decentralize the internet and enable its users to have more control over their data. By advocating for the adoption of blockchain technology and other decentralized tools, the Hong Kong Web3.0 Association seeks to empower individuals, organizations, and governments to build a better and more equitable internet ecosystem.
The association will also examine the possibilities of using blockchain technology to solve social problems and establish a new social order. The Hong Kong Web3.0 Association understands that distributed technology can make services work automatically without the need for central authorities. Blockchain, smart contracts, and consensus algorithms can eliminate “single points of failure” in traditional systems, making them more resilient and trustworthy.

Leaders of the Hong Kong Web3.0 Association

President – Chen Delin

Chen Delin, the former President of the HKMA, will be the President of the Hong Kong Web3.0 Association. An experienced leader in the financial industry, Chen Delin has specialized in financial innovation and digital currency.

Honorary Presidents

The Hong Kong Web3.0 Association has also appointed three Honorary Presidents:
– Chen Chun, an academician of the Chinese Academy of Engineering;
– Li Feng, the President of China Mobile Hong Kong;
– and Chen Shaojie, the permanent honorary president of the Internet Professional Association.
These three individuals are well-respected members of the tech industry and have played significant roles in the development of the internet in China and beyond.

Chief Scientific Advisor – Wang Yang

Wang Yang, the vice president of the Hong Kong University of Science and Technology, will serve as the Hong Kong Web3.0 Association’s chief scientific adviser. He is an expert in the fields of data science and artificial intelligence, and his contributions to Hong Kong’s scientific community have been widely recognized.

Chief Financial Advisor – Chen Jiaqiang

Former Secretary for Financial Services and the Treasury, Chen Jiaqiang, will serve as the Chief Financial Advisor for the Hong Kong Web3.0 Association. With extensive experience in finance and economics, he is a valuable addition to the association’s leadership team.

Implications for Hong Kong’s Tech Landscape

The launch of the Hong Kong Web3.0 Association marks a significant milestone in the development of Hong Kong’s tech landscape. With leaders in finance, academia, and technology onboard, this non-profit organization is poised to make an impact on the adoption of Web3.0 and blockchain technology in the city.
By promoting the development of decentralized internet and advocating the use of blockchain technology in various sectors, Hong Kong Web3.0 Association could reshape various industries and lead a new era of economic growth, inclusiveness, and transparency in Hong Kong.
Overall, the launch of the Hong Kong Web3.0 Association represents an exciting development for Hong Kong’s tech ecosystem and a valuable addition to the global Web3.0 community.

Conclusion

The Hong Kong Web3.0 Association’s launch marks a significant step forward for the development and adoption of Web3.0 in Hong Kong. With a diverse and experienced leadership team and a focus on emerging technologies, the association is well-positioned to drive innovation in the financial, educational, and public sectors of Hong Kong. We can look forward to seeing the positive impacts of Web3.0 under their leadership.

FAQs

1. What is Web3.0, and why is it transformative?
Web3.0 aims to decentralize the internet and to empower individuals and communities to have more control over their data, content, and identity. It allows for automatic execution of agreements and provides tools to protect privacy and security. Many believe Web3.0 is the future of the internet and presents solutions to the challenges facing the centralization and bias entrenched in the current system.
2. What role can blockchain technology play in Hong Kong’s future?
Blockchain technology offers tools to resolve longstanding issues in finance, politics, and supply-chain management, among other sectors. With Hong Kong’s vibrant economy and political stability, the city is well-positioned to become a global leader in the development and adoption of blockchain technology.
3. How can we promote Web3.0 and emerging technologies’ adoption to Hong Kong’s general public?
We can engage key stakeholders and business leaders to participate in activities that promote knowledge sharing and collaboration within the Web3.0 ecosystem. Also, we can provide educational programs and training to equip individuals with essential skills to participate in the emerging data and knowledge-powered economy.