The 11th Global Blockchain Summit officially started in Shanghai at the Hyatt on the Bund. The event is organized by Wanxiang Blockchain Labs. The summit brought together leading experts from the Web3, artificial intelligence, and financial technology sectors, highlighting the growing integration of modern digital solutions into the global economy.
This is reported by Business • Media
Key Highlights of the Summit: Web3 Unbounded
This year’s summit united participants from around the world around the theme “Web3 Unbounded.” The program includes dozens of panel discussions and presentations dedicated to pressing industry issues: the development of Web3, modern payment systems, the implementation of artificial intelligence, and the future of crypto infrastructure. Significant attention is given to discussing new challenges, opportunities, and the formulation of policies in the field of digital assets and blockchain technologies.
Mass Adoption and Regulated Development of Blockchain
Opening the summit, Dr. Xiao Feng — Chairman and CEO of China Wanxiang Holdings, as well as CEO of Wanxiang Blockchain and HashKey Group — emphasized the importance of consolidating efforts to develop common standards in the blockchain industry. He noted that the industry is rapidly moving towards a stage of mass adoption of technologies and regulated development, paving the way for the creation of new infrastructure for the global financial system.
“The blockchain industry is heading towards mass adoption and regulated development. That is why it is important to unite efforts to create standards and rules so that blockchain becomes the key infrastructure of the new generation for the global financial system,” Dr. Xiao Feng stated during the summit’s opening.
The organizers emphasize that the concept of “Web3 Unbounded” reflects the industry’s aspiration for openness, compatibility, and integration of technologies without borders. The outcomes of the summit are expected to shape the future development of the blockchain and cryptocurrency market in 2025.