Chan Ho-lim: Hong Kong has strong potential for Web3 development

Chen Haolian, Deputy Director of Financial and Treasury Bureau of Hong Kong, stated that as an international financial center, Hong Kong has strong potential for Web3 development and a sound regulatory framework. Key technologies such as the global blockchain ecosystem and decentralized oracle networks have enormous potential in promoting decentralized finance and digital economic transformation. Therefore, he hopes that Asia, especially Hong Kong, can have a deeper understanding of these development trends and explore how to apply these technologies to local financial technology and Web3 innovation.