A quick overview of Token 2049’s key points

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Bitpush
09-18
This article is machine translated
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Compiled by: Jinse Finance

Before the Token 2049 conference officially started, many important side events had already begun. Many industry insiders expressed important opinions, which are summarized by Jinse Finance as follows.

September 17

Polkadot Decoded Asia Roundtable Discussion: Web3’s Infrastructure Continues to Improve

At Polkadot Decoded Asia in Singapore, Foundry’s Emerick Mary moderated a roundtable discussion, guiding several guests to share their views.

James Liu of Alibaba Cloud believes that the large-scale use of Web3 must go through Web2, so Web2.5 is also an important stage. The latest areas of Web3 that are of concern are node services, high-frequency transaction processing, and Depin.

Dr. Chen Feng of Autonomys Network said that the future of AI not only requires higher efficiency, but also needs to consider data security and data processing security, and substrate plays an important role in this.

Ghan Vashishtha of Zeeve said that for a long time, the threshold for participation in Polkadot has been very high, but now with the continuous improvement of infrastructure, more and more parachains can be more easily built on the Polkadot ecosystem.

Michael Bennallack of Mandala said that based on the demand of centralized institutions for blockchain and the characteristics of Web3 itself, it is necessary to balance "entry permission" and "information transparency" to find a better solution.

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Anson Zeall, Chief Strategy Officer of dtcpay: Innovating digital payments and creating a seamless deposit experience

At the Token2049 side event Stable Rise held by WSPN (Worldwide Stablecoin Payment Network), Anson Zeall, Chief Strategy Officer of dtcpay, delivered a keynote speech entitled "Revolutionizing Digital Payments: Innovation and Strategic Cooperation for Seamless Deposit Experience". Anson emphasized that innovative technologies and strategic cooperation are reshaping the digital payment field, bringing users and businesses a more convenient and efficient deposit experience.

Anson highlighted the strategic cooperation between dtcpay and WUSD. This innovation seamlessly combines blockchain technology with traditional finance, significantly reducing transaction fees and improving cross-border payment efficiency. He also elaborated on how the dtcay platform can promote payment innovation and popularization by simplifying the deposit process and making it easier for users to enter the digital payment ecosystem. Anson pointed out that this seamless deposit experience will inject new impetus into the development of the digital economy.

Mastercard Vice President of R&D Huang Donghao: Web3 technology leads the future of payment, building trust and smooth business experience

At Stable Rise, Mastercard Vice President of R&D, Huang Donghao, delivered a keynote speech entitled "Building Trust and Smooth Business Experience: Leading the Future of Web3 Technology Payment". Huang Donghao emphasized that Web3 technology is reshaping the payment industry, providing users with higher trust and smoother user experience. Huang Donghao focused on an innovative technology called Tokenized Card NFT, which converts payment cards into non-transferable Soul Bound Tokens, greatly improving the security and credibility of transactions. At the same time, he also elaborated on the DigiPay solution, which effectively solves the problem of micropayments with its low fees and high throughput.

JJ Lin, Bolin Chen and others attended the Token2049 side event.

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September 16

Polkadot Decoded Asia Roundtable Discussion: How do investors see the current market liquidity?

At Polkadot Decoded Asia in Singapore, Wilfred Daye of Sylvanus Technologies moderated a roundtable discussion, guiding several investors to share their views on current market liquidity.

Ciara Sun of C² Ventures said that although it is very helpful for market liquidity to allow Web2 funds to enter Web3 through hype, I still hope that products with real technical value support will appear in the Web3 world.

Ivan Li of Comma3 Ventures said, "In my opinion, DeFi is very valuable because centralized finance has too many costs, and the costs saved in decentralization can be fully fed back to users."

Edward from HTX Ventures believes that for Web3 to truly rise, several conditions must be met, including technology and products that are used on a large scale, a relatively mature business model, and the ability to create a craze.

In his advice to entrepreneurs, IVC's JT Law said that you need to have a product and demonstrate what you can do and what you have done. The days when you can get financing with just an idea are gone.

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Polkadot Decoded Asia Roundtable Discussion: Polkadot's Global Community Building

At Polkadot Decoded Asia held in Singapore, Patricia Arro of Polkadot SEA | OpenGuild served as the roundtable moderator and guided several guests to share their communities’ experiences in helping build the Polkadot ecosystem.

Kristen from PolkaWorld said that PolkaWorld maintains good relations with developers in many ecosystems, and will leverage its own advantages in the future to convey Polkadot's strategies to all developers and attract developers into the Polkadot ecosystem.

Dr. Cao of AIWeb3 believes that the core of the community is to serve and support users. AIWeb3 will continue to recruit content creators and create more original content.

When talking about future plans, Tracy from Oneblock+ said that Oneblock+’s hackathon is now underway, which will bring innovative and vibrant new projects to the Polkadot ecosystem.

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At the Polkadot Decoded Asia conference, many guests shared their institutions’ thoughts on investing in the Polkadot ecosystem.

At the Polkadot Decoded Asia conference held in Singapore, Angela from Jsquare served as the moderator of the roundtable discussion and led several guests to share their institutions’ thoughts on investing in the Polkadot ecosystem.

Terry Culver of Digital Finance Group pointed out that Polkadot has achieved a good balance between sustainability and security, and is very willing and good at connecting investors closely with Polkadot ecosystem projects.

Isaac from SNZ Capital mentioned that the diversity of the Polkadot ecosystem enhances the stability and vitality of the ecosystem. In addition, thanks to abundant resources and support, the execution efficiency of Polkadot and its projects is very high.

Rui of HashKey Capital said that the investment in Polkadot is one of HashKey Capital's earliest investments. Polkadot has been exploring multi-chain technology since its early days, and this move is extremely innovative and forward-looking.

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Kun Peng, founder of Stanford Blockchain Accelerator: The integration of AI, blockchain and cryptocurrency will open a new chapter

At the Polkadot Decoded Asia conference held in Singapore, Kun Peng, founder of the Stanford Blockchain Accelerator and Application Summit, delivered a keynote speech entitled "Looking Forward to a New Chapter of Integration of AI and Web3".

Kun Peng pointed out that currently large AI companies focus on efficiency and the performance of AI models, but ignore key factors such as data privacy, transparency, traceability and verifiability, which are the potential directions for the integration of blockchain and AI. In addition, the application of cryptocurrency can enhance communication between AI agents and provide incentives for the development of open source models and tools.

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Parity COO: The ultimate vision of decentralization is for the community to determine the overall direction of development

At the Polkadot Decoded Asia conference held in Singapore, Chrissy Hill, COO and Chief Legal Officer of Parity, delivered a keynote speech titled "How to Maintain Decentralization and Compliance in Web 3.0".

Chrissy pointed out that Web3 has a grand mission to bring value to billions of users and give birth to a new and fairer global digital economy and supporting business model. One of its important core values ​​is decentralization.

She emphasized that the ultimate vision of decentralization is for the community to determine the overall development direction, the founder's influence is equal to that of all members of the community, and all protocol codes are open source and can be forked by third parties. However, this process needs to be carried out step by step. Ultimately, the business model of Web3 will help meet the growing demand for networks that respect user data rights.

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More exciting content is being continuously updated.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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