Editor’s Note: The TrustBridge Forum – Bridging Trust and Value for a Connected Digital Future was organized by Ant Group Digital Technologies and TNGlobal.
The forum is dedicated to exploring the synergies between AI and Web3, focusing on the central role of trust and value creation in an exponentially evolving digital world.
The half-day forum is also designed to bring together an impressive group of industry leaders, technology experts and passionate enthusiasts to explore the impact of emerging technologies.
In his keynote speech, Geoff Jiang, Executive Vice President and CEO of Ant Group Digital Technologies, said that innovative technologies, including blockchain, confidential computing, Internet of Things and AI, are accelerating the digitalization of assets, making transactions more efficient and reliable, while delivering greater value. for all parties.
“At Ant Group Digital Technologies, we are committed to leveraging these innovative technologies to facilitate digital transformation and collaboration, to drive innovation, efficiency and trust with our partners. »
He said the group today collaborates with more than 300 global partners, serving more than 10,000 corporate clients each year.
“Our overseas market has seen remarkable revenue growth of 300% this year. We are extremely grateful for the opportunity and support from our customers.
This was followed by a keynote session from Meng Yan, co-founder of SFT Labs & Solv Protocol on the topic of Tokenization of real-world assets: enablers and challenges.
In this session, he talked about the trends, enablers, and challenges of real-world asset tokenization.
According to him, the enablers include high-performance blockchains, central bank digital currency (CBDC) and regulated stablecoins, decentralized identifiers and verifiable credentials, while the challenges include rudimentary tokenization technologies, radical transparency and weak support for regulation.
Later, in a keynote session by Yan Ying, chief scientist of Ant Chain Open Labs, the The next step in Web3 infrastructureshe talked about the mass adoption, scalability and security of Web3.
“We have many tools at our disposal. There are many services that help developers and users secure their applications and assets,” she said.
She also highlighted the importance of collaboration and openness in Web3, citing the need to work together with various stakeholders to overcome challenges.
Derrick Loi, Managing Director of International Business at Ant Group Digital Technologies, also shared his insights on the theme “Reshaping the Financial Industry with Pioneering AI Applications” during his keynote session.
He pointed out that there are many expectations about the economic potential of generative AI.
“Essentially, we are looking at around 3% contribution from generative AI to the digital economy. And we expect this figure to increase to around 12% between 2030 and 2032,” he added.
During the panel discussion on “Cost-Benefit Analysis of Web3 Transition,” speakers included Terrence Hooi, co-founder and CEO of Singular Global; Arthur Tan, Chief Marketing Officer and Head of Investor Relations, TPay; Zhexin Wan, Head of Research, Ample FinTech; also shared their valuable insights on “Cost-benefit analysis of Web3 transition“.
Moderated by TechShake’s Paolo Rentero, panelists shared the latest trends, opportunities, and challenges they see in the Web3 transition. They discussed Blockchain technology and its potential to solve various problems, the potential of blockchain technology to increase efficiency and streamline supply chains, as well as the possibility of tokenizing assets such as real estate and stocks, among others.
In another keynote session, Zhang Chenguang, Product Manager at ZAN, focused on unlocking the potential of real-world assets (RWA) bridging Web2 and Web 3. He discussed the need of a secure, interoperable and regulated platform for the real world. active in the Web3 ecosystem.
He discussed asset ownership, corporate credits and also highlighted the challenges of integrating blockchain technology with existing legal protections and centralized institutions. Zhang also discussed and explained data privacy, transparency and regulation, among others.
Finally, the audience has the opportunity to hear from some of the region’s most notable venture capitalists before the event ends, thanks to a panel discussion moderated by Josh Zhang, Partner at TechNode, on The Fintech landscape in 2030.
Panelists James Tan, Managing Partners at Quest Ventures; Helen Wong, managing partner at AC Ventures; and Genping Liu, Venture Partner at Vertex Ventures Southeast Asia and India, shared their views on future trends in FinTech over the next decade.
Panelists discussed, among other things, the differences between Southeast Asia and China, underbanked populations, the potential of neobanks to facilitate access to capital, FinTech opportunities and the regulatory environment in South East Asia.