WEB3.0
Immutable (IMX) Teams Up with Medieval Empires for Open Beta Launch
Immutable and Medieval Empires unveil an open beta, showcasing gameplay and strategic elements in a Web 3.0 environment.
Wiki Finance Expo Hong Kong 2024 Is Coming in May!
The Wiki Finance Expo Hong Kong 2024, a major FinTech and Web3.0 event in Asia, will feature over 500 partners and 300+ companies. Key speakers include DFINITY Foundation founder Dominic Williams, and the event promises valuable networking and learning opportunities for the industry.
Wiki Finance Expo Sydney 2023 Is Coming Soon!
The Wiki Finance Expo, Sydney 2023, is Australia's largest fintech event, attracting over 3,000 attendees from various sectors. Supported by 200 institutions, media, and companies, it promotes regulatory security of cryptocurrencies and FX at the Fullerton Hotel Sydney.
GSR Secures Major Payment Institution Licence from Singapore's MAS
GSR, a global cryptocurrency trading firm, has received In-Principle Approval for a Major Payment Institution licence from the Monetary Authority of Singapore (MAS). The approval allows GSR's Singapore subsidiary, GSR Markets Pte. Ltd., to better serve the cryptocurrency community. The news comes a day after Coinbase Singapore announced its full licence, highlighting the competitive yet regulated crypto landscape in Singapore.
Huawei Cloud Introduces Advanced Web 3.0 Services to Enhance Hong Kong's Digital Landscape
Huawei Cloud launched Web 3.0 services in Hong Kong on Aug. 16, 2023. The TechWave event showcased blockchain innovations and aimed to boost the region's digital economy and Web 3.0 ecosystem.
What Is Web 4.0?
Web 4.0 is an innovative concept outlined by the European Commission, designed to compete with the rapidly emerging trend of Web 3.0, which is gaining significant momentum in countries or regions such as the USA, Mainland China, Hong Kong, and Singapore.
Northern Trust Partners with NUS to Advance Blockchain for Institutional Investors
Nasdaq listed company Northern Trust (NTRS), the National University of Singapore's School of Computing (NUS Computing), and the Asian Institute of Digital Finance (NUS AIDF) have announced a series of initiatives aimed at shaping the future of blockchain for institutional investors.
Hong Kong Aims to Lead in Green Finance and Web 3.0, Says Financial Secretary
Hong Kong is setting its sights on becoming a global leader in two new fields: green finance and Web 3.0, according to a recent speech by the city's Financial Secretary Paul Chan.
AntChain Integrates Zero-Knowledge Proof for Enhanced Privacy and Verification in Web3.0 Era
Ant Group's AntChain has announced a new architecture upgrade for its privacy collaboration platform, AntChain FAIR, introducing Zero-Knowledge Proof (ZKP) as a core technology for verifiable computation. This extends trustworthy data transfer to the verification of computation processes, data attributes, and identities.
What is Web3?
Web 3.0, frequently abbreviated as Web3, is often recognized as the upcoming or third generation of the internet. It builds upon Web 1.0, characterized primarily as read-only, and Web 2.0, which introduced interactive user-generated content and sharing capabilities.
Hong Kong Boosts Web3 with New Task Force
On June 30th, 2023, Hong Kong's government revealed the creation of a pivotal initiative - the Task Force on Promoting Web3 Development. This significant step, led by Financial Secretary Paul Chan, includes fifteen non-official members selected from relevant market sectors, plus key government and financial regulatory officials.
China Mobile Launches Metaverse Industry Alliance, Involving Tech Giants Like Huawei and Xiaomi
On June 28, 2023, in Shanghai, China Mobile announced the formal establishment of the China Mobile Metaverse Industry Alliance during the Mobile World Congress (MWC) Shanghai 2023. This initiative marks a significant stride in China Mobile's strategic foray into the rapidly expanding metaverse landscape.
CITD to Issue HK$100 Million Bonds Utilizing Blockchain
China Information Technology Development Limited (CITD) (HKEX: 8178), a leading technology company specializing in AI and cloud technologies, has announced its plan to issue HK$100 million worth of Bonds using distributed ledger technology (DLT). The proposed issuance aims to revolutionize the bond market by leveraging blockchain and smart contract technologies.
Hong Kong Embraces Web3.0 and Advances as an International Crypto Hub, said Chief Executive
Li Ka-chung emphasized Hong Kong's potential in leveraging its strengths as an international financial center and driving the development of cutting-edge technologies, particularly in the realm of Web3.0.
China's Shanghai Prioritizes Blockchain, Web3.0, and Metaverse in Three-Year Manufacturing Development Plan
Shanghai, a front-runner in the deployment of emerging technologies in China, has recently announced its ambitious "Three-Year Action Plan for Promoting High-Quality Development of Manufacturing (2023-2025)." This strategic initiative was revealed by the Shanghai Municipal Government Office, highlighting the city's commitment to accelerating the development of its digital economy with a focus on Blockchain, Web3.0, and the Metaverse.