Chen Maobo: Hong Kong is stepping up efforts to promote the development of digital entertainment and Web3.0 industries
2023/08/27 08:05
According to Jinse Finance, Hong Kong's Financial Secretary Paul Chan Mo-po stated in a blog post on the 27th that Hong Kong is actively seizing the development opportunities of digital entertainment and Web3.0 (the third generation of the Internet). Hong Kong Cyberport has gathered about 170 digital entertainment companies and over 180 Web3.0-related enterprises. The government will actively lead and drive the development of relevant industries under the premise of prudent and appropriate regulation. Chan Mo-po pointed out that Web3.0 technology is not limited to digital entertainment or virtual assets. The core blockchain technology of Web3.0, with its characteristics of decentralization, security, transparency, immutability, and low cost, can be applied to finance, commerce, trade, supply chain management, and daily life to solve many practical problems and difficulties.
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