With More Than 8,000 People Gathered, What Did We Learn From the 2021 World Blockchain Conference?

On July 24-25, the 2021 World Blockchain Convention · Hangzhou, hosted by Hangzhou Shichuo Data Know-how Co., Ltd. (8BTC) and supported by Hangzhou Future Science and Know-how Metropolis Administration Committee, was efficiently held in Hangzhou Future Science and Know-how Metropolis.

That is the most important blockchain business summit ever held in Hangzhou. The convention invited over 100 home and overseas blockchain consultants and students, business leaders, technical consultants, opinion leaders, traders and well-known media to debate the most recent hotspots, utility landings and technological frontiers of blockchain. We hope that this leads the pattern of the blockchain business and empowers the event of the blockchain business.

In Hangzhou in July, this blockchain super-gathering introduced unprecedented blockchain enthusiasm to Hangzhou and likewise created many information miracles.

Company on the principle agenda – 130+
Keynote speeches on the principle agenda – 43
Panels on the principle agenda – 15
Variety of members in two days – 8,000+
Sponsor manufacturers – 60+
Variety of collaborating media – 63+
8BTC newsflash revealed – 113
8BTC article revealed – 73
Media companions newsflash revealed – 164+
Media companions articles revealed – 150+
Abroad media bulletins – 11+

Xinhua Information Company, Caixin, Caijing, Tencent Finance, Zhejiang TV and different media reported on-site, and the media inside and outdoors the business introduced that the full variety of views exceeded 25 million.

Views of the official dwell video of the summit – 400,000+
Views of the official dwell picture of the summit – 650,000+

The occasion has been supported by abroad crypto media Bitcoin Magazine, BTCManager, Coinspeaker, The Daily Hodl, Crypto Globe, The Capital, Bitcoin Insider and CoinPost.

Following are a few of the great views expressed by numerous company throughout the convention.

Sam Bankman-Fried (SBF), co-founder and CEO of FTX,

“One large factor that we’re seeing not simply in DeFi, however truly throughout all of crypto is establishments are beginning to become involved. And as we discuss to banks, mutual funds, pension funds and an entire host of economic establishments, we hear actually constant issues – which is that they weren’t beforehand concerned in crypto, [and] now they are going to be, even when they don’t know precisely how.”

Vitalik Buterin, founding father of Ethereum,

“So, at the moment, Rollups can scale as much as about 4,000 to five,000 transactions per second. If hypothetically the complete Ethereum ecosystem makes use of Rollups, and with information shards, we now have possibly 20 to 50 occasions more room – it will be potential for Rollups to go as much as 100,000 transactions per second, and sooner or later, much more than that.”

Jiang Xuxian, founding father of Peckshield,

“First, within the first half of 2021, the size of unregulated outbound property reached $28.3 billion. The current introduction of sturdy regulatory measures has steadily lowered the size. Second, the lack of main digital forex safety incidents reached $14.24 billion within the first half of this yr. The expansion fee of blackmail losses reached 2585%, in comparison with the identical interval final yr. Third, the foremost public chain DeFi purposes and protocols exploded, however DeFi safety incidents additionally accounted for 60% of hacking incidents. We additionally consider that safety has change into the foremost cornerstone of DeFi chain protocol to take care of ecological stability.”

Jin Ge, vp of Ant Group Clever Know-how Enterprise Group,

“With the appearance of large-scale industrial purposes, to really apply blockchain to eventualities to unravel buyer issues, a number of applied sciences have to be built-in. Each applied sciences on the backside of the large-scale community are wanted to enhance the effectivity of consensus – and applied sciences resembling privateness computing are wanted to unravel the deficiencies of blockchain in large-scale information joint modeling and information federation studying, and applied sciences much like AI and IOT are additionally wanted to unravel the connection between the bodily world and the digital world. Due to this fact, earlier than the arrival of large-scale industrial purposes, the mixing of a number of applied sciences to unravel enterprise issues is an inevitable growth pattern.”

Robert Leshner, founding father of Compound Finance,

“Within the subsequent few years, we’ll see numerous property that haven’t beforehand appeared on the blockchain are included into the blockchain. Actual-world currencies and real-world shares are the 2 finest examples. I feel these initiatives will push DeFi ahead and enhance the worth of DeFi with out counting on present crypto property resembling Bitcoin and Ethereum. In my view, this marks some extremely constructive adjustments in DeFi and can present large flexibility for this technique and the delivery of this technique.”

Amber, head of Dapper Labs in China,

“Initially, what I’m trying ahead to is the event of programmable artwork. The present programmable instruments available on the market have very restricted area, and there may be nonetheless room for exploration on this area. Secondly, I feel the last word type of crypto artwork sooner or later is what we broadly consider that’s recreation – video video games combine graphics, music, structure and sculpture and narration, and is mixed with distinctive guidelines and interactive expressions, which opens up the boundary between creators and viewers that’s in frequent with crypto artwork.”

Zhang Xiaojun, chief technique officer of Huawei Blockchain,

“Authorities companies, finance, medical care and manufacturing would be the mainstream marketplace for blockchain.”

Coder Dan, co-founder of Aavegotchi,

“Blockchain video games are very totally different from conventional video games. First, blockchain video games emphasize an open financial system, and totally different video games can work together with one another. Secondly, blockchain video games can monetize customers’ recreation time. Lastly, blockchain video games can present customers with Metaverse social networking and supply comfort for UGC.”

For speech movies, please go to here.

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