Ma Zhitao, WeBank: Three possible directions for the deep integration of the digital world and the physical world

It is reported that on February 24, Ma Zhitao, Vice President and Chief Information Officer of WeBank, said at the “2022 Industrial Blockchain Annual Summit and FISCO BCOS Fifth Anniversary Ecological Conference” that the industry still faces realistic bottlenecks in the deep integration of the digital world and the physical world. The metauniverse platform based on blockchain technology can integrate the scattered digital applications of various industries from “point” to “face”, providing a basis for more comprehensive digitalization.

Interpretation of this information:

The message reports on the comments made by Ma Zhitao, Vice President and Chief Information Officer of WeBank, during the “2022 Industrial Blockchain Annual Summit and FISCO BCOS Fifth Anniversary Ecological Conference.” Zhitao highlighted that the integration of the digital world and the physical world still faces realistic bottlenecks in the industry. To solve this issue, he suggested the use of a metauniverse platform based on blockchain technology. This platform is capable of integrating the scattered digital applications of various industries from “point” to “face,” providing a strong foundation for more comprehensive digitalization.

The challenges of integrating the digital world and the physical world have long been a concern for many industries, including finance, healthcare, and supply chain management. Although significant progress has been made in digitizing processes and data, the seamless integration of the digital and physical domains remains a complex undertaking. Ma Zhitao believes that the metauniverse platform has the potential to revolutionize the way we integrate the digital and physical worlds. The unique capabilities of blockchain technology, such as its inherent security, transparency, and immutability, make it an ideal candidate for this task.

The decentralized nature of blockchain technology enables the creation of a metauniverse platform that can connect various digital applications across different industries. By doing so, this platform can help create a comprehensive digital eco-system that brings together diverse data sources and applications. This integration will be crucial in catalyzing innovation and driving growth in the digital economy. Furthermore, the security features of blockchain technology will ensure that sensitive data remains protected throughout the process.

In conclusion, Ma Zhitao’s commentary on the metauniverse platform based on blockchain technology provides hope that the challenge of integrating the digital and physical worlds can be overcome. With the proper implementation of such platforms, we can enhance the efficiency and effectiveness of current systems, promote transparency and accountability, and drive innovation and growth. The keywords that can summarize this message are: metauniverse platform, blockchain technology, and comprehensive digitalization.