Member Wu Jiezhuang: Developing the digital Hong Kong dollar into a “stable currency” is also a good way to solve the security risk problem of Web3.0

It is reported that in recent years, blockchain technology has developed rapidly, and more and more countries and regions have begun to develop MetaUniverse and Web3.0 (the third generation Internet). In a recent interview, Wu Jiezhuang, a member of the CPPCC National Committee of the Hong Kong Special Administrative Region and a member of the Legislative Council of the Hong Kong Special Administrative Region, said that by building Hong Kong as an international innovation and technology center, it will help the country’s economic development to a new level.

Interpretation of this information:

The message highlights the increasing use and development of blockchain technology, MetaUniverse, and Web3.0 globally. The article further discusses the views of Wu Jiezhuang, a member of the CPPCC National Committee of the Hong Kong Special Administrative Region and a member of the Legislative Council of the Hong Kong Special Administrative Region. Wu believes that building Hong Kong as an international innovation and technology center will contribute to the country’s overall economic growth.

Blockchain technology is an innovative way of organizing and storing data in a digital ledger that is decentralized and secure. The technology has gained popularity globally and is being adopted by more countries as a means of efficient and secure data management. MetaUniverse, on the other hand, is a virtual world that runs on blockchain technology. It is a fully immersive experience that blurs the line between the physical and digital world, enabling users to interact with the environment in real-time. Finally, Web3.0 is the third generation of the internet, which is built on blockchain technology. It is designed to enhance the current internet by enabling decentralized applications that don’t require intermediaries.

Wu’s views on building Hong Kong as an international innovation and technology center are also critical to understand. Hong Kong is already a leading global financial center, but Wu believes that building an innovation and technology center would create new opportunities for the country’s growth. This would attract both local and foreign investors, leading to the creation of new jobs and increased economic activity.

In conclusion, blockchain technology, MetaUniverse, and Web3.0 are emerging technologies that continue to revolutionize how data is stored and managed globally. Wu’s views on building Hong Kong as an international innovation, and technology center are critical, especially considering Hong Kong’s existing position as a global financial center. By leveraging its position to embrace these new technologies, Hong Kong could create new opportunities and drive its economy to greater heights.