OKX President Hong: From trust intermediaries to self hosting, OKX pioneered the MPC keyless wallet and actively builds future tools

According to reports, OKX President Hong attended the Web3 Hong Kong Carnival Summit and delivered a keynote speech on “From Trust Intermediary to Self Hosting”. She pointed out that the global financial environment is changing. People are transitioning from trusting financial intermediary to the era of self custody. As a world leading technology company, OKX is building future tools based on Web3 technology.

OKX President Hong: From trust intermediaries to self hosting, OKX pioneered the MPC keyless wallet and actively builds future tools

I. Introduction
– Explanation of OKX and its President Hong
– Brief discussion of the speech delivered by Hong at the Web3 Hong Kong Carnival Summit
II. The Changing Financial Environment
– Discussion of the shift from trusting financial intermediaries to the era of self custody
– Explanation of how this shift impacts global finance
III. Self Hosting and Web3 Technology
– Discussion of self hosting and its connection to Web3 technology
– Overview of OKX’s work in building future tools based on Web3 technology
IV. OKX’s Role as a World Leading Technology Company
– Explanation of OKX’s position as a leading technology company
– Review of the company’s recent achievements
V. The Future of Finance
– Explanation of the role of technology in the future of finance
– Forecast of the future of finance with the emergence of self hosting and Web3 technology
VI. Conclusion
– Recap of the key points discussed in the article
– Final thoughts on the importance of OKX’s role in shaping the future of finance
VII. FAQs
– How does self hosting differ from traditional financial intermediaries?
– What are some examples of future tools that OKX is developing based on Web3 technology?
– What should individuals and companies do to prepare for the transition towards self custody?
# From Trust Intermediary to Self Hosting: The Future of Finance with OKX
In recent years, the financial industry has undergone numerous changes due to the rise of new technologies. With the increasing prevalence of blockchain technology and the emergence of self hosting, individuals and companies are transitioning away from trusting financial intermediaries and towards the era of self custody. OKX, as a world leading technology company, is building future tools based on Web3 technology to support this transition.
According to reports, OKX President Hong recently attended the Web3 Hong Kong Carnival Summit and delivered a keynote speech on “From Trust Intermediary to Self Hosting”. In her speech, she pointed out how the global financial environment is changing, and how people are moving towards self custody as opposed to relying on financial intermediaries.
The shift from trusting financial intermediaries to the era of self custody is a significant indicator of the changing financial environment. In the past, individuals and companies had to rely on financial intermediaries such as banks, brokers or investment firms to manage their assets and finances. However, with the emergence of self hosting and blockchain technology, people are able to manage their finances independently. This shift also impacts global finance, as it may lead to a more decentralized and democratized financial system.
Self hosting is closely tied to Web3 technology, which refers to the third generation of the internet that emphasizes decentralized and peer-to-peer interactions. OKX is building future tools based on Web3 technology to support this transition, such as decentralized finance (DeFi) applications built on the blockchain.
OKX’s role as a world leading technology company is key to driving innovation in the financial industry. The company has made significant strides in recent years, such as launching OKB, its own cryptocurrency token, and developing groundbreaking blockchain-based technologies. As more companies and individuals adopt self hosting practices, OKX’s position as a leading technology company will become increasingly important.
The future of finance will undoubtedly be shaped by technology, and the emergence of self hosting and Web3 technology will play a significant role in this evolution. As people and companies move towards a more decentralized and democratized financial system, the importance of companies like OKX will become more evident.
In conclusion, the shift from trusting financial intermediaries to the era of self custody is a major development in the financial industry. With the help of Web3 technology and forward-thinking companies like OKX, the future of finance will be more decentralized, democratic, and self-reliant.

FAQs

How does self hosting differ from traditional financial intermediaries?

Traditional financial intermediaries such as banks, brokers or investment firms manage the assets and finances of individuals and companies on their behalf. In contrast, self hosting allows individuals and companies to manage their finances independently, without the need for intermediaries.

What are some examples of future tools that OKX is developing based on Web3 technology?

OKX is building future tools based on Web3 technology such as decentralized finance (DeFi) applications built on the blockchain. These DeFi applications are designed to be decentralized, transparent, and accessible to everyone.

What should individuals and companies do to prepare for the transition towards self custody?

Individuals and companies should educate themselves about self hosting and its benefits, as well as the risks and challenges involved. They should also explore the various technologies and tools available for self custody, and work with trusted service providers to ensure their financial security.