appropriate regulation.
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Promoting the Development of Web3: A Necessary Step for Hong Kong’s Financial System
According to reports, the Financial Secretary of Hong Kong, Chen Maobo, stated that promoting the development of the third generation internet (Web3) is necessary as long as it doe
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On April 12th, at the main venue of the “2023 Hong Kong Web3 Carnival”, the future of Web3 was discussed in detail. In his opening speech, the Financial Secretary of the Hong Kong Special Administrative Region Government, Chen Maobo, stated that the development of Web3 should be viewed from a historical perspective of technological change. Technological change leads to commercial innovation, and commercial behavior also drives better technological change. The Internet is a force of this type of change, and the rise of blockchain technology has let the internet enter the Web3 era.
On April 12th, at the main venue of the \”2023 Hong Kong Web3 Carnival\”, the Financial Secretary of the Hong Kong Special Administrative Region Government, Chen Maobo, stated in his