HashKey Group Dr. Shao Feng: The starting point of the second growth curve, the Web3 industry will transition from digital original to digital twin

At the HashKey Exchange "New Horizons Fourth Period Salon" held today in Hong Kong, Dr. Shao Feng, Chairman and CEO of HashKey Group, delivered a keynote speech, sharing his profound insights into the evolution trends of the virtual asset industry.

He pointed out that the virtual asset industry has entered the second growth curve stage, and the industry focus is shifting from "digital original" represented by Bitcoin to "digital twin" represented by stablecoins and asset tokenization.

"Digital twin is the greatest innovation of the distributed ledger, and stablecoins and asset tokenization are the most representative forms." He stated that stablecoins are essentially the tokenization of currency, possessing both legal and technical attributes, and are the "most optimal currency" created so far, and will become an important component of the future global financial system. In this process, compliant exchanges like HashKey Exchange, with regulatory compliance, asset custody, clearing and settlement, etc., are naturally suited to the implementation of digital twin business, and will become the hub of global virtual assets.