Flash News: OKG Technology Chairman Jeff Ren Outlines the Future of Web3 at Economist Impact's Technology for Change Asia 2024
The fourth annual Technology for Change Asia 2024 took place on
The panel discussed ways to build a more transparent, open and equal future with the use of Web3 technology. Jeff pointed out there are already tools built on blockchain, leveraging its properties for auditing, tracking and analysis, which provide effective regulatory and law enforcement capabilities. Blockchain technology can also be integrated with other technologies, such as AI, to verify the authenticity and origins of data, which can help reduce risks related to fake or biased data sources.
Jeff also shared that there are many other use cases in leveraging blockchain technology for public good and enhancing transparency, such as new organizational and incentive models like decentralized autonomous organizations (DAOs), alignment of interests in sustainability, contribution tracking and rewarding via blockchain. To promote mass adoption of blockchain technology, the key lays within what value the solutions create, as well as targeted solutions and education to promote broader understanding and responsible adoption.
Organized by Economist Impact, the summit was hosted by
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