Hashkey Chair Innovation Blockchain says of the financial innovation of the upcoming industrial revolution.

Hashki Group The Chairman and CEO Xiao Feng started from 2025 Hong Kong Web3 Festival On Sunday with a major address highlights the transformational effect of Blockchain technology on global financial infrastructure.

Speaking to a crowd of people early in the Hong Kong Conference and Exhibition Center, Xiao described Blockchain as a “new generation of financial infrastructure” that mainly changes how to register and settle financial transactions.

The Industrial Revolution requires financial innovation

“Any industrial revolution must wait for a financial revolution,” Xiao told those present at the four -day event hosted by his company.

Xiao emphasized the historical similarities between technological and financial development: bank credit supported the British Industrial Revolution, and the stock markets enabled the electrical revolution in America, and feeding the investment capital of the information revolution in the Silicon Valley.

“The financing of the encrypted currency will become the main financial innovation that supports the fourth industrial revolution.”

The Executive Authority has highlighted the main differences between traditional and Blockchain, including the transformation from bank accounts to digital portfolios and the transition from payment settlement systems to completing immediate transactions.

Organizational changes and market development

Xiao pointed to the importance of the decision of the American Securities and Stock Exchange Committee not to classify supported Stablecoins in dollars as securities, indicating that this allows more institutions to participate in the construction of cash.

He also pointed to the main exchanges of stocks that move towards 23 -hour trading, compared to the Blockchain markets that work continuously.

“Traditional exchanges will eventually need to adapt to competition with cryptocurrency markets that have worked around the clock throughout the week from the first day,” Xiao predicted.

Hong Kong strategic role

The event includes many prominent organizers, including Paul Chan Mo Bo, the financial secretary of the Hong Kong Government; Joseph HL Chan, Minister of Financial Services and Treasury; Christina Choi, Executive Director of Securities Investment Products Futures commission; George Zhou, chief technology officer in the Hong Kong Cash Authority.

While China maintains the main righteousness of strict ban on cryptocurrencies, analysts view Hong Kong’s supportive position as a strategic test of technology capabilities. This approach effectively It creates organizational breathing space Blockchain innovations can develop under control conditions, which may teach future policies through the wider Chinese economy.

The Web3 Festival continues until Wednesday with industry paintings, demonstrations and communication events, which combines Blockchain developers, investors and technology lovers from all over the world.