Takeaways from 2021 Wanxiang Blockchain Summit

Wanxiang Blockchain
4 min readOct 28, 2021

Oct.27, the Seventh Global Blockchain Summit hosted by Wanxiang Blockchain Labs came to a successful conclusion. As a premium and influential blockchain event in Asia that has been held in seven years running, this two day event featured an astounding speaker list, including entrepreneurs, scholars, investors, etc. from the blockchain industry and other related industries.

Taking place from Oct.26–27, 2021 Wanxiang Blockchain Summit dug into the hotspots and shed lights on opportunities of the blockchain industry with 36 keynote speeches and panels.

Latest Development of Blockchain Technologies Building Infrastructure for Digital Transformation

Blockchain, dubbed as the “Trust Machine” by the Economist plays an important role in building the trusted infrastructure for the digital economy.

Global technical leaders in the blockchain industry, such as Vitalik Buterin, Ethereum Founder;and Wanxiang Blockchain Labs Chief Economist, Dominic Williams, President & Chief Scientist of Dfinity, Gavin Wood, Founder of Polkadot, Juan Benet, Founder of Protocol Labs, Whitefield Diffie, Senior Advisor of Discreet Labs, Jan Xie, Architect of Nervos Network, Anatoly Yakovenko, Co-founder of Solana, Illia Polosukhin, Co-founder of Near Protocol and Deng Chao, CEO of HashKey Capital Singapore and Managing Director and Head of Investments of HashKey Group, talked about the latest development of the blockchain technologies and shared their views on the trends and opportunities.

Metaverse: Application, Development and Investment

Metaverse mania is sweeping not only the blockchain industry but also many other fields like art, sport, game etc.

Professional speakers from various industries, such as Zou Chuanwei, Chief Economist of Wanxiang Blockchain, Jessica Wang, Vice-president of Vantone Holdings Co. Visiting Research Fellow at Tsinghua University Society and Finance Center, Qiu Zhijie, Dean and Professor at CAFA School of Experimental Art, Nova, Chairman at Managers’ Conference of Cthuwork, Chen Junhong, Founder&CEO of NeoCloud, DU Yu, Vice President of IEEE Computer Society Blockchain Committee and Yat SIU, Co-founder and executive chairman of Animoca Brands, shared their opinions on the emergence of NFT and digital assets as well as the mission, economics and the value of Metaverse.

Besides, Metaverse has also become the apple of investors’ eye. Tang Yi, Vice President of Qiming Venture Partners, Kendrick Nguyen,CEO and Co-founder of Republic, Harry Zhang, Co-Founder of Project Galaxy and Tory Xu, Principal Technical Evangelist, OCP at Microsoft China analyzed the challenges and opportunities of Metaverse from the perspective of investors.

Moreover, Nicolas Zhu, Global Marketing Head of Mixmarvel, Layne Lafrance, Dapper Labs Product Lead and Allison Sturges, Global Partnerships at Genies exchanged their thoughts on the technical support and infrastructure that are indispensable for the development of Metaverse and shared their successful stories of collaborating with famous brands like NBA, Gucci in NFT.

Value of Blockchain in Digital City and Industrial Internet

The role that blockchain plays in empowering the digital transformation of traditional industrial was put high on the agenda of the Seventh Global Blockchain Summit.

Vincent Y. Wang, Executive President of Wanxiang Blockchain, Steven Wong, Associate Professor, IC Cluster, Academic Programmes, Director, Centre for Digital Enablement, Director, Projects Office of the Deputy President (Academic) & Provost at Singapore Institute of Technology and Kok Poh June, Group Director (New Estates), JTC Corporation focused on exploring blockchain’s value in digtal city by taking the construction and management of Singapore’s PDD as an example.

Meanwhile, speakers from manufacturing and industrial background, including John Ren President and GM of Shanghai Xinwei Technology Development Co.,Ltd., Geng Xueyu, Deputy General Manager of Nanjing Xin Intelligent Chain, Li Hanjun, Senior engineer and director of Internet Solution Department at CAICT, Steve Foo, CEO and CFO of Molecular Data and Sherry Wang, General Manager of Yundi shared the use cases of blockchain in industrial scenarios and their opinions on how to better integrate blockchain with traditional industrial internet.

On top of that, Harry Behrens, Founder, President and CTO of bloXmove made demo about how bloXmove takes blockchain to empower smart mobility. In this solution, bloXmove takes PlatONE, a consortium blockchain featuring privacy computing developed by Wanxiang Blockchain and MatrixElements to build a trusted ID system and verification system for passengers.

In the closing remark, Dr. XIAO Feng Vice Chairman & Executive Director of China Wanxiang Holdings and Founder of Wanxiang Blockchain shared his views on the futures of the distributed business and technical infrastructure and the value of technologies like digital twin, digital native, etc. in the building of Metaverse.

Taking place in seven years running, Wanxiang Blockchain Summit has grown into one of the most influential blockchain feast in Asia. Under the theme of Digital Transformation, the Seventh Global Blockchain Summit hosted by Wanxiang Blockchain not only wrapped up the contributions blockchain companies and innovators have made to the digital transformation of our business, society and so on but also shed lights on the challenges and opportunities of the industry.

To keep up with changes and trend of the global blockchain industry and to be inspired by profession minds, we are looking forward to see you at the Wanxiang Blockchain Summit next year!

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Wanxiang Blockchain

Wanxiang Blockchain is dedicated to building an open platform and offering resources to develop blockchain and promote its application in different industries.