Hong Kong CFA Aggregated Ecological Chain Takes the Lead in Web3.0

Hong Kong has long been a window for China to open up its economy, trade, and finance to the outside world. It is the financial and technological center of Asia. With the popularization of domestic Internet mobile payment and blockchain application technology, in order to better use the new era of Internet Financial innovation tools and promote the transformation and upgrading of national digital economy industrialization.

  In April 2020, the country also launched Digital renminbi (DCEP), which opened Digital renminbi wallet recharging and digital currency mobile payment functions in mobile payment APP terminals of multiple mobile applications. Pilot testing in multiple cities in China. Promote the internationalization of Digital renminbi circulation in line with the world's digital economy, and enhance the financial dominance of RMB in international trade settlement.

The continuous development of blockchain technology and digital currency is also attracting the attention of government regulatory agencies. The Hong Kong Securities Regulatory Commission recently announced that since June 1, all Hong Kong financial institutions have actively promoted digital crypto asset business to investors, and retail investors have officially legalized Cryptocurrency trading in Hong Kong. The Hong Kong Cryptographic New Deal also established the WBE3 Digital City Industrial Base with a clear government investment of HKD 50 million, and multiple domestic and international organizations jointly established the WBE3 Association. And launched the digital Stablecoin of Hong Kong dollar. Hong Kong will soon become the world's largest digital financial Metaverse capital of assets based on the wbe3 technology industry. It is also an ideal place to attract more start-ups in the operation and maintenance blockchain Cryptocurrency related fields to Hong Kong to carry out business. Under the guidance of the new regulations and policies of the Hong Kong Securities Regulatory Commission, apply for an operating license to accept the supervision of the Hong Kong government, and carry out financial entity businesses such as digital currency exchanges in compliance and legality. The liberalization of virtual asset trading and other businesses in Hong Kong also marks the arrival of the era of universal popularization of encrypted digital assets.

This year, ChtaGPT artificial intelligence (AI) robots continue to be popular. Driving the AI industry into a stage of rapid development, the application scenarios of artificial intelligence have expanded from hardware to software, services, and platform systems, and their applications in industries such as industry, agriculture, and healthcare are constantly deepening. Through real-time interaction between data flow and control flow, efficient collaboration between humans and machines, as well as between humans and objects, is achieved, and production efficiency and product quality are further improved through human-machine collaboration. The interactive integration of artificial intelligence (AI) and blockchain technology. Enable two technologies to work together and generate additional value.

Artificial intelligence can leverage blockchain technology to enhance its credibility and security. The data stored on the blockchain is immutable and can be identified and predicted by applying artificial intelligence technology for data analysis on the blockchain.

Blockchain technology can provide reliable data storage and exchange methods for artificial intelligence to improve its accuracy and efficiency. The data stored on the blockchain can be used as training data for artificial intelligence algorithms, thereby helping to improve the accuracy of artificial intelligence.

Against the backdrop of national efforts to promote technological innovation and industrial transformation and upgrading. The Hong Kong Web3 Association actively responds to national policies and has established the CFA Ecological Foundation based on industries under the Greater Bay Area Business Promotion Association. Incubated innovative technology industries such as AI artificial intelligence, cloud data computing power storage, and VR. MR head display blockchain game technology development.

At present, the CFA Foundation has invested and laid out the AI artificial intelligence data annotation leading industry using Web3.0 underlying technology both domestically and internationally. AI intelligent spot trading system, AI virtual digital live streaming, Web3.0 wallet, NFT digital assets, blockchain games, CFA digital asset exchange, CFA ecological chain and other digital finance industries.

The CFA ecological chain is the first ecological sub chain of the leading domestic strategic reserve chain CFX tree public chain. Relying on the technology of Shanghai Shutu Blockchain Research Institute, the Blockchain Professional Committee of China Communications Industry Association directly under the Ministry of Industry and Information Technology of the People's Republic of China takes serving the enterprise chain transformation plan as the national strategic mission. Guide online enterprises to connect API interfaces and DAPP, and popularize professional knowledge of the new generation Internet blockchain+wbe3.0 industry skills. Take the lead in the Metaverse polymerization ecological chain co incubated by the Hong Kong CFA Foundation.

The CFA digital token will circulate throughout the entire ecological industry. Through blockchain traceability technology and AI data recognition technology, industrial products can achieve secure traceability in the circulation on the chain, improve the transparency and competitiveness of the industrial chain. Cooperate with the virtual asset development policy declaration released by Hong Kong. Helping Hong Kong to build a capital of Metaverse assets. To lay a solid foundation for the internationalization of domestic public chain technology and the large-scale implementation and development of wbe3.0 industrial ecological applications.