On June 21st, the “Research Report on the Construction of the 2024 Shanghai WEB3.0 Innovation Ecosystem” was successfully released at an event held by the Shanghai Press Group. The event was guided by the Shanghai Municipal Science and Technology Commission and jointly released by the Liberation Daily and the School of Economics at Fudan University. Professor Ronghui Gu, a member of the International Technology Advisory Committee of the Monetary Authority of Singapore, a member of the Web3.0 Development Task Force in Hong Kong, and co-founder of CertiK, participated in the roundtable discussion as a representative of the industry, emphasizing the importance of technology trust and its associated security risks.
CertiK, as a leading global Web3.0 security organization, was honored to participate in the research work for this report. CertiK’s expertise and industry experience provided unique insights into the security and development of Web3.0. This event not only marked the release of the first Web3.0 industry report in Shanghai but also served as a deep discussion on the development of the next generation of the internet.
During the symposium, Professor Ronghui Gu pointed out that Web3.0 technology has created a new “technology trust” through blockchain, which will drive the internet into a new era that respects the creative rights of netizens. However, he also emphasized the security risks behind this trust. Professor Gu mentioned that code vulnerabilities in blockchain could be exploited by hackers, posing a threat to networks that contain a large amount of digital assets. Therefore, he called for research institutions and enterprises to strengthen the security technology research of Web3.0 in order to protect the growing digital assets.
Professor Ronghui Gu also specifically mentioned the concept of “Real-World Asset Tokenization” (RWA), which he believes is a key trend in the development of Web3.0. RWA refers to the trading and management of assets such as currency, bonds, trade finance, and energy on the blockchain through tokenization. The report also points out that in the next 5 to 10 years, with the active exploration of governments, regulatory agencies, and financial institutions, RWA will accelerate its integration with traditional finance and funding, forming a global network for asset tokenization.
CertiK is proud to have been able to participate in the research and release of this important report, and is confident in the potential and prospects of Shanghai in the development of Web3.0. As an international financial center, Shanghai has a solid foundation in technological reserves and practical experience in areas such as fintech, artificial intelligence, and cloud computing, which enables it to drive breakthroughs in Web3.0 technology and digital transformation of industries.
CertiK will continue to dedicate itself to security research and technological innovation in Web3.0, working closely with academia, industry, and government departments to build a safer, more open, and decentralized digital world. We look forward to joining hands with all parties to promote the security, health, and rapid development of Web3.0.
