Xiao Feng's opening speech: Public chains will become the new generation of financial infrastructure, and the issuance of new assets can achieve value co creation

Foresight News reported on site that the "2025 Hong Kong Web3 Carnival" has officially opened in Hong Kong. Xiao Feng, Chairman of Wanxiang Blockchain and Chairman and CEO of HashKey Group, stated in his opening speech on "Public Chain: A New Generation of Financial Infrastructure" that "as a new financial infrastructure, public chains can change the currency creation process by programmable transaction settlement through smart contracts, while achieving disintermediation and transparency mechanisms. In the future, a new generation of programmable currency payment and settlement systems can be built through stablecoins, CBDC and other media. The new capital market and financing model created by new asset issuance can achieve value co creation