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HashKey Releases Dr. Xiao Feng's New Year's Message to Commemorate Non-fungible Tokens, Looking Forward to Top 10 Industry Trends for 2024
Dr. Xiao Feng, Chairman of HashKey Group, released his 2024 New Year message, discussing the top 10 industry trends in 2024 from the first principles of Blockchain.
Full text of New Year’s message:
2024 First Principles Look at Blockchain. Blockchain First Principles: An open, transparent global public ledger.
Ledger 1.0: First appeared in 3500 BC, Sumerian clay tablets for single-entry bookkeeping;
Ledger 2.0: First appeared in 1300 A.D., in the northern Italian Mediterranean city-state of double-entry bookkeeping;
Ledger 3.0: 2009 AD, distributed ledger in the digital world;
Every iteration of the bookkeeping method is adapting to social and economic changes.
Blockchain industry trends in 2024 based on Blockchain first principles:
one
Ethereum continues to lead the way in Blockchain technology innovation
No one can match it
II
Blockchain’s L2 technology is maturing
Support the explosion of applications with specific scenarios and real value
Three
Cryptoeconomics has entered the classroom and become a prominent science
The Token economic model emerges
Supporting the real economy and supporting scientific and technological innovation
Great real value
Four
Bitcoin ecological development
Only by following the basic characteristics of Bitcoin can it be successful
Lighting Network’s Fiat CurrencyStable Coin payment clearing system
It’s worth the wait
V
THE SILKY COMBINATION OF AI AND WEB3
Establish Algorithm, Computing Power, and calculations through Blockchain
Large-scale stranger collaboration networks
As well as with DLT
Registration, issuance, exchange, trading
“Boundless, borderless AGI intellectual property”
Six
Blockchain is a developer-driven network
Rather than consumer-driven (Ford says: if you ask a customer, he’ll say a faster wagon is needed)
The major Blockchain networks compete, and the developers are talented
Seven
The underlying logic of this Bitcoin rally
Developed economies in Europe and the United States fight inflation
Driven by safe-haven demand amid geopolitical turmoil
All other factors are marginal effects
Eight
The global wave of digital nomads is set to rise
Countries scramble to launch “digital nomad visas”
In the competition for global science and technology innovation hubs
Digital nomads get the future
Nine
DePIN: Bridging the real and virtual worlds
Connect off-chain with on-chain
Ten
DLT-based distributed business application model
Emerge at the L3 and L4 layers of the Blockchain
The 2024 DLT will transition from the infrastructure construction stage to the commercial application implementation stage. Reality goes virtual! Virtual Fusion Reality!
Good luck to all of you in 2024!