PANews reported on April 6 that at the Web3 Festival which opened today, Dr. Xiao Feng, Chairman and CEO of HashKey Group, delivered an opening speech entitled "Public Chain: A New Generation of Financial Infrastructure". He pointed out: "Based on blockchain, the financial market can establish a new governance system that enables large-scale global collaboration." In his view, the public chain will become the infrastructure of the future financial market system, providing open, transparent, decentralized and efficient technical support for the trading, clearing and settlement of global assets.

As a public chain independently developed by HashKey Group and launched for the global market, HashKey Chain is accelerating the construction of underlying capabilities in this context, continuously iterating around key modules such as asset issuance and clearing and settlement, focusing on the implementation of core financial application scenarios such as RWA, MMF, and stablecoins, and promoting the public chain to a new stage of compliance, institutionalization, and large-scale application.

At present, HashKey Chain has cooperated with traditional financial institutions such as China Pacific Insurance and Bosera Fund, supported the issuance of multiple financial assets on the chain, and verified the actual availability of the on-chain infrastructure. HashKey Chain will continue to promote the implementation of cooperation with more leading institutions, further expand the path of compliant assets on the chain through the release and iteration of technology and products, and strive to promote the deep integration of real-world assets and blockchain.