Time slips away quietly in the peaceful days, and then it rushes like thunder when the whole city is celebrating the new year, reminding you: another year has passed!
Looking back at 2024, the blockchain industry continues to innovate and develop steadily. From the "Strategic Priorities for 2024-2026" released by the Hong Kong SAR Government at the beginning of the year, to the Hong Kong Monetary Authority's announcement of the launch of the "Sandbox" for stablecoin issuers, to the official listing of 6 crypto asset spot ETFs on the Hong Kong Stock Exchange, Hong Kong, as the vanguard of China's Web3, is moving towards the top of Web3 step by step.
At the same time, mainland China has made full use of Web3 technology and mechanism innovation, as well as Hong Kong's Web3 policy dividends, to give full play to its own accumulation of technical talents and industrial advantages. The Shanghai-Hong Kong Web3.0 Innovation Center, which aims to strengthen the Shanghai-Hong Kong mutual cooperation, has also been established in Shanghai; the application and exploration of RWA (Real World Assets) in various types of physical assets are also gradually unfolding. Through blockchain technology, physical assets are transformed into digital assets with efficient circulation, guiding global financial resources to flow to domestic real industries through compliant channels, thereby promoting high-quality and sustainable economic development and empowering the real industry.
On the other side of the ocean, the innovation and practice of the Web3 industry are also unstoppable. With the release of the election results of the new US president, expectations and confidence that he will relax regulatory policies and vigorously promote the development of the Web3 industry during his term in office are growing, which will also bring a new round of industry driving force.
At this important juncture of the changing times, Wanxiang Blockchain has built a bridge between the real and digital worlds with its precise business layout and in-depth industry collaboration. While continuously strengthening its own business territory, it is also leading many traditional companies to steadily enter the Web3 era.
In 2024, Wanxiang Blockchain, which has undergone integration and innovation, has formed an enterprise-level solution system with digital twins, digital native, and innovative energy as the three core pillars. Through the integrated application of blockchain and new-generation information technology, it provides customers with digital solutions in the fields of industrial chain and supply chain collaboration, Web3 project incubation and technology output, new energy, etc., and promotes the integrated development of the real economy and the digital economy with blockchain and new-generation information technology.
In 2024, Wanxiang Blockchain successively won the China Digital Finance Unicorn List, the 2024 Shanghai Software and Information Technology Service Industry High-Growth 100, the 2023 Hongkou District Top 100 Science and Technology Innovation and Growth Enterprises, the 2023 Hongkou District Key Enterprise Contribution Award, Zhangjiang Star Growth Enterprise, 2024 "Digital Communication Chain Valley" Cup Sixth Yangtze River Delta Blockchain Application Innovation Competition Innovation Project Award Second Prize, 2024 Top 10 Industrial Blockchain Enterprises, 2024 Global Digital Trade Innovation Competition Blockchain and Digital Finance Track Gold Award, 2024 Global Digital Trade Innovation Competition Innovation Value Enterprise (Team), "China Supply Chain Finance Yearbook (2023)" and many other honors.
Digital Twin
At the beginning of 2024, a series of blockchain national standards, including "Technical Guidelines for Blockchain and Distributed Ledger Technology Application Interface Middleware", "General Service Guidelines for Blockchain and Distributed Ledger Technology Evidence Storage", "Technical Specifications for Blockchain and Distributed Ledger Technology Smart Contract Lifecycle Management", "Blockchain and Distributed Ledger Technology System Testing Specifications", and "Blockchain and Distributed Ledger Technology Terminology", in which Wanxiang Blockchain participated as the main drafting unit, were officially released on the National Standard Information Public Service Platform . This not only marks an important progress in China's blockchain technology standardization construction, but also an important proof that Wanxiang Blockchain supports the real economy through technology and lays a solid foundation for the development of the industry.
Looking back on the past year, in the vast world of digital finance, Wanxiang Blockchain, with the Wanna Multi-Chain Platform as the trusted digital foundation of enterprise-level solutions, is gradually weaving a smart network covering the industrial chain, supply chain and financial services.
In terms of supply chain management , the Wanxiang Group Supply Chain Information Service System jointly built by Wanxiang Financial Company and Wanxiang Blockchain has completed a direct system connection with the Zhejiang Branch of the Bank of China, bringing more convenient, efficient and secure payment settlement and financial service experience to upstream and downstream enterprises in the industrial chain; under the guidance of the collaborative optimization strategy , Wanxiang Blockchain Supply Chain has created a standardized, efficient, integrated and intelligent online procurement mall for Wanxiang Qianchao Supply Chain, which effectively reduces costs and increases efficiency in the procurement process, while further optimizing the company's centralized procurement management and control system, making the entire procurement process more transparent and risk-controllable, forming a supply chain competitive advantage; at the forefront of business innovation of financial institutions , Wanxiang Blockchain uses Wanna Multi-Chain as a trusted digital foundation to open up new digital financial fields such as factoring and discounting for many banks, creating a financing amount of more than 10 billion yuan, benefiting hundreds of financial institutions and core enterprises, and accurately directing "financial living water" to tens of thousands of small and medium-sized enterprises, effectively using the power of technology to help the development of the real economy.
In addition to the exploration of technical standardization and the implementation of application practices, Wanxiang Blockchain also actively exerted its appeal as an industry pioneer. In November 2024, it jointly launched the "Initiative to Accelerate the Application and Innovative Development of Blockchain Technology in Shanghai's Business Field" with 12 units, calling on all types of market-oriented entities to make full use of Shanghai's urban blockchain infrastructure and actively build international cooperation and domestic exchange networks for blockchain technology in the business field. The release of the "Initiative" is like sowing the seeds of hope in the fertile soil of financial innovation, leading and accelerating its widespread application and sustainable development, and opening a new chapter in the digital economy.
Innovation and Energy
After crossing the glorious chapter of digital finance, let us take a look at the brilliant new picture painted by Wanxiang Blockchain with its outstanding innovation in the field of energy and blockchain integrated applications!
Since adjusting its strategic direction, Wanxiang Blockchain has focused on cutting-edge application scenarios such as "source, grid, load and storage" and "mobility intelligent control". With its deep insights into the clean energy industry, it has paved a broad and solid road for the digitalization of diversified clean energy assets, greatly expanding its application boundaries and value space.
It is particularly worth mentioning that Wanxiang Blockchain's distributed energy asset management platform has achieved remarkable success in 2024, successfully connecting to a total of more than 100 megawatts of photovoltaic assets and tens of megawatts of energy storage assets! This milestone breakthrough demonstrates its profound foundation and forward-looking vision in the field of energy asset management.
The platform has built a highly secure and scalable energy management architecture by deeply integrating blockchain technology and AIoT cloud-edge-end integration technology, realizing the trusted chaining of distributed energy asset data and the unified and efficient monitoring of multiple assets. This innovative practice not only ensures the authenticity and immutability of data, but also provides a full range of intelligent management solutions for the sustainable development of the green energy industry, leading energy digitalization towards a more efficient, transparent and trustworthy future.
Digital Native
Looking back at 2024, Wanxiang Blockchain has made remarkable achievements in the field of Web3. Through a series of high-quality activities, it has not only consolidated its leading position in the blockchain industry, but also injected strong momentum into the development of global Web3. Among them, the 2024 Hong Kong Web3 Carnival, as the highlight of the year, has become the focus of the industry with its huge scale and far-reaching influence. The 2024 Hong Kong Web3 Carnival was held at the Hong Kong Convention and Exhibition Center from April 6 to 9. The event lasted for 4 days. The main venue of the Convention and Exhibition Center held 29 theme events. More than 400 industry leaders such as Ethereum co-founder Vitalik Buterin and ARK Invest CEO and CIO Cathie Wood served as guest speakers. During the 4-day event, more than 130 popular exhibitors and more than 200 well-known Web3 projects provided strong support, demonstrating the professionalism and industry nature of the event. The event attracted more than 30,000 offline participants and more than 150 peripheral activities. These figures are not only the best proof of the success of the event, but also a direct reflection of Wanxiang Blockchain's influence in the field of Web3.
In the same year, Wanxiang Blockchain Lab successfully held the 10th Blockchain Global Summit at Shanghai Innovation and Creative Design Institute, with the theme of "Technology for the Future", which once again brought together global industry leaders, experts and scholars and many sponsors. The summit not only reviewed the brilliant achievements of the past decade and looked forward to the infinite possibilities of blockchain technology in the future, but also focused on the application and challenges of blockchain technology in the fields of energy, finance, security, etc. through a number of in-depth discussions and roundtable dialogues.
In addition, Wanxiang Blockchain has demonstrated a far-reaching layout and forward-looking vision in the development of the national blockchain ecosystem and the cooperation between Shanghai and Hong Kong: it not only participates in industry and academic activities to preach, share the latest developments and wide applications of blockchain technology, and actively calls on traditional enterprises to explore innovative development paths, but also joins hands with Qianji Technology at the end of the year to jointly establish the Shanghai-Hong Kong Web3.0 Innovation Center. The establishment of this center is like a solid bridge, connecting enterprises across the Taiwan Strait and Hong Kong with the vast world of the Web3 world, and is committed to building a convenient channel for enterprises to enter the Web3 era.
The New Year's bell is about to ring, and the progress of Web3 is accelerating! The 2025 Hong Kong Web3 Carnival will also be held at 5BCDE, Hong Kong Convention and Exhibition Center from April 6 to 9. You can visit the official website of the 2025 Hong Kong Web3 Carnival for details. Let's meet at the 2025 Hong Kong Web3 Carnival and continue to witness the infinite brilliance of blockchain technology in the new era!
