Web3 enthusiast and Wanxiang Blockchain Chairman Xiao Feng stated at the Hong Kong Web3 Carnival that the trustless nature of blockchain is at the core of business.


Open transparency leads to the problem of "data裸奔" (data裸奔) faced by financial and medical institutions, hindering direct business on the chain.
Who the hell wants to go on the chain with you? Who the hell from traditional finance and medical institutions wants to play with you?
Just enjoy your Web3 self-entertainment, don't drag other industries into it.
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