On August 28th, the theme event "How Stablecoins and Reliable Tokens (RWAs) Can Leverage the Trillion-Dollar New Market" and the signing ceremony for the strategic cooperation between Wanxiang Blockchain, HashKey Group and a third party concluded successfully at Exchange Square in Central, Hong Kong. Dr. Xiao Feng, Chairman of Wanxiang Blockchain and HashKey Group, attended the event and delivered a concluding speech. He also engaged in in-depth discussions with numerous industry experts and corporate representatives, discussing the development opportunities in cutting-edge fields such as stablecoins, RWAs, and enterprise-level blockchain.
At the meeting, Wanxiang Blockchain, HashKey Group, Anzheng Compliance Group, BlockbeatHK, Boya Zhenglian, Bubi Technology, Dinglian Digital, QuChain Technology, Blue Elephant Intelligent Connection, Molian Technology, Huamin Data, Yunxiang Network, and Zhilian Linghang (in alphabetical order), a total of 11 leading companies with rich industrial resources, signed a strategic cooperation agreement. They will work together to promote the construction of enterprise-level blockchain cross-chain interoperability systems and help more companies transform and expand overseas and develop global layouts.
Keynote Speech
Insight into trends and tap into industry growth potential
Wanxiang Blockchain General Manager Chen Bin delivered a keynote speech titled "New Opportunities Brought by the Development of RWAs and Stablecoins to the Industry." He discussed various perspectives, including global regulatory trends, industry development stages, market size, and development opportunities. He noted that RWAs and stablecoins are accelerating the integration of the real economy and the blockchain ecosystem, becoming the core engine driving the digital asset industry toward trillion-dollar scale and providing a new interface for global liquidity for traditional assets. The next three to five years will be a critical window for industry development. The deep integration of blockchain technology and real-world assets will reshape the business landscape across multiple industries and open up new avenues for development.
Li Chen, CEO of the HashKey Chain Business Group, reviewed the significant progress made in the two years since the "Great Voyage" initiative and systematically introduced the technical architecture and ecosystem development of HashKey Chain. He stated that HashKey Chain, built on Ethereum's Layer 2, balances high efficiency and low costs with the compliance requirements of financial institutions, supporting asset recovery and anti-money laundering mechanisms. It can provide institutions with a trusted infrastructure that meets global regulatory requirements and promotes the value interconnection between the digital and real economies.
Roundtable Dialogue
Focus on pain points and explore ways to break through development
In the subsequent roundtable discussion, moderated by Du Yu, Executive Director of Wanxiang Blockchain and Head of Wanxiang Blockchain Lab, the panel engaged in an in-depth discussion on the "Challenges and Opportunities of Enterprise Blockchain" with Mao Renxin, Chief Data Scientist of Blue Elephant Intelligence, Cao Heng, CEO of BlockbeatHK, and Huang Butian, Founder and Chairman of Yunxiang Network. The panelists shared a wealth of practical cases and unanimously agreed that cross-chain connectivity between consortium and public blockchains is becoming critical infrastructure connecting traditional finance with the Web3 ecosystem and promoting asset digitization and international circulation. They also noted that Hong Kong's clear regulatory framework can support global digital asset circulation and financial innovation.
The second roundtable discussion focused on "New Models for Enterprise Development Bringing from Web3." Moderated by Kathy, Director of Cryptography as a Service (CaaS) at HashKey Group, the panel included Chen Xiaofeng, Chief Researcher at QuChain Technology, Deng Jiali, Business Development Director at Bubi International, and Xu Gang, General Manager of Molink Technology. They provided insights on data assetization, its compliance, and security, and explored innovative business models for enterprises. They argued that while blockchain is gradually transforming the way traditional assets are circulated, data, as a new production factor, faces key challenges in its cross-border flow and multi-party collaboration, including unclear ownership, difficulty in cross-chain interoperability, and a need for a sound regulatory framework.
Strategic signing
Aggregate strength to jointly promote high-quality development of the industry
At the event, Du Yu, Executive Director of Wanxiang Blockchain and Head of Wanxiang Blockchain Lab, officially launched the HashKey Group and Wanxiang Blockchain Partnership Program. He stated that the program aims to facilitate cross-chain connectivity between enterprise-level blockchains and the global industrial ecosystem, promoting the deep integration of the blockchain ecosystem with the real economy.
At the signing ceremony that followed, Wanxiang Blockchain General Manager Chen Bin and HashKey On-Chain Business Group CEO Li Chen took the stage together and signed a strategic cooperation agreement with representatives of 11 companies, including Anzheng Compliance Group, BlockbeatHK, Boya Zhenglian, Bubi Technology, Dinglian Digital Technology, QuChain Technology, Blue Elephant Intelligence, Molink Technology, Huamin Data, Yunxiang Network, and Zhilian Linghang (in alphabetical order).
At the end of the event, Dr. Xiao Feng, Chairman of Wanxiang Blockchain and Hashkey Group, delivered a concluding speech. He stated that the strategic partnerships reached with 11 industry leaders aim to build a new ecosystem that connects the two regions. Wanxiang Blockchain and HashKey Group will leverage their technical capabilities and ecosystem resources, combined with their partners' industry networks, to jointly explore compliance pathways, focusing on promoting the development of cross-chain bridging infrastructure. This will help mainland Chinese assets securely and compliantly access the global market, paving the way for a critical window of industry development over the next three to five years. Through active communication with regulators and a step-by-step implementation strategy, they will steadily advance project implementation and truly tap into trillion-yuan market opportunities.
Working together
About 11 strategic partners
Anzheng Compliance Group
Shenzhen Anzheng Compliance Management (Group) Co., Ltd. ("Anzheng Compliance Group") is a leading third-party cybersecurity compliance service provider in China. Its subsidiaries include law firms, judicial appraisal institutes, cybersecurity testing agencies, data security companies, and blockchain technology companies. The company holds over 60 prestigious qualifications, holds over 170 pieces of proprietary intellectual property rights, and has participated in the development of over 30 national and industry standards.
The group's institutions have served clients such as the Liaison Office of the Central People's Government in the Hong Kong Special Administrative Region, China Merchants Group, Hong Kong Lixin, Hong Kong Lenovo, Tencent, Huawei, China Resources, Dah Hing Bank, Yushang Bank, and Kasikorn Bank. They can provide policy decoding, cross-border risk control, judicial appraisal, rapid compliance filing and other services to help companies expand into the Chinese market, meet cross-border compliance needs, and safeguard the steady development of digitalization.
BlockbeatHK
BlockbeatHK, a Hong Kong-based, global provider of comprehensive Web 3.0 solutions, is dedicated to helping businesses rapidly embrace the Web 3.0 ecosystem through cutting-edge technologies like blockchain. Since 2017, BlockbeatHK's core team has been a core open-source contributor to the globally renowned Cosmos ecosystem. With a mature and comprehensive technology stack, BlockbeatHK supports the development and product innovation of distributed application ecosystems built on mainstream public blockchains, encompassing areas such as underlying protocols, chain building, wallets, and node services. BlockbeatHK provides key technical support for partner institutions building digital asset service capabilities and offers one-stop RWA solutions and stablecoin development services. BlockbeatHK also operates multiple products, including the multi-chain cross-chain API service platform (AVATA), a Web 3.0 payment platform and wallet service (SPARK), enabling distributed applications to efficiently access and utilize public blockchain services, and provides compliant digital asset custody and trust services.
Boyaa Straight Chain
Boyaa Zhenglian (Beijing) Technology Co., Ltd., a leader in blockchain technology innovation, is deeply engaged in independent technology research and development and building a global ecosystem. The company's core product, the consortium blockchain platform RegChain, integrates smart contracts in the DSL (digital services) space to build a secure and controllable distributed trust infrastructure, providing a full-stack solution covering asset ownership confirmation, trusted evidence storage, and cross-domain circulation. Based in Hong Kong's emerging digital asset ecosystem, Boyaa Zhenglian, with blockchain technology at its core, facilitates the efficient connection between physical assets and the digital economy, providing a compliant and intelligent technical foundation for RWA scenarios such as new energy and trade finance, and promoting the digital transformation of global assets and the circulation of value.
Bubi Technology
Founded in 2015, Bubi Technology is a leading provider of integrated blockchain data infrastructure and industrial applications services, and a nationally recognized "Little Giant" enterprise. Bubi Technology is a core node builder and ecosystem partner for the Spark Chain Network, a national blockchain data infrastructure initiative. Focusing on node construction and business operations, Bubi Technology serves the fields of digital infrastructure, data elements, digital transformation, industrial-financial collaboration, and cross-border trusted credentials. Bubi Technology possesses fully independent and controllable core technologies in blockchain, privacy-preserving computing, smart contracts, and data elements, and has been granted over 140 invention patents and over 110 software copyrights.
Dinglian Digital Technology
Dinglian Digital Technology is a provider of data security products. It offers cryptography, blockchain, privacy computing, data space, and other products and integrated solutions for industries such as government, public security, healthcare, education, and energy, ensuring the secure flow of data. Its independently developed blockchain cryptography node machine received the nation's first "Blockchain Cryptography Module" certificate from the National Cryptography Administration. The company has won numerous honors, including First Prize in the Digital China Innovation Competition, Shenzhen's Top 50 Future Industry Leaders, Top 50 High-Growth Enterprises in the Greater Bay Area, and Top 50 Industrial Blockchain Enterprises. It has also been recognized as a specialized, specialized, and innovative small and medium-sized enterprise. The company has spearheaded and participated in the development of several industry and national standards, including the "Blockchain Cryptography Usage Guide."
FunChain Technology
QuChain Technology is a leading international blockchain and data technology service provider, dedicated to providing secure, reliable, and intelligent solutions for various industries. As China's first blockchain unicorn, QuChain's products have been deployed in over 200 key areas, including smart cities, digital finance, digital rule of law, energy and carbon emissions reduction, and healthcare, digital healthcare, and intelligent insurance. QuChain serves over 300 national institutions and leading enterprises, supporting businesses worth trillions of RMB and serving hundreds of millions of people nationwide.
QuChain Technology holds a key voice in the global blockchain standards landscape. To date, QuChain has spearheaded and participated in the development of over 80 international standards, 20 Chinese national standards, and over 100 industry standards. The company has applied for nearly 1,000 technology-related patents and 200 software copyrights, establishing a strategic leadership position in core technology innovation and regulatory framework development across blockchain, privacy-preserving computing, artificial intelligence, and secure digital infrastructure.
Blue Elephant Smart Connection
Blue Elephant Intelligence is a leading privacy-focused computing and data element operation service provider in China. The company has built a data infrastructure that integrates privacy-focused computing and blockchain technologies, providing full-stack technical support for the secure circulation of data and the unlocking of its value. According to an IDC report, the company has ranked among the top two in the privacy computing market for two consecutive years, reaching over 60% of leading financial institutions and serving over 200 leading clients, including government, enterprises, and carriers. Through innovative initiatives such as "Fireworks Loan" and the "Anti-Fraud Alliance," the company has implemented numerous benchmark applications in core scenarios such as financial risk control, precision marketing, and anti-fraud, establishing a new paradigm for secure and efficient cross-industry data collaboration.
Molink Technology
Molink Technology is a technology company focused on integrating IoT and blockchain technologies. Leveraging its extensive IoT industry expertise, it has developed BoAT (Blockchain of AIThings), a blockchain application framework hosted on IoT device platforms. This framework empowers IoT device manufacturers to quickly and reliably upload data to the blockchain, providing solid support for the ownership and monetization of physical RWAs. Molink Technology, along with wireless module manufacturers, has jointly launched a blockchain module alliance to empower hundreds of millions of IoT devices to become the trusted digital foundation for the trillion-dollar IoT data market.
Huamin Data
Huamin Data focuses on digital technology and digital asset services. Leveraging its extensive industry resources, it has built a cutting-edge technology matrix centered around blockchain, big data, and artificial intelligence. Adhering to the philosophy of "technology-driven, data-enabled," the company is deeply engaged in three key areas: digital technology research and development, data value mining, and full-lifecycle management of digital assets. Huamin Data provides clients with customized, secure, efficient, and intelligent digital solutions. Its RWA-Chain platform provides a one-stop solution for bringing real-world assets onto the blockchain.
Yunxiang Network
Founded in 2014 and headquartered in Hangzhou, Yunxiang has branches in Beijing, Shanghai, Guangzhou, Chongqing, Xi'an, Shenzhen and Hong Kong. It is one of the earliest teams in China engaged in blockchain technology research and commercial applications, and core technology research of legal digital currency. It has jointly established the Ministry of Education Engineering Research Center for Blockchain Security and Platform Technology, the Shanghai Blockchain Application Service Engineering Technology Research Center, and the Zhejiang Provincial Key Laboratory of Big Data and Future E-Commerce Technology. It has established the Zhejiang Digital Trade Standardization Pilot Base and the nationwide Blockchain and Data Security Innovation Consortium. It is a national-level key small giant specializing in specialization and innovation.
Smart Chain Navigation
Zhilian Linghang (Shanghai) Technology Co., Ltd., registered in the Lingang New Area of the China (Shanghai) Pilot Free Trade Zone, is an innovative company that deeply integrates artificial intelligence, blockchain, supply chain finance, and trusted data space technologies. It is committed to reshaping the corporate credit system by building a trusted data space. With its core mission of "transforming corporate credit into a calculable, transferable, and renewable digital asset on the blockchain," the company aims to drive the real economy toward a new paradigm where "credit is capital" by building a trusted supply chain digital twin.
Relying on blockchain and trusted data space technologies, Zhilian Linghang is building a data value circulation infrastructure that is "available but invisible, controllable, and traceable," enabling dynamic ownership confirmation and secure collaboration of multi-dimensional corporate credit data, and empowering supply chain finance to reduce costs and increase efficiency. In the future, Zhilian Linghang aims to build a "blockchain + stablecoin-driven cross-border trade operating system," serving small and medium-sized enterprises in emerging markets along the Belt and Road Initiative. Through a compliant and regulated technical architecture, it will provide a secure and efficient financial infrastructure for cross-border trade, facilitating regional digital economic cooperation and the internationalization of the RMB. (The above partners are listed in alphabetical order)
