On May 20, 2022, ETH Shangai Summit, hosted by the ETH Shanghai Preparatory Committee, co-organized by the China Biodiversity Conservation and Green Development Foundation (“China Green Development Council”), Business China, and ChainIDE, the Web3.0 Developer Summit was successfully held on multiple online platforms including WeChat and YouTube.

Focusing on the theme of “The Impact of Web 3.0 on the Future Network World Pattern”, the summit invited a number of important guests from the political, business, and academic circles at home and abroad, including Li Yixian, Chairman of Business China, and Mr. Terry Branstad, former US Ambassador to China ( Terry Branstad), Vitalik Buterin, co-founder of Ethereum, Dr. Zhou Jinfeng, vice chairman and secretary-general of China Green Development Council, Chen Peiling, president of Business China, Joseph Lubin, founder of ConsenSys, Yan Han, founder of Mask Network, and Wu Xiao, CEO of White Matrix Technology Co., Ltd. and founder of ChainIDE, attended the summit.

Opening Speech by Mr. Li Yixian

At 9:00 am, the summit officially kicked off, and Mr. Li Yixian, Chairman of Singapore Business China, delivered an opening speech for the summit. He is very honored to celebrate another milestone of Ethereum with the guests and is excited to experience the disruptive innovation that Web3.0 will bring. He said that Business China would continue to support the development of forums related to blockchain technology, and looked forward to working with the builders of Web3.0 to create a future world. He also wished the summit complete success.

Mr. Terry Branstad, delivering a speech on Global cooperation to achieve Web 3.0 standardization

Former U.S. Ambassador to China Terry Branstad also attended the summit and delivered a keynote speech on the topic of global cooperation to achieve Web 3.0 standardization. Branstad believes that the Internet industry is one of the most active areas of technological progress in China and the United States, and the digital transformation of emerging technologies and social life has also laid a solid social foundation for the future development of the Internet.

Vitalik Buterin, giving a speech on What’s new in Ethereum

Subsequently, Ethereum co-founder Vitalik Buterin gave a keynote speech on the topic “What’s new in Ethereum?”. In addition to analyzing the current technical advantages and future development direction of Ethereum, Buterin, who has an indissoluble bond with Shanghai, also shared his optimism about the future path of Ethereum Shanghai. “Shanghai is the city where I have spent the most time in China, and I have many good friends here. Shanghai has been involved in the development of Ethereum a long time ago, and it also has a very good Ethereum community and projects. I look forward to seeing more in the future. More technical teams from Shanghai and China will join the platform and participate more in the Ethereum ecosystem.”

Dr. Zhou Jinfeng, announcing the official opening of the ETH Hackathon

Dr. Zhou Jinfeng, Vice Chairman and Secretary-General of CBCGDF, delivered a speech at the opening of the hackathon. Secretary-General Zhou Jinfeng first affirmed the important academic significance of this summit, and at the same time expressed his hope to cooperate with more young talents across borders and innovate together. Subsequently, Secretary-General Zhou Jinfeng announced the official opening of the Hackathon, a parallel event of the summit.

Chen Pei Ling, delivering a speech on Singapore’s Digital Transformation Path

Chen Pei Ling, President of Singapore Business China, delivered a keynote speech on Singapore’s digital transformation path, hoping to further promote cooperation and exchanges between China and Singapore in the digital economy. Ms. Chen first said that Singapore is a highly open economy, and the overall policy and business environment is conducive to the development and innovation of enterprises. Singapore remains optimistic about the industry’s prospects and welcomes the development of blockchain technology, looking forward to the arrival of the Web 3.0 era. “We expect Singapore and China to carry out richer and more diverse cooperation in the field of blockchain and achieve more fruitful results. We also hope that China and Singapore can build on the existing cooperation foundation and make joint efforts for the prosperity of the two countries. effort.”

The summit also invited two well-known entrepreneurs in the industry to conduct two fireside chats to provide insiders perspectives on industry development trends.

Joseph Lubin, talking about Ethereum Upgrade

Joseph Lubin, the founder of ConsenSys, affirmed the technical significance of the Shanghai upgrade of Ethereum and has great expectations for the next technological trend. Lubin then also gave an optimistic judgment on the further expansion of the industry and the long-term trend of decentralization in the future and hoped that more aspiring young people from China who are interested in Web 3.0 technology will join in the exploration, of this globalization in natural areas to discover their own potential and possibilities.

Wu Xiao, Expressing Views on Current Cycle of Web 3.0

Wu Xiao, CEO of White Matrix and founder of ChainIDE, expressed his views on the current cycle of Web3.0. Wu Xiao believes that the cycle of each industry has its own rules. If you want to succeed, you must seize the opportunity and focus on your own research and development. at work. At the same time, Wu Xiao said, “The field of Web 3.0 is a blue ocean. There are countless enthusiasm and countless opportunities in this industry. We believe that with future development, the industry will be filled with better content. We are willing to help Web 3.0 developers. To realize their ideas and win a bigger market. How to make more people realize that Web 3.0 is a bigger world, experience the application possibilities of Web 3.0, and grow and develop together with this industry is our mission.”

Round Table Discussion

In addition, the summit also prepared various forms of activities such as round table discussions, developer salons, and professional closed-door meetings, which facilitated cross-border exchanges between professionals from multiple industries and fields on issues related to Web 3.0 and the future of the Internet. The guests included professionals from industries, academia, literature and art, media, and other fields. They had an enthusiastic and in-depth discussion atmosphere and also received positive interaction and support from the audience.

At the closing ceremony of the conference, the host expressed his gratitude to the guests present. The participants gained a lot and the event received a warm response. Finally, the Ethereum Shanghai team announced the successful conclusion of this summit and looked forward to seeing you in the next future of the Internet.

**ETH Shanghai Web3.0 Summit official website:
**https://www.ethshanghai.org/en

**ETH Shanghai Web3.0 Summit Video:
**https://bit.ly/3lAmhEU

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