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Finally, I would also like to say that the blockchain industry actually has a lot of room for growth. First of all, the two concepts of blockchain and web3 are appealing in their own right, and with the development of the Internet era, the Internet has become an infrastructure. So the emergence of web3, so that the Internet infrastructure can do some upgrades. Second, web3 is a technology application in itself. From the 1990s to the present, the development of many technologies has been a process from 0 to 1. web3 is a completely new technology area, and it can apply some technologies to various fields. So it has a lot of room for growth. Finally, the concept of web3 did not actually appear at this conference, but it was said at this conference. This is probably one of the reasons why I feel like the blockchain industry has exploded. In the interest of time, I will say no more. I hope that if you are interested, you can check out web3 related books or videos. Well, that's all for today. I am Xiao Dong, a blockchain practitioner, welcome to your attention!

Finally, I would also like to say that the blockchain industry actually has a lot of room for growth. First of all, the two concepts of blockchain and web3 are appealing in their own right, and with the development of the Internet era, the Internet has become an infrastructure. So the emergence of web3, so that the Internet infrastructure can do some upgrades. Second, web3 is a technology application in itself. From the 1990s to the present, the development of many technologies has been a process from 0 to 1. web3 is a completely new technology area, and it can apply some technologies to various fields. So it has a lot of room for growth. Finally, the concept of web3 did not actually appear at this conference, but it was said at this conference. This is probably one of the reasons why I feel like the blockchain industry has exploded. In the interest of time, I will say no more. I hope that if you are interested, you can check out web3 related books or videos. Well, that's all for today. I am Xiao Dong, a blockchain practitioner, welcome to your attention!

About web3, many people will associate it with blockchain. This is actually a big misconception. web3 is a technology, while blockchain is an economic model. If web3 is a branch of the blockchain, then the two cannot be equated. If you just look at web3 from a technical point of view, then web3 will become very boring and uninteresting. You ask me, what can blockchain do in life? All I can tell you is that it increases efficiency and reduces costs. For example, if you buy something on Taobao, you do not need to pay Courier fees, nor do you need to pay processing fees, which is the charm of blockchain. web3 can do a lot of things. It allows everyone in the world to participate equally in the world. web3 will bring us a fairer and freer world.