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Secretary for Innovation, Technology and Industry of Hong Kong: Cyberport Web3 Base brings together more than 170 companies to settle in

Sun Dong, Director of the Hong Kong Innovation and Technology Bureau, spoke at the opening ceremony of the Computer Communications Festival today, stating that the conference has added the Web3 Asia Blockchain Exhibition and Seminar for the first time this year, providing a platform to promote the development of blockchain technology and third-generation internet-related technology fields. Cyberport has established the Cyberport Web3 Base at the beginning of this year, which has attracted more than 170 related companies to settle in. The 2021-2022 Budget has also allocated HKD 50 million to Cyberport to accelerate the development of its ecosystem. Sun Dong pointed out that in order to help promote Hong Kong as a green innovation and technology city, the conference will continue to hold the 5G and Green Technology Life Pavilion, as well as display the smart campus solutions designed by students in the Smart Technology Enhancement Pavilion. This is in line with the concept of digital economy and smart city development that the SAR government is vigorously promoting.

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