In a groundbreaking keynote address at the prestigious 2023 Shanghai Blockchain International Week, Avery Ching, co-founder and Chief Technology Officer of Aptos Labs, made a compelling case for the widespread adoption of blockchain technology. Hosted by Wanxiang Blockchain Labs, the event brought together industry leaders, innovators, and enthusiasts from around the world. Ching's keynote highlighted the urgency of accelerating blockchain adoption to benefit all internet users, emphasizing the need for improved user experiences and the broadening of blockchain applications across various sectors, including gaming, social, finance, media, and entertainment.
Unlocking the Web3 Potential:
Avery Ching's keynote speech underscored the enormous potential of blockchain technology in the Web3 era, with a particular focus on gaming. He highlighted the Asia-Pacific region's pivotal role in supporting the Web3 industry's growth and expansion. Currently, early blockchain adopters represent just a tiny fraction, accounting for less than 0.4% of total internet users. Ching passionately advocated for the development of seamless, fast, and reliable user experiences in blockchain, akin to the internet's accessibility. He stressed that achieving this goal would require continuous, large-scale innovation in blockchain infrastructure over the next decade.
Transforming Industries with Blockchain:
Ching's visionary address shed light on how blockchain technology and applications have the potential to revolutionize multiple industries. He spoke of the ongoing commitment of Aptos Labs to innovation, noting that the company has been consistently releasing version upgrades, with an impressive list of completed upgrades for 2023, including versions 1.2, 1.3, 1.4, 1.5, and 1.6. Aptos Labs has ambitious plans for the remainder of the year, with upgrades to versions 1.7 and 1.8 on the horizon. This dedication to development highlights Aptos Labs' commitment to staying at the forefront of blockchain technology.
