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DES 2023, Hong Kong

The Digital Economy Summit 2023 was held in Hong Kong from 13th-14th April 2023. Attended the Visionary Forum and Chambers Forum on day 1, and Fintech Forum on day 2, among the programs.

Emerging with Resilience: Fostering a Smarter Future

The DES (rebranded from the Internet Economy Summit, IES) unveiled global and regional visions on how smart city technologies will supercharge smart economies as well as accelerate the formation of futureproof digital societies.

Personally, the event provided informative ideas and solutions, proven by achievements made by various parties, good for the movement of ABCDE The World.

Worth noting is that rather than conceptional ideas or theoretical planning, most presented what had been done and what had been achieved to date, using real-world achievements as the case studies.

Day 1, 13th April 2023

Visionary Forum – Re-create Future Sustainable Societies

In this forum, prominent industry experts shared insights on how the exponential growth of future technology is defining the new normal of smart economies and re-create future sustainable societies.

Digital Innovation Driving Low-Carbon Development

Keynote 3 of day 1 was delivered by Dr Will Cavendish, Global Leader of Digital Services, Arup.

The generative design was one that caught my attention.

There is scarcely a subject that cannot be mathematically treated and the effects calculated or the results determined beforehand from the available theoritical and practical data. The carrying out into practise of a crude idea as is being generally done is, I hold, nothing but a waste of energy, money and time. ~ The Autobiography of Nikola Tesla, My Inventions

Interestingly, Arup made its presence in ADB SEADS 2023, Bali, Indonesia as well.

Autonomous Driving Empowers Smart City Construction

Keynote 7 of day 1 was delivered by Dr Luyi Mo, Vice President and Head of Guangzhou-Shenzhen R&D Center, Pony.ai

One of the slides shared showed a reporter looking at a driverless passenger car, from inside a taxi (or e-hailing). The future is already here, just not evenly distributed. How soon will most of people’s job be replaced?

Day 2, 14th April 2023

Fintech Forum – Reshaping the Digital Economy with Web3 and Virtual Assets

The forum explored the potential of Web3 and virtual assets to drive innovation and growth in the digital economy, as well as other key driving forces transforming the digital economy, including carbon market development and digital innovation in the traditional financial sector.

Building an Interconnected and Coherent Digital Financial Infrastructure

Keynote 3 of day 2 was delivered by Dr Rocky Cheng, Chief Information Officer, Bank of China (Hong Kong)

As Hong Kong is committed to becoming the digital economy leader, digital financial infrastructure is essential. Tokenized Green Bond is one successful use case and something worth further exploring.

Keynote 3 ended with a summary “Recognize what we need, get ready for the future, then we can lead.”

Summary

Positive tone and encouraging progress for virtual / digital assets and smart city use cases.
The Internet, all over again.
A.I.
Blockchain
Connectivity
Data
Ethics

Connecting the dots.
Formulate the future.
Step by step.

Sidenote

Happened to come across a piece of news somehow related to de-dollarization.

Other events alongside DES 2023 include the Mayday Concert and the 41st Hong Kong Film Art Awards at the coastline.