Xiao Feng’s opening speech: Blockchain has moved from the grassroots stage to the standardized development stage and needs to be developed in accordance with standard rules.

Foresight News reported on the spot that the 2025 Shanghai Blockchain International Week officially opened. Xiao Feng, chairman of Wanxiang Blockchain and chairman and CEO of HashKey Group, said in his welcome speech, "Blockchain has moved from the initial stage to the application explosion stage. Currently, developers in the industry have begun to promote blockchain technology to open a second growth curve. We have moved from the grassroots stage to the standardized development stage. We need to build standard rules and carry out standardized development based on standard rules, while forgetting the stage of barbaric development in the early stage."
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