Blockchain Financial Innovation Critical for Next Industrial Revolution, Says HashKey Chair

HashKey Group Chairman and CEO Xiao Feng kicked off the 2025 Hong Kong Web3 Festival on Sunday with a keynote address highlighting blockchain technology’s transformative impact on global financial infrastructure. Speaking to an early morning crowd at the Hong Kong Convention and Exhibition Center, Xiao described blockchain as “a new generation of financial infrastructure” that fundamentally changes how financial transactions are recorded, settled and governed. Industrial Revolution Requires Financial Innovation “Any industrial revolution must wait for a financial revolution,” Xiao told attendees at the four-day event hosted by his company. Xiao emphasized historical parallels between technological and financial evolution: banking credit supported the British Industrial Revolution, stock markets enabled the electrical revolution in America, and venture capital fueled Silicon Valley’s information revolution source: https://beincrypto.com/blockchain-financial-innovation-industrial-revolution/