Foresight News reported live that at the "2023 Hong Kong Web3 Carnival", OKX President Hong said in his keynote speech that the global financial environment is undergoing changes, and people are transitioning from trusting financial intermediaries to the era of self-hosting. As a technology company, OKX is Build the tools of the future based on Web3 technologies. The current industry development is transitioning from CeFi to DeFi, and OKX is actively doing two things: one is to lead CeFi towards openness and transparency. In addition to pursuing regulatory licenses and audits, it will also create better PoR standards; Evolution, pushing Web3 into the era of multi-signature wallets, OKX Web3 wallet currently supports 57 public chains, and is one of the most convenient encrypted wallets. OKX launched the MPC private keyless wallet this month, which now supports 37 public chains. Users can easily create a wallet with an OKX account, without having to manage complex private keys or mnemonic words, and easily explore the decentralized Web3 world. It is a truly decentralized self-custodial wallet. At the same time, the MPC private keyless wallet pioneered the emergency exit function. In an emergency scenario, users can export the private key through two private key fragments completely managed by themselves to withdraw assets. "Web3 Festival" (Web3 Festival) is a Web3 event brand jointly launched by Wanxiang Blockchain Lab and HashKey Group, and hosted by W3ME. This year's "Web3 Carnival" will last from April 12 to April 15, and will focus on the core issues of various Web3 tracks such as regulatory policies, Web3 infrastructure, and Metaverse.