OrchardBit, invited as Industrial Leader for Brand Launchpad 2023 Event

OrchardBit Exchange, a global cryptocurrency exchange (www.orchardbit.com), was invited as an opinion leader of Exchange to the Brand Launchpad 2023 Event, the largest investment community event held in Ho Chi Minh City, Vietnam on the 28th and 29th of last month. OrchardBit expressed its stance on regulatory matters and future market changes in the global blockchain industry.

Photo : Group Photo at Brand Launchpad event
 
The Brand Launchpad event is an investment community forum organized by Open Live Group, a prominent investment community in Vietnam. Vietnam is emerging as a fintech hub, and in line with its rapidly growing economy, seminars with global opinion leaders with various investor communities are frequently being held. Multiple events and seminars discuss the latest trend of investment information and next-generation investment models, moving away from traditional investment models.
 
The Brand Launchpad event focuses extensively on the emerging sectors of blockchain and NFTs, which are alternative investment areas. In particular, the event held on the 28th and 29th of last month was a forum-style panel discussion attended by government officials and opinion leaders from the global blockchain industry. Opinion leaders from prominent global cryptocurrency exchanges such as Bybit, MEXC, Gate.io, OrchardBit, CoinEx, and PrimeXBT participated in the event. Industry leaders representing organizations like the Hong Kong Blockchain Association and the Korea NFT Content Association also took part in the event.

Photo : Panel Discussion by Anndy Lian, Global Advisor for Bybit Exchange
 
The event consisted of three panel discussion sessions, bringing together executives from blockchain associations around the world and executives from global cryptocurrency exchanges for high-level knowledge sharing. The first panel discussion focused on the convergence of the Web 3.0 industry and AI technology, exploring how the industry is expanding through this integration. Anndy Lian, the Global Advisor for Bybit Exchange, mentioned that the convergence of Web 3.0 and AI technology is leading to an explosive increase in content productivity, and emphasized that the Web 3.0 industry is still in its early stages of development.
 
For the second panel discussion, the main technological challenges faced by the Web 3.0 industry were discussed. Tony Tong, the Chairman of the Hong Kong Blockchain Association, highlighted the scalability of decentralization as the most crucial aspect in the Web 3.0 industry. He explained that while platforms from Chinese market, such as TikTok, are experiencing explosive growth, blockchain-based decentralization struggles to handle such massive traffic.

In relation to the convergence of the NFT industry, AI technology, and the Web 3.0 industry, Eric Chu, Global Business Director from OrchardBit Exchange, highlighted the obligation of cryptocurrency exchanges to educate and support traders within the exchange in adapting to the rapidly changing investment landscape driven by technological advancements. He further mentioned that OrchardBit Exchange is actively involved in conducting comprehensive research on automated trading algorithms integrated with the flourishing NFT industry and AI, aiming to provide more than just a trading experience.