Group 1 - The summit forum titled "Web3.0 + RWA Empowering a New Ecosystem for the Real Economy" was held in Hangzhou, focusing on the integration of Web3.0 technology and Real World Assets (RWA) to drive innovation in the real economy [1][3] - The event gathered over 200 representatives from traditional businesses and distributors to explore new pathways for the transformation and upgrading of the real economy [1] - The combination of Web3.0 and RWA is expected to reconstruct the value circulation system of the real economy, providing new financing solutions for small and medium-sized enterprises through blockchain technology [3] Group 2 - Dr. Yin Sheng, Chairman of Raiffeisen Capital in Singapore, highlighted that RWA tokenization can break traditional financing barriers and help companies access international capital markets through compliant digital asset issuance [5] - RWA is not only a technological innovation but also an upgrade of financial paradigms, with the potential to reshape the liquidity of trillion-dollar real assets in the next five years [5] Group 3 - Chang Ming, Executive President of Easy Station Green Technology Group, shared practical cases of RWA in retail and supply chain sectors, illustrating how Web3.0 and RWA can transform consumer spending into on-chain rights [7] - Representatives from various enterprises shared their experiences on how RWA can enhance brand value and optimize supply chains, generating enthusiastic responses from attendees [8] Group 4 - The forum included interactive elements such as corporate roadshows and performances, aimed at promoting cross-industry collaboration [10] - The closing remarks emphasized that the event marks the beginning of the integration of Web3.0 and the real economy, with plans to continue building resource connection platforms to facilitate more RWA projects [11] Group 5 - The forum served as a platform for exchanging cutting-edge ideas and validating the feasibility of Web3.0 technology empowering the real economy through practical cases [13] - There is a consensus among participating companies that Web3.0 and RWA will become the core link between real assets and the digital economy, with market-oriented, scenario-based, and ecological development being key future directions [13]

Core Viewpoint - The development of stablecoins and Real World Assets (RWA) may lead to significant changes in the global monetary and financial systems, potentially creating a parallel decentralized system alongside the current centralized one, similar to the impact of AI on the global economy [1] Group 1: Monetary System - The essence of money is a "social consensus" and a "recording tool" that facilitates the exchange of labor and goods, with its value being largely dependent on public trust and recognition [4][5] - The formation of social consensus around a currency requires its scarcity to be maintained; excessive issuance can lead to inflation, undermining trust in the currency [6][7] - Legal tender serves as a centralized recording tool, relying on government trust to maintain its value and scarcity [7] Group 2: Stablecoins - In the context of increasing distrust in centralized monetary systems, stablecoins have emerged as a decentralized alternative, leveraging blockchain technology to create a shared, immutable ledger [10][11] - Stablecoins, particularly those backed by fiat currencies, dominate the market, accounting for 99% of the stablecoin market share since 2014, and can be viewed as digital representations of cash [11][12] - The rise of stablecoins may lead to a reconfiguration of the global monetary system, breaking down national borders and allowing for a more fluid exchange of value across different economies [12][13] Group 3: Real World Assets (RWA) - RWA represents the tokenization of real-world assets on the blockchain, allowing for decentralized trading and ownership of assets like stocks and bonds, similar to asset-backed securities [16][17] - The development of RWA could create a new financial market that operates parallel to traditional centralized markets, enabling direct wealth management on the blockchain without reverting to fiat currencies [17][18] - RWA can also enhance the monetary system by allowing tokenized assets to be used as currency for transactions, thereby expanding the definition of what can be considered money [18]