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Web3.0 emphasizes both security and innovation, and the blockchain industry faces new challenges in its development.
Balancing Innovation and Security in Web3.0: Focusing on Challenges in the Blockchain Industry Development
Recently, a report focusing on the current challenges of the Web3.0 ecosystem has drawn widespread attention in the industry. The report highlights the keynote speech of a co-founder and CEO of a well-known Blockchain security company at a summit, delving into the key roles of compliance and technology in promoting the sustainable development of the industry.
In his speech, the CEO analyzed the symbiotic relationship between Web3.0 innovation and security assurance. He emphasized that compliance is not only a regulatory requirement but also the cornerstone of the long-term development of Web3.0, and regulatory policies must be "controllable, visible, and executable." At the same time, he cited the latest security report data from the company, revealing the increasingly severe security threats within the industry, and explained the importance of solutions such as smart contract auditing, on-chain monitoring, compliance consulting, and anti-money laundering in reducing industry risks.
As an expert in formal verification, this CEO's career spans academic research, industry practice, and policy-making. Through collaboration with regulatory bodies such as the Monetary Authority of Singapore and the Hong Kong Web3.0 Task Force, he not only provided technical support for Web3.0 governance pathways but also offered practical examples for global regulatory innovation. Industry insiders point out that he bridges the gap between academia, industry, and policy with his multiple identities. His vision not only provides a clear roadmap for the sustainable development of the industry but also ensures that innovation thrives without sacrificing trust and stability.
The Importance of Innovation and Security Measures in Web3.0
At a recent blockchain summit, the co-founder of a blockchain security company delivered a keynote speech, emphasizing that while promoting Web3.0 innovations, ensuring robust security is equally crucial.
As blockchain technology becomes an important cornerstone supporting the global financial infrastructure, the total market capitalization has reached $2.95 trillion. He pointed out that security issues still pose a significant challenge faced by the entire industry. Based on the company's professional experience and the latest data, he analyzed the increasingly severe security threats in the current Web3.0 ecosystem, as well as the key role of compliance and technical solutions in promoting the sustainable development of the industry.
In his speech, he specifically mentioned the significant rise in blockchain-related cybercrime and cited data from the company's latest security report. In the first quarter of 2025, the total amount of funds stolen by malicious attackers reached $1.67 billion, a staggering increase of 303% compared to the previous quarter. The Ethereum ecosystem, as the core of DeFi and smart contract applications, remains the primary target of these attacks.
The Web3.0 platform is increasingly becoming an indispensable part of the global financial system, and the surge in capital losses highlights the urgent need to strengthen security protocols to protect the integrity of the Web3.0 platform.
He also detailed the company's specific solutions for mitigating these security risks. As a company focused on Blockchain security, they offer smart contract audits, security ratings, real-time threat monitoring, compliance consulting, and anti-money laundering (AML) services. These tools are designed to help Web3.0 projects enhance their resilience against vulnerabilities and ensure they meet stringent industry standards.
For example, the company's smart contract auditing services can deeply analyze potential vulnerabilities in the code, while its on-chain monitoring platform provides real-time detection of suspicious activities. By integrating these solutions, it not only helps project parties protect the ecosystem but also enhances the trust of users and regulatory agencies in its platform.
As a system security expert in the field of formal verification, he emphasized that compliance is not just a regulatory requirement, but the cornerstone of the long-term development of Web3.0. He pointed out that regulatory policies must have the characteristics of "controllable, visible, and executable" in order to effectively maintain industry order and stability.
To support this vision, the company actively collaborates with global regulatory agencies, provides public audit reports, and enhances transparency and regulatory efficiency through on-chain tools. These efforts enable policymakers to better understand how Blockchain operates and to formulate more forward-looking regulatory rules.
In addition, he has not only made achievements in the technical field but has also actively participated in the formulation of the global Web3.0 governance framework. Collaborating with institutions such as the Monetary Authority of Singapore and the Hong Kong Web3.0 Development Task Force exemplifies the critical role that technical experts play in policy design, providing valuable experience for future regulatory innovations.
With the dual identity of both a scholar and an entrepreneur, he is able to bridge the gap between academia, industry, and policy. His insights at the summit once again emphasized a key point: the transformative potential of Web3.0 can only be fully unleashed through the organic integration of innovation, security, and regulatory clarity.
Industry observers point out that by combining innovative technologies with deep policy engagement, a new benchmark has been established for the Web3.0 industry to tackle complex challenges. As the blockchain and its applications accelerate in popularity, the vision for a secure and compliant Web3.0 ecosystem provides a clear roadmap for the sustainable development of the industry, ensuring that innovation flourishes without sacrificing trust and stability.