Sixth “Hit AI & Blockchain” Summit Held in Taipei, Evaluating Taiwan’s Blockchain and AI Industry

by Arthur · February 15, 2023

Taiwan’s blockchain and cryptocurrency industry may grow to new heights after the recently concluded 6th “Hit AI & Blockchain” Summit.

The summit held on February 15, 2023 brought together leaders from around the world who came together to explore the direction of the blockchain and cryptocurrency industry in Taiwan. These leaders discuss ways to help Taiwan’s AI and blockchain industries continue to flourish and make more progress in the future.

The summit was initiated and organized by KNOWING New, SR-Tech Media and Bitnance. “Hit AI & Blockchain Summit” focuses on the current status and future of Blockchain and AI. During the summit, industry leaders discuss in-depth topics including 5G, AI, smart cities, Central Bank Digital Currency, NFT, DeFi, Metaverse and more.

During the event, Audrey Tang, Minister of Digital Affairs, explained that the government’s role is to explain viable prototypes to allow more people to join the industry. According to Tang, the Ministry of Digital Affairs (MODA) seeks to normalize the use of Web3 technology by promoting the use of reliable methods. MODA believes that a properly designed machine can promote more mass participation.

Former Taipei Vice Mayor Huang Shan-shan also pointed out that blockchain could be the solution to protect the security of relevant data. Huang Shan-shan hopes the government can increase its efforts to promote the massive use of new technologies. She hopes the government can create an excellent regulatory system for these technologies for the people of Taiwan.

Former chairman of the NDC and chief negotiator of the Taiwan Blockchain Alliance, Chen Meil-ing, appealed to the government to lead the people of Taiwan by providing a more visionary and macroscopic vision:

“With a complete policy, I believe that in the development of new technologies we can move like a rabbit and make rapid progress!”

Chen Meil-ing emphasized that the Taiwanese market is ready to devote its efforts to promoting Metaverse and Web3 like many other countries around the world.

During the summit, an award ceremony was also held, “The 5TH Blockchain Authority of Value”. The awards ceremony invited four female managers. These were Nicole Chan, the former chairman of the NCC, and Chen Mei-ling, the former chairman of the NDC & Chief Convener of the Taiwan Blockchain Alliance. The other two were former Taipei Vice Mayor Huang Shan-shan and Jaclyn Tsai, chairwoman of the Taiwan Women on Boards Association and co-founder of Lee, Tsai & Partners Attorneys-at-Law.

The four awards presented to Paul Fan as co-founder and CEO of CYBAVO for Person of the Year, ACE Exchange for Most Trusted Centralized Exchange, MaiCoin Group for Best Crypto Currency & NFT Service Group, and AIspeakin Voice Transcription Service of Ubestream for Best AI Semantic/Voice Solution .