Key takeaways from Consensus Hong Kong 2025 presented by CoinDesk

Arthur, Hong Kong is clearly positioning itself as a global hub for Web3 technologies. You recently attended ConsensusHK. Can you share some of your key takeaways from the event?

Arthur Lewin: Absolutely. ConsensusHK was a fantastic opportunity to engage with industry professionals and discuss the future of Web3, DeFi, blockchain, and AI. Hong Kong is at the forefront of this technological revolution, leveraging its strategic position as a global financial hub.

One of the most exciting discussions was about Cloud Innovations. Traditional cloud providers like Google Cloud Platform (GCP) and Amazon Web Services (AWS) are facing increasing competition from Decentralized Physical Infrastructure Networks (DePin). These networks offer smarter and more cost-effective computing solutions. As a result, major cloud providers are now innovating and adapting their business models to stay competitive.

That’s fascinating. How about blockchain? How is it evolving beyond its traditional financial applications?

Arthur Lewin: Blockchain continues to be a game-changer. At its core, it’s a shared digital ledger that securely stores information without the need for a central authority. This decentralized approach is not only transforming finance but also enabling faster, more cost-effective, and secure transactions across various sectors. The trustless nature of blockchain is driving its adoption in supply chain management, healthcare, and even real estate.

AI is another buzzword we hear a lot. How is AI influencing the Web3 space?

Arthur Lewin: AI is already ubiquitous, but in the context of Web3, it’s revolutionizing decentralized applications by enabling smarter automation, personalized experiences, fraud detection, and efficient decision-making. This shift is challenging centralized companies like OpenAI and DeepSeek AI to adapt to decentralized, privacy-focused systems. The integration of AI with decentralized apps (DApps) is creating a more intelligent and secure digital ecosystem.

You also mentioned the evolution of SaaS into dSaaS. Can you elaborate on that?

Arthur Lewin: Absolutely. Decentralized Software as a Service (dSaaS) is the next evolution of traditional SaaS. It leverages distributed networks, allowing users more control over their data while reducing reliance on centralized providers. Payments for these services will be made using cryptocurrencies or tokens, seamlessly integrating with DApps. This evolution not only empowers users but also challenges existing business models.

With these rapid advancements, what kind of staff augmentation do companies need to effectively cover these emerging areas?

Arthur Lewin: That’s a crucial question. As Web3, blockchain, and AI technologies continue to evolve, the demand for highly specialized talent is skyrocketing. Companies will need to invest in blockchain developers, smart contract auditors, AI engineers, decentralized application (DApp) developers, and cybersecurity experts to navigate this complex landscape.

Additionally, there’s a growing need for cross-functional teams that can bridge the gap between traditional IT systems and decentralized networks. Roles like Web3 strategists, tokenomics experts, and legal consultants specializing in blockchain regulations will also be vital to ensure compliance and strategic growth.

It sounds like a complete paradigm shift in how businesses will operate. Were there any collaborations or joint ventures at ConsensusHK that stood out to you?

Arthur Lewin: Absolutely. One of the most exciting developments was a collaboration between Standard Chartered, Animoca Brands, and HKT. They’re working on launching a financial platform for a future HKD-pegged stablecoin, which could revolutionize digital payments in Hong Kong. This partnership hints at the powerful synergies that can be achieved when traditional finance meets decentralized technologies.