OORT Global Decentralized AI Summit successfully concluded, exploring the new future of decentralized technology together

On the afternoon of August 20, 2024, the "OORT Global DecentralizationAI Summit", jointly hosted by the OORT Foundation and Ctalks, concluded today at the Hilton Hotel in Shenzhen. The summit brought together leading Decentralization technology experts, industry leaders, and policymakers from around the world to discuss the latest developments and future trends in the field of DecentralizationAI, as well as the innovative integration of AI with other popular tracks such as DePIN and RWA.

The main guests attending the meeting are: OORT Foundation Chairman Mike, Hong Kong Blockchain Association Tony Tong, Shenzhen Data Exchange Lin Zekun, OORT Asia-Pacific Operations Director Lucas, LingoAi Founder Una Wang, Arkreen Founder Leo Lin, Shenzhen Jusuan Technology Founder Jin Chaohui, BANG Founder Huajiao, Drip Finance Host Sister Tu, Horus Co-founder Ray, DEKUBE Community Representative Felix, Multiple Network Community Representative Zeus Chen, and senior practitioners in the industry.

OORT - A New Decentralized AI Empowered Solution

In his opening speech at the summit, Mike Robinson, Chairman of the OORT Foundation, outlined the grand blueprint of OORT in the field of Decentralization AI to the participants. He emphasized OORT's core vision - to create a more secure, transparent, and efficient digital ecosystem through the integration of advanced Decentralization technology and artificial intelligence. Mike explained in detail how OORT provides a new data processing and storage solution for global users and enterprises through its unique technical architecture.

Mike also talked about OORT's mission in the Decentralization AI field, which is to promote technological innovation and facilitate global data sharing and collaboration. He stated that OORT aims to establish a Decentralization platform that allows users to control their own data and derive real value from it. This platform not only supports efficient circulation of data but also ensures data security and privacy protection.

In addition, Mike also highlighted several core technologies of OORT, including distributed computing network, encryption data storage, and Smart Contract-driven data exchange mechanism. These technologies not only solve the data island problem existing in the current centralized system, but also provide unprecedented flexibility and scalability, laying a solid foundation for the development of decentralized AI applications.

Mike's speech not only showcases the technical strength of OORT but also paints a future full of endless possibilities for the participants. Let us look forward to the future of OORT.

Cross-border Data Flow and Transactions

Mr. Lin Zekun of Shenzhen Data Exchange shared in detail the evolution of policies related to cross-border data flow in recent years and their impact on cross-border data transactions. He pointed out that with the development of the digital economy, data, as a new production factor, has become increasingly frequent and complex in cross-border flows. In order to adapt to this change, government departments continuously introduce and improve relevant policy regulations to promote the safe and legal cross-border flow of data. Mr. Lin Zekun also highlighted the exploration and practice of Shenzhen Data Exchange in promoting cross-border data transactions, especially the achievements made in using Shenzhen as the core city of the Guangdong-Hong Kong-Macau Greater Bay Area with unique geographical and policy advantages. As of the latest statistics, Shenzhen Data Exchange has successfully completed multiple cross-border data transactions, including cooperation cases with Malaysian data merchants. These practices not only promote the healthy development of the data element market, but also provide valuable experience for other regions to learn from.

Hong Kong Blockchain Policy

Tang Yi, President of the Hong Kong Blockchain Association, thoroughly analyzed the blockchain policy environment in the Hong Kong region and its impact on the industry. He mentioned that the Hong Kong government has actively introduced a series of policies in recent years to support the blockchain and cryptocurrency industry, aiming to create an ecosystem conducive to innovation and development. Mr. Tang particularly emphasized the 'Discussion Conclusions on Crypto Assets and Stablecoins' issued by the Hong Kong Monetary Authority in 2023, which provides a clear regulatory framework and guidance for crypto assets and stablecoins. He also shared some specific measures that Hong Kong has taken to promote the application and development of blockchain technology, such as sandbox testing environments provided for startups and practical cases in finance, supply chain management, and other fields. These policies not only help attract more blockchain companies and talents to settle in Hong Kong but also set an example for the global blockchain industry.

Zheng Dingxiang, President of the Shenzhen Information Service Industry Blockchain Association, analyzed the impact of policy forms on our industry at the venue, as well as several recent events that may have the greatest impact on the industry.

Explore the integration of AI with DePIN and RWA tracks

Una Wang, founder of LingoAl, discusses how to promote cross-cultural communication and cooperation through the combination of AI, DePIN, and RWA. She points out that AI technology can intelligently handle language barriers, DePIN provides users with a secure means of identity verification, and RWA enables seamless connection between digital assets and real assets. Ms. Una emphasizes that this comprehensive solution can break down cultural barriers and build a communication bridge for people around the world, allowing for more convenient sharing of resources, exchange of information, and business cooperation. She also shares some practical cases to demonstrate the potential of this technology in promoting global communication.

Opportunities and Challenges of DePIN's Integration with AI Innovation

In order to communicate with more Web3 builders, collide ideas and open up ideas for building Web3. This summit has prepared two themed roundtable forums, which revolve around the future of integration and innovation of DePIN and AI, and the development opportunities and challenges of exploring the landing applications of DePIN and DeAl. Experts from all walks of life have conducted in-depth discussions on the application prospects of Decentralization infrastructure and AI technology.

The OORT Global Decentralization AI Summit has successfully concluded. This summit not only deepened participants' understanding of the latest developments in the Decentralization AI field, but also inspired profound thoughts on the future direction of technology development. As OORT continues to lead technological innovation, we look forward to seeing more Decentralization solutions reshape the landscape of data storage, privacy protection, and artificial intelligence applications. The successful holding of the summit emphasizes the importance of international cooperation, as well as the critical role of continuous dialogue and exploration in promoting the advancement of Decentralization AI technology. We believe that in the near future, we can witness breakthroughs in DeAI technology and the flourishing development of Web3 together.

About OORT

OORT is a company focusing on decentralized cloud services, which aggregates global idle computing and storage resources for enterprises and individuals, providing a high-privacy, low-cost one-stop AI solution. OORT is committed to promoting the development of decentralized AI technology to achieve a more open and fair digital future.

About Ctalks

Ctalks is a media platform focusing on the blockchain industry, dedicated to disseminating the latest industry news and technological advancements, and providing high-quality content and services for global users.