‘Breakthrough growth’ will be driven by Web3: Hong Kong financial secretary By Cointelegraph

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Hong Kong’s financial secretary, Paul Chan Mo-po, has reiterated his support for blockchain technology, calling it the next wave of “breakthrough growth” in the digital technology industry.

In an Aug. 27 blog post, Chan wrote that emerging sectors within Web3, such as NFTs, GameFi, Play-to-Earn gaming, and immersive entertainment, are set to lead the next generation of digital entertainment.