OKX Hong Kong Executive Director Frank: The development of RWA is a trend

ChainCatcher news, OKX Hong Kong Executive Director Frank stated during a roundtable forum at the "2024 Hong Kong Web3 Carnival" main forum that with the advancement of technological innovation, the development of RWA is clearly a trend, and people can leverage technology to further improve efficiency and save related costs.

In addition, when mentioning how RWA platforms address risk factors, Frank believes that it is very important for RWA platforms to implement various strong measures to mitigate risks and enhance investor confidence for the long-term stable development of the RWA sector. Platforms should have robust security infrastructure, smart contract audits, self-regulation (such as POR), compliance with regulatory requirements, full transparency, appropriate investor communication, continuous monitoring and incident response, and insurance coverage, among others.