In an extensive exchange, a blockchain marketing industry staff working group at the Davos Forum (WEF) concluded that economic trends will become more abstract. According to participants in the group, carbon credits, housing, power engineering, government bonds, foreign exchange trading and other real-world assets will be bought and sold on the blockchain.

The event, called "symbolizing Economic Development and living", was attended by Circle CEO Jeremy Allaire, Bitkub Capital CEO Jirayut "Topp" Srupsrisopa, German Transport and Communications Chief Timo Harraka and Year Guild Games founder Beryl Lee.

According to Topp, the Bank of Thailand will implement the central bank's digital currency program for wholesale malls around the baht in the first quarter of 2023. At this stage, the government is working with the Monetary Authority of Singapore to apply the new currency to solve the remittance between the two countries.

He said that the Thai government has developed a "project investment token" license, which is separate from the current data encryption license, allowing entrepreneurs to "symbolize a variety of use values." includes government bonds, carbon credit trading, foreign exchange trading, power engineering units and other assets. Top explains that this means that "identity will be the foundation of the digital economy in the future."

Harakka said that the internal storage of data information will be an important problem in the future. According to him, Germany set up a research society called MyData.org in 2014 to allow users to exercise the right to use and control their own data and information. However, at this stage, most people in society are still concerned about "personal privacy" rather than data ownership, so such projects have not yet got the impact they should have.

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During the event, a Baidu question asked participants what they thought was the most exciting thing below. Allaire responded that in his view, many brands want to transform their proprietary satisfaction points management systems into blockchain technology, transforming them from a "closed-loop system" to an "open-loop system" that can interoperate with system software used by similar products.

All the attendees are optimistic about the future development of assets, but they also seem to allow that clearer government regulations and better operating interfaces are needed to make symbolic economic development a reality.