Web 3 and the Future of Industry: Key Takeaways From SUMMIT X 2023

May 22nd, 2023 at 8:53 pm UTC · 5 min read

Web 3 and the Future of Industry: Key Takeaways From SUMMIT X  2023

The inaugural SUMMIT X, a conference and exhibition for C-Suite thought leaders, drew 300 senior executives, investment professionals, and deep tech researchers from 15 countries, including the United States, United Kingdom, Germany, Japan, India, Hong Kong, and ASEAN countries. The event was held on May 4, 2023, at the Grand Ballroom of the Pan Pacific Hotel in Singapore, and it closed on a high note, with rave reviews from international delegates, attendees, and speakers.

SUMMIT X featured a high-adrenaline, thought-provoking panel discussion amongst the region’s leading thought leaders and think tanks on generative AI, digital transformation, fintech emerging trends of Web 3, blockchain, Esports, and the world of venture investments, IPOs, and SPACs. The event showcased 69 high-profile international speakers from 15 countries, including thirteen C-Suite female speakers and panellists on stage. More than 30% of these participants were from the Web 3 and blockchain industry, while every 1 in 3 attendees hailed from the finance, fintech, and private capital sectors. Notably, over 90% of the guest profile comprised C-Suite decision makers, including CEOs, CIOs, CMOs, CPOs, CFOs, CSOs, and board members, reflecting the conference’s exclusive focus on senior leadership.

Among the stellar speakers at the event was Professor David Lee Kuo Chuen from the Singapore University of Social Sciences (SUSS), Daniel Lee, Head of Web3 at Banking Circle, Professor Emir Hrnjic, Senior Lecturer at the National University of Singapore (NUS), Wang Hao, CFA, COO & Co-Founder at Metabank, Thomas Jeng, General Manager at Aspire, Mark Chay, Executive Director of Community and Administration at the Global Esports Federation, Dr. Pauline Erica Tay, Director of the National Health Innovation Centre Singapore (NHIC), Liz Steininger, CEO/Managing Director at Least Authority, Leyu Ong, Senior Vice President of Global Sales & Origination at the Singapore Exchange (SGX), Michael Knott, CTO at Algo Foundry, Dr. Sabrina Tachdjian, Head of Fintech & Payments Fund at The Hbar Fund, and many more.

“SUMMIT X 2023 brought together the brightest minds in Web 3, blockchain, esports, and innovation, shaping the future of these dynamic industries and setting the stage for continued growth and transformation. Reflecting on the event, we are proud of our community and the opportunities we have created for professionals and organisations in these dynamic industries. We would like to express our sincere gratitude to our sponsors, partners, and attendees for their continued support and participation”, says the designated spokesperson for Summit X 2023

One key theme from the summit was blockchain technology’s continued growth and impact. The conference highlighted how blockchain transforms industries, particularly finance and supply chain management. Experts shared their perspectives on the potential for blockchain to revolutionise these industries and how businesses can leverage this technology to drive innovation and growth.

Another central theme of the conference was the rise of esports as a mainstream industry. The summit brought together experts from across the esports ecosystem, including players, teams, publishers, and investors. Discussions focused on the potential for growth and investment in this emerging industry and how esports is changing the gaming and entertainment landscape.

The summit also explored the evolution of Web 3 and its impact on industries and society. Experts discussed the potential of Web 3 technologies, such as decentralised finance and non-fungible tokens, to transform the way we do business and interact with one another online. Finally, the conference emphasised the importance of innovation in driving progress and success. Speakers shared their insights on the role of innovation in achieving growth and how businesses can foster a culture of innovation to stay ahead of the curve.

The conference was a resounding success, with participants coming away with many insights and takeaways from prominent companies, such as digital asset provider Flowdesk Asia and digital payments solutions provider DTC, which promotes crypto as a payment method.

The event attracted start-ups across fintech, deep tech, sustainability, green tech, Web 3, and digital innovation from 18 countries, including UAE, Australia, the United States, the United Kingdom, ASEAN, and many more. These start-ups had the opportunity to meet, network, and present their businesses to the ecosystem stakeholders at the event. Featured start-ups included Dexy.io, Gank Global, Niftyz.io, Metaone.gg, The Green Factory, and Ticketmeta.io.

El Lee, COO of DTC Pay:

“An exceptional event designed to cultivate dynamic interactions between enterprising entrepreneurs, influential business owners, and valued stakeholders. A platform where minds converge, ideas are exchanged, and collaborative pathways are forged to pave the way for unprecedented progress”.

Edmas Neo, VP of Group Transformation Office, Mandai Wildlife Group:

“I thoroughly enjoyed my time at SUMMIT X and obtained a wealth of knowledge. The panel discussion I moderated was a highlight, and the conversations about Web 3 assets and Web 3 acceleration were fascinating and eye-opening”.

Warren Woon, the Co-Founder and CEO of Xtuality:

“I’m thrilled to have attended SUMMIT X, which proved to be a wonderful opportunity and an amazing inaugural event. It was an honour to be surrounded by esteemed venture capitalists and advisors also in attendance. The insightful discussions and presentations provided me with invaluable knowledge and new perspectives. I am eagerly looking forward to the next edition of this event”.

SUMMIT X 2023 received glowing testimonials from attendees; The event was supported by ecosystem, community, and marketing partners and sponsors, including Digital Insights, Global Esports Federation, Satoshi AI, Official Sports Partners – Sport Singapore (under Ministry of Culture, Community and Youth of the Government of Singapore), Official Supporting Blockchain Associations across Asia Pacific – Asia Web3 Association, and from Indonesia – Asosiasi Blockchain Indonesia, Philippines – Digital Pilipinas, Singapore – Blockchain Association Singapore, Thailand – Thai Fintech Association, Vietnam – APAC DAO, and Official PR Partner DIFY Singapore.

For more information about SUMMIT X 2023, please visit the website.

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