According to PANews, Wanxiang Blockchain Chairman Xiao Feng said that 2024 will be the "1995 moment" when blockchain enters the Internet.

Xiao Feng pointed out that all large Internet platforms were basically born in 1995; as of 2024, a new financial system will be built in the next ten years.

He also mentioned that in 2025, the financial systems based on bank accounts and crypto accounts will be interconnected.