Chen Zhongni, a member of the Legislative Council of the Hong Kong Democratic Alliance for Betterment of Hong Kong, wrote an article "Empowering the Application and Development of Web 3.0 in the Financial Industry", in which he pointed out that the Hong Kong government must vigorously develop a Web 3.0 infrastructure that can support the long-term development of Web 3.0. In view of the shortcomings of the current mainstream public blockchain platform in terms of privacy protection, Hong Kong should support the development of basic blockchain platforms with security, privacy protection, high efficiency, low cost, energy saving, compliance, modularity and global vision, and need to invest more resources and technologies to encourage scientific research and innovation, and formulate policies and regulations to support the development of blockchain technology. At the same time, Hong Kong must actively guide the exploration of innovative combinations of Web 3.0 and traditional finance, such as data connectivity between government departments and banks, traditional financial payment and settlement, credit business between individuals and enterprises, supply chain finance, etc., to promote the standardization of asset chain protocols, and to formulate and introduce a legal system for the circulation of RWA tokens in a timely manner to promote seamless integration, data sharing, and asset transfer between traditional financial and virtual asset ecosystems.