At the Polkadot Decoded Asia conference in Singapore, Chrissy Hill, chief operating officer and chief legal officer of Parity, gave a keynote speech entitled "How to maintain decentralization and compliance in Web 3.0". Chrissy pointed out that Web3 has a grand mission to bring value to billions of users and to enable a new, fairer global digital economy and supportive business models. One of the important core values is decentralization. She stressed that the ultimate vision of decentralization is for the community to determine the overall direction of development. The founder's influence is equal to that of all members of the community, and all the protocol code is open-source and can be forked by third parties. However, this process needs to be advanced gradually. Ultimately, Web3's business model will help meet the growing web demand for respecting users' data rights.