Balancing Innovation and Security in Web3.0: Experts Analyze Key Industry Developments

Recently, a well-known blockchain security expert gave a keynote speech at an industry summit held in Dubai, delving into the balance between innovation and security assurance in the Web3.0 field. As a co-founder and CEO of a blockchain security company, and also an associate professor of computer science at Columbia University, this expert's views have attracted widespread attention.

In the speech, the expert pointed out that as blockchain technology increasingly becomes an important part of global financial infrastructure, its total market value has risen to $2.95 trillion. However, security issues remain a significant challenge faced by the entire industry. He cited the latest security report showing that in the first quarter of 2025, the total amount of funds stolen by malicious attackers reached $1.67 billion, a staggering increase of 303% compared to the previous quarter. The Ethereum ecosystem, as the core of decentralized finance and smart contract applications, remains a primary target for these attacks.

In the face of increasingly severe security threats, the expert detailed several risk reduction solutions, including smart contract auditing, security ratings, real-time threat monitoring, compliance consulting, and anti-money laundering services. These tools are designed to enhance the ability of Web3.0 projects to resist vulnerabilities and ensure they meet stringent industry standards. For example, smart contract auditing services can deeply analyze potential vulnerabilities in the code, while real-time on-chain monitoring platforms can promptly detect suspicious activities.

As a system security expert in the field of formal verification, he emphasized that compliance is not only a regulatory requirement but also the cornerstone of the long-term development of Web3.0. He pointed out that effective regulatory policies should have the characteristics of "controllable, visible, and executable" to maintain order and stability in the industry. To support this vision, his company actively collaborates with global regulatory agencies, provides public audit reports, and enhances transparency and regulatory efficiency through on-chain tools.

In addition, the expert is actively involved in the formulation of the global Web3.0 governance framework. His collaboration with institutions such as the Monetary Authority of Singapore and the Hong Kong Web3.0 Development Task Force demonstrates the key role that technical experts play in policy design, providing valuable experience for future regulatory innovations.

Industry insiders point out that by combining innovative technology with deep policy engagement, this expert and his company have set a new benchmark for the Web3.0 industry in addressing complex challenges. As the acceleration of blockchain and its applications continues, the vision for a secure and compliant Web3.0 ecosystem provides a clear roadmap for the sustainable development of the industry, ensuring that innovation flourishes without sacrificing trust and stability.