David Wei Liang is a vice chairman at Conflux Community, the Layer-1 blockchain constructed round its Tree-Graph consensus and positioned as a bridge between China’s engineering ecosystem and international Web3 markets. His profession has centred on distributed techniques. He earned a PhD in pc science on the Chinese language Academy of Sciences, learning peer-to-peer networks, adopted by postdoctoral analysis in distributed techniques. He then labored at Huawei’s Noah’s Ark Lab in Hong Kong and have become chief blockchain professional at China Telecom, the place he led work on the blockchain-enabled SIM card, BSIM.
Why it’s best to pay attention
Most of crypto, Liang argues, competes for a similar customers and capital, transferring them between chains with bridges, suitable tooling and better yields. The bigger alternative sits outdoors that circle: shut to 6 billion cellular subscribers, 5 billion web customers and billions of banking prospects, plus a projected wave of AI brokers that Huawei estimates might attain 900 billion by 2035. His view is that transferring current customers solely adjustments market share, whereas creating new demand adjustments the dimensions of the market. Telecom operators, with many years of relationships with billions of subscribers and the bodily networks each digital economic system runs on, are in his view probably the most pure route in.
The sensible case rests on BSIM, which turns the SIM card already in everybody’s telephone right into a safe pockets that generates and shops personal keys and indicators transactions with out the keys ever leaving the cardboard. Liang describes a pilot in Shanghai, a industrial deployment in Hong Kong by means of a licensed telecom operator combining roaming information and stablecoin funds, and an enterprise rollout with an insurance coverage companion in Hunan. His foremost lesson is that individuals mustn’t must develop into crypto consultants to make use of Web3, and that asking newcomers to write down down a 12-word restoration phrase works towards mass adoption. He sees digital identification as probably the most helpful start line, linking a subscriber’s community identification to a pockets with consent, so {that a} telephone quantity can work as a fee deal with and operators might reward customers for on a regular basis calls.
The dialog then strikes to AI. Liang argues that brokers want cash software program can spend in very small quantities and settle immediately, with spending limits enforced in code, and factors to requirements similar to x402 that already make this doable. His rule for what belongs on-chain is easy: something that wants velocity stays off-chain, whereas something that wants settlement, similar to funds, commitments and settlement, goes on the ledger. On privateness, he argues that non-public AI brokers will be taught way more about their customers than Web2 platforms ever did, and that combining telecom identification, wallets and blockchain might let folks authorize brokers with out handing their information to a couple massive firms. He closes with stablecoins together with USDT0 and AxCNH now on Conflux, a community improve accomplished in October, and his check for fulfillment: Web3 wins when it disappears into on a regular basis life, the way in which no person says they’re utilizing TCP/IP.
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