The Global RWA Data Industry Conference is about to be held, and the establishment of the "RWA Global Industry Alliance" will be launched to initiate the construction of international standards.

Guided by the China Mobile Communications Federation and the China Communications Industry Association, the "Global RWA Data Industry Conference and the Launch of the RWA Global Industry Alliance" event, jointly initiated by multiple institutions, is scheduled to be held in Hong Kong, China on July 30. One of the core missions of this conference is to promote the establishment of the "Hong Kong RWA Global Industry Alliance". The alliance is jointly initiated by the Blockchain Professional Committee of the China Communications Industry Association, the Artificial Intelligence and Metaverse Industry Working Committee of the China Mobile Communications Federation, the Digital Economy Community, and other institutions. It is reported that the conference will simultaneously disclose the latest experimental results of the Hong Kong Monetary Authority's Ensemble Sandbox in RWA scenarios such as green finance and carbon credits. It will showcase the cooperation mechanisms in the field of green RWA financing between the two places, explore the feasible model of "cross-border asset digitalization", and lead the initiation of the construction of RWA international standards.