On August 17th(UTC+8), the 2020 Global Blockchain Eco-Conference hosted by Alchemy Pay, had its grand opening at Bellagio Shanghai. Mr.HU Tao, the Founder of Tokenlnsight, gave a keynote speech entitled "Digital Asset: Industry Development Report". Mr.Hu said that it is expected that DeFi will continue to maintain excellent performance in the near term for the remainder of 2020. However, challenges exists among the many opportunities within DeFi and that there will be plenty of bubbles looming.