I am optimistic about this direction. A certain project is in deep cooperation with a well-known Blockchain center in the Middle East, specifically creating a secure Compliance Blockchain system for government departments and institutional users.

The core lies in their technology stack - progressing simultaneously in three directions: digital identity, verifiable credentials, and on-chain financial infrastructure. In the area of government procurement and institutional-level applications, this set of combinations is quite competitive.

Especially regarding verifiable credentials, it used to be a centralized mess, but now with on-chain solutions, identity verification across regions and institutions can be more efficient. Coupled with supporting financial infrastructure, the sense of an ecological closed loop is gradually taking shape. Projects that can obtain government-level cooperation are indeed worth paying attention to in terms of future potential.