Unleashing the Potential of Web3: A More Viable, Responsible and Inclusive Future

Web3 promises a new era for the Internet of Value. Blockchain technology is a key enabler of Web3, and could help to bring about a more viable, responsible, and inclusive future.

Nov 01, 2022
Sff Header

Research Disclaimer

Crypto.com Research and Insights disclaimer for research reports

Executive Summary

  • Web3 promises a new era for the Internet of Value that is more open, decentralised, and gives more ownership to the end user.
  • Blockchain technology is a key enabler of Web3, and could help to bring about a more viable, responsible, and inclusive future through three main areas:
    • Building more viable business models by
      • Emphasising security and compliance;
      • Innovating core technologies;
      • Encouraging growth in the ecosystem via investment and partnerships.
    • Growing in a more responsible manner by
      • Managing and, where possible, reducing the carbon footprint of the industry and providing solutions to environmental challenges;
      • Investing in community educational initiatives.3.5
    • Developing more inclusive financial systems by
      • Lowering entry barriers and broadening access to minority groups in a secure way.4.5
  • This report will explore how companies in the blockchain industry, such as Crypto.com, can support and advance the focus areas of this year’s Singapore Fintech Festival: viability, responsibility, and inclusivity.

Read the full report:


Authors

Crypto.com Research and Insights Team


Get the latest market, DeFi & NFT updates delivered to your inbox:

Subscribe to newsletters  

Be the first to hear about new insights:

Follow us on Twitter

Share with Friends

Ready to start your crypto journey?

Get your step-by-step guide to setting up an account with Crypto.com

By clicking the Get Started button you acknowledge having read the Privacy Notice of Crypto.com where we explain how we use and protect your personal data.
Mobile phone screen displaying total balance with Crypto.com App

Common Keywords: 

Ethereum / Dogecoin / Dapp / Tokens