2023-01-24 14:44:22

2023: The Year of Web3 for Enterprise

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Nasdaq
By Guest Contributors

In the depths of crypto winter, surrounded by contagion fears, it may be difficult to remain optimistic about the future. Pundits like Peter Schiff or Nouriel Roubini now imply Web3 faces not just a winter or even an ice age, but an extinction level event. Everyone involved and eager about the industry at this time last year has probably lost some money or maybe a significant amount. The pain of these losses doesnt help in remaining bullish.

However, working on the front lines of this new technological movement and speaking to dozens of enterprises, governments and protocol development teams, I can assure you that rumors of Web3s death are far overblown.

This industry will not be defined by speculative booms and busts but instead by what it is built on: revolutionary technology that will eventually touch all of our corporations, governments and individual lives. During this downturn, massive leaps are being made in the quality of the technology. Real world use cases that will define it for the average person are emerging.

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