5 Ways Web3 is Changing Digital Transformation

EM360 TECH

Published on
Thu, 06/16/2022 - 17:07

Article contributed by Prit Doshi 

Web3 technologies make the Web more intelligent, connected, and user-friendly. They include things like artificial intelligence (AI), the internet of things (IoT), and virtual reality (VR).

Learning these technologies will help your business be at the forefront of digital transformation. By understanding how they work and how to use them, you'll be able to create more innovative applications and websites that offer a better user experience.

You'll also be able to make better decisions about where to invest your digital transformation budget. So if you want to up your digital transformation game, learning about Web3 technologies is an excellent place to start.

Why will Web3 matter to the digital transformation of the present and future business landscape? Let's check out.

1. Breakthrough control-driven and authoritative markets

The switch will assist break away from the current oligopoly market for the internet, where only the social media giants are raking in huge earnings.

2. Dissolve boundaries

It will assist in blurring the line between digital content and reality. How? The merging of virtual and augmented reality, 5G networking, and the internet of things (IoT) can connect the boundaries.

3. Sharing data with better privacy

As the technological landscape shifts towards data sharing between organisations, people, and machines, confidentiality and security are expected to be more emphasised.

4. Build a better resilience

New business enterprises can be more resilient to change now that they have a mesh of interlinked peer-to-peer (P2P) communication and governance bonds between participants.

5. Future-proof organisations

Moreover, one can look at future-proofing entrepreneurial and investment activities by virtually removing the platform dependency risks.

While it is still early days for many of these technologies, now is the time for businesses to start learning about Web3, its technologies, features, and benefits. Moreover, they must also begin to experiment with them to become better positioned and have better opportunities in the future.

Author Bio:-

Prit Doshi is a marketing executive having expertise in writing about technology and training insights. He is skilled in SEO and helps brands to rank better with content, and he is currently working at Rapidops Inc., a digital transformation company transforming your idea into digital products