Network economies. An explosive growth of data and the advancing of artificial intelligence, increasing cross-integration of businesses, services, and technologies, consumer-driven business models and globalization are changing the way business is done. The future belongs to businesses that co-create new value beyond their core products, which are more adept at reaching their customer’s interests, which are data-driven and form network economies.
Blockchain.The way to do that is through blockchain technology. Blockchain enables companies to create new vehicles of value through tokenization, share data without breaking customer privacy, and create new financial infrastructure.
Web 3.0. Through blockchain, the Internet is becoming Web 3.0. Web 1.0 was simple, consisting of static pages where users were consumers, not producers of content. Web 2.0 based around the idea of web as a platform, where users created and monetized content, while big tech controlled the platforms. Web 3.0 brings forth decentralization and token-based economics to diminish the influence of large technology companies, while bringing forth data security, scalability, and privacy for users.
Enterprise Web3. Three growth drivers fuel Web3 and the blockchain market. First, the crypto-adopters and DeFi-native solutions, which are the earliest and the increasingly saturating space. Second, emergent markets with weaker “traditional” financial institutions. Third, are the enterprises that adjust to this new paradigm.
Hybrid networks. Enterprises need the ability to form network economies, which are open to new participants and thus capable of growth. However, with untrusted environments, they must have control over governance, data compliance, and the business applications. Most blockchains emerged from old paradigms of single-level, payment (crypto) processing networks and do not allow such flexibility. A Web3 platform must have hybrid permissions.
Must-have capabilities. Moreover, a Web3 platform must be integrative to other major blockchain ecosystems to truly occupy a meaningful segment of the fractured market. It must provide the ability to identify assets, businesses, and individuals, while keeping such sensitive information hidden from human operators and potential leaks (off-chain calculations, and management of data).
DGT is Web 3.0. DGT Network embodies these qualities that are a necessity for enterprise Web3. Its journey starts within creating native turnkey tokenization capabilities and allowing companies to create effective data ecosystems. As it grows, DGT Network wants to become a universe of solution providers, fintech companies, and enterprises, working together in the Web3 universe all over the DGT protocol.
