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.

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;

Developing more inclusive financial systems by

• 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.