Web3, also known as Web 3.0, is a term used to describe the next generation of Internet, characterized by the use of decentralized technologies such as blockchain and smart contracts. Web3 trend uses blockchain, digital currency and NFT to return control to the public in the form of ownership. This article will focus on the top 10 Web3 trends to be followed for business development in 2023. First of all, let's understand the Wbe3 trend in the business field.

1、 Key Web3 trends in business

1. Decentralized finance (DeFi): This refers to the use of blockchain technology to create a decentralized financial system, such as a lending platform, whose operation does not require traditional intermediaries such as banks.

2. Tokenization: This refers to the creation of digital tokens to represent assets, such as real estate, art or other valuable items. Tokenization allows the creation of partial ownership and opens up new opportunities for investment and liquidity.

3. Supply chain management: blockchain technology can be used to create anti-tamper records of transactions and shipments, and achieve more efficient and transparent supply chain management.

4. Digital identity: blockchain-based digital identity solutions can provide individuals and enterprises with secure and autonomous ways to prove their identity online.

2、 Top 10 Web3 trends in business in 2023

As early as 2020, digital currency has begun to take root in the market. In addition, the positive development of blockchain, cryptocurrency, metauniverse and NFT commodities has begun. There are many discussions about Web3, the new generation of Internet, and these technological advances.

1. Decentralization technology: blockchain will use the principle of peer-to-peer (P2P) technology in Web 3.0. With Web3, ownership is distributed between creators and users, rather than controlled and owned by a large part of the Internet.

2. Pay more attention to sustainability: one of the biggest (reasonable) obstacles to the universal adoption of blockchain technology is that it often consumes a lot of energy. But more and more network 3 enterprises emphasize ecological awareness in their business models.

3. Artificial Intelligence (AI): AI is one of the most important advances in Web3. It links people together and uses a variety of methods to generate new materials, including pattern learning and artificial intelligence technology. AI and machine learning are other basic features of Web3, and their importance is expanding.

4. Web 3D: This term is used to describe interactive 3D technology that can be used through web browsers. Virtual identity, interaction and so on will become part of 3D interactive online technology, which will be more widely used in Web3.

5. Social network: In Web3, decentralized technology will play an important role in defining social media. As a tool to grant creators the ownership and access rights to their works, the Web3 social platform and NFTs go hand in hand.

6. Brand as a service: BAAS is a newly developed technology in blockchain. Customers can use cloud services to develop digital goods in cooperation with blockchain. This is a regulated industry. In order to connect with these financial services, enterprises and consumers must obtain banking services.

7. Flux: The untrusted data layer of web 3 is called Flux. Flux is a cross-chain oracle that allows smart contracts to access data sources on financial security data. Flux can be used to create decentralized projects and Web3 applications.

8. Semantic Web: The W3C concept of the Internet data network is called the "semantic web". Semantic online uses the web standards applicable to data and documents, much like the data web.

9. NFT will strengthen the Web3 movement: many NFTs are just expensive digital works of art at present. This fact is that some people think that NFT sellers are liars, and the entire NFT market is a huge foam, which will eventually burst.

10. Software for low-code application development: low-code development, also known as visual drag-and-drop development, enables enterprises to create applications faster and reduce manual coding. When Web3 appeared, there was a trend to eliminate the creation of low-code or non-code applications.

conclusion

In order to achieve more intelligent trends and adaptive applications, Web3 will also use machine learning and artificial intelligence. Web3 supports decentralization, which is created, operated and owned by users. It represents the next stage of Internet innovation. These trends are very important because they may overturn traditional business models and create new opportunities for innovation and growth. They make the way of conducting business more efficient, transparent and safe, and open up new opportunities for investment and liquidity.