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Why is Web3 and Metaverse the Future?

Fintelics
5 min readDec 9, 2022

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Why is Web3 and Metaverse the Future?

By eliminating distance, linking everything and every individual, and releasing these enormous flows of data, the internet has proved to be the biggest disruption ever since the invention of the printing press. Within a matter of decades, it remolded a substantial portion of the world, allowing for considerable progress and change while showing the various challenges that accompany such a transformation. Furthermore, there exists an increasing need for interoperability and standardization throughout several systems or services, more consistency surrounding market fragmentation, user interfaces that are smoother and more intuitive, and governance that can efficiently regulate experiences and content while still catering to progress. To overcome obstacles from the Web2 age and enable the next stage of the internet: the metaverse and Web3, smart collaboration and oversight by regulators and providers might be essential.

As we move more into a world where the physical and digital are blending increasingly together, better incorporation, protocols, and standards that are more modern are needed, as are people who are more capable of controlling their digital selves and everything they represent, like their identity, and who can access the data they produce and what they own. Just like how we…

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Fintelics
Fintelics

Written by Fintelics

Software consulting company that focuses on emerging technology such as AI, Blockchain, Cloud Computing, and Data Engineering, MERN Stack, and Fintech

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