Summary of “How to supercharge your business with blockchain technology and Web3” session at Blockchain Thailand Genesis 2022 -

Blockchain Thailand Genesis 2022

“How to supercharge your business with blockchain technology and Web3” workshopped by Sirada Traijakvanich, Vice President of Business Development of Bitazza

What is Web3?
The World Wide Web is the major tool used by billions of people to exchange, read and write information and communicate with others over the internet.
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The earliest version of the internet was known as Web 1. Consider Web 1 to be the read-only or Syntactic web. Most of the participants were content consumers, while the makers were largely web developers who built websites
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Web2, The interactive read-write and social web. You don’t have to be a developer to participate in the creation process in the Web2 universe. Many apps are designed in such a way that anyone may become a creator.
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You can create thought and share it with the rest of the world. You can also post a video and make it available to millions of others to watch, interact with and comment on in Web2. Youtube, Facebook, Flickr, Instagram, Twitter and other social media are only a few examples of Web 2 applications.
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Web3, read-write-execute verifiable, provides new ownership, incentives and community models and also it involves much more and offers limitless opportunities: Cryptocurrencies, NFTs, Metaverse, DAO, DeFi, Play-to-earn.
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Business should begin to formulate a web3 strategy and begin experimenting with the framework, so that new products, services and business relationships will arise from web3.

What Web3 is used for?
Cryptocurrencies
NFTs – digital currencies and other blockchain entities.
Metaverse – Metaverse is democratizing buying and building real estate, hosting fashion shows, and monetizing video gaming, changing the way we’ll socialize, work, play video games and interact.
DAO – use tokens to distribute ownership and decision-making authority more evenly.
DeFi – entails executing real-world financial transactions

What are the main properties of Web3?
Decentralized Technology – Owning your data
Semantic web – Connecting and interpreting context in the right way
3D graphics – Creating the virtual world
Artificial Intelligence – Ability to learn framework as same as human
Ubiquity – Ability to stay in anywhere, anytime at the same time.

Web3 Application in various industries
It can be built to apply in many different industries: F&B – Restaurants, Cafe, Real Estate, Event Organizer, Concerts, Community Mall, Hotels, Clinic, Wellness, Spa, Retail Shops, Farming, Church, Logistics, Supply chain management, Carbon Footprint and many others.

See more of interview from Thairath news here starting from 2.10 mins

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See more of the event atmosphere here https://bit.ly/3HpdWQo
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*The person in this picture is the person of Bitazza Ltd. This event is held by Bitazza Ltd as marketing partner of Freedomverse Ltd
Disclaimer: Cryptocurrency and digital tokens involve high risks; investors may lose all their investment money and should study all the information carefully and make investments according to their own risk profile.