Firms must learn first how Web3.0 will impact operations, profit: Report

As entrepreneurs make a beeline to launch Blockchain and Web3.0 startups, an IDC study has said that firms need to first gain a clear understanding of the current technology and how it will impact their shift towards Web3.0.

Over the last few years, there have been concerted efforts to build an efficient, decentralised, and more trustworthy internet to address issues of control, privacy, security, and trust, and at the same time, support the seamless, transparent, and cost-efficient interactions and transactions central to our digital economy.