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Role of blockchain in web 3.0 – Check now!

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One of the key features of blockchain is its ability to enable decentralized applications (dApps).

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01.

Decentralization 

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Blockchain technology is known for its ability to provide secure and tamper-proof transactions.

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02.

Security 

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Blockchain technology is transparent, meaning that all transactions are recorded on a public ledger.

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03.

Transparency 

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Blockchain technology has the potential to increase efficiency in many industries, by reducing the need for intermediaries and streamlining processes. 

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04.

Efficiency 

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In the web 3.0 era, where data is a valuable asset, blockchain can help to manage and protect data.

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05.

Data management

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Blockchain can be used to create digital identities that are unique, secure and portable.

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06.

Identity management

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Blockchain has the potential to transform supply chain management, by providing transparency and traceability throughout the supply chain.

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07.

Supply chain management

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Blockchain technology enables the creation of smart contracts, which are self-executing contracts that can automate complex processes and reduce the need for intermediaries.

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08.

Smart contracts

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Blockchain can be used to tokenize assets, such as real estate or artwork, and create digital versions that can be easily bought and sold.

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09.

Asset tokenization

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Blockchain can be used to create decentralized autonomous organizations (DAOs), which are organizations that are governed by a set of rules that are encoded into smart contracts.

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Governance