Web3 in 2023: what should we expect?

🧐 We have seen a surge in the development and adoption of Web3 technology over the past few years. What can we expect from Web3 in 2023? Let’s see!

✈️ The decentralized web is expected to grow and develop further in 2023. Some exciting developments can be seen on the horizon, which will define the future of the decentralized web. Pay attention to the following issues:

💎 Continued development of the blockchain infrastructure
The underlying blockchain infrastructure must be reliable and scalable to let the decentralized network reach its potential in full. We can expect further development in such technologies as sharding and L2 solutions in 2023. They will help improve the performance and scalability of decentralized networks.

💎 Wider use of decentralized finance (DeFi)
DeFi is a sub-category of the decentralized network engaged in building blockchain-based financial apps. DeFi is expected to continue to grow and develop in 2023, with increasingly more people using decentralized financial apps.

💎 Preserving uncertainty in regulation
Although the decentralized web features numerous advantages, it is still a relatively new and largely unregulated concept. We will more likely see preserving uncertainty and debate about the best ways to regulate decentralized.

💡 Overall, the decentralized web could largely change the way we use the Internet. Although blockchain technology is in its infancy, we are confident in its further successful application to solving problems of any level: from everyday to state ones.