How to Build Solid Infrastructure for Web3? | European Blockchain Convention 9

Wed, Oct 2, 2024, 12:00 AM

In the panel discussion on Web3 infrastructure, experts underscored the swift evolution of blockchain technology, emphasizing efforts to enhance user-friendliness and scalability in applications. A key focus was on onboarding the next billion users to Web3 by tackling security concerns and advocating for a hybrid approach that blends centralization and decentralization. Central themes included the principles of transparency, trust, and the overarching vision of constructing a decentralized, free society. The conversation delved into the intricate interplay between regulatory frameworks and Web3's decentralization ethos, stressing the importance of judicious application across different layers. The panel explored diverse facets of Web3 infrastructure, encompassing the regulatory landscape, the transformative role of tokenization, and the imperative of a hybrid model in the crypto industry.Also, the speakers addressed challenges posed by overregulation and the risk of regulatory capture, advocating for a constructive dialogue between the crypto community and regulators. Amidst the challenges discussed, the panelists expressed optimism regarding the trajectory of Web3 infrastructure in the next five years. They anticipated heightened adoption and a paradigm shift, with decentralized systems becoming an intrinsic facet of daily life. Envisioning a future where blockchain seamlessly operates in the background akin to cloud computing or internet banking, the speakers anticipated its integration as an integral yet unobtrusive element of our daily lives. --------- Speakers: Benedikt Faupel, Bitkom | Bitkom (moderator) Ghan Vashishtha | Zeeve Joe Rotondi | Unit Network Patxi Barrios | Telefónica Demetrios Skalkotos | expand.network Adnan Alisic | Biokript --------- The European Blockchain Convention is the most influential blockchain event in Europe. Follow us to find out more 👇 Linkedin: https://www.linkedin.com/company/european-blockchain-convention/ Twitter: https://twitter.com/EBlockchainCon Instagram: https://www.instagram.com/eblockchainconvention/