Kapten
@captainclogs
[1] This year Web3 experienced a growth of about 45%. The Web 3.0 industry is poised for significant growth, driven by several key factors such as the increasing need for data privacy facilitated by Web 3.0's decentralized identity. Blockchain technology ideally allows users to take control of their data, creating a shift from data-hungry centralized platforms to individual empowerment. This trend attracts users and businesses looking for better privacy and security. #swtr #swisstronik #web3 #Defi
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Kapten
@captainclogs
[2/5]However, some of its challenges have not been answered until now, such as some negative phenomena of the industry, namely the rise of staging, cryptocurrency fraud and other legal issues in the web3 industry, which will be its challenge in the future. #swtr #swisstronik #blockchain #web3
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Kapten
@captainclogs
[3/5] In response to these challenges and along with the growing demand for web3 compliance solutions and increasingly stringent regulations, SWTR will play an increasingly important role as the swisstronik blockchain will help web3 to comply with regulations without compromising their principles and missions such as Privacy and Decentralization. Swisstronik enables Web 3.0 and traditional enterprises to build KYC, AML and DPR compliant applications with enhanced data privacy. #swtr #swisstronik #blockchain #CosmosSDK
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