According to media reports, the China Society of Information Economics recently predicted that “in five to eight years, the Internet will be very revolutionary, this is Web 3.0.” In addition, Hong Kong Financial Secretary Paul Chen Maobo recently said that the blockchain technology behind Web 3.0 has the characteristics of disintermediation, security, transparency, and low cost, which can solve many difficulties in finance, transactions, business operations, and even life.
Recently, Huawei Cloud officially released a series of innovative Web3.0 series products, node engine service NES, Optimus Enclave secret computing, and other blockchain services for the industry.
Grasp the Web 3.0 development
Citic Securities believes that Web 3.0 is the next generation of Internet form with blockchain and other technologies as the core, which is regarded as one of the important development directions of the Internet in the future.
Guosen Securities believes that grasping the trend of cutting-edge technology, paying attention to the application of ecological progress and industrial landing may. Web 3.0 is expected to become an important organizational form of the next generation of the Internet. The development of new technologies such as AIGC, VR / AR / MR, and so on is expected to enrich its application ecology and landing scenarios, and the integration of Web3.0, AIGC, VR / AR / MR, and other formats is also expected to become the cornerstone of the metaverse.
Simply put, Web 3.0 represents an open, decentralized, user-centric network ecosystem. At present, the connotation and extension of the Web 3.0 concept are still being enriched and expanded. This is a fundamental technological change, covering high-performance chips, high-performance computing clusters, high-performance networks, VR, digital twins, digital modeling, image rendering, cryptography, blockchain, artificial intelligence, edge computing, cloud computing, and other cutting-edge technologies.
Web3.0 has a positive value for the development of the digital economy
In terms of technology application, Web 3.0 should emphasize serving the real economy as the core and also needs new economic growth points. Among them, Web 3.0 and Metaverse may reconstruct the traditional business model and stimulate new economic growth points.
According to GrandView, the global Web 3.0 blockchain market is expected to reach $33.53 billion by 2030, with a compound annual growth rate of 44.9% from 2022 to 2030. According to McKinsey’s research, 95% of senior executives expect Metaverse to have a positive impact on their industry within five to 10 years. The future of Web 3.0 is worth looking forward to.
Web 3.0 has a clear positive value for the development of the digital economy and industry evaluation. The development of Web 3.0 should focus on strategic positioning and policy orientation such as innovation-driven, independent, and controllable technology, and serving the development of the real economy. In terms of technological innovation, Web 3.0 should emphasize technology autonomy and control as the core. Web 3.0 still faces the same challenges as Web 2.0.
Indeed, we are currently at an important time point in the evolution from Web 2.0 to Web 3.0. We should seize and make good use of this major historical opportunity and write a new chapter of high-quality economic development. At the same time, strengthening the forward-looking research and strategic prediction of Web 3.0 is undoubtedly of great significance to China’s future Internet infrastructure construction.
On the contrary, China attaches great importance to digital transformation and the development of the digital economy. In recent years, it has been proposed that by 2025, China’s digital economy will enter the expansion period of Web 3.0, and the added value of the core industries of the digital economy will account for 10% of GDP.
As Soochow Securities said, still maintaining a positive attitude towards future changes, the continued introduction of policies also contributes to the healthy development of the Web 3.0 industry.
WiMi Hologram Cloud captures the Web 3.0 development opportunities
Admittedly, with the current iterative innovation of various information technologies, the Internet is showing a trend of evolution to the next generation. The evolution of the Web 3.0 era may trigger a new round of information revolution, further profoundly changing people’s lives, work, and all aspects of society. Web 3.0 is a rapidly developing industry. It is understood that WiMi Hologram Cloud (NASDAQ: WIMI) actively pays close attention to the industrial opportunities brought by Web 3.0 technology innovation, gives full play to the innovative spirit and competition, and selects the best. It is expected to promote the in-depth development of the industry and the industrial chain through top-level design and the implementation of relevant industrial layouts and development.
Into the new Web3.0 track, on the premise of developing Web3.0 core technology, constantly improving the underlying infrastructure of Web3.0, WiMi Hologram Cloud explores the implementation of Web3.0 application scenarios in more fields, enables digital transformation, and helps high-quality economic development. At present, it focuses on the research and development of Web 3.0 key underlying technologies such as AR, AI, 5G, and edge computing. Whether from virtual to real, or from real to virtual, it is committed to helping users achieve more real experiences, mainly focuses on serving the real economy scene, and greatly promotes the development of innovative activities in the field of the digital economy.
The rise of Web 3.0 is a disruptive technological change. It is worth mentioning that the AI technology represented by ChatGPT is a revolution in the field of productivity, while Web 3.0 is a revolution in the field of production relations. The two are complementary to each other and can empower each other. WiMi Hologram Cloud The AI technology has been derived and expanded through Web3.0, covering social networking, education, entertainment, e-commerce, games, finance, and other fields, promoting the comprehensive digitalization of the economy and society, and providing a strong impetus for the high-quality development of the digital economy.
To sum up
Web 3.0 is essentially a technological revolution. In the short term, the next 5 to 7 years will still be the exploratory period of Web 3.0, and there are still a large number of technical, application, and ecological development problems to be solved. In the long term, the Web 3.0 technology ecosystem is expected to become an important innovative force in promoting the next-generation Internet revolution. Practitioners will enter the Web 3.0 industry to boost the development of Web 3.0. Meanwhile, objectively, it will also contribute to the development of the digital economy industry. Looking back at the speed of technology development over the past decade, we have more expectations for the coming Web 3.0 era.
