Xinhua News Agency: Accelerating the construction of Web3.0 application scenarios is expected to reshape the new ecosystem of the Internet

It is reported that the reporter of the “Half Moon Talk” hosted by the Xinhua News Agency recently released an article saying that with the rise and fall of new technology concepts such as the Meta Universe and NFT, the current Internet, which has been running steadily for many years, is facing restructuring risks, and the challengers are trying to break the industry monopoly by using decentralization as a sharp edge. At present, many governments have paid close attention to and actively explored the development of Web3.0. Standardization organizations are carrying out technical research and standard formulation around key directions such as distributed identification and digital assets. The scale and quantity of Web3.0 investment and financing continue to grow. Internet enterprises and enterprises from other industries are looking for new industrial opportunities through Web3.0.

Interpretation of this information:

The author of “Half Moon Talk” hosted by Xinhua News Agency suggests that the current Internet is facing the risks of restructuring due to the rise and fall of new technology concepts like the Meta Universe and NFT. According to the article, challengers are using decentralization as their sharp edge to break the industry monopoly. The governments are actively exploring the development of Web3.0, and various standardization organizations are researching technology and formulating standards around distributed identification and digital assets. The quantity and scale of Web3.0 investment and financing continue to grow, and Internet and other industry-based enterprises are looking for new opportunities through Web3.0.

It is no secret that the world of technology is evolving at a rapid pace, and the status quo of the Internet could be fleeting. In recent years, the Meta Universe and NFT have emerged as new technology concepts, the rise and fall of which has disrupted the steady quality of the Internet we know. According to this article, there is a chance that the current Internet could undergo restructuring risks due to the impact of these new concepts.

However, it’s not all doom and gloom for the Internet. The challengers trying to exploit decentralization as a sharp edge to break industry monopolies appear to be the key driving force to explore and develop Web3.0. Many governments are exploring Web3.0’s potential, and leading standardization organizations are researching the technical aspects and standards of this technology. The growing quantity and scale of investments and financing in Web3.0 reflect the industry’s increasing interest in its future possibilities.

To summarize, the 400-word interpretation of the article concludes that the current Internet is at risk of restructuring because of the impact of new technology concepts such as the Meta Universe and NFT. However, by exploiting decentralization as a sharp edge, Web3.0 could also provide the breakthrough that the industry needs. Governments and standardization organizations are exploring the potential of Web3.0, and both Internet and non-Internet-based companies have an interest in finding new opportunities in this emerging technology.