Luiz Octavio Gonçalves Neto, CEO and founder of Dux, had the opportunity to discuss an important issue that has the potential to shape the future of the world: Web3 and its ability to make the world a better place. The CEO participated in the Web Summit Rio 2023.
Web3, also known as The decentralized internet is a technological revolution that aims to shift the balance of power from central authorities to individuals.. It is an infrastructure with the potential to transform industries and empower people from all walks of life. However, like any innovation, Web3 is agnostic about the result it produces and depends on how it is used.
Luiz Octavio points out that the use of Web3 depends on a collective commitment to ethical values and the pursuit of a common goal: to improve the world in which we live.. This requires promoting open dialogue, fostering cooperation between different stakeholders, and actively working to eliminate the inequities that plague our current systems.
“One of the most promising aspects of Web3 is its potential to democratize access to information and resources, removing barriers and promoting peer-to-peer interactions. This can empower individuals and communities to create, share and thrive, enabling collaboration and the development of projects that directly respond to their needs, free from bureaucratic constraints.”, stated the CEO.
To make this vision a reality, we must invest in education and digital literacy, empowering people with the skills and knowledge to navigate and harness the power of Web3. It is also necessary create environments conducive to innovation, fostering collaboration between entrepreneurs, researchers and policy makers.
Luiz Octavio concluded by reversing the initial question:it is possible to use Web3 to create a better world? The answer goes through the commitment to ethical values and the search for a common goal of improving the world in which we live, fostering transparency, inclusion and collaboration.
“Web3 has the potential to redefine the way we interact with each other, reshape industries and institutions, and create a more equitable, transparent, and collaborative world.“, he sentenced.
Disclaimer: The information and/or opinions expressed in this article do not necessarily represent the views or editorial line of Cointelegraph. The information presented here should not be taken as financial advice or investment recommendation. All investment and commercial movement involve risks and it is the responsibility of each person to do their due research before making an investment decision.
It may interest you:
Investments in crypto assets are not regulated. They may not be suitable for retail investors and the entire amount invested may be lost. The services or products offered are not directed or accessible to investors in Spain.