When Digital Economy Meets Web3.0: Applications and Challenges

With the continuous development of web technology, Web3.0 has attracted a considerable amount of attention due to its unique decentralized characteristics. The digital economy is an important driver of high-quality economic development and is currently in a rapid development stage. In the digital ec...

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Main Authors: Chuan Chen, Lei Zhang, Yihao Li, Tianchi Liao, Siran Zhao, Zibin Zheng, Huawei Huang, Jiajing Wu
Format: Article
Language:English
Published: IEEE 2022-01-01
Series:IEEE Open Journal of the Computer Society
Subjects:
Online Access:https://ieeexplore.ieee.org/document/9931409/
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author Chuan Chen
Lei Zhang
Yihao Li
Tianchi Liao
Siran Zhao
Zibin Zheng
Huawei Huang
Jiajing Wu
author_facet Chuan Chen
Lei Zhang
Yihao Li
Tianchi Liao
Siran Zhao
Zibin Zheng
Huawei Huang
Jiajing Wu
author_sort Chuan Chen
collection DOAJ
description With the continuous development of web technology, Web3.0 has attracted a considerable amount of attention due to its unique decentralized characteristics. The digital economy is an important driver of high-quality economic development and is currently in a rapid development stage. In the digital economy scenario, the centralized nature of the Internet and other characteristics usually bring about security issues such as infringement and privacy leakage. Therefore, it is necessary to investigate how to use Web3.0 technologies to solve the pain points encountered in the development of the digital economy by fully exploring the critical technologies of digital economy and Web3.0. In this paper, we discuss the aspects of Web3.0 that should be integrated with the digital economy to better find the entry point to solve the problems by examining the latest advances of Web3.0 in machine learning, finance, and data management. We hope this research will inspire those who are involved in both academia and industry, and finally help to build a favourable ecology for the digital economy.
format Article
id doaj-art-3fc27eb758d1408aac5233dff1654424
institution Kabale University
issn 2644-1268
language English
publishDate 2022-01-01
publisher IEEE
record_format Article
series IEEE Open Journal of the Computer Society
spelling doaj-art-3fc27eb758d1408aac5233dff16544242025-08-25T23:19:05ZengIEEEIEEE Open Journal of the Computer Society2644-12682022-01-01323324510.1109/OJCS.2022.32175659931409When Digital Economy Meets Web3.0: Applications and ChallengesChuan Chen0https://orcid.org/0000-0002-7048-3445Lei Zhang1https://orcid.org/0000-0001-7381-0619Yihao Li2Tianchi Liao3Siran Zhao4Zibin Zheng5https://orcid.org/0000-0001-7872-7718Huawei Huang6https://orcid.org/0000-0002-7035-6446Jiajing Wu7https://orcid.org/0000-0001-5155-8547School of Computer Science and Engineering, Sun Yat-sen University, Guangzhou, ChinaSchool of Computer Science and Engineering, Sun Yat-sen University, Guangzhou, ChinaSchool of Computer Science and Engineering, Sun Yat-sen University, Guangzhou, ChinaSchool of Software Engineering, Sun Yat-sen University, Zhuhai, ChinaSchool of Computer Science and Engineering, Sun Yat-sen University, Guangzhou, ChinaSchool of Software Engineering, Sun Yat-sen University, Zhuhai, ChinaSchool of Software Engineering, Sun Yat-sen University, Zhuhai, ChinaSchool of Computer Science and Engineering, Sun Yat-sen University, Guangzhou, ChinaWith the continuous development of web technology, Web3.0 has attracted a considerable amount of attention due to its unique decentralized characteristics. The digital economy is an important driver of high-quality economic development and is currently in a rapid development stage. In the digital economy scenario, the centralized nature of the Internet and other characteristics usually bring about security issues such as infringement and privacy leakage. Therefore, it is necessary to investigate how to use Web3.0 technologies to solve the pain points encountered in the development of the digital economy by fully exploring the critical technologies of digital economy and Web3.0. In this paper, we discuss the aspects of Web3.0 that should be integrated with the digital economy to better find the entry point to solve the problems by examining the latest advances of Web3.0 in machine learning, finance, and data management. We hope this research will inspire those who are involved in both academia and industry, and finally help to build a favourable ecology for the digital economy.https://ieeexplore.ieee.org/document/9931409/BlockchainDAOdigital economymetaverseprivacy computingWeb3.0
spellingShingle Chuan Chen
Lei Zhang
Yihao Li
Tianchi Liao
Siran Zhao
Zibin Zheng
Huawei Huang
Jiajing Wu
When Digital Economy Meets Web3.0: Applications and Challenges
IEEE Open Journal of the Computer Society
Blockchain
DAO
digital economy
metaverse
privacy computing
Web3.0
title When Digital Economy Meets Web3.0: Applications and Challenges
title_full When Digital Economy Meets Web3.0: Applications and Challenges
title_fullStr When Digital Economy Meets Web3.0: Applications and Challenges
title_full_unstemmed When Digital Economy Meets Web3.0: Applications and Challenges
title_short When Digital Economy Meets Web3.0: Applications and Challenges
title_sort when digital economy meets web3 0 applications and challenges
topic Blockchain
DAO
digital economy
metaverse
privacy computing
Web3.0
url https://ieeexplore.ieee.org/document/9931409/
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