Business-to-business Web3 involves applying decentralized technologies for inter-company interactions. This utilizes distributed ledger technology for secure data exchange, supply chain management, and automated contract execution without central intermediaries. Such systems aim to enhance transparency, efficiency, and trust in inter-company transactions, moving beyond traditional centralized digital infrastructures.
Context
Discussions around B2B Web3 frequently center on its potential to streamline complex enterprise processes and reduce operational costs. A critical area of observation involves the development of permissioned blockchains and specialized decentralized applications designed for corporate environments. The adoption rate by large corporations and the evolution of industry-specific standards will significantly shape its future impact on global commerce.
The DeFi giant suspended its retail app to concentrate on high-value institutional liquidity, supporting stablecoins like PYUSD and validating a B2B strategy.
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