A bright future for the ICP blockchain?
Dominic Williams also discussed several reasons why Internet Computer could revolutionize the world of blockchain. According to him, Internet Computer, with its investment in research and development, can boast of a notable technological advance over its competitors.
This third-generation platform offers complete decentralization, allowing services to be built entirely on the blockchain, a feat that previous generations could not achieve. This unique ability of Internet Computer to operate as a true decentralized crypto cloud is essential to realizing the vision of web3, where security, resilience and user experience are greatly improved.
Next, Internet Computer introduces a revolutionary feature with its “chain key” technology, allowing direct interoperability with other blockchains. This innovation paves the way for DeFi 2.0 services and decentralized finance on Bitcoin, by allowing Internet Computer smart contracts to process and interact directly with assets and contracts on other blockchains. This unprecedented multichain approach promotes complete decentralization of web3 services, positioning Internet Computer as a pillar of the future Web3 ecosystem, combining security, efficiency and innovation.
Finally, Internet Computer’s commitment to developing a new generation of DAOs and open Internet services is crucial to its future success. These advanced DAOs enable direct community control and ownership, making updates and configurations completely secure and transparent.
This democratization of access to the technological economy, where projects can raise funds from anywhere, will encourage the emergence of technological startups managed by DAOs.
