The reason why Web3 is a value network stems from the combination of blockchain and encryption algorithm, which makes it possible to endow the network and information system with the ability to realize 'code is law' through protocol. It essentially improves the commercial contract tools, improves the efficiency of financial transactions and the commercial performance ability, thus improving the overall operation and production efficiency of society.
Web3 Value Network
AI-generated summary
Web3 is a value network that combines blockchain and encryption algorithms to enable "code is law" through protocol. This improves commercial contract tools, financial transaction efficiency, and overall societal production efficiency.