The nascent Web3 space is expected by many to eventually replace the World Wide Web and become the next iteration of the internet. Powered by blockchain technology, Web3 will provide users with ownership and control over their data by espousing the principles of privacy preservation, trustlessness, interoperability and decentralization.
However, to minimize the risk of Web3 collapse, players in the burgeoning space will have to invest in robust multichain compatibility. Multichain compatibility is a…
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