Web3-Driven Edge Network
The convergence of Web3 technologies and smart contracts has profoundly transformed how businesses and edge networks operate. Due to the openness and immutability of blockchain technology, adopting business models driven by Web3 and smart contracts can establish higher levels of trust compared to traditional centralized networks.
Embracing Web3 and smart contract technologies can significantly reduce operational costs compared to traditional business models. For instance, automating business management through smart contracts lowers operational overhead, while decentralized blockchain technology eliminates the need for intermediaries, leading to a considerable reduction in transaction fees.
The innovative tokenomics incentive model has played a key role in driving user participation and enthusiasm for edge networks and ecosystems. By utilizing PoW (Proof of Work) with token rewards, this system effectively motivates users to contribute to the growth of edge networks and their underlying AI infrastructure.
Last updated