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Web3 and Blockchain applications are making a significant impact on the landscape of future technology in trade finance, ESG, cross boarder payments, real-world asset tokenization, healthcare, real-estate and more. With the onset of emerging technology, many new ideas will be conceived along with identifying use cases to optimize and streamline existing processes and products. All these ideas need to be developed and tested to see which applications will ‘fail fast’ and which ones have enough market approval to move forward to the next phase of development.
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