At the 2023 meeting of Block chain Technology week in Paris, France, a team of professionals working in famous technology companies discussed the current situation of blockchain technology areas.

Natalie Lucrezia Kosal, editor of Cointelegraph, chaired a panel called "the status quo of the 2023 chain." the panel included Ryan Nitz, head of Coinbase's solution architecture, Matthew Savarese, head of Nasdaq Digital Assets's development strategy, Rich Widmann, head of Google's Web3 development strategy, Dante Disparte, chief strategy officer and head of current policies around the world, and CEODenelle Dixon, the Planet Development Foundation.

The panelist discussed a variety of topics and published her views on the current state of the Web3 region, from sharing the core of her company at this stage to his forecast of how it should develop in 2023.

One of the topics discussed in the exchange is the test of the field in 2022. Commenting on the topic, Dipat indicated that he believed that the current state of its franchise stores was "not strong". Even so, the Circle executive sincerely hopes that everyone will continue to build and develop in this test, as can be seen from the more than 1,000 attendees who attended the meeting.

In addition, Disparte also believes that the current situation in this area is a necessary link, similar to the unsuccessful technology and financial industries in the past. He explained:

You need the bursting of the Internet technology bubble to hand over Internet development to ordinary people, business models and investors. You need the financial turmoil of 2008 to promote deeper reforms on Wall Street, even though such reforms and innovations may no longer be successful.

The executive also advised the audience that in these areas, many of the things that are taken for granted have sprung up in response to the failure of the traditional financial system.

In addition, other team members showed people what her company is focused on at this stage. According to Nietz, logging in to password trading center Coinbase is now doing its best to help Web2 get on board and remove barriers to diversity. He explained:

Let's see the evolution of the Web2 brand and quickly participate in the Web3 account and password ecosystem. One of the difficult problems they face is more complicated. That's why at Coinbase, people have been trying to simplify the experience. "

On the other hand, Widmann stressed that while it was important for Web3 to reach out to more users, the Google executive expounded the importance of focusing on meaningful things in this area. "Yes, we should have 1 billion users. Yes, people need more people to use this technology. But when we do it well, we actually have to prove that it is useful, "he said, adding:

"they don't happen just because they follow Web3, they don't happen because people want them to happen, they actually have to give them something to inspire them to walk on their feet."

In addition, Weidman also stressed that Google's focus at this stage is to think about how to remove market barriers and let these leave new Web2 projects like Google, and then go to Web3 enterprises such as Coinbase to develop and design the next new developer that will attract billions of customers.

Savarese participated in the discussion, and he allowed Nasdaq's position. According to Savarese, the exchange company says participating institutions in the Web3 ecosystem are as important as anything else. Savadisha explained:

"the success you see is that in large and medium-sized pension funds or large and medium-sized investment management companies, you can let them know everything from [know your client] KYC to how he buys and sells."

While many team members focused on today and made their views on the state of blockchain technology interior space, Dixon made some predictive analysis for the future. According to the Planetary Development Foundation CEO, 2023 will undoubtedly be shocking and challenging.

"I see. Like, people are in a position where there are a lot of regulators looking at us and saying something, but when people focus on what we really want to do, we can persuade them not to, "she added.