How Public, Private Entities Can Bolster Cybersecurity as Web3 Gains Traction
Web3’s future will depend on the deployment of precise and effective cybersecurity to ensure digital transactions and assets are secure. Considered the next iteration of the internet, Web3 is built on decentralized blockchain technology and is controlled by users communally. With the global digital landscape predicted to develop and expand rapidly in the coming years, cybersecurity is becoming even more crucial. However, the nascent Web3 industry still struggles to maintain comprehensive security and has dealt with cyber threats several times in the past. In most cases, unscrupulous players and general human element are responsible for the cyber threat against Web3…