Web3.0 as a Catalyst for Bridging Global Economic Distances — An Interview with Tomohiko Kondo, SBI VC Trade

What do you think about the current state of the Web 3.0 field?

Tomohiko Kondo (hereinafter Kondo): I believe that the essential impact of crypto assets, blockchain, and the Web 3.0 field is that it will bring global economic distances even closer. Just as airplanes have shortened the physical distance between countries and made it easier for people to travel between countries, I believe that Web 3.0 will play a major role in shortening economic distances and making it easier to transfer economic value between people around the world, by enabling communication with people all over the world.

Web 3.0 is primarily recognized in the context of building a decentralized and decentralized ecosystem with blockchain technology at its core, following Web 1.0, when the Internet appeared and made it possible to view content from all over the world, and Web 2.0, which enabled individuals to disseminate information and communicate two-way, including through SNS platforms. Of course, I don't disagree with this view, but in terms of its impact on people's lives and industry, I believe that Web 3.0 will greatly contribute to the "transfer of economic value" as I mentioned at the beginning. For example, the emergence of Bitcoin made it possible to send value around the world with just an address, and the emergence of stable coins made it easier to transfer value linked to legal tender.