TechFlow news, according to the Korea Economic Daily, Oh Sae-hyun, Executive Vice President of South Korean telecom giant SK Telecom, predicted during a keynote speech at UDC 2023 that the virtual asset market, including Bitcoin, will see significant growth if legal risks such as the FTX scandal are resolved. She also forecasted that 70% of new value creation over the next decade will be based on digital platform businesses, and infrastructure such as Web3 will be crucial in supporting this growth.
Web3 plays a vital role in enabling the development of such businesses by providing trust-based infrastructure. As such, the advancement of Web3 technologies will be instrumental in shaping the digital economy.
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