Cointime

Download App
iOS & Android

What are the future development trends of China Web 3.0? This whitepaper provides the answer.

Validated Media

On the morning of May 27, 2023, the Beijing Municipal Science and Technology Commission and the Zhongguancun Science and Technology Park Management Committee released the "White Paper on Innovative Development of Beijing's Web 3.0 (2023)" (hereinafter referred to as the "White Paper") during the parallel forum on "Web 3.0: Future Development of the Web Industry" at the Zhongguancun Forum.

The release of the "White Paper" aims to further consolidate industry consensus and promote industrial development. It represents another important initiative by the Municipal Science and Technology Commission and the Zhongguancun Management Committee to drive the development of Web 3.0 industry. The "White Paper" provides a systematic analysis and exposition on the essence, system architecture, domestic and international development status, as well as the current development and recommendations in Beijing.

"The White Paper asserts that Web 3.0 is the culmination of modern science and technology, representing an inevitable trend for the future development of the Web industry. It embodies a highly immersive interactive experience and the fusion of virtual and physical dimensions in a three-dimensional space. This encompasses both the sensory immersion of virtual and physical integration and the seamless integration of economic activities, encompassing the concepts of metaverse and Web3. The White Paper delineates the architecture of the Web 3.0 system into four layers: infrastructure layer, interaction terminal layer, platform tool layer, and application layer. The infrastructure layer provides essential support for the operation of Web 3.0, encompassing technologies such as artificial intelligence, blockchain, computing chips, and communication networks. The interaction terminal layer offers devices and technological support for perceiving and interacting with the virtual and physical worlds, including XR terminals, holographic imaging, and brain-computer interfaces. The platform tool layer provides technical support for constructing behavioral subjects and digitized environments in virtual spaces, involving technologies such as digital content production and digital twinning. The application layer serves various sectors such as consumer entertainment, industrial manufacturing, government services, and urban management, with digital humans, virtual spaces, and digital asset circulation service platforms being typical application carriers that showcase the characteristics of Web 3.0. The White Paper provides a detailed analysis of the key core technologies and industrial application directions involved in Web 3.0."

From the perspective of industrial development, the "White Paper" believes that the current research hotspots in the Web 3.0 industry include generative artificial intelligence, XR interactive terminals, content creation tool platforms, etc. Tech giants such as Apple, Meta, Microsoft, Google, NVIDIA, Baidu, ByteDance, and Tencent have all made efforts in layout and have taken the lead in industry development. Emerging applications such as digital humans and digital collectibles are rapidly developing and innovators are exploring their applications. Web 3.0 social organizations are showing active performance, and the capital market is gradually returning to rationality. At the national level, the United States is leading the global development of the Web 3.0 industry, Europe focuses on privacy protection, and Japan and South Korea strive to become leaders in Web 3.0. Local governments in China are actively promoting development, with over 30 provinces and cities issuing supportive policies, particularly Beijing, Shanghai, Guangzhou, Hangzhou, and other cities, showing great enthusiasm.

Based on an analysis of the current status and trends of Web 3.0 development, the "White Paper" points out that Beijing's Web 3.0 industry development still faces challenges in terms of technological and talent support, industrial chain integrity, and legal regulations. In the next step, Beijing will strengthen policy support and organizational guarantee, accelerate technological breakthroughs and the construction of shared platforms, promote the development of "Web 3.0+" application scenarios, carry out effective risk supervision, and create a favorable ecological environment for innovative development of Web 3.0 in Beijing.

Comments

All Comments

Recommended for you

  • Another Iranian Oil Tanker Returns to Iran After Breaking US Blockade

    On April 21, according to CCTV News, maritime intelligence company 'TankerTrackers' reported that a tanker belonging to the National Iranian Tanker Company returned to Iran after unloading approximately 2 million barrels of crude oil in Indonesia, crossing the relevant maritime blockade line. The tanker is currently en route to Iran's main oil export hub, Khark Island, and is expected to arrive on April 22 local time. It is reported that the tanker set sail from Iran in late March, heading towards the Riau Islands of Indonesia.

  • White House: US and Iran on the Verge of Reaching an Agreement

    On April 21, White House Press Secretary Kayleigh McEnany stated in an interview with Fox News on the evening of the 20th that the United States and Iran are on the "verge of reaching an agreement." McEnany remarked, "The US has never been closer to achieving a truly good deal." However, she did not disclose any information regarding the current status of the negotiations. McEnany noted that even if an agreement is not reached, President Trump has multiple options and is not afraid to utilize these measures. Previous actions have demonstrated that Trump is not just "bluffing."

  • Kelp DAO Attacker Transfers 30,800 ETH to Special Address

    On April 21, news emerged that, according to monitoring by PeckShield, the Kelp DAO attacker transferred 30,800 ETH to a special address starting with 0x00000, possibly indicating a destruction action.

  • Trump: 'Midnight Hammer' Completely Dismantled Iran's Nuclear Dust Base

    On April 21, U.S. President Trump stated that the 'Midnight Hammer' operation has completely destroyed the 'nuclear dust' base within Iran. As a result, the cleanup will be a long and arduous process. The fake news media, including CNN and other corrupt media networks and platforms, have failed to give our great pilots the credit they deserve, instead always attempting to belittle and undermine them. They are losers!!! (Dongxin News Agency)

  • BTC Drops Below $76,000

    Market data shows that BTC has dropped below $76,000, currently priced at $75,999.63, with a 24-hour increase of 1.68%. The market is experiencing significant volatility, so please ensure proper risk management.

  • Japan Officially Allows Export of Lethal Weapons Through Cabinet Resolution

    On April 21, according to Kyodo News, the Japanese government officially revised the 'Three Principles on Transfer of Defense Equipment' and its operational guidelines during a cabinet meeting, which will, in principle, allow the export of lethal weapons. (Xinhua News Agency)

  • Trump Claims Iran Will Negotiate

    On April 21, during a phone interview with CNN, U.S. President Trump stated that Iran "will negotiate" and expressed confidence in potential talks set to take place in Pakistan. Trump remarked, "They will negotiate; if they don't, they will face unprecedented problems." He also expressed hope that both sides could reach a "fair agreement" and emphasized that Iran "will not have nuclear weapons." Additionally, he defended military actions against Iran by stating there was "no choice" and claimed that they would ultimately "wrap things up."

  • Amazon to Invest Additional $5 Billion in Anthropic

    On April 21, Amazon announced on Monday that it will invest an additional $5 billion in the artificial intelligence company Anthropic, bringing the total investment to as much as $20 billion. Anthropic develops the Claude chatbot and programming tools, and plans to invest over $100 billion in Amazon's cloud technology and chips over the next decade.

  • Three U.S. Carrier Strike Groups May Deploy Simultaneously in the Middle East

    On April 21, according to CCTV, the U.S. military is expected to deploy three carrier strike groups simultaneously in the Middle East in the coming days. Currently, the USS Lincoln strike group is stationed in the Gulf of Oman, near the Strait of Hormuz, participating in maritime blockade operations; the USS Ford strike group is located in the northern Red Sea; and the USS Bush strike group, which is taking a route around Africa, is heading north from the southeast of Africa and is expected to enter the Arabian Sea—this carrier may replace the USS Ford in its mission. In the short term, the U.S. military may have three aircraft carriers in the Middle East.

  • BTC Surpasses $76,000

    Market data shows that BTC has surpassed $76,000, currently priced at $76,039.83, with a 24-hour increase of 1.67%. The market is highly volatile, so please ensure proper risk management.