π³An Urgent Need for New Solutions
Due to the existence of numerous issues, Web3.0 has not yet truly taken shape. The transition of Bitcoin from being questioned to widely used, promoting transformation in the financial sector, lies in the recognition of the dangers in the old world. If the internet continues to develop on a centralized path, users face even greater dangers. The blockchain technology introduced by Bitcoin greatly boosted confidence in improving the centralized internet, giving developers the ability to eliminate the problems present in Web2.0. The formation of Web3.0 cannot be separated from leveraging the successful experiences of Web2.0. Web3.0 can gradually establish a new ecosystem, form new network effects, and bring positive cycles to human life and production. It can fundamentally promote the transformation of the socio-economic system, achieving true individual sovereignty and fairness.
Therefore, the industry urgently needs a system prepared for all humanity, where data is controlled by users, and a trustworthy identity system with protected privacy.
In light of the development dilemmas of Web3.0 and humanity's hopeful expectations for the digital age, after researching different blockchain scalability solutions and underlying protocols, ME Labs has spent 4 years developing and constructing a solution that realizes a genuine and valuable connection between Web3.0 and the real worldβME Network. Focusing on data privacy protection and equal sovereignty rights, based on KYC functionalities for verification and governance, it is a high-performance and infinitely scalable modular blockchain multi-dimensional fusion network.
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