Overcoming the Usability Roadblock in Web3
The most recent episode of Hashing It Out delves into one of the ongoing challenges of Web3: usability. Host Elisha Owusu Akyaw discusses with Moe El-Shibib and Selim Sezgin, co-founders of Ponder One, about the obstacles hindering mainstream adoption and the technologies that could simplify blockchain interactions for everyday users. Despite the growth of Web3, usability remains a significant obstacle, with many users facing difficulties in onboarding, navigating DeFi platforms, and managing assets across different chains. The interview emphasizes that while technical innovation has advanced, user experience has lagged behind, resulting in complex blockchain interactions for newcomers. The discussion also explores AI-driven solutions that can streamline blockchain transactions by automating swaps, bridging, and decision-making processes, reducing the reliance on technical expertise. Additionally, the focus is on crosschain functionality to enable seamless interactions across blockchains without the need for manual network switching. Decentralized governance is highlighted as a crucial factor in shaping Web3 applications, with the Ponder One team stressing the importance of community-driven decisions in voting on integrations and protocol developments. The industry is moving towards real-world assets, AI-driven applications, and improved accessibility to DeFi as innovation progresses, with broader adoption depending on simplifying blockchain technology for users. This episode provides valuable insights into the current challenges and future developments of Web3, emphasizing the necessity for a more user-friendly and accessible blockchain ecosystem. Listen to the complete episode of Hashing It Out on Cointelegraph's podcast page, Spotify, Apple Podcasts, or your preferred podcast platform, and explore Cointelegraph's full range of other shows. Magazine: The fascination of crypto enthusiasts with longevity and biohacking explained.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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