Head of Google Cloud Web3: Web3 should focus on solving business problems rather than focusing on token prices

Odaily Planet Daily News James Tromans, head of Google Cloud Web3, said in an interview that Web3 should focus on solving business problems rather than focusing on token prices. Tromans said that blockchain and smart contracts can bring innovation, reduce operating costs and new revenue streams. Tromans further said: “In the past 12 to 15 months, interest in using blockchain technology to improve efficiency, reduce costs and accelerate innovation has not disappeared in the traditional enterprise space.” (Cointelegraph)