Abstract

The deepening of digital transformations and the development of digital platforms is the basis of the functioning of decentralized financial markets, the research of the methodological and methodical foundations of their formation and development based on the use of the innovative potential of Web 3.0 technologies has important scientific and practical value. The purpose of the article is to clarify the functioning mechanisms of decentralized markets based on Web 3.0 and to determine their impact on economic and social processes, which is based on the use of general economic and specific scientific research methods. In the process of research, the peculiarities of the functioning of decentralized financial markets are determined and it was proved that the transition to new Internet usage patterns is the main factor in accelerating digital transformations, on the basis of which the Web 3.0 digital platform is being formed. A structural and logical diagram of the functioning of the Web 3.0 platform has been developed, which reflects an organic combination of tasks, functions, used tools and technologies. The main functions of the Web 3.0 digital platform include decentralization of management, customer orientation, interoperability, transparency and ensuring effective management of digital risks, and the main tasks include accelerating the development of the economy and improving the management of economic and social systems. It has been proven that in the future, the development of the Web 3.0 digital platform and the integration of the innovative potential of decentralized markets, distributed ledger technologies, smart contracts and digital assets will become the basis for the formation of a fundamentally new model of the functioning of the digital space - a meta-universe that unites the real and virtual worlds, ensuring the acceleration economic growth and positive socio-cultural changes. The practical value of the obtained results lies in the justification of the prospects for using the Web 3.0 platform and the adaptation of its interoperability, as well as in determining the directions for improving the functioning mechanisms of the Web 3.0 platform, which includes institutional support for the development of decentralized financial markets and of new mechanisms of their regulation and management in order to protect all participants of decentralized ecosystems from cyber threats and digital risks.

Full Text
Published version (Free)

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call