Skip to main content

Research Repository

Advanced Search

Interoperability: Our exciting and terrifying Web3 future

Park, Andrew; Wilson, Matthew; Robson, Karen; Demetis, Dionysios; Kietzmann, Jan

Authors

Andrew Park

Matthew Wilson

Karen Robson

Jan Kietzmann



Abstract

This article introduces the next major generational evolution of the web: Web3. We review the fundamental evolution of the internet and the web over the past three decades, including a brief presentation of the publications in Business Horizons that are important in a discussion of the emergence of Web3. We then discuss what these recent developments mean to organizations, consumers, and the public. Though the degree to which Web3 will be widely adopted is uncertain, these technologies are already creating both exhilarating and terrifying implications for e-commerce, digital media, online social networking, online marketplaces, search engines, supply chain management, and finance, among others. We propose the consideration and management of technical, organizational, and regulatory interoperability for Web3 to deliver on its promises of value and that failure to consider these interoperability components may destroy economic value, consumer confidence, or social issues online. We also call on our fellow researchers to focus on these interoperability issues and how they might impact the positive and negative sides of Web3 technologies to help us understand and shape our Web3 future.

Citation

Park, A., Wilson, M., Robson, K., Demetis, D., & Kietzmann, J. (2022). Interoperability: Our exciting and terrifying Web3 future. Business Horizons, https://doi.org/10.1016/j.bushor.2022.10.005

Journal Article Type Article
Acceptance Date Oct 20, 2022
Online Publication Date Oct 20, 2022
Publication Date 2022
Deposit Date Oct 25, 2022
Publicly Available Date Oct 21, 2025
Journal Business Horizons
Print ISSN 0007-6813
Publisher Elsevier
Peer Reviewed Peer Reviewed
DOI https://doi.org/10.1016/j.bushor.2022.10.005
Keywords Web3; Blockchain; Metaverse; NFT; DeFi; Cryptocurrencies
Public URL https://hull-repository.worktribe.com/output/4104557
Publisher URL https://www.sciencedirect.com/science/article/abs/pii/S0007681322001318

Files

This file is under embargo until Oct 21, 2025 due to copyright reasons.

Contact D.Demetis@hull.ac.uk to request a copy for personal use.







You might also like



Downloadable Citations