Technology Trends

A Reality Check on Web3 for Businesses

Abishek BimaliFounder & EngineerMay 24, 20262 min read
A Reality Check on Web3 for Businesses

Web3 generated enormous hype and a fair amount of disappointment. For most businesses the honest position is neither true believer nor cynic, but a careful look at whether the technology solves a problem they actually have.

Where it can fit

When multiple parties who do not fully trust each other need a shared, tamper-resistant record, a blockchain can genuinely help. That is a narrower set of cases than the marketing suggested.

Where a database is better

  • A single trusted owner of the data needs no blockchain.
  • Speed, cost, and simplicity usually favour a normal database.
  • User experience still lags for most on-chain products.

Decide on the problem, not the label

Start from the problem and pick the simplest tool that solves it. Sometimes that is web3, and far more often it is the boring, reliable stack you already know.

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Abishek Bimali

Founder & Engineer

Abishek founded SiteCraft Innovation and leads its engineering. He writes about building web and mobile products that hold up in production, for teams in Nepal and abroad.