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The original intention of Web3 is to create a trustless decentralized trading world. The ideal is grand, but reality is full of scams—rug pulls, fraud, payment disputes one after another. Where is the root cause? Early blockchain design didn't consider complex commercial scenarios at all, only enabling simple token interactions, and had no clue about logistics, acceptance, or dispute resolution variables in real-world transactions.
This leads to a paradox: we have the technology to eliminate centralized intermediaries, but lack the infrastructure to replace their "trust endorsement" function. So, Web3 still lacks a sense of security; users still have to rely on a centralized platform for endorsement. And those platforms leverage their monopoly on trust provision to charge high commissions of 10%-30%.
"Code is law" sounds sexy, but code is dead. Logistics can be delayed, goods can be defective, trading partners may run away—these business variables cannot be controlled by code, and "trustless" becomes just empty talk.
Some projects are trying to break this deadlock. Their approach is: combine the automation and cryptographic security of blockchain with the flexibility of real-world commerce. How? An open standard called OES, which can framework "conditional value exchange"—complex logic like cross-border e-commerce's "logistics receipt and payment," or freelance work's "staged acceptance and settlement," can be quickly configured. On the other side is DAN—a decentralized arbitration network that uses token staking to select jurors and encrypted voting to resolve disputes, transparent and fair.
In this way, trust shifts from "scarce goods" to "open infrastructure." Anyone can use it, and costs are greatly reduced. This is the true rewriting of Web3's business rules.