Exploring the Future of Business in the Web3 Era: Introducing Cutting-Edge Web3 Companies Revolutionizing Customer Experience

ugo ogwu
Web3 Magazine
Published in
3 min readFeb 8, 2023

The shift to web3 in the digital landscape offers a new approach for companies to interact with their customers. Instead of acting as gatekeepers, platforms now serve as facilitators, streamlining processes to minimize friction between the business and the customer.

Web2 businesses, while offering convenience in accessing products and services, have become too involved in customer data and ownership, hindering the customer experience.

An instance of how to alleviate such challenges can be seen in subscription-based businesses that implement NFT-based subscriptions. NFT functions as a token of access or subscription to the platform, allowing customers to manage their subscriptions in a self-directed manner, thereby leading to a more optimized and individualized user experience

Web3 is decentralizing the customer-business interaction, returning data and ownership to the customer. This new approach creates a more convenient and frictionless experience for customers, allowing them to self-serve and transfer value peer-to-peer.

companies that wish to embrace the digital transition to web3 should aim to get out of their own way, by automating processes and returning control to the customer. Customers value experiences that offer convenience and minimize friction, and web3 businesses have the opportunity to create a new standard of customer engagement.

“Welcome to my series on the most exciting web3 businesses you should know about. In this series, I will be exploring businesses that are leveraging the power of web3 technologies to revolutionize their industries and deliver cutting-edge customer experiences. Whether it’s through the use of blockchain, decentralized protocols, or other innovative web3 solutions, these businesses are leading the way in the next phase of the digital revolution. So, buckle up and get ready to discover the future of business in the web3 era!

Discovering Innovative Web3 Startups: Introducing Monerium

Revolutionizing Real Euro Transactions with Bank-to-Wallet Transfers Without Intermediaries on the Blockchain

Monerium is a web3 startup that offers a new way to access real euros on the blockchain. With their innovative solution, you can now transfer money directly from your bank account into your crypto wallet.

This unique integration of the traditional banking system with blockchain technology makes Monerium the first e-money issuer authorized to issue money on-chain

Their electronic euro, called EURe, provides a secure form of digital money that can be stored in your wallet.

For those looking to transact mainstream assets using blockchain technology, Monerium wants to become the go-to solution for bridging the gap between the traditional banking system and money on the blockchain. They offer a seamless process for moving and collecting money between banks and the blockchain.

By connecting your crypto wallet to the app monerium creates a unique bank account number for your wallet. The IBAN account number becomes associated with your wallet which becomes your wallet bank account all euros send to this account will be deposited in your wallet.

The Monerium IBAN is therefore serves as the bridge between the banking system and the blockchain, enabling users to have money in its native form on-chain.

Additionally, Monerium allows products and projects to access EUR on the blockchain. By embedding the Monerium IBAN, your payers can live off-chain and pay into the IBAN, which automatically mints the euro and triggers the settlement logic.

Overall, Monerium is revolutionizing the way we access and transact with real euros on the blockchain, making it easier, faster, and more secure for users.

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