Meta Business: A Blockchain Oracle Providing Reliable On-Chain Financial Data for Decentralized Finance
The Meta Business whitepaper was written and released by the core Meta Business team at the end of 2024, aiming to address the centralization pain points in Web2 business models and, in the context of the rapid development of Web3 technology, to explore and build a new paradigm for decentralized business.
The theme of the Meta Business whitepaper is “Meta Business: Building Decentralized Business Protocols and Ecosystems in the Web3 Era.” What makes Meta Business unique is its proposal of a comprehensive protocol based on smart contracts, token economic models, and decentralized governance, designed to achieve asset digitization, free flow of value, and collaborative decision-making by the community; the significance of Meta Business lies in providing a global, open, transparent, and efficient platform for business collaboration for users and developers, thereby laying the foundation for the future decentralized business ecosystem.
The original intention of Meta Business is to solve the core problems of traditional business models, such as inefficiency, high trust costs, and unequal value distribution. The core viewpoint presented in the Meta Business whitepaper is: by combining decentralized identity (DID), smart contract-driven automated processes, and community-led governance mechanisms, it is possible to create a decentralized business ecosystem that is efficient, fair, and sustainable, while ensuring data sovereignty and transaction transparency.