Web3 shows scope to be just as disruptive as Web2 and potentially more so, ushering in a significant paradigm shift and marking the next phase in the evolution of the internet by paving the way for decentralisation, transparency and increased consumer usefulness.
Read more: https://volkerhartzsch.com/understanding-the-relationship-between-web3-and-blockchain
2. Volker Hartzsch
2
What Is Web3?
Web3 shows scope to be just as
disruptive as Web2 and potentially
more so, ushering in a significant
paradigm shift and marking the
next phase in the evolution of the
internet by paving the way for
decentralisation, transparency and
increased consumer usefulness.
3. Volker Hartzsch
3
Blockchain technology has made it possible for
users to communicate directly with one another
by becoming part of a Decentralised Autonomous
Organisation (DAO), which is essentially a group
that is owned and run by its community.
User data will be protected via a network
of smart contracts stored in a blockchain,
with decentralised data transfers and all
transactions tracked on a distribution ledger
incorporating blockchain technology. In
addition, blockchain technology will also make it
Web3 will
rely heavily
on artificial
intelligence
and machine
learning, enabling
it to become
smarter and more
receptive to user
demands.
“
possible for consumers to produce digital goods
and nonfungible tokens, helping to protect
intellectual property and personal data.
Web3 will rely heavily on artificial intelligence
and machine learning, enabling it to become
smarter and more receptive to user demands.
Connecting various applications and devices via
the internet of things, Web3 will also enable users
to interact in private or public without leaving
them vulnerable to third-parties, providing
‘trustless’ data.
4. You can learn more about Web3 and
blockchain technology by visiting the
blog of Volker Hartzsch.