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    You are at:Home » The Ultimate Video Guide on Web3

    The Ultimate Video Guide on Web3

    0
    By AM on July 24, 2022 Web3

    What is Web3, and is it the future of the Internet?

    What is Web3, and the future of internet

    Some crypto enthusiasts want a new kind of internet that yanks power away from Big Tech and hands it to people. Can they succeed? — Remember AOL chatrooms and downloading songs through Napster? The internet has come a long way. Today, it’s dominated by Meta, Google and a handful of other tech giants whose services have made it easier for billions of people to communicate and share content online.

    But at what cost? “If something is free, you are the product,” so the saying goes — the only reason platforms like Facebook and YouTube can offer their services for free is because they use our personal data to target us with ads. “Right now, you have big organizations who are controlling your data and providing you services that use your data,” says Bertrand Perez, chief operating officer of the Web3 Foundation.

    Web3 is a hypothetical, future version of the net based on blockchain technology. Crypto enthusiasts say their vision for the web would decentralize it, pushing it closer to its roots. But big-name detractors — from Jack Dorsey to Elon Musk — aren’t convinced. Watch the video to learn more about Web3 — what it is, and what its future may be.

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    AM, The Founder and CEO of RetailMarketingTechnology.com is an Entrepreneur & Business Management Professional with over 20+ Years Experience and Expertise in many industries such as Retail, Brand, Marketing, Technology, Analytics, AI and Data Science. The Industry Experience spans across Retail, FMCG, CPG, Media and Entertainment, Banking and Financial Services, Media & Entertainment, Telecom, Technology, Big Data, AI, E-commerce, Food & Beverages, Hospitality, Travel & Tourism, Education, Outsourcing & Consulting. Currently based in Austria and India

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