Web3 promises to fix many of the problems that arose in Web2 by granting individual users data ownership and control over digital identity, which in today’s world is controlled by centralized ecosystems. Web3 refers to a blockchain-based decentralized online environment. Rather than depending on a single, centralized server, Web3 is…

The energy consumed to produce new digital tokens via a process known as “proof of work” accounts for a large portion of crypto’s environmental effect. …

The blockchain sector appears to be one-of-a-kind, fresh, and frenzied, yet the growth of new industries over time is frighteningly predictable. Consider the gold rush in California, the global oil boom, or the internet’s ascent. Each of these economic revolutions followed a symmetrical pattern. The first is a shift away…

One year ago, Axie Infinity launched a game based on the popular Pokémon passion where players got crypto as rewards. Now, hackers have made off with millions of dollar coins and wrapped Ethereum from the Ronin blockchain which is being used by Axie Infinity. Priced at $625 million, Ronin hack…

Why business need to strongly focus on Web 3 The world is heading toward a future without borders, in which we are all connected and all is virtual. This is the essence of Web 3.0. Web 1.0 was more about establishing portable internet technology, as previously stated. The period of…

The integration of native artificial intelligence into Web 3 systems is a natural progression (AI). Every software field is influenced by AI, therefore Web 3 shouldn’t be an exception. However, there are fundamental, technological hurdles to the adoption of AI technology in Web 3 stacks. Beyond recognising their obvious benefits…

A critical view of web3 We are at a critical stage in the advent of internet technology where we will observe the transition of web2 into web3. …

With the growing prominence of Web 3.0, practitioners in the financial services sector, you can expect radical changes to happen soon. A key step would be convincing lawmakers of the potential of a new digital revolution that’s over 10 years overdue. Web 3.0 makes use of edge computing, blockchain and…

Since the pandemic forced us to transfer most of what we would have done in person to the internet, we’ve discovered that virtual tools are frequently as good as, if not better than, in-person resources. With Web 3.0 entering the game, the question one needs to ask is how soon…