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Key Points

  1. Web 3 is a combination of new technologies that may alter the way people interact digitally over the Web
  2. Combines technologies like: metaverse, blockchain, AI, digital assets, tokenomics, DAO, NFT etc
  3. Web 1 - was basic web content
  4. Web 2 - the web is a full blown application platform with centralized apps and services
  5. Web 3 - a decentralized platform with digital identity, assets, ownership, token economy, open content creation
  6. Web 3 contexts may include DAO, semantic web and more features for specific use cases
  7. Depending on the use case, Web 3 versions may have challenges on: decentralization, security, identity, scale, privacy etc
  8. https://en.wikipedia.org/wiki/Web3


References

Reference_description_with_linked_URLs__________________________Notes_________________________________________________________________




m Blockchain Financial Services - DeFi - NFTs
Metaverse
m Token Economy Examples: Tokenomics
DLT concepts & principles




https://en.wikipedia.org/wiki/Metaverse


https://www.yahoo.com/finance/news/blockchain-technology-transforming-microtransactions-revitalizing-011827832.html

Web3 Landscape Oct 2021 url

 Web3 Landscape Oct 2021 link

Web3 Landscape Oct 2021.pdf file


Web3 impact on Digital Identity ( Bain Co ) article


really the reverse. Web3 is a newer term embracing existing technologies: Identity, Blockchain, Wallets, Tokens, Smart Contracts, Privacy, DAO, DeFi, governance, SSI and more.
The only technology delivered at the same time Web3 has been promoted is the metaverse

Bain Technology Report - 2022 - Digital Technologies  url

bain_report_technology-report-2022-web3-more.pdf file

some articles on Web3 topics in general
web3-beyond-the-hype-2022-mckinsey.pdf fileMcKinsey on Web3 technologies and use cases - some concepts


Articles
https://www.weforum.org/agenda/2019/02/ai-beat-professional-gamers-at-starcraft-ii-here-s-why-that-matters?fbclid=IwAR3sGdqPaMPNROIXaXu_csZP9zFLXvBkVEciy6-YrMkdQ8VfQQIKgQY5QcI

Google DeepMind is successful at strategy games - GO, Poker

DeepMind Health analyzes patient tests quickly to recommend treatments



https://arstechnica.com/tech-policy/2022/02/metaverse-vs-employment-law-the-reality-of-the-virtual-workplace/?comments=1

Metaverse workplaces and employment law 2022

Metaverse workplaces and employment law 2022


https://www.linkedin.com/posts/anthonyjjday_an-introduction-to-the-metaverse-2022-ugcPost-6901796678064844800-D8qc

Anthony Day - 



web3 a realistic view raises good questions ***

web3-what-is-needed-2022-nitin-gaur-cointelegraph-Web3 relies on participatory economics and participation is missing.pdf link

web3-what-is-needed-2022-nitin-gaur-cointelegraph.com-Web3 relies on participatory economics and that is what is missing Participation.pdf file

the areas that haven't delivered yet: decentralization with broad participation

is decentralization important? no - the key assumed benefits can be delivered other ways


Web 3 overview
Metaverse


https://www.linkedin.com/pulse/practically-web3-jerry-cuomo/Web 3 concepts - Jerry Cuomo

Web3 beyond the hype article - McKinsey - 2022

web3-beyond-the-hype-2022-mckinsey.pdf link

web3-beyond-the-hype-2022-mckinsey.pdf file







Key Concepts


Web3 Concepts - Jerry Cuomo

https://www.linkedin.com/pulse/practically-web3-jerry-cuomo/



Web3 Models and Opportunities article - McKinsey


Web3 beyond the hype article - McKinsey - 2022

web3-beyond-the-hype-2022-mckinsey.pdf link

web3-beyond-the-hype-2022-mckinsey.pdf file

The core distinctive feature of Web3 is the decentralization of business models.

Web3, the next iteration, potentially upends that power structure with a shift back to users.

Open standards and protocols could make their return.

The intent is that control is no longer centralized in large platforms and aggregators, but rather is widely distributed through “permissionless” decentralized blockchains and smart contracts,

JIM>> the KEY features to better, fairer, sustainable solutions for all community roles are better trust, transparency, incentives and governance to the new operating model ( see VCN )

JIM>> can't assume disintermediation is always the right answer

disintermediation a core element. Intermediaries may no longer be required with respect to data, functionality, and value.

OFTEN roles change on what and how an intermediary adds value in new business network value model ( see VCN - value chain networks )





Potential Value Opportunities



Potential Challenges



Candidate Solutions



Step-by-step guide for Example



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