Key Points
- Web 3 is a combination of new technologies that may alter the way people interact digitally over the Web
- Combines technologies like: metaverse, blockchain, AI, digital assets, tokenomics, DAO, NFT etc
- Web 1 - was basic web content
- Web 2 - the web is a full blown application platform with centralized apps and services
- Web 3 - a decentralized platform with digital identity, assets, ownership, token economy, open content creation
- Web 3 contexts may include DAO, semantic web and more features for specific use cases
- Depending on the use case, Web 3 versions may have challenges on: decentralization, security, identity, scale, privacy etc
- 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 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 |
| some articles on Web3 topics in general | |
| web3-beyond-the-hype-2022-mckinsey.pdf file | McKinsey 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 |
Metaverse workplaces and employment law 2022 | Metaverse workplaces and employment law 2022 |
Anthony Day - | |
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 | |
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
sample code block