Internet3 guarantees to make the world-wide-web far more decentralized and democratic — but there are plenty of unknowns that could cloud that utopian eyesight.
00:00 The foreseeable future of the Web is below! Or … it may possibly be?
00:10 World wide web 1. was read-only.
00:23 Website 2. was go through/publish.
00:52 World wide web3 guarantees to be study/publish/very own.
01:20 Illustrations
02:15 World-wide-web3 just isn’t unavoidable, nonetheless. And there are some pink flags.
Read through much more about Website3 at HBR.org:
https://hbr.org/2022/05/what-is-web3
Net3 is currently being touted as the future of the world-wide-web. The eyesight for this new, blockchain-centered net involves cryptocurrencies, NFTs, DAOs, decentralized finance, and additional. It features a browse/write/individual variation of the net, in which users have a fiscal stake in and extra command in excess of the website communities they belong to. Web3 claims to change the practical experience of remaining online as radically as PCs and smartphones did. It is not, nevertheless, without risk. Some organizations have entered the area only to deal with a backlash over the environmental impact and monetary speculation (and opportunity for fraud) that comes with Net3 assignments. And although blockchain is presented as a remedy to privateness, centralization, and money exclusion concerns, it has designed new variations of many of these troubles. Companies require to look at both of those the dangers and the positive aspects just before diving in.
Script by Tom Stackpole and Kelsey Gripenstraw
Style and design and animation by Alex Belser
Art course by Karen Participant
Voiceover by Christine Wilder
Co-generated by Scott LaPierre and Gretchen Gavett
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