Web3 Use Cases: Five Capabilities Enabling People
By Jessica Groopman, Jaimy Szymanski, and Jeremiah Owyang A new internet movement called “Web3” has emerged. A rejection of the massive control, financial, and information asymmetry that resulted from Web2’s search, e-commerce and social media giants, the vision of Web3 is to use distributed digital networks to shift power back to participants. This post will first define Web3 for the business leader by explaining the capabilities these emerging technologies enable for participants. Then we’ll address the dynamics of this ascendent, if hotly debated tech movement. Our definition attempts to bridge an analysis of (early-stage) Web3 applications and market dynamics, with key technological enablements of decentralized, distributed, and hybrid network designs. Here we focus on people (individuals and end-users): how are … Continue readingWeb3 Use Cases: Five Capabilities Enabling People