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What kind of internet do we want? The internet as we know it allows for users to send and receive information from websites and web-based services, but these sites and services remain, for the most part, largely separate from each other – siloed.
There are various reasons for this, from technical limitations to the proprietary imperatives of corporations, the upshot is that the web today is arguably composed of more closed networks than open ones, with users missing out on constructive network effects and synergies that could result from a thriving ecosystem of interoperable applications.
Returning the internet to the principle of decentralization – the promise of ‘web 3.0’ – can help fix the web’s current fragmentation with permissionless and trustless innovation.
By developing a more open version of the web running on a distributed and shared blockchain, services can be run in parallel, with the use of self-executing smart contracts allowing for the interaction