Web 3 Is a Long Fight Worth Fighting

Web 3 Is a Long Fight Worth Fighting

The next step was to posit that blockchains such as Ethereum, in supplanting trust in centralized entities like Google, offered the alternative of a verifiable, “truthful” means of tracking exchanges via open protocols and decentralized validator networks. If we could achieve that, the argument went, we could replace monopolistic platforms with decentralized communities of data sharing. Business models would emerge where applications service those communities’ transactions of money and information but, in keeping with the idea of “self sovereign identity,” control over that valuable personal data would reside solely with each individual user.

Continue reading

You Might Like


Join the conversation!

Please share your thoughts about this article below. We value your opinions, and would love to see you add to the discussion!

Thanks for sharing!
Send this to a friend