Web3

The vision of Web3 is built upon open-source technology, utilizing blockchain technology to build trustless and permissionless information architectures.

The technology’s evangelists justify the push towards Web3 to mitigate the dominance of big tech over internet use and to better protect our personal data.

We examine a diverse collection of recent articles praising, qualifying and challenging the vision of an Internet of Value.

Several authors explore why Web3 is being touted as the future of the internet. Others argue that beyond cryptocurrencies and the black market, there are few sensible use cases for a blockchain.

Some conclude that the reality of Web3 is nothing more than a cover for get rich scams, crime and money laundering.

It appears undeniable that the current gap between the current practice and the promise of Web3 will require focusing our attention on the technical preconditions for utility, innovation, and value.