Web3 and what it means for data in the future
Source: Equinix
Simon Lockington and Hari Srinivasan suggest that although Web3 is still conceptual, the applications and thoughts of its technology are being explored heavily today.
They argue that Web3’s potential revolves around how we conduct agreements and value exchange.
They describe how blockchain, cryptocurrencies, dapps and NFTs can qualify as examples of decentralization and the Web3 concept.
They target Asia-Pacific’s thriving startup ecosystem as one of the top booming markets for Web3.
They conclude that one of the critical success factors for future success is the need for a future-ready digital infrastructure.