I recently wrote an article examining the origins and promises of blockchain and cryptocurrency, asking whether these technologies are really living up to the hype being thrust upon them by industry investors, pundits and insiders.
My conclusion after much research was that blockchain, as a foundational technology, is real and is starting to live up to some of the hype heaped upon it.
While blockchain has mostly been discussed in terms of a few key applications, like cryptocurrency, the value it provides in eliminating trusted intermediaries between individuals and groups is starting to be seen in broader applications.
One of the most talked about buzzwords today in terms of blockchain technology is the term Web 3.0, or Web3. This term and sector are in the midst of great debate right now as to whether it has real validity and utility for consumers or whether it’s a marketing hype machine created by venture capitalists.
So, is Web3 just a buzzword being used to make VCs some bucks by jacking up crypto prices, or is it a real evolution of the internet that people must pay attention to?
Continue reading: https://www.cmswire.com/digital-experience/is-web3-a-buzzword-or-the-real-deal/
My conclusion after much research was that blockchain, as a foundational technology, is real and is starting to live up to some of the hype heaped upon it.
While blockchain has mostly been discussed in terms of a few key applications, like cryptocurrency, the value it provides in eliminating trusted intermediaries between individuals and groups is starting to be seen in broader applications.
One of the most talked about buzzwords today in terms of blockchain technology is the term Web 3.0, or Web3. This term and sector are in the midst of great debate right now as to whether it has real validity and utility for consumers or whether it’s a marketing hype machine created by venture capitalists.
So, is Web3 just a buzzword being used to make VCs some bucks by jacking up crypto prices, or is it a real evolution of the internet that people must pay attention to?
Continue reading: https://www.cmswire.com/digital-experience/is-web3-a-buzzword-or-the-real-deal/
