The Web may feel like a familiar space to businesses, but like everything else in tech, it’s evolving. What may now seem like a series of buzzwords— “Web3,” “blockchain,” the “metaverse” and more—will soon be the everyday technologies and concepts that dominate how businesses operate online.
Understanding what’s coming can help businesses plan a strategy and be among the vanguard of organizations thriving in a fresh online world. Below, 16 members of Forbes Technology Council share revolutionary changes that are coming to the Web in the next few years, and how they will affect businesses.
1. User Ownership Of Data
There will be a move toward privacy and data centricity. “Web3,” the term coined to describe the new internet, will revolve around user ownership of data, decentralization and permissionless access. Rather than gaining access in exchange for companies monetizing our data (the Web2 model), users will be able to access the internet while maintaining ownership over their data and how it’s used. For businesses, this means a focus on accountability and transparency. - Iman Bashir, Craftly.AI
2. A Better Balance Of Power Between Users And Platforms
Today, the Web is centralized. Tremendous wealth and power have been generated for corporations such as Facebook and Amazon that own and control content, instead of for users. Now, a transformation is taking place with the advent of Web3. Over the next decade, the Web will be built on permissionless blockchains with open standards. This will allow for a fair balance of power between users and platforms. - Balaji Sreenivasan, Aurigo Software Technologies Inc.
Continue reading: https://www.forbes.com/sites/forbestechcouncil/2022/05/23/16-changes-coming-to-the-web-that-businesses-need-to-prepare-for/?sh=1da531667eae
Understanding what’s coming can help businesses plan a strategy and be among the vanguard of organizations thriving in a fresh online world. Below, 16 members of Forbes Technology Council share revolutionary changes that are coming to the Web in the next few years, and how they will affect businesses.
1. User Ownership Of Data
There will be a move toward privacy and data centricity. “Web3,” the term coined to describe the new internet, will revolve around user ownership of data, decentralization and permissionless access. Rather than gaining access in exchange for companies monetizing our data (the Web2 model), users will be able to access the internet while maintaining ownership over their data and how it’s used. For businesses, this means a focus on accountability and transparency. - Iman Bashir, Craftly.AI
2. A Better Balance Of Power Between Users And Platforms
Today, the Web is centralized. Tremendous wealth and power have been generated for corporations such as Facebook and Amazon that own and control content, instead of for users. Now, a transformation is taking place with the advent of Web3. Over the next decade, the Web will be built on permissionless blockchains with open standards. This will allow for a fair balance of power between users and platforms. - Balaji Sreenivasan, Aurigo Software Technologies Inc.
Continue reading: https://www.forbes.com/sites/forbestechcouncil/2022/05/23/16-changes-coming-to-the-web-that-businesses-need-to-prepare-for/?sh=1da531667eae
