The jury is still out on the usability of blockchain and Web 3.
Today's blockchain landscape has a lot in common with the early Internet: It's an unwieldy, unsafe, and unregulated "wild west" of loosely connected protocols that hardly appear to form the infrastructure for future commerce. The internet's early critics were clearly wrong that no one would ever want to use email. With blockchain, however, the jury is still out.
Concrete usability is one of the biggest challenges in moving blockchain past its wild-west phase. Using crypto for its original purpose of financial transactions is still comparatively difficult. But more importantly, the broader Web3 ecosystem still lacks the practical functionality and UX to form the infrastructure that will replace Web2.
Web2 is an incredibly well-oiled and easy-to-use organism. Think of Facebook, Google, Uber, DoorDash and your favorite banking app. Crypto lovers often complain about the problems with centralization in Web2, but the end user sees proper functionality and an excellent user experience. In Web3, on the other hand, they see only a trendy UX dumpster fire with potential.
One of the major players behind current — and therefore Web2 — IT technology is, of course, Microsoft and its Office Suite. Microsoft Office found its way into almost every business and every home since the late '90s. Excel rules finance, and Outlook rules email. These software were so functional that even hard-hitting critics and competitors had no choice but to use them. Nowadays, we can almost say the same thing for Google. Try as you may to cut yourself off from Google's products, but you will barely last a week.
Continue reading: https://www.entrepreneur.com/science-technology/web3-is-the-future-of-the-internet-but-how/436320
Today's blockchain landscape has a lot in common with the early Internet: It's an unwieldy, unsafe, and unregulated "wild west" of loosely connected protocols that hardly appear to form the infrastructure for future commerce. The internet's early critics were clearly wrong that no one would ever want to use email. With blockchain, however, the jury is still out.
Concrete usability is one of the biggest challenges in moving blockchain past its wild-west phase. Using crypto for its original purpose of financial transactions is still comparatively difficult. But more importantly, the broader Web3 ecosystem still lacks the practical functionality and UX to form the infrastructure that will replace Web2.
Web2 is an incredibly well-oiled and easy-to-use organism. Think of Facebook, Google, Uber, DoorDash and your favorite banking app. Crypto lovers often complain about the problems with centralization in Web2, but the end user sees proper functionality and an excellent user experience. In Web3, on the other hand, they see only a trendy UX dumpster fire with potential.
One of the major players behind current — and therefore Web2 — IT technology is, of course, Microsoft and its Office Suite. Microsoft Office found its way into almost every business and every home since the late '90s. Excel rules finance, and Outlook rules email. These software were so functional that even hard-hitting critics and competitors had no choice but to use them. Nowadays, we can almost say the same thing for Google. Try as you may to cut yourself off from Google's products, but you will barely last a week.
Continue reading: https://www.entrepreneur.com/science-technology/web3-is-the-future-of-the-internet-but-how/436320
