Web3 (also known as Web 3.0) is on the wish list of many around the world. Spotted today on various news outlets, and appearing front and centre in a particularly mouth-watering headline – Investors are betting $27 billion that Web3 is the future of the internet – on fortune.com a couple of weeks ago, it’s definitely something we all want to keep an eye on.
But what is it exactly? In brief, it’s the next version of the internet; one that’s decentralised and built on top of a blockchain. Watch The Economic Times’ video for a more detailed explanation.
And, if we’re talking about Web3, then it would be rude to ignore Gavin Wood who’s considered to be the ‘father of Web3’. Check out Wood’s interview with Wired to find out why we should all believe, too.