Content-type: text/html Downes.ca ~ Stephen's Web ~ What is Web3 and Why It Matters

Stephen Downes

Knowledge, Learning, Community

The discourse on Web3 is beginning to reach a dull roar in the last few months, and I don't see any signs that it's going to go away. Dion Hinchcliffe writes, "Web3 has very much arrived as a major trend with a towering stack of tech behind it and quite impressive economic results to match. It's a trend that is now is increasingly informing technology evolution as a whole." This article defines Web3, outlines the motivation for it, its roots in crypto, the idea of decentralized trust (with a discussion of the tendency to centralize decentralized tech), lists the major technologies involved, and describes what organizations should do to prepare for it.

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Stephen Downes Stephen Downes, Casselman, Canada
stephen@downes.ca

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Last Updated: Dec 22, 2024 01:12 a.m.

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