Gavin Wood When I look at the Phone Number Database infinite limit of new possibilities that web3 offers, I get more excited about it every day. We already see a lot of web3 applications, which more and more people are using. Cryptocurrencies Phone Number Database are the best-known use case here, next of course NFTs (part of tokanization ). Recently I also wrote about Decentralized Autonomous Organizations (DAOs) and Self Sovereign Identity , which are also very important parts of web3. Basically they are all decentrally organized applications.
Cryptocurrencies to send and Phone Number Database receive money decentrally, NFTs to arrange decentralized ownership, DAOs to organize an organization decentrally and SSI to have an identity decentrally. From web 2.0 dapps to Phone Number Database web 3.0 dapps. Source: TheMerkle Decentralized data pods We regain control of our own data and personal data. Not a separate account for every website or social medium, but one digital identity. With this you log in to the various sites and platforms and you have control over which data and personal data you want to share.
The Web as I envisaged it, we Phone Number Database have not seen it yet. The future is still so much bigger than the past. – Tim Berners-Lee To immediately show how this can work, web inventor Berners-Lee set up Inrupt for this. This works with personal 'data pods', personal vaults with data. A website can then always request access Phone Number Database to your data vault, in exchange for certain services. But they cannot extract or resell this data. Also read: How cryptocurrency is quietly reshaping the internet Several major websites such as Reddit are already using web3. Users can earn crypto tokens by posting on a web3 section.