Web3: What It Is And Why Does It Matter?

If you follow any of the big names in tech, you must have heard of Web 3.0, or Web3, but is Web3 a good or a bad thing? CNN's Bianca Nobilo looks at what it is.

Topics:  web3   cnn's bianca nobilo   web   
BING NEWS:
  • Interactive ‘Pac-Man' Experience, Web3-Powered Entertainment Localization to Launch in Tokyo
    Man” company Bandai Namco Entertainment Inc. and the City of Shibuya for an interactive experience and platform localization in Tokyo. The launch will take place during the DIG SHIBUYA 2025 Festival ...
    11/19/2024 - 4:00 am | View Link
  • MetaMask Introduces Innovative Toolkit to Enhance Web3 User Onboarding
    MetaMask, a leading platform in the Web3 ecosystem, has recently launched a groundbreaking toolkit to simplify the onboarding process for users new to decentralised applications (dApps) and ...
    11/18/2024 - 10:41 pm | View Link
  • $1M in Questing Rewards for Players: Immutable and YGG Drive Web3 Gaming Engagement with New Partnership
    With $1 million going to player rewards, this highlights an industry shift toward rewarding players and fostering an engaging, community-driven gaming experience SYDNEY, Nov. 18, 2024 /PRNewswire/ -- ...
    11/18/2024 - 11:01 am | View Link
  • Web3 Gaming Trailblazer Big Time Studios Announces $OL Token for the OpenLoot Gaming Platform
    Big Time Studios, a Web3 gaming trailblazer and creator of the Open Loot platformand hit game Big Time, which has already processed a half billion dollars in total transaction volume, is making waves ...
    11/18/2024 - 2:05 am | View Link
  • Metavisio and IO FinNet’s Bold Web3 Venture
    Metavisio SA (FR:ALTHO) has released an update.Don't Miss our Black Friday Offers:Discover the latest stocks recommended by top Wall Street ...
    11/17/2024 - 10:20 pm | View Link
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BING SEARCH:
  • Web3 will transform the global digital economy by being 'computable ...
    How Web3’s 'programmable commerce layer' will transform the global economy. Nov 28, 2022. The last remaining challenge of a digital economy is to put real-world (physical) assets onto the internet to achieve a "computable economy." Image: Unsplash.
    11/18/2024 - 1:23 pm | View Link
  • What is Web3 and why should we care | World Economic Forum
    Web3 will make user owners of their data and other technological assets and present a great economic correction. Roiled by a return of war in Europe, forgotten crises such as Afghanistan, two years of the COVID-19 pandemic and unchecked climate change, the world’s institutions, countries and companies, including those with fortress balance ...
    11/18/2024 - 4:34 am | View Link
  • Web3 technologies could help create a more sustainable world
    Web3 technologies and non-fungible tokens have already reshaped the art world as proponents seek to democratize access to digital assets. There are concerns about crypto's sustainability but the Ethereum 'merge' showed that it was possible to cut the network's energy usage by 99.5%. Lessons from the art world show that Web3 technology could be ...
    11/17/2024 - 6:32 pm | View Link
  • The hype around Web3 and how it can transform the internet
    Web3 is a new iteration of the internet that harnesses blockchain to “decentralize” management thus reducing the control of big corporations, such as Google or Meta, and making it more democratic. It is defined by open-source software, is trustless – doesn’t require the support of a trusted intermediary – and is permissionless (it has ...
    11/17/2024 - 5:32 am | View Link
  • What is Web3 and how could it change the internet?
    Web3 is envisioned to be a “decentralized web ecosystem,” in which users can retain ownership of their data. Its blockchain-based infrastructure would usher in the era of the “token economy”, say experts. Web3 and Web 3.0 - in which a collection of websites would be linked together at the data level - are often mixed up, explains The ...
    11/17/2024 - 1:36 am | View Link
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