What is Web3?
A group of technologies that make up the third generation of the Internet focusing on Decentralization, Privacy, Security, AI, and Machine Learning. The foundational building blocks of web3 are blockchains, smart contracts, and tokens (fungible and nonfungible).
One of the emerging battlegrounds that will define future investments in Web3 is the concept of identity – a risk and opportunity the innovation will pose regarding who owns what and how to build defensible profit tools.