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Web3
Web3, or Web 3.0, represents the next generation of internet technology, integrating blockchain and cryptocurrencies into everyday online interactions. It's a decentralized online ecosystem where users have control over their data and transactions. Web3 is powered by blockchain networks, providing transparency, security, and trust. It's a key concept in the crypto world, involving various people, from developers and investors to everyday users. Companies are leveraging Web3 to create decentralized applications (dApps), offering users new ways to interact online. Crypto exchanges play a crucial role in Web3, facilitating the trading of digital assets and tokens that fuel the ecosystem. Web3 represents a paradigm shift, offering opportunities for investment, innovation, and the potential to reshape the internet.
NFT Collection NimTeens Explores Just How Fast the NFT Space Moves
The new collection created by generative artist Bryan Brinkman, one of the first 10 creators on Art Blocks, is a creative commentary on the rapid maturity of the NFT space.
FTX's Failure Highlights Need for Federally Mandated Insurance, Not More Regulation
There is extensive precedent for requiring companies providing critical infrastructure to get special insurance. Why not require crypto companies to back themselves with a market-based product, say the founders of Evertas, a crypto insurance provider.
Latin American Web3 Infrastructure Provider Parfin Raises $15M
The funding round was led by crypto investment firm Framework Venture and included L4 Venture Builder, a corporate venture capital fund backed by the Brazilian stock exchange B3.
South Korea Launches Metaverse Replica of Seoul
As part of a three-year effort to expand its public services, Metaverse Seoul will allow users to take their avatars to tax offices, access youth counseling and read e-books.
IBM Executive on the Future of Web3
Shyam Nagarajan, IBM Consulting Executive Partner, Blockchain, Web3.0, Metaverse and Sustainability, discusses the future of enterprise blockchain, CBDCs, and Web3 at the annual World Economic Forum in Davos, Switzerland. Plus, IBM's sustainability efforts and insights into discontinuing blockchain-enabled shipping solution TradeLens.
Developers Keep the Candle Burning During Chilly Crypto Winter
A new report released by Web3 developer platform Alchemy suggests that while this past year saw token trading slow, the number of smart contracts deployed on Ethereum continues to grow.
Accenture Exec Says Future of Crypto Self Custody Will Be Portability
Live from the World Economic Forum in Davos, Switzerland, David Treat, senior managing director at Accenture, discusses why users should have the option to move their data and crypto from one location to another.
Accenture Executive on Building in the Metaverse
Despite the drastic decline in NFT and Web3 sectors in 2022, IT services and consulting firm Accenture says the metaverse will fuel a one trillion dollar opportunity for businesses by the end of 2025. Accenture Senior Managing Director David Treat weighs in on building businesses in the metaverse and the opportunities it presents. Plus, a preview of Accenture's partnership with Microsoft.
There Will Be No Lessons Learned From FTX
There’s so much more to blockchain than crypto and we’re just not getting there fast enough, says EY's blockchain innovation leader.
Web3 Studio Sortium Raises $7.8M in Seed Round
Crypto hedge fund Arca was among the participants in the funding round.
