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  1. The hype around Web3 and how it can transform the internet

    Feb 1, 2022 · The current internet, Web 2.0, relies on systems and servers owned largely by big corporations, raising concerns over system vulnerability and control. When Meta’s associated platforms suffered a global outage in early October – exacerbated by the centralization of its servers – there were calls to adopt Web3 and its decentralized ...

  2. Web 3.0 Technologies Foundation | World Economic Forum

    Web 3.0 Foundation's mission is to nurture cutting-edge applications for decentralized web software protocols. It aims to deliver a decentralized and fair internet where users control their own data, identity and destiny. The foundation supports Web 3.0 teams and open-source projects through funding, advocacy, research and collaborations.

  3. What is Web3 and why should we care | World Economic Forum

    May 25, 2022 · Web3 is not only a new foundational layer of the world wide web, it is a fundamentally new approach to corporate governance, value creation and stakeholder participation with pari passu interests. It presents an opportunity where people are not merely products or beneficiaries of technology-powered business models but builders and owners of ...

  4. Web3 will transform the global digital economy by being …

    Nov 28, 2022 · Digital economies are built on trust and the industrialisation of trust to which blockchain is fundamental. The last remaining challenge of a digital economy is to put real-world (physical) assets onto the internet to achieve a "computable economy."

  5. What is Web3 and how could it change the internet? - The World …

    Mar 2, 2023 · Web3 and Web 3.0 are often mixed up because the next era of the internet will likely feature elements of both movements — semantic web applications, linked data and a blockchain economy. It’s not hard to see why there is significant investment happening in …

  6. Web3 tech can be used to fight climate change. Here's how

    Sep 21, 2022 · The emergence of Web3 technology, values and ideas inherent to the ReFi movement can mobilize capital to fund the climate crisis solutions currently being researched by the OSTP, and within the time and at the scale required for the United States to fulfill the Paris Climate Accord’s global commitments.

  7. Going mainstream: four Web3 developments to watch in 2023

    Jan 4, 2023 · Tokenization can allow for almost any real-world asset to have a digital representation on a blockchain. The increased use of tokenization has the potential to revolutionize financial markets and most industries. 2023 will see continued increases in the use of tokenization, especially as more mainstream players like BlackRock and Goldman Sachs …

  8. A brief history of globalization | World Economic Forum

    Jan 17, 2019 · In the years between the world wars, the financial markets, which were still connected in a global web, caused a further breakdown of the global economy and its links. The Great Depression in the US led to the end of the boom in South America, and a run on the banks in many other parts of the world. Another world war followed in 1939-1945.

  9. AI is shaping the metaverse - but how? Industry experts explain

    May 9, 2023 · At a recent Global Collaboration Village partner event, notable leaders in diverse fields shared their perspectives on how the metaverse is transforming their industries, how AI is supporting their goals in the metaverse, and the promise of generative AI to create opportunities and solve problems in this space and to accelerate the development of the metaverse.

  10. What is the role of government in the digital age?

    Feb 13, 2017 · We moved from the first generation (web 1.0) e-government to web 2.0, which gave us richer, immersive web-based services with online applications. Now, we are looking at government 3.0. But rather than being represented by a technology or toolset, it is a shift in culture that views government as a platform for enabling the creation of public ...

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