Decentralization, DAOs and the current Web3 concerns -Breaking
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Web3 refers to a network of decentralized technology products, which are based on blockchain networks and interoperable without the use traditional trusted validators (such as institutions, governments, or corporations). This is what it means.
Web3, the term Gavin Wood (President of Web3 Foundation) coined, refers to the next stage of the internet, and perhaps the future of organizing society. Web1 was an era with open and decentralized protocols. Most online activity consisted of browsing static pages. Web2, the current era, marks the end of open, decentralized protocols. Most online activity was done by browsing static pages.
Tatiana Revoredo is a founding member of the Oxford Blockchain Foundation and is a strategist in blockchain at Saïd Business School at the University of Oxford. A Massachusetts Institute of Technology expert, Tatiana is chief strategy officer of The Global Strategy. Tatiana was invited by both the European Parliament to Intercontinental Blockchain Conference, and by Brazil to the public hearing regarding Bill 2303/2015. Her books include: Blockchain: Tudo O Que Você Precisa Saber International Scenario Cryptocurrencies: What is the position of central banks, governments and authorities regarding cryptocurrencies?
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