Betting on Web3
商品編號：W34904
出版日期：2023/11/09
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商品主題：Entrepreneurship
商品類型：Article
涵蓋議題：IBJ Interviews, Innovation, Technology, Disruption, Entrepreneurship
難易度： -
內容長度：13 頁
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Given the turmoil in the cryptocurrency sector, some say the blockchain revolution is over. Others think market setbacks and implementation challenges will eventually be overcome, potentially enabling the mass adoption of a decentralized “Web3” that will revolutionize how people work, play, and earn a living. So, what should executives think? In this Ivey Business Journal interview, Alex Tapscott discusses what has happened since the publishing of Blockchain Revolution, along with his new book Web3: Charting the Internet’s Next Economic Frontier. Tapscott explains how with the rise of Web2, Internet users agreed to a system of digital feudalism by giving away their data in exchange for free services. The future he sees will invert the model from digital feudalism to a form of self-sovereign identity where you control and own your data, and you decide how and when it’s used—and if it’s used, you can get compensated. People will enjoy more privacy rights and many might end up working for a decentralized autonomous organization (DAO), which will benefit people in places where local markets don’t offer many employment opportunities. Creators will enjoy new ways to connect with fans and directly earn money from them, while fans will have a new way to experience the creativity they enjoy. However, without decentralized blockchain we’ll end up with hyped-up databases controlled by a single company, which wouldn’t be Web3 but “virtual Disneylands.”
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