Tuesday, September 27, 2022

The Future of the Web: The good, the bad and the very weird - Steve Ranger, ZD Net

Concepts like Web3 promise a decentralised vision of the internet whereby the power of the big tech companies is broken.  Web3 would use blockchain technologies to effectively create digital assets which you are then able to exchange or trade as you see fit. Of course, the reputation of NFTs, blockchain, Bitcoin and much of the De-Fi world has taken a hammering recently, being widely viewed more as a source of dismal get-rich-quick schemes and projects with major security flaws than the future of the internet. However, it's clear that beyond this messy current situation lies the potential for significant disruption. Virtual reality and augmented reality could allow the digital world to become visible around us -- overlaying everyday reality with fantastic creatures or simply serving up reminders of useful information (what was his name again?).