Web3 Explained: Unlocking the Decentralised Future
Systango2
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9 slides
Jun 27, 2024
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About This Presentation
Web3 development, empowering users and fostering innovation, is shaping a secure and transparent future for the internet. For more information, visit our website at https://www.systango.com/services/web3-and-blockchain-development
Size: 10.13 MB
Language: en
Added: Jun 27, 2024
Slides: 9 pages
Slide Content
Web3 Explained: Unlocking the Decentralised Future
What’s ahead? What is Web3? Core Principles Key Technologies Benefits Real-world Use Cases Future of Web3
What is Web3? Also known as Web 3.0. The next iteration of the World Wide Web, envisioned as a more democratic and user-centric web. Focuses on decentralisation, giving users more control over their data and digital assets. Leverages open protocols to enable seamless interaction between applications.
Core Principles of Web3 01 Decentralisation : Power distributed across a network, not controlled by a single entity. 02 User Ownership : Users own their data and digital assets. 03 Openness & Interoperability : Open protocols allow applications to interact seamlessly. 04 Machine Learning & AI : Used for personalisation and intelligent applications.
Key Technologies of Web3 Blockchain : The foundation of Web3 , a secure and transparent distributed ledger. Cryptocurrencies : Digital assets used for transactions and value transfer. Smart Contracts : Self-executing contracts on the blockchain, automating transactions. dApps : Decentralised applications built on blockchains, offering user-owned services. Blockchain Cryptocurrencies Smart Contracts dApps
Benefits of Web3 Development 01 Security: Blockchain technology provides enhanced security against data breaches. 02 Transparency: All transactions are publicly verifiable on the blockchain. 03 User Control: Users own their data and digital assets. 04 Innovation: Open protocols foster innovation and the creation of new applications. 05 Efficiency: Decentralised systems can be more efficient and scalable.
Decentralised Finance (DeFi) Building alternative financial systems without central banks. Decentralised Exchanges (DEXs) Peer-to-peer cryptocurrency trading without intermediaries. Non-Fungible Tokens (NFTs) Creating unique digital ownership for assets like art and collectables. Play-to-Earn Gaming Rewarding players with cryptocurrencies for playing games. Real-World Use Cases of Web3 Development 01 02 03 04
The Future of Web3 Development Continued innovation in blockchain scalability and efficiency. Widespread adoption of Web3 applications across industries. Emergence of a more decentralised and user-centric internet. Integration of Web3 with the Internet of Things (IoT) and Artificial Intelligence (AI).
Conclusion Web3 development, empowering users and fostering innovation, is shaping a secure and transparent future for the internet. Its potential across industries is immense. Ready to build a secure and user-centric future with Web3? Partner with Systango . Their expertise in Web3 technologies can empower you to harness the power of a decentralised future. Contact: +44 7917787932, email: [email protected] .