Web3 will be key to the future of China's internet, says security regulator
Yao Qian predicted that Web3 will reorganize the organizational form and business model of the Internet economy and offer a level playing field for all. The director of the Science and Technology Supervision Bureau of China’s Securities Regulatory Commission Yao Qian has called for a special focus on Web3, deeming it to be the future of the internet.Yao published an article titled "Web 3.0: A New Generation of Internet that is Approaching," talking about the significance of the evolving tech and how the world is at a crucial transition from Web2 to Web3.The article talked about the....
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Web3 technology is here to revolutionize how the current internet works. Web3 achieves this by decentralizing the current framework into various pieces instead of centralized technologies. “Web3” is the name some technologists have given to the idea of an internet service built using decentralized blockchains. Why Web3? The internet is evolving; its influence on us […]
Embr is an all-remote corporation building a global Web3 fundraising infrastructure, and Checkout is the first of many product releases focused on moving startups and creators into a new era of the internet. Web3 has the potential to rewrite the future of economic opportunity for innovators and investors everywhere. Still, crypto first-timers and veterans alike often suffer through long, error-prone processes when purchasing digital assets. Embr Checkout eliminates all friction from the current state of token purchases, enabling people to buy tokens with nothing more than a credit card and....
“The seamless payments infrastructure and user experience derived from Web2 will be the backbone of Web3’s success,” said Max Rothman. The real economic utility of Web3 — a broad term that refers to some future iteration of the internet — can only be realized by utilizing existing payment onramps and offramps, according to Max Rothman, vice president of crypto and digital assets at Checkout.com. In an interview with Cointelegraph, Rothman explained that companies operating in Web2 and Web3 are largely sioled from one another, which means they cannot access each other’s benefits. “Web2....
Web3 security’s not only about money; it’s about the culture and values that the community protects, which brings out the need for education, points out Cointelegraph’s Kristina Cornèr. Celebrating the myriads of accomplishments earned by the crypto ecosystem, Immunefi, Electric Capital, Bitscale Capital and MA Family together hosted The Bug House — a party for bringing together the global Web3 community. In a panel hosted by Cointelegraph, editor-in-chief Kristina Lucrezia Cornèr sat with Mitchell Amador, founder and CEO at Immunefi, and Brendan Eich, founder and CEO of Brave browser, to....
Polarization in public discourse is increasing, and to stop it, the world desperately needs the next generation of the internet: a decentralized Web3. Recent geopolitical events have polarized the world. Partisanship and the ideological divide have further balkanized the internet, whose gatekeepers have trampled upon the rights of millions to access financial services. Nations are gradually waking up to the reality of having neutral protocols and national stacks. Hailed as the next generation of the internet, Web3 will be sanction-resistant and free of data silos. Gavin Wood, co-founder of....