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Paper Details
Paper Title
Web3 : A Detailed Societal Analysis
Authors
Veer Sagar
Abstract
Web3 is the future heir to modern day internet. It enriches the internet with the ability to create self-governing entities, making it considerably robust and adamantine with the widespread distribution of power. In web3, developers are no longer restricted to producing applications that run on a single server or store data in a single database. Instead, it gives rise to an environment in which applications run on a collective server, a mutual peer-peer network. In other words, this shared space is referred to as the blockchain. All forms of exchange are carried out on this digital infrastructure and users interact directly with one another, eliminating the need for trusted intermediaries. In this paper, we explore the potential societal impact of Web3 and the technologies it enables.
Keywords- Web3, crypto, metaverse, NFTs, DAOs, Web2, Future of Society, Future of Work
Publication Details
Unique Identification Number - IJEDR2201005Page Number(s) - 23-27Pubished in - Volume 10 | Issue 1 | February 2022DOI (Digital Object Identifier) - Publisher - IJEDR (ISSN - 2321-9939)
Cite this Article
Veer Sagar, "Web3 : A Detailed Societal Analysis", International Journal of Engineering Development and Research (IJEDR), ISSN:2321-9939, Volume.10, Issue 1, pp.23-27, February 2022, Available at :http://www.ijedr.org/papers/IJEDR2201005.pdf
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