Web3

Web3 is the third iteration of the World Wide Web. It is a decentralized internet, powered by blockchain technology. It incorporates token-based economies, including cryptocurrencies and more. Here, we've collected the best resources to learn about the Web3 ecosystem, how it works, and what's next.

Featured Resources

Open link on spectrum.ieee.org

Explaining Worldcoin, the cryptocurrency collecting biometric data

IEEE Spectrum

Article

An ambitious project launched by OpenAI's founder Sam Altman, Worldcoin aims to provide a global financial and identity network based on proof of personhood via biometric scanning of individuals' irises. This five-minute article breaks down the underlying technology and touches on the backlash to the idea of a global database of individual biometric data.

Open link on fingfx.thomsonreuters.com

The future uses of blockchain, explained

Reuters

Data Visualization

The hype around cryptocurrency has had booms and busts, but the underlying technology—blockchains—continues to offer tantalizing possibilities around future uses. Blockchains can be thought of as a running list of details, where new details are added to the running chain as discrete "blocks." They have three key features—no single entity controls the chain (decentralized), everyone can see all transactions (transparency), and blocks can't be changed once added (immutable). With crypto, most blocks recorded individual transactions; however, each block's details could be anything. This flexibility lets blockchain be used in commerce, legal filings, healthcare records, and more.

Open link on intelligence.weforum.org

Explore the metaverse with this mind map

World Economic Forum

Interactive

The metaverse is a complex concept that involves interlocking and rapidly evolving parts, including Web3, augmented reality, and trademark law. It’s easy to get overwhelmed when faced with the new legal, financial, ethical, and creative intersections of our reality and its virtual echo. This mind map details the metaverse and its implications for various fields that interact and overlap. Click through the map to read and listen to topic summaries or explore more in-depth resources.

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