KEY POINTS
- Gavin Wood, founder of blockchain infrastructure company Parity Technologies, coined the term “Web 3.0” in 2014, laying out his vision of the future of the internet.
- For Wood, Web3 is truly decentralized and a more democratic version of the current internet — one that is not dominated by a handful of huge players like Amazon and Microsoft as it is today.
- Wood said that while cryptocurrencies have become popular, Web3 may not rely heavily on cryptocurrencies.
https://www.cnbc.com/2022/04/20/what-is-web3-gavin-wood-who-invented-the-word-gives-his-vision.html
What is 'Web3'? Here's the vision for the future of the internet from the man who coined the phrase
For Gavin Wood, Web3 is truly decentralized version of the current internet, one that is not dominated by a handful of huge players like Amazon and Microsoft.
www.cnbc.com
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