What is Web 3.0?

And what Tech Startup Founders need to know

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How is this related to blockchain?

The key technology that enables Web 3.0 is blockchain technology because it allows us to create decentralized ledgers of transactions which can be shared among many different parties without relying on any central authority to oversee them or verify their accuracy.

Why does this matter?

The concept of Web 3.0 has been around for over a decade now, and it’s not clear how much progress has actually been made toward achieving it. Blockchain is still in its early days, but it’s also moving more quickly than the Web 3.0 concept, making it seem more plausible that this technology will make some kind of contribution to the future of the Web.

What do Startup Founders need to know?

Startup founders should be aware of the concept of Web 3.0 because it may influence how people make decisions about the adoption of blockchain technology in the future.

Founder of Cudy Technologies (www.cudy.co), a full-stack EdTech startup helping teachers and students teach and learn better. I am also a mentor and investor.