Simon Fabri' s blog – Perspectives on the world of the connected everything
Web 3.0 is being touted as the next era of the Internet. Web 2.0 introduced the smartphone internet, dominated by social media. Will Web 3.0, underpinned by the same tech as used by cryptocurrencies, herald a utopia of a decentralised Internet that works better for its users?
The past twelve months has seen the crypto-currency bubble well and truly burst. Bitcoin is only the most largest, and hence, most visible digital currency to have lost most of its value. An index of the top thirty cryptocurrencies in use, CCI30 shows that these have lost in excess of 75% of their value since the beginning of the year, a loss that puts even the dot com bust to shame. Despite a lot of PR indicating otherwise, most financial … Read more…
A sure sign that a once-emerging technology is becoming mainstream is it being given the full front-page treatment by The Economist. This is what happened to “blockchain” technology, the set of cryptographic techniques that underpin Botcoin, the digital currency, when The Economist referred to it as The Next Big Thing. While I am pretty certain that most that esteemed magazine’s readers would never have come across the term blockchain before, the article was not short of hyperbole, equating its invention in the … Read more…