With avement of Web3, the classic tools we use every day (Youtube, Facebook, Stripe, Linkedin, etc.) have found their alternatives in a decentralized and anonymous version. Most claim they are beyond GAFAM’s control. Review of these new 3.0 players that can disrupt our habits in different parts of the Internet.
On October 20, the largest event dedicated to fintech in France will take place in Paris – La Défense: The Fintech Revolution “. It’s a safe bet that the topic of DeFi (Decentralized Finance) and its profound change in payments will be on the minds of participants. If Web2 has taught us to use centralized platforms like PayPal to pay for online purchases. Web3 speeds up the process with “Wallet” (eg: MetaMask) which allow cryptocurrencies to be transferred lightning fast and “frictionless” using a digital and anonymous key. This is also the case for payment processors like Tape who leave their place in Web 3.0 to newcomers like Swing.xyz. A unified API that allows developers worldwide to trade crypto assets (NFTs, cryptocurrencies…) using blockchain smart contracts, relays and cross-chain bridges.
In the world of work
The tools of the working world are not left aside. Independent platforms such as Upwork Where malty may face new competition with players like Brain trust, a kind of tech cooperative where all the freelancers who sell their service own a part of the platform and become decision makers. The 10% charge on the customer’s bill is used to pay network charges. The workers who discovered Larger during covid, will be able to choose Huddle01 which allows for one-click meeting initiation, token-protected chat rooms, NFT avatars, and decentralized storage. Developers used to Github will be able to choose The radicle. Article writing habits in Medium will be able to try out the online publishing platform experience Viamirror related to Web3. The fans of Vercel will be able to project themselves on Web3 using SpheronHQ
In social networks
The regulars of WhatsApp you can try the experience ofmorningWallet-to-wallet messaging API that connects communities across the Web3. Facebook AND I tweet sometimes contested for data use and privacy protection eto be “bullyinges” from Lens protocol who promises to own 100% of his profile, his digital identity, his usage and his earnings on Web3. Those looking for work in LinkedIn could see in Cleoversea new spring for creating a professional identity using blockchain. Cleoverse uses NFTs to visualize an individual’s proof of Web3 talent based on the projects they have completed with CAD (decentralized autonomous organizations). Thus, the platform replaces the need for the traditional and dated CV. Discord community creators will be able to opt out OrbisClub on Web3.
Fun and knowledge
Brave proposes to forget the Google Chrome browser by betting on confidentiality and decentralization. You use Youtube on Web2, discover Lenstubexyz, a decentralized and open source social video sharing platform built on the Lens protocol. Spotify music lovers can test Audius Project. Twitch followers will be able to play live Livepeer. Those eager for Wikipedia knowledge can go to the Everipedia Web3 site.
Waiting for data
If everyone knows AWS Cloud (Amazon Web Services) to host its data, it will be necessary to rely on Web3 in new protagonists that guarantee anonymous and decentralized hosting such as filecoin : decentralized storage protocol in which participants exchange unused storage space on the blockchain in exchange for FIL tokens. The data is stored on several computers around the world. In the same spirit of decentralization as Filecoin, Arweave offers hisPermaweb”: a type of collective hard drive with persistent storage that connects users who own space. A form ofUber storage. On his side, MongoDBa database management system from web2 is being “bullied” by a newcomer: ceramic, a decentralized network that brings unlimited data composition to Web3 applications. Regarding the protection of his identity and private life: NordVPNit will now have to reckon with its web3 counterpart: Whoopswhich hides all metadata, including IP addresses, when transferring information….
In relation to these new tools, the objective of Web3 is to be more secure (with cryptography), resilient (thanks to a globally distributed infrastructure), resistant to censorship (absence of central authorities to block access to content), open (no need for permission to participate) and private (lacking centralized servers). It remains to be seen whether all these new tools will succeed in having the same brand power and punch as those of the Web2 players. To be continued…
Tribune written by Anne-Sophie LAIGNEL, Managing Director of iPaidThat
<<< Also read: DeBond protocol at the forefront of the Web3.0 revolution >>>