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What’s up with the Web3.0 industry?!
Chaitanya Chinchlikar
chaitanya.c@whistlingwoods.net
Vice President & Business Head, CTO & Head of Emerging Media
Journey from Web 1.0 to 3.0
Web 1.0 – one creator, many users.
Web 2.0 – many creators, many users with site
control mechanisms by site-owners.
Web 3.0 – many to many with no control interface
¤ Trustless / Permission-less - will run on blockchains
/ decentralized P2P networks
¤ Decentralisation & DAOs
¤ Ubiquity of Connectivity
¤ Cryptocurrencies
¤ Semantic Web
Journey of the Web 3.0 Ecosystem
And where are we now?
Gartner Hype
Cycle for
Emerging
Technologies
2015
Gartner Hype
Cycle for
Emerging
Technologies
2016
Gartner Hype
Cycle for
Emerging
Technologies
2017
Gartner Hype
Cycle for
Emerging
Technologies
2018
Gartner Hype
Cycle for
Emerging
Technologies
2019
Gartner Hype
Cycle for
Emerging
Technologies
2020
Gartner Hype
Cycle for
Emerging
Technologies
2021
Gartner Hype
Cycle for
Emerging
Technologies
2022
The Dunning-Kruger Curve
The Dunning-Kruger Curve
Web 3.0
NFTs
Cryptocurrencies
Blockchain
So, what do we do in/with this new Web 3.0 world? 🤔
Ans: Go on Holiday! 🏖
Just kidding!😉 Though, not really…
Say you are making plans for a vacation and are on a budget, you currently would have to spend hours
looking for flights, accommodation, car rentals, trawling through numerous websites and comparing prices
and figuring out which is the most efficient use of your time & money.
With Web 3.0, intelligent search engines (bots) will be able to collate all this information and generate
tailored recommendations based on your profile & preferences, saving you hours of work…
And then other intelligent payment solutions will recommend to you which particular cryptocurrency you
should use to pay which of the vendors, to give you maximum value.
Web 3.0
These are some of the Web 3.0
equivalents of Web 2.0 popular
portals.
Would be interesting for you to login
and check them out for you to
understand the difference in
operations.
In Summary…
The journey from Web 2.0 to 3.0 must be made.
The motto should be to fail repeatedly & fast while you learn from your mistakes and
eventually stop failing.
THANK YOU
Chaitanya Chinchlikar
Vice President & Business Head
Chief Technology Officer & Head of Emerging Media
chaitanya.c@whistlingwoods.net

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