With the avement of Web3, the classic tools we use on a daily basis (Youtube, Facebook, Stripe, Linkedin, etc.) have found their alternatives in a decentralized and anonymous version. Most claiming to be outside the control of GAFAM. Review of these new 3.0 players who could upset our habits in different parts of the web.
On October 20, the biggest event dedicated to fintech in France will take place in Paris – La Défense: “ Fintech Revolution “. It’s a safe bet that the theme of the DeFi (Decentralized finance) and its profound change in payments will be in the minds of participants. If Web2 has accustomed us to using centralized platforms like PayPal to pay for online purchases. Web3 speeds up the process with “Wallet” (ex: MetaMask) which allow cryptocurrencies to be transferred at lightning speed and without “friction” using a digital and anonymous key. This is also the case for payment processors like Striped who leave their place in Web 3.0 to newcomers like Swing.xyz. A unified API that allows developers around the world to trade crypto assets (NFTs, cryptocurrencies…) using blockchain smart contracts, relays and cross-chain bridges.
In the working world
The tools of the world of work are not left out. Freelance platforms such as Upwork Where Malt could face new competition with players like Braintrust, a kind of technological cooperative where all the freelancers who sell their service, own part of the platform and become decision makers. The 10% charge to the customer’s bill being used to pay network expenses. The workers who discovered Zoom during the Covid, will be able to opt for Huddle01 which allows one-click meeting launches, token-protected chat rooms, NFT avatars and decentralized storage. Developers accustomed to Github will be able to choose Radicle. Customaries of writing articles on Medium will be able to try the experience of the online publication platform Viamirror connected to Web3. The fans of Vercel will be able to project themselves into Web3 using SpheronHQ
On social networks
The regulars of WhatsApp can try the experience ofamursewallet-to-wallet messaging API, which connects communities across the Web3. Facebook and Twitter sometimes contested on the use of data and the protection of privacy could ebe “teasinges” by Lens Protocol which promises to own 100% of its profile, its digital identity, its use and its monetization in Web3. Those looking for a job in LinkedIn could see in Kleoversea new spring for creating a professional identity using the blockchain. Kleoverse uses NFTs to visualize an individual’s proof of Web3 talent based on the projects they have completed with the CAD (decentralized autonomous organizations). Thus, the platform replaces the need for the traditional and dated CV. Community creators on Discord will be able to opt for OrbisClub in Web3.
Entertainment and knowledge
Brave proposes to forget the Google Chrome browser by betting on the ground of confidentiality and decentralization. You use Youtube on the Web2, discover Lenstubexyz, a decentralized and open-source video-sharing social platform built with the Lens protocol. Spotify music lovers can test Audius Project. Twitch followers will be able to livegaming on Livepeer. Those who are thirsty for knowledge on Wikipedia can go to the Web3 page on Everipedia.
If everyone knows AWS Cloud (Amazon Web Services) to host its data, it will be necessary to rely in Web3 on new protagonists guaranteeing anonymized and decentralized hosting such as filecoin : decentralized storage protocol in which participants exchange unused storage space on the blockchain in return for FIL tokens. The data being stored on several computers around the world. In the same spirit of decentralization as Filecoin, Arweave offers hisPermaweb”: a sort of collective hard disk with perpetual memory that connects users who own space. A form ofUber storage. On his side, MongoDBa database management system from web2 is being “teased” by a newcomer: Ceramic, a decentralized network that brings unlimited data composability to Web3 applications. Concerning the protection of his identity and his private life: NordVPNwill now have to reckon with its counterpart in web3: Hoprwhich hides all metadata, including IP addresses, when transferring information….
With regard to these new tools, the objective of Web3 is therefore 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 (with the lack of centralized servers). It remains to be seen whether all these new tools will manage to have the same brand power and strike force as those of Web2 players. To be continued…
Tribune written by Anne-Sophie LAIGNEL, Managing Director iPaidThat
<<< Also read: DeBond Protocol at the forefront of the Web3.0 revolution >>>
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