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Introduction

  • 2025
  • OriginalPaper
  • Chapter
Published in:
Author
Wolfgang Prinz
Published in
Tokenizing the Future
Publisher
Springer Nature Switzerland

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Abstract

This chapter delves into the evolution of the internet from Web 1.0 to Web 3.0 and Web3, highlighting the transformative potential of decentralized technologies like blockchain. It distinguishes Web3 from the Semantic Web, emphasizing Web3's focus on decentralization and user empowerment. The text explores blockchain's role in enhancing data sovereignty, security, and trust without intermediaries, and its impact on industries through applications like DeFi and NFTs. It also discusses the integration of Web3 with XR and generative AI, and the potential of this combination in creating new digital economies. The chapter concludes by suggesting the 'Economy of Things' as a fitting term for the field at the intersection of Web3, AI, and the Internet of Things.
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next chapter The Web’s Evolution: The Socio-Technical Transition Towards a Decentralized Web3
Title
Introduction
Author
Wolfgang Prinz
Copyright Year
2025
Book
Tokenizing the Future

Print ISBN: 978-3-031-91404-1

Electronic ISBN: 978-3-031-91405-8

Copyright Year: 2025

DOI
https://doi.org/10.1007/978-3-031-91405-8_1
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