Is #Web3 A Revolution Built on Sand? ๐คฏ
Wondering why a #Web3 startup says this? ๐ซ
Here is the answer.โคต๏ธ
In todayโs blockchains, even though participants own the values being managed, they are structured at the application level.
For example, in the currently proposed web3 end-state, a person who uses digital applications for everyday living, like Uber for transport, Zomato for food, Meta for social media, Twitter for messaging, and so on, will have their values created and managed in independent app-specific blockchains in the future.
This situation will be even more challenging in a digitally interacting world with billions of assets and capabilities that will need to be supported in an inter-operable manner.
With the world operating using digital, every dimension of human value will require its own app and chain in the current Web3 model. ๐
However, these values belong to the same individual, and their true utility lies in a composite view of all values, with the ability to dynamically inter-operate between them in an interaction based on personalized user preferences.
So here's the question- Can we Manage Value, Not Just Informationโ
Unfortunately, this is currently infeasible in today's Web3 model, which was built to support cryptocurrencies based on a model for managing information.
Instead, Web3 needs to shift towards managing values, which is fundamentally participant-centric.
MOI.Technology is built to address the same issue, mentioned above! โ๏ธ
We bet you want to know more about #MOI now, so comment with a '๐' below and let's discuss more! โคต๏ธ
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#MOI #blockchainrevolution #web3 #p2p #futuretechnology #decentralisation