Decoding Web3: What Is It Exactly?
Inside the Industry
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1h 30m
So what, exactly, is Web3? "Less trust, more truth" is how Gavin Wood, Co-Founder of Ethereum and Creator of Polkadot, describes Web3 in a few words. Web3 is the next evolution of technology that transfers the governance and control of information, transactions, and ownership, through multiple parties over a public blockchain ledger. The rapid acceleration of Web3 adoption is disrupting all industries, including the highly centralized financial services sector. This 90-minute virtual town hall, moderators Jay Steinback (YPO St. Louis) and Patrick Ryan (YPO New Jersey Integrated) will lead a discussion with YPO resources who will present their personal experiences, share timely insights, dismiss FUD (fear, uncertainty and doubt) and leave the audience with a better understanding of how Web3 will impact business and business investments. Decoding Web3 is a multi-part series that delivers Only-in-YPO content related to the Web3 space. The adoption of Web3 technologies such as cryptocurrencies, blockchain, decentralized Finance (DeFi), Non-Fungible Tokens (NFTs), among others, is creating an industry shake-up of incumbents by the disruptors. Reliable and unbiased information is difficult to sift through, thus FSN's Decoding Web3 emerges as peer-trusted and peer-approved source of information within the YPO setting.
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