Role Of Web 3 0 In Blockchain Training Ppt

Slide 1

This slide illustrates the concept of web 3.0 in blockchain technology. It explain that web 3.0 is the third generation of the internet, also known as decentralized web which is an enhancement over web 2.0.

Slide 2

This slide highlights the multiple benefits of web 3.0 in blockchain technology such as transparency, fewer middlemen, privacy, data ownership & sharing, and incentivize creators.

Instructor’s Notes:

The different advantages of web 3.0 in blockchain technology are as follows:

Transparency:

• The major advantage of web 3.0 is that the users can track their data and analyze the user's source code
• Non-profit organizations create the most important blockchain-based platform

Fewer Middlemen:

• The decentralization platform promises to connect companies directly with the customers, and no third parties will be involved or will receive any share from the business
• It is not possible to remove all the intermediaries with the use of blockchain network, Hence, there is still the need for adequate regulations and a system to monitor that fairness is maintained across all users

Privacy:

Data Ownership & Sharing:

• Web 3.0 provides the user with a profile that is private and can be used across platforms
• If the user wants to share or sell their data to the brands or advertisers, it can be shared easily as the authenticity of the data has already been checked

Incentivize Creators:

• Web 3.0 helps users with new business ideas to connect with the major organizations to work together
• Due to elimination of intermediaries through the blockchain network, any user can establish business and connect directly with customers

Slide 3

This slide showcases the multiple impacts of web 3.0 that will helps to bring in the business such as open or transparent, trustless, and decentralized.

Instructor’s Notes:

The multiple impacts of web 3.0 are as follows:

Open or Transparent: 

• The openness of web 3.0 will ensure that any program built in the network will be accessible to a community of developers on the internet
• The development and deployment of such programs are done in a transparent manner
• Open-source programs are virtual resources and should be available to any user who can leverage its benefits 

Trustless:

• A trustless network ensures that no intermediary will be involved in online transactions or interactions 
• In the blockchain, all transactions involving cryptocurrencies are done only with the participation of individuals that are a part of the network
• Only the buyer and seller are connected in a peer-to-peer network, and no intermediary is involved in the transaction

Decentralization:

Slide 4

This slide illustrates the comparison between web 1.0, 2.0, 3.0. They are compared on parameters like ecosystem, web type, user count, content creation, content type, platforms used, and communication channels.