Why Web3 is Revolutionary
[Off-camera] Christian Ferri, good morning. You’re the founder and CEO of Web3 Pro. You’re a globally acclaimed blockchain pioneer since 2010. You’ve authored a seminal book on the subject. You’ve founded the Blockchain Compliance Foundation. You’ve advised companies such as Walmart, HP, AT&T, Atari, and Sapien. You’re a guest lecturer at Cornell. You’ve been...
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Individuals Will Finally Own Their Own Identity
So, we can think, for example, [of] the societal changes—how human beings will interact with each other. Knowing everything that they will be doing and interacting with one another, with entities, organizations, governments, and enterprises will be recorded permanently. So, think about how that’s going to affect the paradigm of “when the cat’s away the...
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Web3’s Power to Authenticate
Another important point is about the internet of value. We all assume that the internet is the source of truth, the information that we find when Googling something are taken for granted. When in reality, we don’t know. We just don’t know. I think the real power of Web3 will be to really authenticate and...
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How Web3 Will Impact the World
And that leads to the second point, which is the future of data and how it will be compartmentalized, how it will be monetized. We think that now we own our data, now we own our preferences and informations, all these companies out there might be really interested in paying us to get access to...
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How Companies Will Need to Change
[Off-camera] Christian, being a CEO yourself, what advice would you give to other CEOs about envisioning possibilities of Web3 for their own companies, and how should they carry their people with them into this new world? [Christian] Dev, if you think about what Web3 is, which is a boundary-less multiverse, and we think about...
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How the Nature of Design and Culture Itself Will Need to Change
Now, if we’re talking about art, we think about what the role of designers might be in a Web3 world. And I’m not specifically talking just about a clothing company or fashion company or designer that creates skins for video games. I’m talking about any source of art or design which could be manufacturing powered...
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Communities, Cooperatives, and True Democratization
The last point we have to consider, Dev, is the skills and mindsets required to succeed in a Web3 world. First, obviously, the skills—they aren’t just the technical skills required, but also basic skills attuned to listening to what the community is really asking. And, you know, it’s not simply about serving the community, but...
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The Changing Nature of Trust
Another trend that I foresee happening with the new Web3 society, let’s call it, is how consumers and individuals will be able to monetize their information. So I foresee being marketplaces where individuals will offer their PII and on the other hand, market research companies, like Manion, out there, to offer, to compensate individuals for...
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Message to World Leaders
[Off-camera] Christian, if you were addressing the leaders of the world on Web3, on the stage of the United Nations, what message would you give them? [Christian] First thing is to keep an open mind. Web3 can be scary for most, especially governments when they have to safeguard the, the livelihood of thousands of millions...
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