full image - Repost: 3 New Internet Layers That Web3 Provides That Can Inspire Climate Tech Explorers (from Reddit.com, 3 New Internet Layers That Web3 Provides That Can Inspire Climate Tech Explorers)
Mining:
Exchanges:
Donations:
Global demand for the dirtiest fossil fuel is driving prices to record highs.So, as we experience a massive wave of people realizing that the global economy needs to be decarbonized at full speed, more and more people are exploring Climate Tech. Doing my research on Web3 while trying to spread findings with other Climate Tech enthusiasts has been challenging because, as Web3 is a new technology, there are significant limitations to understanding what it is and the barriers and opportunities it gives us for Climate Tech.To help inspire climate-tech Explorers, here are 3 ways to explain what Web3 is in terms of new layers that it adds to the internet:🤳 Layer #1. IdentityYou get control over your personal data and can protect it from breaches.In contrast, in the current Web2 era, individuals typically rely on centralized entities, such as social media platforms and online marketplaces, to manage their digital identity.🔒 Layer #2: Data-ownership“Web1 is read-only, Web2 is read-write, Web3 is read-write-own.”This is a response to social networks not keeping our data secure and selling it for their profits. Web3 lets you own what you create online, not just read and publish.💰 Layer #3. MoneyIt’s like Reddit but with money instead of upvotes.No more banking fees or sneaky intermediaries taking a cut. It enables enables peer-to-peer transactions without the need for intermediaries like banks. This has significant implications for Climate Tech, helping develop decentralized finance (DeFi) applications.Overall, Web3 has the potential to revolutionize how we interact with the internet and each other. By putting control back in the hands of individuals and enabling secure, transparent, and tamper-proof transactions, Web3 can help to accelerate the transition to a more sustainable, decentralized, and equitable global economy.⚠️ CautionWeb3 in the Climate Tech ecosystem comes with its own set of challenges, such as:Project monitoring, evaluation, and learning (MEL), andMeasurement, reporting, and verification (MRV) of emissions and carbon credits.TransparencySecurityAddressing these challenges will be crucial in unlocking the full potential of Web3 for Climate Tech and achieving a sustainable future.https://ift.tt/529OjwV
Social Media Icons