Web3 technology promises a shift towards digital sovereignty, where blockchain enables individuals to control their data and experiences online. This revolution offers a digital identity that promotes personal empowerment, where the internet is custom-built for each user's actions and responses.
The new internet requires a shift in mindset and technology to give the power of the internet back to the people. Businesses can benefit from this new internet as well. Adoption of Web3 is taking off while the technologies that power it continue to advance. Underlying that power is every individual and business Web3 ID, which creates trust and affinity between people and brands. Read this blog post to understand how Web3 and Web3 ID are intertwined.
Web3 ID seeks to bridge the gap between the physical world and the digital world, allowing users to reclaim control over their identities, data, and assets. It allows users to have greater consent over when they share information, where it is stored, who it is shared with, and how it is used. By restoring personal control and ownership in the digital space, Web3 ID will enable users to create new social contracts for handling sensitive data.
For the first time in the internet’s history, trust can be a public good shared by everyone and owned by no one. Control of your digital data. Security. Transparency. Convenience. And most importantly, trust. These are just some of the ways blockchain technology will change the world – and your everyday life – for the better.
On October 8, 2020, the United States Attorney General’s Cyber-Digital Task Force published a paper that provides the DOJ’s most comprehensive view to date of both legitimate and illicit cryptocurrency activities. It focuses largely on virtual assets, enforcement milestones, and a road map for increased scrutiny of cryptocurrencies.
IN3 applications can now be written in Rust. What is in this release? - Well-documented API support for Ethereum, Bitcoin, and IPFS. - Customizable storage, transport, and signing. - All of IN3’s verification capabilities with examples and much more!
Web3 revolutionizes business and consumer interactions by decentralizing content storage and services, empowering individuals with control over their digital identities. This new internet presents opportunities for businesses to increase revenue, streamline operations, and save costs, while offering users the chance to own, control, and monetize their data.
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