Web 3.0 is changing computing, the internet, and society -- blockchains, cryptocurrencies, and the decentralized web



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Recording Details

Speaker(s): 
Collection/Series: 
PIRSA Number: 
19050040

Abstract

Computing has had many fundamental platform shifts in its history, and each came shrouded with mystery, hype, and dazzling potential: Alan Turing's universal machines, Doug Engelbart's Dynamic Knowledge Repository, J.C.R. Licklider's Intergalactic Network, the development of the internet, and all the waves of personal computers. More recently, Web 1.0, Web 2.0, and now Web 3.0 have all been heralded with barely-working demos and baffling hype, only to quietly install and broadly distribute fundamental improvements to our everyday life, to our work, and to our society. Each time the smoke cleared, our civilization had been transformed.

 

Right now, there are fundamental improvements being designed, built, and deployed in the web 3.0 landscape. These improvements and the applications they enable have the potential to transform our lives, our societies, and our civilization yet again. Some of those changes have started to happen, but the vast majority loom in the horizon. To understand the potential changes to our future, we must first understand what the technologies are, what properties they have, and what applications and actions they enable. After looking at the pieces concretely, both in theory and in practice, we can then put the puzzle of the future back together.

 

This colloquium will explore:

- What web 3.0 is, and its key technologies
- Decentralized Web systems, and their applications
- Blockchain systems, as a next generation platform for computing
- Cryptocurrencies, and the systems they enable
- Smart contracts and autonomous programs
- Cryptoeconomics and incentive structure engineering
- Open Services -- open source internet-wide utilities
- and a set of Open Problems in the field.