{"id":11058,"date":"2022-07-12T11:49:13","date_gmt":"2022-07-12T14:49:13","guid":{"rendered":"https:\/\/uruit.com\/blog\/?p=11058"},"modified":"2023-07-05T17:15:05","modified_gmt":"2023-07-05T20:15:05","slug":"the-rise-of-web3-digital-products","status":"publish","type":"post","link":"https:\/\/uruit.com\/blog\/the-rise-of-web3-digital-products\/","title":{"rendered":"The Rise of Web3 Digital Products"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_17 counter-hierarchy counter-decimal ez-toc-grey\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\">Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" style=\"display: none;\"><i class=\"ez-toc-glyphicon ez-toc-icon-toggle\"><\/i><\/a><\/span><\/div>\n<nav><ul class=\"ez-toc-list ez-toc-list-level-1\"><li class=\"ez-toc-page-1 ez-toc-heading-level-1\"><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/uruit.com\/blog\/the-rise-of-web3-digital-products\/#The_Impact_of_Web3_Digital_Products_on_the_Internet_Today\" title=\"The Impact of Web3 Digital Products on the Internet Today\">The Impact of Web3 Digital Products on the Internet Today<\/a><ul class=\"ez-toc-list-level-3\"><li class=\"ez-toc-heading-level-3\"><ul class=\"ez-toc-list-level-3\"><li class=\"ez-toc-heading-level-3\"><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/uruit.com\/blog\/the-rise-of-web3-digital-products\/#How_Do_Web3_Apps_Afect_The_Internet_Today\" title=\"How Do Web3 Apps Afect The Internet Today?\u00a0\">How Do Web3 Apps Afect The Internet Today?\u00a0<\/a><\/li><li class=\"ez-toc-page-1 ez-toc-heading-level-3\"><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/uruit.com\/blog\/the-rise-of-web3-digital-products\/#The_Decentralization_Debate_of_Web3_Apps\" title=\"The Decentralization Debate of Web3 Apps\u00a0\">The Decentralization Debate of Web3 Apps\u00a0<\/a><\/li><li class=\"ez-toc-page-1 ez-toc-heading-level-3\"><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/uruit.com\/blog\/the-rise-of-web3-digital-products\/#The_Role_of_AI_in_Web3_Apps\" title=\"The Role of AI in Web3 Apps\u00a0\">The Role of AI in Web3 Apps\u00a0<\/a><\/li><\/ul><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h1><span class=\"ez-toc-section\" id=\"The_Impact_of_Web3_Digital_Products_on_the_Internet_Today\"><\/span><span data-sheets-value=\"{&quot;1&quot;:2,&quot;2&quot;:&quot;Impact of Web3 Digital Products on the Internet Today&quot;}\" data-sheets-userformat=\"{&quot;2&quot;:15231,&quot;3&quot;:{&quot;1&quot;:0},&quot;4&quot;:{&quot;1&quot;:2,&quot;2&quot;:16777215},&quot;5&quot;:{&quot;1&quot;:[{&quot;1&quot;:2,&quot;2&quot;:0,&quot;5&quot;:{&quot;1&quot;:2,&quot;2&quot;:0}},{&quot;1&quot;:0,&quot;2&quot;:0,&quot;3&quot;:3},{&quot;1&quot;:1,&quot;2&quot;:0,&quot;4&quot;:1}]},&quot;6&quot;:{&quot;1&quot;:[{&quot;1&quot;:2,&quot;2&quot;:0,&quot;5&quot;:{&quot;1&quot;:2,&quot;2&quot;:0}},{&quot;1&quot;:0,&quot;2&quot;:0,&quot;3&quot;:3},{&quot;1&quot;:1,&quot;2&quot;:0,&quot;4&quot;:1}]},&quot;7&quot;:{&quot;1&quot;:[{&quot;1&quot;:2,&quot;2&quot;:0,&quot;5&quot;:{&quot;1&quot;:2,&quot;2&quot;:0}},{&quot;1&quot;:0,&quot;2&quot;:0,&quot;3&quot;:3},{&quot;1&quot;:1,&quot;2&quot;:0,&quot;4&quot;:1}]},&quot;8&quot;:{&quot;1&quot;:[{&quot;1&quot;:2,&quot;2&quot;:0,&quot;5&quot;:{&quot;1&quot;:2,&quot;2&quot;:0}},{&quot;1&quot;:0,&quot;2&quot;:0,&quot;3&quot;:3},{&quot;1&quot;:1,&quot;2&quot;:0,&quot;4&quot;:1}]},&quot;9&quot;:0,&quot;11&quot;:3,&quot;12&quot;:0,&quot;14&quot;:{&quot;1&quot;:2,&quot;2&quot;:0},&quot;15&quot;:&quot;Calibri&quot;,&quot;16&quot;:11}\">The Impact of Web3 Digital Products on the Internet Today<\/span><span class=\"ez-toc-section-end\"><\/span><\/h1>\n<p><span data-contrast=\"auto\">While web3 trends are definitely on the rise today, that doesn\u2019t necessarily mean many people have the best idea of which web3 examples of innovation and forward thinking are going to take hold in this exciting new online space.<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559740&quot;:276}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"auto\">In fact, misunderstandings about web3 companies and what web3 digital products will be able to do remain a challenge for even seasoned technological thinkers in today\u2019s market. This is understandable to a degree \u2013 breakthrough new technologies classically inspire as much caution as they do excitement, after all.<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559740&quot;:276}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"auto\">Nonetheless, as a proactive innovator in web3 apps \u2013 through the creation of our Urulabs rewards and incentives solution \u2013 we remain <\/span><a href=\"https:\/\/uruit.com\/\"><span data-contrast=\"none\">a trusted port of call<\/span><\/a><span data-contrast=\"auto\"> for web3 companies looking to make their mark in this space.<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559740&quot;:276}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"auto\">Unsure where to begin? Look no further. In this article, we&#8217;ll explore the potential not only of web3 companies overall, but also share web3 examples that prove demonstrable value and proof of concept. Expect inspiration aplenty!<\/span><\/p>\n<h3 aria-level=\"2\"><span class=\"ez-toc-section\" id=\"How_Do_Web3_Apps_Afect_The_Internet_Today\"><\/span><span data-contrast=\"auto\">How Do Web3 Apps Afect The Internet Today?<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559738&quot;:360,&quot;335559739&quot;:120,&quot;335559740&quot;:276}\">\u00a0<\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span data-contrast=\"auto\">For around a decade or so, we have cultivated and arranged our entire online lives in what\u2019s known as <\/span><a href=\"https:\/\/www.investopedia.com\/terms\/w\/web-20.asp\" class=\"broken_link external\" rel=\"nofollow\"><span data-contrast=\"none\">Web 2.0, <\/span><\/a><span data-contrast=\"auto\">where informal content creators have as much sway, if not more, than traditional publishing houses and organizations.<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559740&quot;:276}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"auto\">Web 2.0 rose from the ashes of the burst of the dotcom bubble, and in a similar way to the web3 examples of today, not everyone knew what to do with Web 2.0 when it was coming only that it was indeed coming and that they needed to prepare their offerings accordingly.<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559740&quot;:276}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"auto\">With web3 trends, a more educated forward strategy is made possible \u2013 not only because web3 apps often build on the principles of convenience, customization and sharing that have defined the Web 2.0 era, but also because shortcomings within the Web 2.0 framework are now so well documented that solving them is among one of the best web3 examples of innovation around.<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559740&quot;:276}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"auto\">However, let\u2019s not get ahead of ourselves. To understand the digital products that will shape web3 apps and the next frontier of the internet, we need to dig a little deeper.<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559740&quot;:276}\">\u00a0<\/span><\/p>\n<h3 aria-level=\"2\"><span class=\"ez-toc-section\" id=\"The_Decentralization_Debate_of_Web3_Apps\"><\/span><span data-contrast=\"auto\">The Decentralization Debate of Web3 Apps<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559738&quot;:360,&quot;335559739&quot;:120,&quot;335559740&quot;:276}\">\u00a0<\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>You may have heard of web3 apps also being referred to as dApps or decentralized applications. While they benefit from the same functionality of the internet as we know and enjoy today, web3 apps that employ decentralization also experience a growing range of advantages.<\/p>\n<p>You might have heard of the concept of decentralization as primarily stemming from conversations surrounding cryptocurrencies and non-fungible token (NFT) digital assets. While these uses of decentralization have dominated technological conversations in the last few years, in truth, web3 trends are utilizing it to do more than simply mint new tokens on a blockchain.<\/p>\n<p>Indeed, a big focus for web3 apps is privacy and the return of internet control to individuals and smaller groups. This contrasts with the makeup of the World Wide Web today, which is actually largely controlled by immense corporations.<\/p>\n<p><span data-contrast=\"auto\">The issue with that is not only the privacy concerns raised by the likes of the <\/span><a href=\"https:\/\/www.amnesty.org\/en\/latest\/news\/2019\/07\/the-great-hack-facebook-cambridge-analytica\/\" class=\"external\" rel=\"nofollow\"><span data-contrast=\"none\">Cambridge Analytica scandal<\/span><\/a><span data-contrast=\"auto\">. Indeed, it involves the weaknesses inherent in the current structure of the internet overall.<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559740&quot;:276}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"auto\">For example, when major providers fall, enormous swathes of the internet <\/span><a href=\"https:\/\/www.theverge.com\/2022\/6\/21\/23176519\/cloudflare-outage-june-2022-discord-shopify-fitbit-peleton\" class=\"external\" rel=\"nofollow\"><span data-contrast=\"none\">simply vanish from mainstream access<\/span><\/a><span data-contrast=\"auto\">, which is incredibly concerning. To circumvent this, web3 companies often turn to decentralization, where points of failure are so spread out and disparate that the system simply cannot be knocked out or meddled with.<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559740&quot;:276}\">\u00a0<\/span><\/p>\n<p>More crucially, and often a cornerstone of web3 companies\u2019 marketing, the ability for a decentralized database structure to better provide privacy is being welcomed by a growing number of demographics.<\/p>\n<p>People are tired of being tracked, having advertisements forced into their leisure time, and feeling as though their lives are simply farms from which giant corporations are farming untold matrices of personal and professional data. Web3 apps emphasizing privacy often use a similar decentralized model as a blockchain cryptocurrency like Bitcoin, where there is plenty of privacy but <a href=\"https:\/\/www.nytimes.com\/2021\/06\/09\/technology\/bitcoin-untraceable-pipeline-ransomware.html\" class=\"broken_link external\" rel=\"nofollow\"><span data-contrast=\"none\">just enough traceability to prevent crime<\/span><\/a><span data-contrast=\"auto\">.<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559740&quot;:276}\">\u00a0<\/span><\/p>\n<p><img loading=\"lazy\" class=\"alignnone wp-image-11059 size-full\" src=\"https:\/\/uruit.com\/blog\/wp-content\/uploads\/2022\/07\/Blog-banner-1.png\" alt=\"AI in web3 digital products\" width=\"1280\" height=\"327\" srcset=\"https:\/\/uruit.com\/blog\/wp-content\/uploads\/2022\/07\/Blog-banner-1.png 1280w, https:\/\/uruit.com\/blog\/wp-content\/uploads\/2022\/07\/Blog-banner-1-300x77.png 300w, https:\/\/uruit.com\/blog\/wp-content\/uploads\/2022\/07\/Blog-banner-1-1024x262.png 1024w, https:\/\/uruit.com\/blog\/wp-content\/uploads\/2022\/07\/Blog-banner-1-768x196.png 768w, https:\/\/uruit.com\/blog\/wp-content\/uploads\/2022\/07\/Blog-banner-1-750x192.png 750w, https:\/\/uruit.com\/blog\/wp-content\/uploads\/2022\/07\/Blog-banner-1-1140x291.png 1140w, https:\/\/uruit.com\/blog\/wp-content\/uploads\/2022\/07\/Blog-banner-1-20x5.png 20w\" sizes=\"(max-width: 1280px) 100vw, 1280px\" \/><\/p>\n<h3 aria-level=\"2\"><span class=\"ez-toc-section\" id=\"The_Role_of_AI_in_Web3_Apps\"><\/span><span data-contrast=\"auto\">The Role of AI in Web3 Apps<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559738&quot;:360,&quot;335559739&quot;:120,&quot;335559740&quot;:276}\">\u00a0<\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span data-contrast=\"none\">The focus on web3 apps and web3 companies is usually honed on discussions of blockchain technologies and decentralization<\/span><span data-contrast=\"none\">,<\/span><span data-contrast=\"none\"> yet truthfully, this is only one aspect of the web3 examples of innovation and forward-thinking taking place.\u00a0<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;201341983&quot;:0,&quot;335559738&quot;:0,&quot;335559739&quot;:300,&quot;335559740&quot;:259}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"none\">Another cornerstone of this movement being developed by many web3 companies is the broader role of machine learning and artificial intelligence in web3 apps and web3 digital products.\u00a0<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;201341983&quot;:0,&quot;335559738&quot;:0,&quot;335559739&quot;:300,&quot;335559740&quot;:259}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"none\">Even today, many of us are inclined to believe that machine learning and artificial intelligence are far-off concepts <\/span><span data-contrast=\"none\">\u2014<\/span><span data-contrast=\"none\"> the hallmarks of top global universities, the secretive halls of Google and Amazon, or under top secret research by world governments.\u00a0<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;201341983&quot;:0,&quot;335559738&quot;:0,&quot;335559739&quot;:300,&quot;335559740&quot;:259}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"none\">Yet in fact, web3 companies prove that these capabilities are <\/span><span data-contrast=\"none\">already exist and actively collaborate<\/span><span data-contrast=\"none\"> to improve our lives all the time.\u00a0<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;201341983&quot;:0,&quot;335559738&quot;:0,&quot;335559739&quot;:300,&quot;335559740&quot;:259}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"none\">This is more than simply asking your smart speaker <\/span><span data-contrast=\"none\">for<\/span><span data-contrast=\"none\"> the weather or <\/span><span data-contrast=\"none\">recommending<\/span><span data-contrast=\"none\"> a product purchase<\/span><span data-contrast=\"none\">, which is<\/span><span data-contrast=\"none\"> itself encoded into a more Web 2.0 environment. Web3 apps <\/span><span data-contrast=\"none\">using<\/span><span data-contrast=\"none\"> machine learning and artificial intelligence are instead more interested in <\/span><span data-contrast=\"none\">their<\/span><span data-contrast=\"none\"> applications for medicine and predictive analytics to safeguard lives<\/span><span data-contrast=\"none\">,<\/span><span data-contrast=\"none\"> as well as far-reaching global issues like modeling the evolution of climate change.\u00a0<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;201341983&quot;:0,&quot;335559738&quot;:0,&quot;335559739&quot;:300,&quot;335559740&quot;:259}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"none\">Many web3 companies are developing APIs and similar interactive digital products that are able to interact seamlessly when integrating <\/span><span data-contrast=\"none\">with<\/span><span data-contrast=\"none\"> one another. The benefit of this is that you <\/span><span data-contrast=\"none\">can<\/span><span data-contrast=\"none\"> make use of artificial intelligence and machine learning capabilities when you create your own web3 apps and digital products<\/span> <span data-contrast=\"none\">without having to <\/span><span data-contrast=\"none\">generate<\/span><span data-contrast=\"none\">, train, cultivate<\/span><span data-contrast=\"none\">,<\/span><span data-contrast=\"none\"> and fine-tune any artificial intelligences of your own design.\u00a0<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;201341983&quot;:0,&quot;335559738&quot;:0,&quot;335559739&quot;:300,&quot;335559740&quot;:259}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"none\">There is incredible excitement surrounding this more plug<\/span><span data-contrast=\"none\">&#8211;<\/span><span data-contrast=\"none\">and<\/span><span data-contrast=\"none\">&#8211;<\/span><span data-contrast=\"none\">play approach to AI and ML<\/span> <span data-contrast=\"none\">as it relates to web3 examples of innovation. Not only will it prove more useful and seamless to end users, but it also simplifies the development landscape to <\/span><span data-contrast=\"none\">such<\/span><span data-contrast=\"none\"> an extent that those organizations migrating from Web 2.0 strategies of production to a more frontier-like web3 landscape will have a far easier time getting up to speed.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;201341983&quot;:0,&quot;335559738&quot;:0,&quot;335559739&quot;:300,&quot;335559740&quot;:259}\">\u00a0<\/span><\/p>\n<p aria-level=\"3\"><span data-contrast=\"none\">Edge <\/span><span data-contrast=\"none\">C<\/span><span data-contrast=\"none\">omputing is the <\/span><span data-contrast=\"none\">L<\/span><span data-contrast=\"none\">ifeblood of <\/span><span data-contrast=\"none\">W<\/span><span data-contrast=\"none\">eb3 <\/span><span data-contrast=\"none\">C<\/span><span data-contrast=\"none\">ompanies<\/span><br \/>\n<span data-contrast=\"none\">\u00a0<\/span><span data-ccp-props=\"{&quot;134245418&quot;:true,&quot;134245529&quot;:true,&quot;201341983&quot;:0,&quot;335559738&quot;:40,&quot;335559739&quot;:0,&quot;335559740&quot;:259}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"none\">If cloud computing was the breakthrough moment for Web 2.0 digital products, there can be no denying that <\/span><a href=\"https:\/\/www.techtarget.com\/searchdatacenter\/definition\/edge-computing\" class=\"external\" rel=\"nofollow\"><span data-contrast=\"none\">edge computing<\/span><\/a><span data-contrast=\"none\"> is the technology beating <\/span><span data-contrast=\"none\">at<\/span><span data-contrast=\"none\"> the heart of web3 apps of all kinds.\u00a0<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;201341983&quot;:0,&quot;335559738&quot;:0,&quot;335559739&quot;:300,&quot;335559740&quot;:259}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"none\">By <\/span><span data-contrast=\"none\">using<\/span><span data-contrast=\"none\"> computing structure<\/span><span data-contrast=\"none\">s<\/span><span data-contrast=\"none\"> closer to the original source of where the data first emerged <\/span><span data-contrast=\"none\">\u2014<\/span><span data-contrast=\"none\"> leaning on the decentralization web3 examples we discussed earlier <\/span><span data-contrast=\"none\">\u2014<\/span><span data-contrast=\"none\"> edge computing is able to process data faster and more effectively than the centralized approach of cloud computing.\u00a0<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;201341983&quot;:0,&quot;335559738&quot;:0,&quot;335559739&quot;:300,&quot;335559740&quot;:259}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"none\">Less bandwidth and summoned processing power <\/span><span data-contrast=\"none\">mean<\/span><span data-contrast=\"none\"> a far more cohesive and responsive user experience for web3 examples of edge computing in use.<\/span><\/p>\n<p><span data-contrast=\"none\">Using edge computing, web3 companies <\/span><span data-contrast=\"none\">can<\/span><span data-contrast=\"none\"> unshackle themselves from the expenses and vulnerabilities of data processing centers<\/span><span data-contrast=\"none\">,<\/span><span data-contrast=\"none\"> which likewise frees up web3 apps from hacking and phishing risks.\u00a0<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;201341983&quot;:0,&quot;335559738&quot;:0,&quot;335559739&quot;:300,&quot;335559740&quot;:259}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"none\">As an increasing number of aspects<\/span><span data-contrast=\"none\"> of our lives are brought online<\/span> <span data-contrast=\"none\">and as web3 examples of compelling new digital products <\/span><span data-contrast=\"none\">grow due<\/span><span data-contrast=\"none\"> to the demand for responsive bandwidth and data processing, edge computing is a viable and positive step forward. Research titan <\/span><a href=\"https:\/\/www.gartner.com\/smarterwithgartner\/what-edge-computing-means-for-infrastructure-and-operations-leaders\" class=\"external\" rel=\"nofollow\"><span data-contrast=\"none\">Gartner has predicted<\/span><\/a><span data-contrast=\"none\"> that three quarters of all enterprise created data will be processed using edge computing by 2025<\/span><span data-contrast=\"none\">,<\/span><span data-contrast=\"none\"> web3 companies included.\u00a0<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;201341983&quot;:0,&quot;335559738&quot;:0,&quot;335559739&quot;:300,&quot;335559740&quot;:259}\">\u00a0<\/span><\/p>\n<p><img loading=\"lazy\" class=\"alignnone wp-image-11060 size-full\" src=\"https:\/\/uruit.com\/blog\/wp-content\/uploads\/2022\/07\/Blog-banner-2.png\" alt=\"Web3 digital products\" width=\"1280\" height=\"327\" srcset=\"https:\/\/uruit.com\/blog\/wp-content\/uploads\/2022\/07\/Blog-banner-2.png 1280w, https:\/\/uruit.com\/blog\/wp-content\/uploads\/2022\/07\/Blog-banner-2-300x77.png 300w, https:\/\/uruit.com\/blog\/wp-content\/uploads\/2022\/07\/Blog-banner-2-1024x262.png 1024w, https:\/\/uruit.com\/blog\/wp-content\/uploads\/2022\/07\/Blog-banner-2-768x196.png 768w, https:\/\/uruit.com\/blog\/wp-content\/uploads\/2022\/07\/Blog-banner-2-750x192.png 750w, https:\/\/uruit.com\/blog\/wp-content\/uploads\/2022\/07\/Blog-banner-2-1140x291.png 1140w, https:\/\/uruit.com\/blog\/wp-content\/uploads\/2022\/07\/Blog-banner-2-20x5.png 20w\" sizes=\"(max-width: 1280px) 100vw, 1280px\" \/><\/p>\n<p aria-level=\"3\"><span data-contrast=\"none\">How <\/span><span data-contrast=\"none\">P<\/span><span data-contrast=\"none\">ermissionless <\/span><span data-contrast=\"none\">A<\/span><span data-contrast=\"none\">ccess is <\/span><span data-contrast=\"none\">C<\/span><span data-contrast=\"none\">hanging <\/span><span data-contrast=\"none\">H<\/span><span data-contrast=\"none\">ow <\/span><span data-contrast=\"none\">W<\/span><span data-contrast=\"none\">eb3 <\/span><span data-contrast=\"none\">A<\/span><span data-contrast=\"none\">pps <\/span><span data-contrast=\"none\">W<\/span><span data-contrast=\"none\">ork<\/span><br \/>\n<span data-contrast=\"none\">\u00a0<\/span><span data-ccp-props=\"{&quot;134245418&quot;:true,&quot;134245529&quot;:true,&quot;201341983&quot;:0,&quot;335559738&quot;:40,&quot;335559739&quot;:0,&quot;335559740&quot;:259}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"none\">The need for trust and to remain secure has created a great deal of bureaucracy today, both online and in our <\/span><span data-contrast=\"none\">offline<\/span><span data-contrast=\"none\"> personal lives. While we have more security to thank for these systems than we dare to imagine, there is no denying that they can be intrusive, sluggish and overbearing from time to time.\u00a0<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;201341983&quot;:0,&quot;335559738&quot;:0,&quot;335559739&quot;:300,&quot;335559740&quot;:259}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"none\">Web3 companies are often seeking ways in which to overcome these sticking points, while sustaining the same level of safety and security we enjoy in our online lives today.\u00a0<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;201341983&quot;:0,&quot;335559738&quot;:0,&quot;335559739&quot;:300,&quot;335559740&quot;:259}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"none\">Key web3 examples of that thinking in action, as far as digital products are concerned, are permissionless systems. This means that more personal freedom is given to end users<\/span><span data-contrast=\"none\">,<\/span><span data-contrast=\"none\"> yet the level of security remains the same, or perhaps even enhanced<\/span><span data-contrast=\"none\">,<\/span><span data-contrast=\"none\"> through the lack of potential for human error.\u00a0<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;201341983&quot;:0,&quot;335559738&quot;:0,&quot;335559739&quot;:300,&quot;335559740&quot;:259}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"none\">The financial world is one of the best web3 examples of this in action, thanks to smart contracts. In traditional banking, borrowing money is a complicated affair<\/span> <span data-contrast=\"none\">in which you essentially have to lay your personal and professional history bare in front of a financial institution and hope archaic things like credit scores and transaction histories don\u2019t rub anyone the wrong way.\u00a0<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;201341983&quot;:0,&quot;335559738&quot;:0,&quot;335559739&quot;:300,&quot;335559740&quot;:259}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"none\">Conversely, decentralized finance (DeFi) lending platforms use web3 apps to provide smart contract financing arrangements. Anyone can privately borrow funds to finance life\u2019s surprises, providing they can <\/span><span data-contrast=\"none\">offer<\/span><span data-contrast=\"none\"> the necessary collateral to satisfy the system that risks are mitigated on both sides.\u00a0<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;201341983&quot;:0,&quot;335559738&quot;:0,&quot;335559739&quot;:300,&quot;335559740&quot;:259}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"none\">To call this a game changer is an understatement, and countless forthcoming web3 examples of permissionless personal autonomy are being created all the time.\u00a0<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;201341983&quot;:0,&quot;335559738&quot;:0,&quot;335559739&quot;:300,&quot;335559740&quot;:259}\">\u00a0<\/span><\/p>\n<p aria-level=\"3\"><span data-contrast=\"none\">With <\/span><span data-contrast=\"none\">W<\/span><span data-contrast=\"none\">eb3 <\/span><span data-contrast=\"none\">A<\/span><span data-contrast=\"none\">pps, the <\/span><span data-contrast=\"none\">E<\/span><span data-contrast=\"none\">mphasis is on <\/span><span data-contrast=\"none\">O<\/span><span data-contrast=\"none\">wnership <\/span><br \/>\n<span data-ccp-props=\"{&quot;134245418&quot;:true,&quot;134245529&quot;:true,&quot;201341983&quot;:0,&quot;335559738&quot;:40,&quot;335559739&quot;:0,&quot;335559740&quot;:259}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"none\">The idea of true ownership of digital products has always been a nebulous one<\/span><span data-contrast=\"none\">,<\/span><span data-contrast=\"none\"> and whether you are an advocate for or a cynic against NFTs, for example, they have undoubtedly opened the discourse surrounding what true ownership of a digital asset ought to mean in web3 apps and beyond.\u00a0<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;201341983&quot;:0,&quot;335559738&quot;:0,&quot;335559739&quot;:300,&quot;335559740&quot;:259}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"none\">Where once the idea of paying real fiat <\/span><span data-contrast=\"none\">currency<\/span><span data-contrast=\"none\"> for a digital item was thought of as absurd, it\u2019s <\/span><span data-contrast=\"none\">now<\/span><span data-contrast=\"none\"> a mainstream part of our civilization<\/span><span data-contrast=\"none\">.<\/span><span data-contrast=\"none\"> What web3 companies are pushing for in this modern climate is to bestow a truer sense of ownership <\/span><span data-contrast=\"none\">on<\/span><span data-contrast=\"none\"> digital products <\/span><span data-contrast=\"none\">than<\/span><span data-contrast=\"none\"> has been possible in the past.\u00a0<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;201341983&quot;:0,&quot;335559738&quot;:0,&quot;335559739&quot;:300,&quot;335559740&quot;:259}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"none\">Blockchain video games like Axie Infinity are a big push for this kind of philosophy<\/span><span data-contrast=\"none\">, yet they<\/span><span data-contrast=\"none\"> are also not without their problems. The idea of web3 apps letting you truly be the owner of any items you create, earn<\/span><span data-contrast=\"none\">,<\/span><span data-contrast=\"none\"> or even mint on their internal blockchains is a relatively new one, and the potential here is still being felt<\/span><span data-contrast=\"none\">.<\/span><span data-contrast=\"none\">\u00a0<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;201341983&quot;:0,&quot;335559738&quot;:0,&quot;335559739&quot;:300,&quot;335559740&quot;:259}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"none\">However, at the broader level, the idea of true ownership of digital goods is one of many web3 examples in which one\u2019s personal power and control <\/span><span data-contrast=\"none\">are<\/span><span data-contrast=\"none\"> wrested from the grasp of corporate giants and placed back into the hands of end users. As you can imagine, <\/span><span data-contrast=\"none\">the<\/span><span data-contrast=\"none\"> excitement surrounding these ideas is incredibly high.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;201341983&quot;:0,&quot;335559738&quot;:0,&quot;335559739&quot;:300,&quot;335559740&quot;:259}\">\u00a0<\/span><\/p>\n<p aria-level=\"3\"><span data-contrast=\"none\">W<\/span><span data-contrast=\"none\">eb3 <\/span><span data-contrast=\"none\">C<\/span><span data-contrast=\"none\">ompanies <\/span><span data-contrast=\"none\">A<\/span><span data-contrast=\"none\">re <\/span><span data-contrast=\"none\">Constantly<\/span> <span data-contrast=\"none\">M<\/span><span data-contrast=\"none\">aking <\/span><span data-contrast=\"none\">N<\/span><span data-contrast=\"none\">ew <\/span><span data-contrast=\"none\">D<\/span><span data-contrast=\"none\">igital <\/span><span data-contrast=\"none\">P<\/span><span data-contrast=\"none\">roducts<\/span><br \/>\n<span data-ccp-props=\"{&quot;134245418&quot;:true,&quot;134245529&quot;:true,&quot;201341983&quot;:0,&quot;335559738&quot;:40,&quot;335559739&quot;:0,&quot;335559740&quot;:259}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"none\">While <\/span><span data-contrast=\"none\">many<\/span><span data-contrast=\"none\"> of the web3 examples of digital products accessible today focus on cryptocurrencies and blockchain assets, the truth is that this is only<\/span><span data-contrast=\"none\">,<\/span><span data-contrast=\"none\"> if <\/span><span data-contrast=\"none\">you<\/span><span data-contrast=\"none\"> pardon the pun<\/span><span data-contrast=\"none\">,<\/span><span data-contrast=\"none\"> one side of the coin.\u00a0<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;201341983&quot;:0,&quot;335559738&quot;:0,&quot;335559739&quot;:300,&quot;335559740&quot;:259}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"none\">In fact, web3 apps are arriving all the time to take advantage of decentralized ecosystems, blockchain capabilities<\/span><span data-contrast=\"none\">,<\/span><span data-contrast=\"none\"> and edge computing to create empowered user communities that thrive in permissionless web3 apps where giant companies don\u2019t have a say.\u00a0<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;201341983&quot;:0,&quot;335559738&quot;:0,&quot;335559739&quot;:300,&quot;335559740&quot;:259}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"none\">Web3 trends being what they are, there are already replacements <\/span><span data-contrast=\"none\">for<\/span><span data-contrast=\"none\"> Web 2.0 innovations being created all the time. For example, <\/span><a href=\"https:\/\/arcanemaps.com\/\" class=\"external\" rel=\"nofollow\"><span data-contrast=\"none\">Arcane Maps<\/span><\/a><span data-contrast=\"none\"> is a web3 solution that offers navigation while proudly promising never to sell your data, and <\/span><a href=\"https:\/\/www.uhive.com\/\" class=\"external\" rel=\"nofollow\"><span data-contrast=\"none\">UHive<\/span><\/a><span data-contrast=\"none\"> is a social media platform and metaverse where users can earn and connect without any data harvesting.\u00a0<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;201341983&quot;:0,&quot;335559738&quot;:0,&quot;335559739&quot;:300,&quot;335559740&quot;:259}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"none\">The real excitement behind all of these web3 trends is not only that they are revolutionizing the internet as it is currently being used<\/span><span data-contrast=\"none\">,<\/span><span data-contrast=\"none\"> but that they are also creating entirely new concepts and web3 apps touching on ideas nobody has ever explored in the digital space before.\u00a0<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;201341983&quot;:0,&quot;335559738&quot;:0,&quot;335559739&quot;:300,&quot;335559740&quot;:259}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"none\">Naturally, we find our own role in these developments incredibly inspiring<\/span> <span data-contrast=\"none\">and equally exciting. We are continuously working to promote web3 trends that empower positive change in how society engages with and ultimately <\/span><span data-contrast=\"none\">reclaims<\/span><span data-contrast=\"none\"> ownership of digital products of all kinds<\/span><span data-contrast=\"none\">,<\/span><span data-contrast=\"none\"> and <\/span><span data-contrast=\"none\">we<\/span><span data-contrast=\"none\"> are working to <\/span><span data-contrast=\"none\">map<\/span><span data-contrast=\"none\"> ways in which we can collaborate with the biggest thought leaders <\/span><span data-contrast=\"none\">in this fast-moving<\/span><span data-contrast=\"none\"> field.\u00a0<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;201341983&quot;:0,&quot;335559738&quot;:0,&quot;335559739&quot;:300,&quot;335559740&quot;:259}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"none\">The real web3 examples of life<\/span><span data-contrast=\"none\">&#8211;<\/span><span data-contrast=\"none\">changing uses for the digital sphere, the metaverse<\/span><span data-contrast=\"none\">,<\/span><span data-contrast=\"none\"> and the way in which we connect as a civilization are still being created. If you have projects in the works and need advice on how<\/span> <span data-contrast=\"none\">to make web3 trends work for your business model, <\/span><a href=\"https:\/\/uruit.com\/contact\/\"><span data-contrast=\"none\">we\u2019d love for<\/span><span data-contrast=\"none\"> you to get in touch<\/span><\/a><span data-contrast=\"none\">.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;201341983&quot;:0,&quot;335559738&quot;:0,&quot;335559739&quot;:0,&quot;335559740&quot;:259}\">\u00a0<\/span><\/p>\n<p><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Contents The Impact of Web3 Digital Products on the Internet TodayHow Do Web3 Apps Afect The Internet Today?\u00a0The Decentralization Debate of Web3 Apps\u00a0The Role of AI in Web3 Apps\u00a0 The&#8230;<\/p>\n","protected":false},"author":8,"featured_media":11061,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[288],"tags":[],"_links":{"self":[{"href":"https:\/\/uruit.com\/blog\/wp-json\/wp\/v2\/posts\/11058"}],"collection":[{"href":"https:\/\/uruit.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/uruit.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/uruit.com\/blog\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/uruit.com\/blog\/wp-json\/wp\/v2\/comments?post=11058"}],"version-history":[{"count":5,"href":"https:\/\/uruit.com\/blog\/wp-json\/wp\/v2\/posts\/11058\/revisions"}],"predecessor-version":[{"id":11340,"href":"https:\/\/uruit.com\/blog\/wp-json\/wp\/v2\/posts\/11058\/revisions\/11340"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/uruit.com\/blog\/wp-json\/wp\/v2\/media\/11061"}],"wp:attachment":[{"href":"https:\/\/uruit.com\/blog\/wp-json\/wp\/v2\/media?parent=11058"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/uruit.com\/blog\/wp-json\/wp\/v2\/categories?post=11058"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/uruit.com\/blog\/wp-json\/wp\/v2\/tags?post=11058"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}