innovation, speaking

Keynote: DECENTRALISED EVERYTHING

Excited to be doing keynotes again at real on-premise events despite the ongoing global pandemic!

Today I’m in Unter den Linden 1 at Bertelsmann Berlin, speaking about Blockchain, Crypto and Web3 at the Bertelsmann Tech & Data Week 2021.

It’s a company internal event, but I’ll ask if I can share the slides afterwards.

Here’s a teaser:

Web 1 – Remember? (1990s – ca.2005)

  • Semantics all over the place
  • Protocols coming and going
  • Things breaking
  • Things not scaling
  • Crowded place, many new unproven players
  • Pump & Dump IPOs
  • Scams rampant
  • Slow mainstream adoption (e.g. e-commerce)
  • dotcom crash 2000
  • “This online web thing will never work…”
Actually, it wasn’t at the time, only in retrospect

Web2 is the internet today, dominated by tech giants. It’s built on client-server architecture where users are the client and companies control the servers. These companies extract value from creators and users by sitting in the middle.

Web 3 – Sounds familiar? (today)

  • Semantics all over the place
  • Protocols coming and going
  • Things breaking
  • Things not scaling
  • Crowded place, many new unproven players
  • Pump & Dump ICOs
  • Scams rampant
  • Slow mainstream adoption
  • ICO winter 2018
  • “This blockchain crypto thing will never work…”

Web3 is the internet that’s being pioneered by crypto;peer-to-peer networks of computers that talk to each other without middlemen using blockchain tech. It’s the new Wild Wild West, the new frontier of the Internet.

As we now know, this Web 1 (and Web 2) thing worked out insanely well for some.

For those who made themselves dependant on these centralised platforms – and then the platforms changed – it turned out not so great:

How centralised platforms change over time
Supplies!

TL;DR

  • Web1 was about creating value at/for the edges; the developers and users
  • Web2 is about creating value for the centralised platforms, the middlemen, the rentseekers, the gatekeepers
  • Web3 is a return to creating value at/for the edges; the developers and users – reclaiming independence from centralised platforms
  • Web3 is about trust, ownership, and decentralisation
  • Crypto & Blockchain enables and empowers trust, ownership, and decentralisation
  • Web3 is where the Internet wants to go
  • The train is leaving the station (again), and you have to ask yourself if you can afford to miss the value creation in the pioneer age (again)

Also check out Peter Yang’s great beginners guide on crypto. It’s my go-to resource when trying to explain to the uninitiated. It’s the best first step guide I have read so far.

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