LIVEIf you still doubt the potential of Blockchain.
You need to hear this...
To understand the potential of Web3 Technology.
Let’s take a step back and think about this for a second.
The modern world consists large part of entries in Databases.
Millions of databases govern the modern world.
- Your Money — Bank Database
- Your piece of Stock is in the database
- Which nationality do you belong to
- Your land, your house
Everything is a record in a Database.
But the problem with those databases is that we don’t control them.
Someone else does in a centralized manager.
The government, the institution who are in Power, controls them.
That means they can make certain changes, and things that used to belong to you, don't belong to you anymore.
And you have no way to keep them accountable because all of it's done in a centralized manner.
No Transparency
No Verifiability
No Accountability
The internet is decentralized theoretically at least but it belongs to that platform where most users are - Facebook, Google for example.
That company controls The media, the medium, the messages.
They dominate it all.
Add if we don’t follow whatever weird rules they make, they can throw you out of their system and you can do nothing about it.
They can de-platform you tomorrow and you will lose all the followers that you have built over the years.
And we also have no choice but to use their platform because our Life, Work, and Business depend on it.
So, keeping all of these into consideration, we now know that we need an alternative where we can have full control over our things.
And that’s what Blockchain Does, That’s what Crypto does.
All of them combined, that’s what makes web3 a much-needed paradigm shift for modern society.
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