Braxton sees the evolution of the internet into its third iteration, Web3, as a return to the original ethos of the internet: a democratized platform for freedom, expression of ideas, and free speech. He views the centralization of control during the Web 2.0 era as a deviation from this ethos, where a few major corporations gained disproportionate influence over what was supposed to be a decentralized and open space. Through the lens of his extensive experience, Braxton foresees Web3 and blockchain technology as the backbone of a new internet that reclaims this lost promise.
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Web3: The Future of the Internet, Built on Blockchain
Blockchain technology is set to revolutionize the way we use the internet, thanks to the emergence of Web3. Unlike the current web, which is highly centralized and controlled by a small number of powerful companies, Web3 is decentralized by design, and promises to give users greater control over their data and interactions, as well as creating new opportunities for businesses, individuals and developers alike. One of the key benefits of Web3 is that it is built on blockchain technology, which allows for secure and transparent transactions without the need for intermediaries. This means that users will have more control over their data and ineractions, and will be able to conduct transactions without the need for a central authority.
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