Web3's blockchain-based cryptography and distributed computing have become a very popular field in the Internet today.
The blockchain essentially builds a non-tamperable, globally readable network environment, which makes people naturally have a high degree of trust in it. With such technical support, Web3 also attaches great importance to the privacy and sovereignty of personal data, breaking the data monopoly of Internet platforms, and allowing the Internet to appear in front of people in a more developed, autonomous, transparent, and decentralized manner. .
These characteristics of Web3 also fully demonstrate its core value, which is a free market environment and a platform that provides credit guarantees.
Decentralization allows users to control their own data, which also gives "freedom" multiple meanings in Web3.
Freedom of digital assets: Users can freely create asset accounts, and can also freely transfer assets in the accounts without any individual or institution interfering. Digital assets in Web3 truly belong to users.
Freedom of identity: The digital identity in the traditional Internet does not belong to the user in essence, and the user is also subject to the platform that provides the digital identity, and can only use it on this platform or other platforms that cooperate with it. The digital identity system in Web3 does not rely on a central organization, allowing users to access various platforms in the network with a single digital identity, and will not be constrained by the platform.
Freedom of content creation: Web3 provides a variety of highly compatible and composable creation tools, allowing people to freely create content like building blocks, and use their inspiration and creativity to create new content services or projects.
Copyright freedom : In the current creation of works, copyright is a core profit channel for creators. Similarly, various piracy and copyright infringement incidents are emerging in an endless stream. In addition, some creators hold onto copyright and do not let go, which makes it difficult to carry out many content creation and services. Web3 is now trying the CC0 copyright-free model, opening works, IP, etc. as public copyrights for other people to use and create secondary creations. This way of completely opening copyright is also the unique confidence of Web3. It can guarantee the interests and rights of creators with unique mechanisms such as digital signatures and ownership confirmation, and will not let creators lose their source of income due to copyright development. For example, using a smart contract embedded in a work that includes royalties, it is possible for others to automatically pay the creator a certain fee when using the work.
It is precisely because of "freedom" that Web3 has created an unprecedented free market. Anyone, regardless of race, age, gender, nationality, etc., can access and participate in this network, so as to truly realize the interconnection of the Internet. .
On the other hand, trust is the basis of human-to-human interaction, and Web3 provides a low-cost trust system. Based on the transparency, traceability and security of the blockchain, etc., people can realize de-trust in the network and conduct data interaction and transactions with confidence. In such a high-trust environment, more business value will be stimulated, thereby promoting the further development of the digital society.