Taking back your Data with Web3.0 #261

In this episode, Dr. Darren and Derek Anderson, from Bless Network, discuss the transformative nature of Web 3.0, focusing on user ownership of data, the shift from centralized to decentralized applications, and the implications for consumer behavior and business models. They explore the challenges of adoption and the potential for integration with AI technologies, highlighting the need for a new mindset in both developers and users. ## takeaways * Web 3.0 emphasizes user ownership of data. * Smart contracts are akin to stored procedures in databases. * Decentralization allows users to run applications on their own devices. * Data privacy can be enhanced through local data storage. * Consumers are often indifferent to the underlying technology. * The shift towards user ownership requires new business models. * Adoption challenges exist due to consumer awareness. * Gaming and peer-to-peer applications may drive early adoption. * Integration with AI could lead to innovative solutions. * The future of Web 3.0 is intertwined with advancements in technology. Audio Episode: https://share.transistor.fm/s/8768d87d Blog Post: https://embracingdigital.org/episode-EDT261-en