The Impact of Web3 on Our Daily Lives

The Internet has gone through several stages of evolution, from simple reading on the Web1 to interaction on the Web2. Now, with Web3 on the rise, exciting applications are emerging that are transforming the way we live, work and interact online. In this article, we will explore real and current cases of Web3 implementations that are changing our digital and physical world.

Digital Identity- Oaro

The Merging of Worlds – Oaro is a company that focuses on digital identification, allowing us to merge the physical and digital worlds through blockchain-based identification. What does this mean? Imagine being able to enter your office, attend concerts or events and verify your identity securely and without the need to carry physical documents. All this is done through your cell phone, without the need to understand the complex details of blockchain.

Cooking – Gourmet NFT

Recipes as Collectibles – Gourmet NFT is a platform that offers a unique experience for food lovers. Here, chefs register their recipes like trading cards. The price of these recipes varies according to demand. But what makes this really special is that chefs can include real-world experiences related to cooking. Would you like to cook alongside the chef who created the recipe you bought? With Web3, it’s possible.

Automotive – Utility NFT

Automotive Conscious – The automotive industry is also adopting Web3. Some manufacturers, such as Alpha Romeo, issue NFTs for certain car models. These NFTs allow for securing specific car features. In addition, the possibility of associating an NFT with a vehicle to record its complete history, from technical inspections to repairs, is being explored. This could revolutionize the buying and selling of used cars, providing buyers with transparent guarantees.

Customer Loyalty – Starbucks

Experiences Beyond Coffee – Even giants like Starbucks are embracing Web3 technology. This year, Starbucks launched tokens and NFTs that offer customers unique experiences with its suppliers and partners. Web3 enables the creation of ecosystems where customer loyalty extends beyond just buying coffee.

Insurance – Etheris

Decentralized Insurers – Etheris is a decentralized insurance company that uses Smart Contracts to automate the issuance of policies and premium payments when certain conditions are met. This eliminates the need for intermediaries and streamlines the bureaucracy of traditional insurers. It also allows communities to insure each other without the intervention of a central entity.

Research – Vita DAO

Collaborative Research Funding – Companies like Pfizer are using DAOs (Decentralized Autonomous Organizations) like VITA to fund research projects in an alternative way. Customers can decide to fund projects without worrying about the technical and scientific details. Web3 is opening up new ways to support research.

Roundtable – Reflecting on the Impact of Web3

In a conversation with experts, the risks and applications of Web3 in our society today are discussed. As these decentralized technologies advance, challenges arise. By eliminating intermediaries, the security provided by established institutions backed by law may be lost. Lack of trust and resistance to change are obstacles to overcome by both customers and traditional enterprises.

In addition, scalability remains a technical challenge in certain areas. Large-scale coordination can be slow and complex. Implementing democratic consensus algorithms may be a solution.

Conclusions: Embracing the Future with GREEN

Web3 is transforming our world in exciting ways. Projects like GREEN are leading the way into this new digital age. By exploring these innovations, we can embrace a more decentralized and participatory online future. We invite our readers to dive into the world of Web3 and discover more about GREEN and related topics by exploring other articles on our website. The future is digital, and Web3 is paving the way to it.