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How blockchain, Web 3.0 are informing tech's future

Yahoo Finance ↗

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Listen and subscribe to Financial Freestyle on Apple Podcasts, Spotify, or wherever you find your favorite podcasts. Web3 Media president Chris Lyons is constantly searching for what's next in technology. On the latest episode of Financial Freestyle with Ross Mac, Lyons sits down with Mac to discuss the future of blockchain and Web3. Lyons, who is a general partner at Andreessen Horowitz, got his start in the music industry and then pivoted to the tech world with his music engineering background. He said that his background in music helps him have a pulse on future trends. Lyons believes that blockchain and Web3 will inform the next wave of disruptive companies like Airbnb, Uber, and Google. Lyons argued that there have been three eras of the internet so far: Web 1.0, Web 2.0, and Web 3.0. Web 1.0 was the read era, Web 2.0 was the write era, and Web 3.0 allowed users to read, write, and have ownership over their content on the internet. Blockchain technology makes Web 3.0 possible, and Lyons sees this ownership as the future of the internet. "We are still in all these systems that are creating centralized ownership, and I think that the only true path forward is decentralization and blockchain," he said. In the future, Lyons believes that users won't need to think about how blockchain, Web3, or AI work behind the scenes. These new technologies will be integrated into user-friendly applications, similar to how apps use GPS now. Financial Freestyle with Ross Mac on Yahoo Financ

Published 2024-11-25 · Watch on YouTube ↗
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