Reading Time: 2 minutes Many new terminologies are flourishing on the web today, and many of them are around Web 3.0, AI, ChatGPT and more. We have created a list of the most common questions below, but first, a quick explanation of Web 3.0. Web 3.0, also known as the “Decentralised Web” or the “Semantic Web”, refers to the […]
Category: Web 3
What is a smart contract and how does it work?
Reading Time: 2 minutes A smart contract is a self-executing computer program that allows for the exchange of assets or information transparently and securely without the need for intermediaries. It is a fundamental building block of Web3, the next generation of the internet that is decentralized, open, and secure. A smart contract is a computer program that runs on […]
What is ChatGPT and how do you use it?
Reading Time: 2 minutes We put the question to ChatGPT itself at openai.com, which it answered. — I am ChatGPT, a large language model developed by OpenAI. I have been trained on a vast amount of text data to understand and generate human-like responses to various questions and prompts. You can use me by asking me any question or […]
What is crypto currency and how is it used?
Reading Time: < 1 minute Cryptocurrency is a digital or virtual currency that uses cryptography for security and operates independently of a central bank. It is a decentralized and peer-to-peer system that allows for secure, anonymous transactions without intermediaries like banks. The most well-known cryptocurrency is Bitcoin, but there are many other types of cryptocurrencies, including Ethereum, Litecoin, and Ripple. […]
What are Web 3 Domains?
Reading Time: < 1 minute Web 3 domains, also known as decentralised or blockchain domains, are digital assets built on the decentralised web (Web 3). These domains are stored on a decentralised, blockchain-based platform rather than a centralised domain name system (DNS) like traditional domains. Web 3 domains are unique, human-readable names that can identify and access various types […]
How do you build a Digital Sales Funnel for web 3.0?
Reading Time: 1 minute How do you build a Digital Sales Funnel for Web 3.0? Building a Digital Sales Funnel for Web 3.0 would involve similar steps as building a traditional Digital Sales Funnel but with a few additional considerations to consider the characteristics of Web 3.0. Define your target audience: Define your target audience and their pain points, […]
How Will Web 3 Improve the Customer Experience?
Reading Time: < 1 minute Web 3 has the potential to improve the customer experience in several ways, including: Personalisation: Web 3 technologies, such as blockchain and decentralised identity, can enable businesses to create more personalised customer experiences. Businesses can create more targeted and relevant content and offers by giving customers more control over their data, leading to improved […]
The Benefits of Web 3 for your business
Reading Time: < 1 minute Web 3, also known as the decentralised web, offers several benefits for businesses. Some of these benefits include: Increased security: Web 3 technology, such as blockchain, provides a more secure way to store and share data. This can help protect a business from cyber-attacks and data breaches. Decentralised control: With Web 3, there is no […]
What is a Web 3 browser?
Reading Time: < 1 minute A Web 3 browser is specifically designed to interact with decentralised applications (dApps) built on the decentralised web (Web 3). These browsers allow users to access and interact with dApps and other decentralised services and to use the unique features of Web 3, such as smart contracts and decentralised storage. Web 3 browsers typically […]
What is Blockchain Technology?
Reading Time: < 1 minute Blockchain Technology is a decentralised digital ledger that records transactions across a computer network. The underlying technology powers cryptocurrencies such as Bitcoin, but it also has many other potential uses. A blockchain is made up of a chain of blocks, each of which contains a record of multiple transactions. Each block is linked to […]
