“WEB3 is not web at all”- says Web inventor Tim Berners-Lee

The Web inventor Tim Berners-Lee isn’t sold on the idea and future plans of crypto visionaries and is bent over that we should ‘ignore’ the said concept. 

The British computer scientist credited for inventing the World Wide Web in 1989-Tim Burner-Lee shared his views on blockchain stating that he doesn’t see blockchain as a viable solution for building the next iteration of the internet. 

Tim has his own web decentralization project named Solid.

In a Web Summit event in Lisbon, Berner-Lee states that it is important to clarify in order to discuss the impacts of new technology,”. He followed the statement by elaborating that “you have to understand what the terms that we’re discussing actually mean, beyond the buzzwords.”

“It’s a real shame in fact that the actual web3 name was taken by Ethereum folks for the stuff that they’re doing with blockchain. In fact, Web3 is not the web at all.”

Recent News

Easypaisa, Pakistan’s leading digital financial services platform, has entered into a strategic partnership with Dukan, a prominent e-commerce infrastructure solution. The collaboration aims to enhance the ordering and digital payments experience for consumers under the easypaisa MiniApps umbrella.

The global civilian drone market is projected to experience substantial growth, reaching an estimated value of $21.62 billion by 2027, nearly doubling from its 2023 figures. This surge in the market has created an increased demand for protection against unauthorized drone activities, including video recording and potential security threats such as industrial espionage.

Caretaker Minister for Information Technology and Telecommunications, Dr. Umar Saif, distributed Rs. 825 million in cash prizes to 550 IT companies for their significant contributions to IT and IT-enabled services exports. Dr. Saif emphasized the importance of the IT industry in the country’s economy and highlighted the need for incentives and rewards.