Brazil is already leading the world in cryptocurrency adoption. integrating crypto with payment suppliers within the region may be a surefire way to see latin america fully embrace the industry.
Thriving on exploiting users’ data, Web2 monopolies like Facebook and Google have ushered in an era of large web centralization in recent years. This concentration of power has enabled huge shares of communication and commerce closed platforms, giving users very little management over however their data is collected.
An emerging open-source, Web3, can give a way to pivot from centralization to an open-source web. A recent report from Andreessen piano player (a16z) found that this new digital economy might reach AN astounding one billion users by 2031. If dead properly, the decentralized web can enable users to require control of their data and content.
While Web3 promises to radically change the web and its ability to supply price to users worldwide, key hurdles should be overcome before it is adopted en masse.
( Holger Arians, cointelegraph, 2022 )