Understanding Web3: Bringing Ownership to the Internet
There's the real world… and there's the digital world! In the real world - ownership is pretty obvious. You have possession of the physical item. You can use it, sell it, borrow it, move it, drive it, wear it, display it, inherit it, or use it as collateral. We have receipts to prove we purchased it. We have legal contracts - systems in place to establish who the true owners are. In the digital world, it's a bit more complicated. If you’re living in the digital world, anyone ca...
Understanding Web3: Bringing Ownership to the Internet
There's the real world… and there's the digital world! In the real world - ownership is pretty obvious. You have possession of the physical item. You can use it, sell it, borrow it, move it, drive it, wear it, display it, inherit it, or use it as collateral. We have receipts to prove we purchased it. We have legal contracts - systems in place to establish who the true owners are. In the digital world, it's a bit more complicated. If you’re living in the digital world, anyone ca...
