World is going smart and the user demands more personalised experience in each space. This is where web 3.0 kicks in that has websites and apps which are able to process information in a smart human-like way through technologies like machine learning (ML), Big Data, decentralised ledger technology (DLT), etc.
Web 3.0 allows businesses streamline their operations by cutting out middleman and enhancing communication and collaboration between employees, partners, and customers, making for a more efficient business. Web 3.0 is decentralised, meaning that rather than consumers accessing the internet through services mediated by big companies, individuals, themselves, own and govern sections of the internet. It offers better security, trust, and privacy as it is based on decentralised protocols making it more efficient and secure than Web 2.0
smartData is helping businesses to migrate their websites and apps from web 2.0 to 3.0 and is involved in their A-Z process.
Web 3.0 goes far beyond the initial use case of cryptocurrencies. Through the richness of interactions now possible and the global scope of counter parties available, Web 3.0 will cryptographically connect data from individuals, corporations and machines, with efficient machine learning algorithms, leading to the rise of fundamentally new markets and associated business models.
NFT Marketplace for Motorsport enthusiasts providing Motorsport-related interactive digital assets like helmets, gloves, cubes, racing moments, etc. The marketplace is developed over the Ethereum blockchain with ETH as a cryptocurrency along with Fiat payments option for web 2.0 users. For storage, Pinata services have been used to store files over IPFS.
It solves the problem of transparency and fairness by providing a blockchain-based system to monitor physical activity using fitness trackers and get rewarded for doing the activity. The watches and trackers available from different vendors provide a unified scale of measurement for various types of physical activities and determine the overall positive contribution to your health.
Does NFT beneficial for supply chain management and can it maintain digital data globally? The term NFT is a great advancement of Web 3.0. From finance to virtual realities, web 3.0 provides solutions for every industry. This time NFT provides several opportunities to improve industrial processes. Before going through this term let's understand it. NFT (non-fungible tokens) redefine the way...