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The Hindu
The Hindu
Comment
A Damodaran

The third-gen web is about public good

Web3 India blockchain

There is a pervasive notion that the third-generation web is biased towards the gaming and cryptocurrency industry. However, a 2021 report by the U.S.- India Strategic Partnership Forum states that the third-gen web will be crucial for India to realise its $1.1 trillion digital asset opportunity by 2032.

From a policy perspective, the next-gen web is complex. Part of the problem lies with the diverse descriptors employed by experts. Also, the web’s immense social relevance is hard to comprehend.

Web 3 is not Web 3.0

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