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NewsBTC 2021-11-01 05:52:24

How Social Platform Chingari is Using Web 3.0 to Transform the Traditional Way We Use Social Media

The world is changing. This isn’t news to anyone, but sometimes it is nice to realize that—contrary to news headlines—not all the change is bad. In fact, the last decade has seen so much innovation and so many improvements to technology that even 2015 seems like a different world. Internet speeds, connecting with anyone globally (for free), and our ability to reach large groups of people without a middleman is nothing short of revolutionary. When it comes to technology evolution, this often happens with different iterations. Once a system is mature, there’s a better idea of what we would like to change and improve. We go back to the drawing board, target our creative minds at the issues, and create a new version that has evolved to better meet our needs. The Internet has followed this model since its inception, evolving through three distinct stages. We are only at the cusp of the third stage, called Web 3.0, with technologies such as blockchain and AI only now being capable of supporting it. A key aspect of Web 3.0 is decentralization, which nearly always involves blockchain. To date, this has been the only way to scale a massive network efficiently and safely. But there aren’t an abundance of social media companies who have a blockchain-based platform. While the big players like Facebook, Instagram, and TikTok have been experimenting with blockchain, it might be impossible to swap out the massive infrastructure running these...

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