Elon Musk and Jack Dorsey are talking about 'Web3' – here’s what it is and why it matters.
co-founder Jack Dorsey — two of the world's best-known tech billionaires — have been voicing their thoughts on a hypothetical new iteration of the internet this week: "Web3".
While still a hazy concept, Web3, or Web 3.0, has been hailed by proponents as a decentralized version of the internet based on blockchain, the technology behind many major cryptocurrencies and nonfungible tokens, or NFTs. A plethora of entrepreneurs around the world are trying to design and build the technologies and protocols that would support Web3.
Elon Musk, founder and chief engineer of SpaceX speaks at the 2020 Satellite Conference and Exhibition March 9, 2020 in Washington, DC. Musk answered a range of questions relating to SpaceX projects during his appearance at the conference.
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