The World Of Web3: Will Blockchains Power Next-Gen Internet?

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the hi there and Mehrotra Kapoor and your washing coffee and 50.So your one stop donation for all things 50 now a lot has happened this week.We will get to the regulation, but with all of your excited about in just a bit.But let’s introduce you.The idea between talking about gets harmony absent while get…

the hi there and Mehrotra Kapoor and your washing coffee and 50.So your one stop donation for all things 50 now a lot has happened this week.We will get to the regulation, but with all of your excited about in just a bit.But let’s introduce you.The idea between talking about gets harmony absent while get Hominy APS you have on your phone.Well, I got down to counting in, and I got tired, and every half has a different user name or different facets.Now imagine a world where speed one key, just one team to access all of them.

How’s it fighting? Tell you all about that are extreme, which is all about that Need to know on Web three.

So let me introduce you to the most excising spurs of world that I have come across and Graham rolls for Web three.That’s right.

The next generation of the Internet is likely to run the back board likely to run off that the backbone of crypto, which is a Blockchain technology.Now, when the concepts of the worldwide, where first came about where once it was basically a collection of static pages and information right where he could have shared that on the Web and content was largely text meant mostly for now, the away beyond that, of course, we’re surrounded in to, well, much more interactive space this time around when you can, like forced comment each other pictures we could shop online, create content online, interactive at the creators online Well, but a large part of this information and data on the Internet today is basically controlled by fuels week centralist sort of corporations, and it can be harvested from them.Which is how PC targeted ads, for example, and how it’s easier for accounts to get hag and for personal data to be stolen as well.In fact, in my mind, there is the biggest issue at the moment or a threat in away from can Call it that way, too.It is just too works data privacy, and there might be a solution inside with the next Internet Revolution in the Works, which aims to put more control over Web content but in the hands users.That’s right.

So in Web three, the focus will be on smart accessibility of information centralised such Indians as well will be replaced with information on several computing devices, and you will be able to have moved.Fossilised browsing experience Powered by man Takes Artificial intelligence block Seems like Ethereum Smart contracts are decentralised applications, all of them accessible.

This, in result, will lead to the sources applications, content games, online stores, all being more accessible to users.But I haven’t told you the most exciting part of Web just year to understand that.

Let’s try an analogy over.

You know how one ring to rule them all happens in Lord of the Rings while in Web three.It will be just one team to access tomorrow, one private key for all applications.So you would need several user I DS and different platforms like Facebook.G e mails are are online shopping online banking anyway, it will just be one.Sounds like a pretty cool concept, right? With the virtual avatars and three D experiences replacing how we actually use Internet right now, however, does it necessarily need a total disruption of Internet as we know it today? Not quite sure about that.I think that the current big shots in Web to two point oh, as many college made just evolve and move four with the new revelation.For example, look at Facebook’s meta essentially, what crypto could mean for currency.

What the five could mean for banking.Web three could mean for the Internet.This, of course, is the basic foundation of with Remember how we spoke about Meta worse earlier? Well, the Meda was is a subset, basically of this very revolution.And while we don’t quite know how it really is going to work, it went, er, sort of.

We seize, etc.And firms that are coming into it, it seems, are betting big on this.And one of these farms is India, and they have committed to invest in over 25 start ups in the Blockchain and Web three space.

And let’s find out why they are doing so.Johnny is now Nitin Sharma, general partner and co founder for India.Hi, Nothin.And welcome to see See, we have just been trying to de court what exactly Web three is all about, but take us through what makes it such an exciting property for all the veces in the country.In fact, artist in the country but across the globe as well.And what is making it such an exciting of for the P C everybody jumping in, for example, just for of benefit of our viewers.Antler is committed to invest in some 25 30 startups already right in the next 2 to 3 years.

And it plans to deploy some $100 million on their 150 million over several other startups as well.So why so much excitement over something which is not yet there, Not yet spoken about not very sure of what the future will even be like.Take us Rio thoughts.

Thanks.Thanks On a large great to be here.You know s veces our job is to think long and think big.

So when you look at the landscape of all the various things going on in the world, you know the part that excites me the most is there is a new Internet getting created and that’s what you just walked your users through.And this is not just a sector or a theme like this is We’re talking about a completely new Internet, so trillions of dollars of value will be created in this In this space is with these themes in the years to come, and it may take five years.It may take 10 years, right? But as we he’s, our job is to actually bet on that future.So as antler, we actually have already invested in 15 ventures globally.

I myself have done about 15 or 16 investments earlier, so we’ve got the experience of 30 investments, and our actual goal is to bring in the next 18 months 100 new start ups and founders into the three at a global level and beeping that India will play a huge role in this.And 25 to 30% of this will likely be from India, Which is why we went to Delhi.One of these ideas really that you’re working upon and usability end of it.How will people like you and I end up using Web three.

Yeah, so it’s a great question because I think a very fair question, and I have these chats with government or with other folks and everybody asked.Ready Only use of crypto right now is to buy another trip to ride Toby, understand the assets site very well, and that’s getting quite developed.But the second way to look at tripped over and block changes the application side.And that’s what people have been waiting for.And and if you look at, you know, some of the interesting things that have already started to happen usability Israeli, the big frontier here, the minute that these experience has become far more usable for the average user, right? So for the next one billion users to start with, you will see a complete new explosion of activity.So what does this meat? So let’s start with, you know, if you go back a few years, the idea of where three had already been around the idea was that Web Juan was real.Only hear what we’re trying to do, his Internet of value, which means that everything could be actually a financial asset.And what this means now is if you look at the first of the first projects that came out, so at one of my favourite projects is brave browser, which actually is a browser where you have completely different level of privacy control and they actually attached to talking to it.

Called the basic attention token.Brave is one of the fastest growing browsers today, about 45 million people use it monthly.

So you’re seeing that many more users are actually trying a new product where there is a much higher level of ad blocking and privacy.I I see that help us and foreign to Indra because I want to understand this in a little bit more detail.Right, So in Web three Harris it work.Will it be one key for Blockchain Or will there be one key for all will block chains? No, actually, how to chat with each adare in sort of exchange information.

How will it work? So ideally, yes, I think eventually the the vision is that there will be one identity that you will be able to use across chains.Right? So imagine sometime in the future.

A lot of your listeners have today some crypto assets, but they will also have assets and most more importantly, tomorrow When you were talking about in the beginning of your segment, how many laps you have tomorrow they will have gaps, not just acts distributed APs.That’s so where we can imagine a world where there is born wallet and he was able to access all of your assets across the yard and crypto and all of the gaps that you want to engage with with one identity seamlessly.And they may be across various different block chains, as there is this whole interoperability of doc change that is also getting sort right now.

This is a few years away, right? But but that’s what makes it exciting.And I think that creates a lot of opportunity for technical Thailand in places like India, I flatly in the forefront.That’s quite exciting from APS two dabs from several usernames and passwords to just one key and all the entire interaction will take place.

Thanks, Nitin.FOIA inputs will come back to you and see how the update on that is going.

But another key interesting bit about Web three is the fact that a lot of investment is happening there.Despite being unclear about which way the regulation is going right and talking about that.Let’s bring in our next guest.Joining us now is Monica Good.

She’s a senior advocate in the Supreme Court.You all know half for her trailblazing work are through 77.But now he is here joining us as a tech guru at the moment and has been writing lots of stuff about how blocked a Nazi is developing a quick update before that before we go to her on the regulation.Frantisek, remember we told you that the captain was ready and that is going to be brought in this session of Parliament as well.But now we are hearing that there has been another take it up Monday, saying they’re not in a rush and they are not going to be table ing the cabinet note in this session of parliament.In fact, what, um during is that it might not happen in the next session as well, at least in the polls happen.

You are in the country not gonna see a crypto bills.

Are the government meanwhile saying that they want more time to think and they want to expand their area of negotiations as well.For example, they want to now talk to countries and try and see more for a feasible resolutions on how exactly other countries are coming together On the issue of crypto, How is Singapore regulating? How is Switzerland? How is us? How is UK? How are the forums and regulations around crypto coming in from across the world.And once that is studied by the government, that’s when they want to bring in a regulation or right.Having understood that, let me go to Maneka.Now, Medica are lots of sort of think and lot of sort of flippant flop.

Also on which way the regulation will really go.But people like movements watching out the tech space, watching out the Blockchain spaces.

Well, have faith the government will go ahead with regulation itself.A ban is clearly not in the picture.But as we look at international community and out, the government wants to take inputs from them.On our own regulation, which is still in the works is is the government.What do you think of the key takeaways that the government must keep in mind? Thanks for having me on the short sighted key takeaways.You know, if you look at sort of seemingly best practises right now from around the world Singapore, Switzerland, The key seems to be yes.

You must regulate to You must have good accountability mechanisms by that.By that I mean, when you regulate, have strict know your customer documents have a place wreck.Trick to exchanges can register so, you know, and Switzerland Swiss Financial Markets supervisory authority, which kind of overseas? The Swiss banking systems were also regulates of crypto infrastructure.Also, it also regulates crypto exchanges.

You have to comply with, you know, anti money laundering statues you have comply where a variety of more conventional criminal legislation as he pertains to trafficking their anti terror legislation.So really, it is about taking your existing legal frameworks and trying to make them, you know, tweaking them and trying to get him to speak to the world that is the world of the assets into pro Cassie’s.So it is about that and that, you know, take it takes some element of reflection.It takes some elopement of knowing this emerging work, this emerging market space, and it’s also marrying of tech and law.And there is always because tech his changes quickly and the law is usually a little slower to keep up.That is the challenge today marrying taken law that actually defines you and why we have you on the show today.

So give me, like, quick to three predictions that you expecting in the world of sort of tech and law and Blockchain in law and crypto in law in the coming few months.So I think you will definitely get regulations.Kyi, She anti money laundering like regulations.You will get regulations which will speak to the worries are we have for crypto currencies and will be used for terror acts because of the anonima t it provides.So you will certainly have legislation that will be tweet too.In fact, meet these challenges.

I think this second thing, as we have seen in all kinds of you know, grounds and space, is whether it’s courtrooms of board rooms where AC leads law.You will have, you know, two steps forward one step back.It is in heaven evolving process here If the revolving.And you know, I mean, if this is a storey, this is actually the storey of the law.Like technology has always move much faster than legislate.

This is going to be no different.But eventually the Lord does catcher and that will also happen.You know, I read some whether we have 10 crore, you know, crypto folk in India, folks to engage currencies Bitcoins they well into that worth America as 2.9.

You know So this is the world’s biggest market.A few will, you know, maybe not as valuable, but certainly number world’s biggest market.So we would closely look to our government to make legislation to have regulations because we don’t want to be involved in I The one will be the that there are no easy answers.He also expect more of this.

Think and rethink to keep happening when it comes to the bill.And we gotta be a stay patient with this.As long as the intent of the government is clear on which way this is going, we should be OK.All right.Thank you so much, Dominica, for joining us on cc.On that note, I’m gonna slip into a break coming up on the other side.

There is a new and FT drop, and we will tell you all about that to the guests on the other side station for that.So what comes to mind when I say Spider Man expand Hulk Fantastic for Iron Man Doctor Stranger.

Doctor.Strange like a bar in before all of you kill me for Avengers superheroes, all of their tribe will.You know, all of these are really popular sore superheroes in the man behind it as well.Standley no less widely regarded as the one of the greatest creators of the 20th century, he was a founder of the Maoist universe and co created characters that have become household names.

Now billions cross the world and in India as well.

In fact, the man behind Chakra the Invincible, one of the first original Indian superheroes that have which stand created, along with Sharad A.Rajan in 2012, tried to suggest a member in 2018 now on his 99% a and limited edition and collection is launched later this month.Had to Stanley at famously.One said that he wants to make Chakra as famous as Spider Man Izabela happen.How exactly is this drop being looked at in the N.F.T market space? Joining us now is sent Trina Paula VP for international participate Garden link and also with us back on C.

C is Ram Kumar, CEO and cofounder for Guardian Link.Hey, guys, welcome to see See letting go to Sandrine a first since Sir she’s here for the first time.Take us through.You know what exactly is it the fans are evey looking forward to when it comes to chakra.

I hear it’s called the chakra worse.Or what exactly is in this dump for the fans? Hi.So, no, thank you for having us here.Now, as our you know, you have Explain it better.I would like to tell you about the character.

It was insured.

So what? We have this, you know, a mother of all Drop Stanley solved.The creator of I didn’t man and inspired a man and and all the Marvel characters now chakra the Invincible.It was the first original Indian superhero and this is why there’s a bus in it Because he created it was Sharad.

And now previously, if just to remind the new generation, it was launched as one of more successful Indian graphic novels and there was also a series of animated films and and shots, you know that have been aired on Cartoon Network India and Amazon five.Now, as much as our stand was fascinated by the Indian culture because of its rich a diverse tradition, he wanted to bring a lot of culture into this character challenge because India is the land where Hanuman is the original superhero, and he is the favourite among kids, so it’s going to be quite a challenge getting that up at lately.Brink Ram in this conversation is well round from Bollywood superstars to comic heroes.

Share with us off the big learnings you’ve had the in these and FT drop collections.I believe this spaces also ever evolving.Are you changing anything’s this time around? Absolutely so last time, with some it affections.A nifty It is very experienced as the dictionary short.So it was turned out to be one of the biggest energy sake of ever released.And this P m retains you the strategies used before with the loan there, the loving people hopes that always asked for a stepping up more booths.

We have retained that, and we also introduced a more video based content this time because that was the demand wanted paste.

And we have also increased the number of character sketches done that we had very limited cities and this now we have gone up to 6000 series of and nifty expect rated.

This is Candace Cases and each unique PRC 7 21.So the that we’re getting to learn when it comes to N F t.So let’s see.Good luck guys with this one.Let’s see how it goes will connect again.Those that that’s all we could pack in today’s edition of coffee and crypto well, ever evolving world of trips so ever evolving World of Chris so regulation as well.

And we are keeping a very close tap on everything that happens in that space.Remember no bill just yet, But there is one in the works and you know where to catch related.That’s it for me.Bye.

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