John explains that Web3 is about the convergence of technology, economics, and social trends.
He elaborates that foundations begin with service-based architecture (SOA), the notion of how to design loosely coupled systems that consist of economic services and components.
He goes on to explain how DeFi represents this thinking of a loose composition of services.
With all of this, blockchain brings together technology and economic incentives into a holistic equation—people contribute because they want to contribute.
Nonsense it is not, says baby Yoda.
Crypto isn’t the end game. It’s a segue along the way.
Follow Ben, Matt, and John.
Learn more about the Global Blockchain Business Council and John’s company, ngEnterprise.
Speaking of awesomeness, we’d like to give a shout out to Stellar Question Badge winner GateKiller for asking a question “How can I get the DateTime for the start of the week?” that has been bookmarked by a hundred people.
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