Introduction to Web 3.0

Abstract

Technological tools exist for the first time in human history to connect the bottom billion unbanked to the global economy, provide digital identity to stateless people, provide direct benefits to women and girls, and accelerate climate action. These tools can transform the lives of the world's population. Web 2.0 gave the world access to information. Web 3.0 will be the next iteration of the internet – “The Internet of Value” (IOV). This chapter outlines the motivation for producing a book on Web 3.0, the change model providing a framework for the book, and a summary of the chapters. The internet of value (IoV) will enable the exchange of any valued asset with another person without the need for an intermediary. This will be transformative.