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How Leading Big Tech Firms Embracing Web3 Technology ?

Web3 talks about a decentralized web cluster where users can interact, create and own their digital content without interference from third parties. The next-gen technology initiates the concept of decentralization and digitalization of the Internet. With blockchain technology as its core infrastructural tool, Web 3.0 is everything we can think of for the new wave of Internet evolution.<br><br>Visit: https://www.blockchain-council.org/blockchain/what-is-blockchain-technology-and-how-does-it-work/

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How Leading Big Tech Firms Embracing Web3 Technology ?

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  1. Leading Technology firms that have started embracing or planning to embrace Web3.0 Swipe Left blockchain-council.org

  2. The company has filed several trademark applications related to the crypto realm with regulatory authorities. The applications involved plans for crypto exchanges, metaverse wallet and crypto wallet solutions, tokens, crypto trading, blockchain software, etc Swipe Left blockchain-council.org

  3. The popular social media platform Twitter has actively participated in the NFT wave that has taken over the realm. Following the trend, Twitter allowed its subscribers of Twitter Blue to choose an NFT as their profile picture. The users with verified NFTs can see the digital assets appear on their profile in a hexagon shape. Swipe Left blockchain-council.org

  4. The e-commerce giant is taking some strategic steps to explore Web3 technology. With the launch of Amazon Managed Blockchain, Amazon has already gained the upper hand over its competitors. Swipe Left blockchain-council.org

  5. The firm’s plans to create a real-time channel for players to place wagers while playing e-sports games. The betting odds would be ascertained by AI depending upon a player’s game history. The company plans to expand the technology to consoles made by Microsoft or other firms’ VR headsets, AR headsets, laptops, computers, smartphones, portable TVs, etc. Swipe Left blockchain-council.org

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