Web 3.0 Improves Our Life

Web 3.0 and the Internet of Things

How will Web 3.0 make my life easier? One example of Web 3.0 syncing with “Internet of Things” (IoT) is Tesla’s over-the-air fix. Owners in America received a recall notice that a charger plug needed to be fixed because it caused fires in the car. Rather than having to schedule servicing at the dealership, owners sat unknowing that Tesla remotely completed a software upgrade which remedied 29,222 cars of the hazard. This seamless flow of connectivity between humans and devices to other devices has shifted from “fashionable” toys (Fitbits) to “life-enhancing” activities that have a clear value proposition (Tesla’s safety recall). It’s clear in this IoT application that there are immediate cost savings in the technology, and yields brand differentiation and loyalty.

A browser can be your gateway to Crypto and Web 3.0

Now, let’s introduce the integration of a cryptocurrency (digital currency) “wallet” in a Web 3.0 browser. A crypto wallet is designed to hold crypto coins in a safe, private, digital space and serve as a single login to all Web 3.0 decentralised applications (called Dapps).

Most people immediately think of Bitcoin but that’s not an asset you would use for everyday transactions. Crypto coins also include specific gaming coins which are used for purchasing in-game virtual goods like weapons, “skins”, or vehicles. On some platforms players are compensated for spending time in the game and then can use the tokens they earn on in-app purchases to build a “circular economy”. Imagine personalizing your winning sword, bloodied by victory, and using it in multiple crossover games! You can buy it, sell it, or keep it as a memento. You can even take that golden sword or good luck battle “skin” to another platform. These collectibles or “tokens” can be stored or rented to players who have not completed that level or challenge yet. Crypto facilitates the transactions and the goods are stored in your wallet.

Web 3.0 integrates what we use today with advancements in technology, cryptocurrency to various devices and provides access through Dapps. Whether you are gaming, trading collectibles, or purchasing the next generation of sporting event tickets, you will need a crypto wallet. Opera’s browser is the only Web 3.0 browser with a native crypto wallet which makes it safe, reliable and easy to use.

Welcome to Web 3.0. You have arrived!