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Web 3.0 Blockchain Technology Stack: The Comprehensive Guide

#artificialintelligence

This comprehensive guide covers all fundamental concepts of web 3.0 blockchain technology stack -- how it came to being, general infrastructure, Web 3.0 architecture, and possible impacts on our lives. Now it has been changing faster than ever. Only 20 years ago the world got introduced to mobile phones. Within just ten years the world got addicted to it. You cannot even imagine a world with the internet and smart devices these days. Maybe lately, you have been buzzed with this term Web 3.0 blockchain stack. Today we will tell you everything on Web 3.0 blockchain stack and why it matters! The world took a big leap when the e-mails got replaced with chats and emoji. But that was also ten years back. The world is hungry for new things. While everything around you started changing, the very internet grew up. It started with raw skeletons of websites made with basic HTML. Sooner websites got smarter and became interactive. Only time can tell how smart the internet will be in the era of Web 3 blockchain stack. Web 3.0 IT stack is still not developed yet completely. But it's about to come out with full-on actions. So, what is Web 3? While Web 1.0 and 2.0 had centralized servers and, Web 3.0 blockchain stack has a decentralized network which more user-centric. A transparent and secured internet that focuses on making things more humane. There are five major significant features of Web 3.0 blockchain stack. We think these will help you to grasp the whole concept better. We are using a term these days a lot to define a device that can connect and use internet – smart. We are now surrounded by these smart devices. Are you wondering – how so? Well, take a moment and look around you. There are smart fridges, people are using home assistants like Alexa and Google Assistant, your smartphones, and tabs. All of these things can connect to the internet.


Finding a job or saving democracy: Blockchain to the rescue?

ZDNet

You can read this executive guide as a PDF (free registration required). Training machine learning (ML) models is going to be a big part of the burgeoning AI industry. But how do you find the jobs, do the work, and then get paid for it? Blockchain, introduced in 2008, is a cryptographically-secured, distributed consensus system that enables untrusted parties to engage in, for example, financial transactions. As each transaction is concluded, the details are placed in the blockchain and locked down cryptographically, creating an immutable record.


What Is Blockchain? IBM Launches Service For Enterprise Businesses

International Business Times

IBM announced Monday the launch of IBM Blockchain, a commercial service that will provide enterprise companies the ability to build their own blockchain networks on IBM's cloud platform. The company also announced the service is already in use or will soon be put to use by a number of businesses including financial service companies and a carbon trading company based in China. According to IBM, the new service is based on the Linux Foundation's Hyperledger Fabric version 1.0, an open-source effort designed to provide a framework for building enterprise-level blockchain networks. It will also be underpinned by LinuxONE, which is regarded as the most secure Linux server. The company claims its blockchain system will be able to scale up to provide support for a large number of users and will be able to process transactions at a rate of more than 1,000 transactions per second.


How complex blockchain technology is

#artificialintelligence

Breaking down the essence itself and giving the terminology, it is worth noting that blockchain, if you break it down into individual words, is a chain of blocks that are made up of information. Nobody is able to delete such information or change it, and it can only be supplemented. And one important feature of blockchain is that it is decentralized, because all information is not stored on a single server, but is distributed among many servers which do not connected . Moreover, it means that information cannot be deleted. If you erase it on one computer, it will be stored on many others.