Sesame Summit 2026 – application open

Web3: The Future of Decentralized Internet

Web3 represents the next step in the evolution of the internet, where decentralized technology, blockchain, and cryptocurrency converge to create a more secure, transparent, and equitable digital world.

What is Web3?

Web3 is a term used to describe the next generation of the internet, which is built on decentralized technology. Unlike the current internet, which is dominated by large corporations and centralized platforms, Web3 is designed to be decentralized, where users own their data and have more control over their online interactions. The key technologies that enable Web3 are blockchain, decentralized storage, and cryptocurrency.

Blockchain is a decentralized ledger that records transactions and data in a secure and transparent way. Decentralized storage allows data to be stored on a network of computers instead of a single centralized server, making it more resilient to censorship and cyberattacks. Cryptocurrency is a digital asset that is used to facilitate transactions and incentivize network participation. Together, these technologies provide the foundation for Web3.

blank
Photo by Viktor Forgacs / Unsplash

The potential of Web3

Web3 has the potential to revolutionize the way we interact with the internet. By decentralizing control and ownership of data, Web3 can give users more privacy, security, and control over their online identities. With Web3, users can participate in decentralized applications (dApps) that are built on blockchain technology. These dApps are designed to be transparent, open-source, and decentralized, enabling users to interact with each other directly, without the need for intermediaries or third parties.

One of the most exciting aspects of Web3 is the potential for new economic models to emerge. With cryptocurrency, users can participate in decentralized networks and be rewarded for their contributions. This can lead to new forms of digital economies, where value is created and exchanged in a more equitable and transparent way. For example, users can earn cryptocurrency by contributing their computing power to a decentralized network or by creating content on a dApp.

3D illustration of blocks in a cubical box with blue light inside it. 「 LOGO / BRAND / 3D design 」 WhatsApp: +917559305753 Email: shubhamdhage000@gmail.com
Photo by Shubham Dhage / Unsplash

Challenges and Opportunities

Despite the potential of Web3, there are still many challenges that need to be addressed before it can become mainstream. One of the biggest challenges is scalability, as blockchain technology can be slow and expensive to use. Another challenge is user adoption, as many users are not familiar with blockchain technology and may find it difficult to use. Additionally, there are regulatory and legal challenges that need to be addressed, as Web3 is still in a regulatory grey area in many jurisdictions.

However, despite these challenges, there are many opportunities for Web3 to grow and evolve. With the rise of decentralized finance (DeFi), there is a growing demand for Web3 applications that can provide financial services in a decentralized and transparent way. There is also a growing interest in Web3 from mainstream companies, such as Facebook and Microsoft, who are exploring how they can incorporate decentralized technology into their platforms.

Radar station in Pico do Arieiro, Madeira, PT Hi, your small donation -> my huge appreciation paypal.me/DanieleFranchi ” loading=”lazy” width=”5821″ height=”4000″ srcset=”https://images.unsplash.com/photo-1625216109110-d444d70ff665?crop=entropy&cs=tinysrgb&fit=max&fm=jpg&ixid=MnwxMTc3M3wwfDF8c2VhcmNofDE2fHxtZXRhfGVufDB8fHx8MTY4MjQ5NTI1Mg&ixlib=rb-4.0.3&q=80&w=600 600w, https://images.unsplash.com/photo-1625216109110-d444d70ff665?crop=entropy&cs=tinysrgb&fit=max&fm=jpg&ixid=MnwxMTc3M3wwfDF8c2VhcmNofDE2fHxtZXRhfGVufDB8fHx8MTY4MjQ5NTI1Mg&ixlib=rb-4.0.3&q=80&w=1000 1000w, https://images.unsplash.com/photo-1625216109110-d444d70ff665?crop=entropy&cs=tinysrgb&fit=max&fm=jpg&ixid=MnwxMTc3M3wwfDF8c2VhcmNofDE2fHxtZXRhfGVufDB8fHx8MTY4MjQ5NTI1Mg&ixlib=rb-4.0.3&q=80&w=1600 1600w, https://images.unsplash.com/photo-1625216109110-d444d70ff665?crop=entropy&cs=tinysrgb&fit=max&fm=jpg&ixid=MnwxMTc3M3wwfDF8c2VhcmNofDE2fHxtZXRhfGVufDB8fHx8MTY4MjQ5NTI1Mg&ixlib=rb-4.0.3&q=80&w=2400 2400w” sizes=”(min-width: 720px) 720px”><figcaption>Photo by <a href=Daniele Franchi / Unsplash

In short

Web3 represents a new era of the internet, where users have more control over their data and online interactions. With the potential to create new economic models and empower users, Web3 is an exciting and rapidly evolving field. While there are still many challenges that need to be addressed, the opportunities for Web3 are vast, and it will be interesting to see how this technology continues to evolve in the years to come.

you might also like

blank
Consumer 5 days ago

Walking through the sprawling halls of IFA Berlin 2025, it’s immediately clear that this isn’t just another trade show. This year’s edition solidified IFA Next as Europe’s premier showcase of consumer technology startups, an event where innovation meets practical applications in a comprehensive hardware-focused startup environment. The heart of European consumer tech innovation IFA Next has evolved into Europe’s hub for the latest on consumer tech. It’s where the continent’s most promising hardware startups converge with global visionaries and industry pioneers. This isn’t just marketing speak — Hall H25, dedicated entirely to consumer-focused hardware, was in many ways the largest and most influential gathering of consumer technology startups in Europe. The centerpiece was the Dream Stage, where bold ideas are shared through keynotes, panels, and highly anticipated pitch battles. Unlike other tech conferences, IFA Next maintains laser focus on technologies that will directly impact how people live, work, and interact with their environments. The Dream Stage is also where Europe’s next consumer tech unicorns are spotted far before they take flight. The finale of this year’s IFA Next Pitch Battle 2025: Breakthrough Battle saw founders presenting concepts to investors, media, and industry experts, competing for visibility, investment, and growth opportunities. Complementing the Dream Stage was the IFA Lab, an interactive testing ground where exhibitors, investors and industry  professionals collaborate to bring innovations from prototype to store shelves. The Lab is where Europe’s startups refined their ideas, engaged with industry experts, and pushed new technologies from concept to market reality. Hall H25: Europe’s consumer tech capital Hall H25 was home to what has become Europe’s largest dedicated consumer technology startup space. Beyond the sheer numbers, the hall is an indicator of how mature Europe’s hardware ecosystem has become. IFA Next specifically champions hardware solutions that people can touch, use and integrate into their daily lives. The diversity and ambition on display were remarkable. Both European and international startups presented solutions spanning healthcare, sustainable products, and cutting-edge tech for everyday use.  What stood out Addressing a critical gap in healthcare technology that affects families across the world, Coro, which won an IFA Innovation Award, accurately measures milk supply in real-time during breastfeeding. This is exactly the kind of practical, user-oriented innovation that defines IFA Next’s positioning. LeydenJar Technologies‘ groundbreaking battery technology deserves special mention for fundamentally rethinking energy storage for everyday devices. This startup is tackling what will arguably be one of the biggest challenges for consumer electronics as AI-powered devices become ubiquitous in European homes: more energy storage while keeping the dimensions small. Dtablet’s medication management solutions address  healthcare challenges that affect millions of European families. Their focus on reducing dosing uncertainty represents the practical, user-centered approach that characterizes Europe’s tech startups. Paptic’s bio-based, recyclable packaging materials are made from renewable wood fibers, a distinctly European approach to sustainable products. The startup won multiple awards, demonstrating how European startups are leading global sustainability trends. Unframe showcased immersive applications combining virtual reality and artificial intelligence, a bellwether of  next-generation digital experiences. The startup’s user-centric approach to VR and AI reflects its emphasis on practical applications over pure technological spectacle. Broadcasting innovation: IFA’s Twitch strategy One of the most forward-thinking aspects of IFA 2025 was the creation of dedicated Twitch live rooms for presenting products and news in real-time. Modern users expect interactive, accessible content about the products that will impact their lives, so this integration of live streaming represents a crucial evolution in how innovations reach their intended audiences. Sessions like “Retro Tech Rewind” with IFA CEO Leif Lindner were specifically designed for Twitch, demonstrating IFA Next’s commitment to making innovation accessible beyond the convention floor. This approach to content delivery could set new standards for how European startups engage with their markets. Europe’s consumer tech ecosystem at scale What makes IFA Next compelling is its comprehensive approach to nurturing consumer-focused innovation. It’s not just about displaying finished products; the focus here is on creating an environment where startups can connect with VCs, retail partners, buyers, and over 4,500 journalists. This ecosystem brings together everything from AI-powered home devices, smartphones, laptops and sustainable products to smart health solutions and wearable technology. With dedicated spaces for both demonstrations and retail networking, IFA Next bridged the gap between cutting-edge research and retail opportunities, a critical pathway for European hardware startups. While cities like London, Berlin, and Amsterdam host numerous tech conferences, none of those events match IFA Next’s specific focus on hardware innovation or its ability to connect startups directly with the global consumer electronics retail ecosystem. Samsung’s strong AI focus Samsung has put in a lot of time and effort into comprehensively integrating AI across its consumer product ecosystem. Take for example Its AI-enabled refrigerator: besides keeping your groceries fresh, it can propose recipes, and even identify missing ingredients — it’s a masterclass in how established brands are setting the bar for startups to reach and surpass. Samsung also showcased its expansion beyond traditional consumer electronics into B2B applications. Its IoT systems and 3D building visualization software demonstrated how consumer tech innovations can scale into commercial applications — a pathway many European startups at IFA Next are actively pursuing. The future of European consumer tech IFA 2025 has demonstrated that Europe’s technology startup ecosystem isn’t just thriving — it’s defining global trends. From sustainable packaging solutions to revolutionary healthcare devices, European startups at IFA Next are solving real problems with practical, scalable solutions. The combination of established electronics giants setting innovation benchmarks, ambitious startups developing market-ready solutions, and innovative presentation formats showed that IFA Next has become more than Europe’s largest consumer tech startup showcase: It’s evolved into an essential preview of European technology leadership. For anyone interested in understanding where European consumer technology innovation is heading, IFA Next represents the definitive annual checkpoint. The innovations showcased here by European and international startups will likely be the everyday products of tomorrow, and Europe’s leadership in making that transformation happen is becoming undeniably clear. As Europe’s premier consumer tech startup showcase, IFA Next

Electric vehicle charging and sustainable mobility technology representing LIZY's circular electric leasing approach
Events 3 weeks ago

Startups don't have infinite budgets and resources are tight. Spend has to be justified, and tens of thousands on sponsorship need more than vibe.

Slush 2024
Events 4 weeks ago

If you’re looking to forge new partnerships, discover groundbreaking technologies, or simply stay ahead of the curve, here are some events that you’d better not miss. 

Subscribe to
our Newsletter!

Stay at the forefront with our curated guide to the best upcoming Tech events.