The summit, now in its 14 year, featured luminaries from the Web3 space, including CESS Chairman Nicholas Zaldastani, who provided a technical, operational, and business-focused deep dive into Web3. CESS, Cumulus Encrypted Storage System, is a third-generation decentralized, cloud-based data storage protocol built for Web 3.0. Despite the rapid ascent of Web3 technologies to the forefront of discussions on how the world should connect, share, and do business, many people have misconceptions about the growth trajectory of this bleeding-edge technology, the business opportunities for leveraging Web3, and the role of Web3 in the wider tech space. Within this context, IVS Crypto 2022 held a special panel on July 8, 2022, to discuss everything related to Web3. Moderated by Masa Kakiya of Consensys, the panel included industry leaders from Bware Labs, Nakji Network, and Google, and also featured Nicholas Zaldastani, the Chairman of CESS. Among the topics that were discussed were the following: What is Web3? How – and why – should businesses join the Web3 revolution? What are some of the larger opportunities within the Web3 space? The panel also talked in-depth about how to develop Web3-native apps; the benefits of decentralized, Web3-based infrastructures over Web2 systems; how businesses can transition to Web3 from Web2; and how new users can be onboarded to work within this new, groundbreaking paradigm. CESS Chairman Nicholas Zald...
