Ontology Official Announcement
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We're currently in a transition phase from #Web2 to the #Web3 era.

But what is #Web3? How does it differ from #Web2?... And what about #Web1?๐Ÿค”

This thread should clarify a few things and help you understand how #Ontology fits into the exciting world of #Web3๐Ÿ˜€ $ONT #DID
#WEB3 101๐ŸŒ

(1/2) Let's lay the groundwork for #Web3 by first describing #Web1 & #Web2๐Ÿง

#Web1 was the first version of the worldwide web๐Ÿ”—developed in the 90s.

Content was static, meaning users could only passively consume content rather than interact with it.

#Web2 changed this.

Our current web infrastructure is characterized as #Web2; it is the web we're most familiar with.

#Web2 enabled the rise of #socialnetworks and other sites that users could interact with๐Ÿ“ฑ

This has brought with it many benefits๐Ÿคณ๐Ÿ‘จโ€๐Ÿ’ป๐Ÿ“จ

But it's not without its downsides...
(2/2) Every time we interact online, the platforms we use collect #data about us๐Ÿ—„๏ธ

This can be anything from email addresses, video preferences, to the topics we follow on Twitter.

These mass swaths of #data are gobbled up by #BigTech and monetized๐Ÿ’ต- often without our knowledge๐Ÿ˜Ÿ

Not only is the #Web2 infrastructure a threat to our #privacy, it creates #security risks๐Ÿ˜ฌ

Online platforms store their #data on #centralized servers that are vulnerable to breaches๐Ÿ”“

Millions of users have had their #data exposed online.

This is where #Web3 comes in...
#WEB3 101 CONTINUED

This series began by explaining the difference between #Web1, #Web2 & Web3, before describing how #Ontology & its #decentralized products inc. #ONTID, #OScore, @ONTOWallet & @WingDAO move us closer to the Web3 era

As mentioned previously, we often don't know how our #data is used once it makes its way online...

Centralized platforms are built around their ability to harvest vast quantities of data that is then monetizedMan detective

SAGA Protocol seeks to change this.

#SAGA is a #decentralized data marketplace powered by the Ontology #blockchain ๐Ÿ”—

Rather than paying a centralized platform to gain access to user data, SAGA offers enterprises a decentralized alternative where the data providers remain in control of the data they share.

SAGA allows users to both own their data and monetize it in a fair, safe, and secure way๐Ÿ”

We will be posting a summary on #Medium soon so stay tuned!๐Ÿ˜
If you missed out #WEB3 101 Series, don't worry!

We've combined everything into a brief article!๐Ÿ˜€

Learn about the limitations of current #Web2 infrastructure and how #Ontology is helping to facilitate the transition to #Web3!๐ŸŒ๐Ÿ‘‡#DID #ONTID #OScore

https://link.medium.com/UHqwmGZJKjb
With the latest upgrade to #ONTID, we see a host of new & improved features๐Ÿ™Œ

With options for #KYC, website login & peer-to-peer communication, we present interoperable #DID solutions for #Web2, #Web3 & beyond๐ŸŒ

๐Ÿ’ซ#Mercury #ONTTAG #ONTLogin

$ONT $ONG

Read now๐Ÿ‘‡
https://medium.com/ontologynetwork/ont-id-product-suite-upgraded-to-strengthen-ontologys-decentralized-identity-framework-326919e4d461
As #Web3 continues to grow, the social tools associated with #Web2 are changing.

In the latest Tech Viewpoint, #Ontology explores what those changes look like, and what they mean for digital social spaces.

https://medium.com/ontologynetwork/ontology-tech-viewpoint-web2-vs-web3-what-will-happen-with-the-development-of-social-tools-14feab87f166
๐ŸŽฎ Ready for an epic journey into the future of #GameFi? Join our upcoming #TwitterSpaces where we'll be chatting with the team from @Gameta_Official!

We'll be discussing the challenge of onboarding 20M #Web2 users into #Web3, and the role of #DID ๐Ÿš€๐Ÿ’ซ

https://twitter.com/i/spaces/1rmxPkemYgEJN