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Home»Web 3»The usability of Web3: usability, security and democratization
Web 3

The usability of Web3: usability, security and democratization

2023-11-13No Comments5 Mins Read
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Newconomics 2023 will explore the intersection of technology and economics in the modern digital world, as the conference opens its doors to the public for the first time on November 14 and 15 in Lisbon.

The event will dissect decentralized finance, NFTs and user experiences, with an emphasis on pragmatism. Newconomics will also explore ethical considerations related to the rapid evolution of web3, addressing concerns around data privacy and inclusivity.

Diverse experts in finance, technology and ethics will come together at the two-day conference to provide comprehensive and nuanced perspectives on how Web3 technologies are changing the world in real time.

Newconomics promises to be a curated journey into the practical, experiential and ethical dimensions of Web3, promising a transformative exploration of this groundbreaking technology.

Making blockchain accessible

Stephen Allen, core contributor at the CryptoOracle Collective, will share his insights on the complex nature of blockchain and crypto. Recognized for his adeptness at simplifying the intricacies of blockchain and crypto, Allen brings a measured and impartial perspective to the web3 landscape.

According to Allen:

“Blockchain technologies are great, but we really need to work on them if we want to make them as accessible as possible…”

The demand for accurate and intuitive user interfaces has become critical in the ever-expanding world of decentralized systems. As blockchain and DeFi regain traction, bridging the gap between complexity and accessibility becomes crucial.

Allen will delve into the critical need for improved user experiences and the enormous potential within decentralized finance (DeFi) at Newconomics 2023. He will also explore how blockchain-based transparency could reshape various industries.

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The ethical boundary: white hats versus black hats

Newconomomics will also host Dyma Budorin, co-founder and CEO of Hacken, for a presentation exploring the complicated dynamics of ethical hacking in the web3 ecosystem.

The keynote, titled ‘White Hats vs Black Hats’, will address the ongoing battle between security professionals (White Hats) and malicious hackers (Black Hats).

Budorin aims to provide a neutral and comprehensive view of the cybersecurity landscape, with web3 gaining more and more traction every week. The presentation will provide insight into the evolving strategies used by ethical hackers and their counterparts, focusing on security, privacy and ethical considerations.

In the dynamic world of web3, the growth of decentralized systems depends on the fundamental principles of security, privacy and ethical considerations. As the digital landscape evolves, these core principles will form the foundation and ensure resilient systems, user-centric privacy and responsible innovation.

AI in advertising: reality versus hype

Roy Taylor will deliver a keynote address at the upcoming Newconomics event, delving into the theme ‘The Convergence of Brands and Advertising’.

Taylor is the founder and CEO of Ryff, a leading virtual product placement company using AI. His talk will dissect the transformative role of AI in contemporary advertising. The keynote will take a closer look at the real advances AI is enabling, and separate them from industry buzzwords.

Drawing on his experience at the helm of Ryff, Taylor will explain how AI is reshaping advertising, especially in areas such as personalization, programmatic processes and strategic planning.

In addition to technological shifts, the presentation also explores the ethical dimensions of AI-driven advertising. Key areas of focus include data privacy, consumer rights and the potential for manipulative practices.

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Taylor’s insights promise to provide a comprehensive understanding of the intersection between brands and advertising in the context of AI, providing guidance for industry stakeholders looking to leverage the potential of AI while maintaining ethical standards.

The global concern: wealth inequality

The invention of Bitcoin brought with it the potential to finally address one of humanity’s most long-standing and pressing problems: wealth inequality. Michael Healy, the co-founder and CEO of Unit Ventures, will deliver a keynote address addressing the profound impact of crypto on creating meaningful jobs and reducing economic disparities.

Known for his focus on social impact and positive change, Healy has a rich background as a self-taught full-stack web developer and mobile engineer.

As the driving force behind successful companies such as Chatride and Ratemash, Healy has consistently demonstrated a commitment to entrepreneurship, education and empowering individuals.

In this keynote, Healy will draw on his extensive experience and expertise to shed light on cryptocurrency’s potential to connect providers and customers, allowing companies and individuals to issue tokens for specific purposes.

The talk is poised to explore how crypto can catalyze social impact, and reflects Healy’s vision of providing tools, opportunities and knowledge to young entrepreneurs.

Conclusion

Web3’s immense potential presents nuanced challenges and ethical considerations shaping the decentralized landscape. As we navigate this transformative era, its multifaceted nature requires a delicate balance between innovation and responsibility.

While the potential of decentralized systems to redefine industries is unprecedented, the challenges of security, privacy and ethical dilemmas underscore the need for proactive solutions. Platforms like Newconomics 2023 are leading the way, providing a crucial space for leaders, innovators and thinkers to tackle these issues together.

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The industry and community must remain vigilant, proactive and committed to building a decentralized future that resonates with the principles of transparency, inclusivity and responsible innovation.

The post The Usability of Web3: Usability, Security, and Democratization appeared first on CryptoSlate.

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