#233 - Web 3.0 Explained (with Aaron Markell) 125842

Web 3.0 Explained: Business Cases, Security, and Future Prospects | CISO Tradecraft In this episode of CISO Tradecraft, host G Mark Hardy welcomes special guest Aaron Markell to discuss the intricacies of Web 3.0. They explore the evolution from Web 1.0 and Web 2.0 to the decentralized structure of Web 3.0, describing its application in various industries like finance, healthcare, and supply chain. The conversation dives into blockchain technology, the role of tokens, smart contracts, and consensus mechanisms like proof of work and proof of stake. They also touch on potential future developments involving AI in Web 3.0, offering valuable insights for business leaders and cybersecurity professionals looking to understand and leverage this emerging technology.    Chapters 00:00 Introduction to Web 3.0 00:31 Meet the Expert: Aaron Markell 01:39 Aaron's Journey into Web 3.0 03:51 Understanding Web 1.0, 2.0, and 3.0 04:36 Decentralization and Blockchain Basics 05:51 The SETI Project and Distributed Workloads 08:09 Proof of Work and Blockchain Security 17:22 Smart Contracts Explained 20:10 Proof of Stake vs. Proof of Work 23:51 The Role of Tokens in Web 3.0 24:22 Understanding Microtransactions and Ownership 25:05 What is an NFT? 26:40 The Rise and Fall of NFTs 28:36 Web 3.0 and Its Impact on Industries 30:10 Blockchain in Finance and Commerce 30:55 Private Blockchains and Government Transparency 34:09 Blockchain in Legal and Healthcare Sectors 36:59 Supply Chain Transformation with Web 3.0 39:59 The Future of Web 3.0 and AI Integration 41:03 Final Thoughts and Security Tips 71421