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Concepts, Technologies, Challenges, and the Future of Web 3

Pooja Lekhi (University Canada West, Canada) and Guneet Kaur (University of Stirling, UK & Cointelegraph, USA)
Indexed In: SCOPUS
Release Date: August, 2023 | Copyright: © 2023 | Pages: 602

Publication Status: E-Book and Print Version Available for Purchase
ISBN13: 9781668499191
ISBN13 Softcover: 9798369305423
EISBN13: 9781668499207
DOI: 10.4018/978-1-6684-9919-1

Description:

Web3 is a term which refers to the third generation of the World Wide Web; it is a decentralized internet architecture that uses blockchain technology, smart contracts, and other decentralized technologies to create a more secure and transparent internet.Concepts, Technologies, Challenges, and the Future of Web 3 is led by researchers with a valuable mix of industry and academic experience. The book delves into the concepts of decentralization, trustlessness, and interoperability and explores the challenges of Web3, including scalability, security, and regulatory compliance. It examines the current and potential future use cases of Web3, such as decentralized finance, supply chain management, identity verification, and decentralized social networks.

“The core building blocks of Web3” is not just for researchers, academics, and students in computer science and related fields but also for developers, entrepreneurs, and businesses looking to build applications and services in the Web3 space. It offers a clear understanding of the technical and conceptual frameworks underpinning Web3 and the challenges and opportunities in the decentralized web. Moreover, the book is valuable for policymakers, regulators, and legal professionals interested in understanding the regulatory frameworks and legal implications of Web3. It provides insights into the potential impact of Web3 on governance, regulation, and law, highlighting the need for new policy frameworks to address the challenges and opportunities presented by the decentralized web.

Coverage:

The many academic areas covered in this publication include, but are not limited to:

  • Blockchain
  • Cryptocurrencies
  • Decentralized Finance
  • Decentralized Identity
  • Decentralized Social Networks
  • Decentralized Storage
  • Metaverse
  • Nonfungible tokens
  • Smart Contracts
  • Web3

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Dr. Pooja Lekhi is the Chair of the Department of Quantitative Studies and a Finance Professor at University Canada West. With over a decade of experience in teaching and research, she specializes in making complex financial and technical concepts accessible through innovative teaching and assessment methodologies. Dr. Lekhi’s research interests encompass asset quality management in financial institutions, cryptocurrencies, cybersecurity, financial technologies (FinTech), blockchain, and other emerging trends in the financial sector. Her work has been published in Fintech Magazine, Blockchain Tribune, and Money and Finance Magazine, and her insights have been featured in Express.co.uk, Currency.com, The New York Times Post, News Nation USA, World ABC News, and Forbes Alert. Beyond research and publishing, Dr. Lekhi has authored numerous book chapters and peer-reviewed journal articles. She has also played a key role in academic publishing by editing books for leading publishers, further establishing her expertise in finance and financial technologies.

Guneet Kaur, a distinguished professional, brings a wealth of expertise from academia and industry. As the FinTech editor for Cointelegraph's Cryptopedia Section, she thrives in the blockchain, crypto, and fintech landscape, with over 5 years of experience. Presently pursuing a professional doctorate in data science at the prestigious University of Stirling, Guneet's research delves into the pressing topic of privacy concerns associated with CBDCs. Guneet's notable accomplishments include securing distinction in her MSc in Financial Technology (Fintech) from the University of Stirling, Scotland along with holding a gold medalist MBA in Finance & Marketing from Guru Nanak Dev University, India. During her tenure at an IT company, which she joined after completing MBA, Guneet not only honed her skills but also excelled as a Global Client Partner and Business Manager for the APAC region, all while securing a funded scholarship for a Singapore training trip in 2016. Additionally, Guneet has co-edited books, authored book chapters published by IGI Global. Moreover, she has also served as an assessor for blockchain courses by The Economist, and as head coach for blockchain and crypto-related courses by the Institute for Management Development, Switzerland. She is a sought-after speaker and has presented at conferences and events worldwide. Her research interests encompass digital finance, blockchain, Central Bank Digital Currencies (CBDCs), cryptocurrencies, monetary policy, and financial technologies.

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