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

#233 - Web 3.0 Explained (with Aaron Markell)