In the latest episode of Untangling Web3, hosts Alec Burns and Jack Davies, accompanied by David Palmer from Vodafone, delve into the intricate universe of Web 3 technologies, blockchain, and IoT devices.
David shares insights into how the Digital Asset Broker platform leverages a permissioned blockchain to foster trustworthy, automated transactions between IoT devices, addressing industry challenges like monetization and interoperability, and managing substantial data.
The conversation ventures into the dynamics of AI, discussing the trials of connecting data from numerous devices to large language models that power AI. The episode explores critical considerations about trust, authentication, and data credentialing using Web 3, discussing the strategic move from private to public chains in blockchain adoption and highlighting the instrumental role of digital asset brokers across various sectors.
Navigating through the complexities of data ownership, especially in Web 3 platforms, the discussion emphasizes the necessity for consent and monetization incentives and pivots towards machine-to-machine payments, account abstraction, and the integration of Web 3 into established businesses.
David underlines the potent future of Web 3 and blockchain, envisaging a convergence with AI and the metaverse, and expresses his excitement about decentralized digital identity and verifiable credentials while acknowledging regulatory challenges.
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Untangling Web3 is brought to you by hosts Jack Davies and Alec Burns, produced by Emma Camilleri, and music by Daniel Paigge.
