The Web3 Era Begins presented by Author Alex Tapscott // Blockchain Futurist Conference 2024

Web3 represents evolution from Internet of information to Internet of value, enabling peer-to-peer asset transfers without intermediaries

Blockchain provides first digital medium for value, allowing unique digital assets that can’t be copied, solving the “double spend” problem

Tokens are programmable containers that can represent any form of value - from currency to assets, identities, and credentials

Stablecoins have achieved significant adoption, with over $25 trillion in volume and becoming core infrastructure for digital value transfer

Bitcoin ETFs marked mainstream adoption milestone, representing 25% of BlackRock’s ETF growth and setting records for fastest ETF launch

Canada has potential to be a Web3 innovation hub due to its talent, capital, universities and early blockchain projects like Ethereum and Cosmos

AI, blockchain, extended reality and IoT are converging technologies that will define the next era of the internet

Web3 aims to shift power from centralized platforms to users, enabling individual control of data and economic participation

Industry needs national strategy, depoliticization of crypto, prioritized investment in blockchain, and support for entrepreneurship

Prediction markets and decentralized exchanges represent new models for price discovery and value exchange outside traditional systems