The post From Web1 to Web3: A Journey of Data Liberation With Mikael Björn, CTO, Hashgraph Association appeared on BitcoinEthereumNews.com.

Based in Switzerland, The Hashgraph Association is an organization focused on building an innovative ecosystem for startups, enterprises, and government institutions around the world by leveraging the capabilities of Hedera Hashgraph to design and develop enterprise-grade solutions and decentralized applications. The Coin Edition team had the opportunity to interview Mikael Björn, Chief Technology Officer (CTO) of The Hashgraph Association. In this interview, Björn discusses the transition from Web2 to Web3, the Hedera Hashgraph, plans for the future, and more. Interviewer: As one of the speakers at the recent Global Blockchain Congress event, how was your experience participating in this gathering? Mikael Björn: As I have been talking at several venues over the years, I was pleased by this event’s business focus, which other Blockchain conferences often lack. Interviewer:  Could you please share your experience and insights on navigating the transition from Web2 to Web3? Mikael Björn: My journey from Web1 to Web2, and now Web3, has been a journey of data liberation. The concept of the “prosumer” (producer/consumer) during Web2 was never fulfilled as the produced content or data was always in the hands of centralized entities. This meant that the producer could never gain the number of rewards that were promised during Web2. Web3 gives back control and ownership of the data, so we’ve seen many more interesting business models popping up in Web3. We are still transitioning from Web2 to Web3, but the speed of this transition is accelerating, and we can see that when we look at the old monolithic entities of Web2. Interviewer: As stated on your website, one of the primary missions of your organization is to raise awareness and achieve widespread adoption of the Hedera Hashgraph. What sets Hedera Hashgraph apart from other networks? Mikael Björn: I would say that the singular most important…

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Filed under: News - @ December 28, 2023 4:24 pm