Web3 and Decentralization Stand Out - Coinleaks
Current Date:September 19, 2024

Web3 and Decentralization Stand Out

Paribu hubAnd decentralizedorganized in collaboration in the second of d;pact, Web3And decentralizationconcepts were discussed.

Paribu hubsupported by d:pact brought together master names in the field of media and blockchain and those who are interested in the field. At the focus of the event, Is decentralized media possible? How can this be?”question was included.

In the event, Apostolic, Argonauts, News Labs Turkey Participants from new media channels such as Moreover in d:pactDiscussed how content producers and consumers view decentralization and media.

Noticeable Issues in the Central Media

Paribu hubAnd decentralized In the d:pact, which was carried out in collaboration, the problems in the central media were also discussed. In the second event, the reason for the need for a decentralized media was discussed based on current issues. problems in the central media, sorted as follows;

  • 1- Lack of transparency and responsibility
  • 2- Censorship, information pollution and manipulation
  • 3- Data breaches and security risks
  • 4- Monopolization
  • 5- Change of values

Central in the mediaThe advantages of decentralized media were also discussed at the event, where the problems and the reasons for these problems were discussed. Paribu hubThe advantages of decentralized media are as follows;

  • 1- Uncensorship and freedom
  • 2- Immutability
  • 3- Fair income sharing

Decentralization is still at the beginning

speaking at the event Enes Ozcan He stated that decentralized media can move forward with a number of issues that need to be resolved. In addition, Özcan, on the subject of decentralization, said:

“At the foundation of any decentralized technology, there are two main problems to overcome: technical capacity and financing. Blockchain is essentially a data storage technology that stands out with its immutability. Most blockchains promise to keep data secure, distributed, and unalterable, but they don’t claim to bring democracy and speed. For example, when the 2017 hype is experienced in blockchain, while companies are thinking about how to integrate the blockchain, can we transfer the SAP system to the blockchain? he was asking. It would not be possible. Millions of rows of data are coming in every day, it would be expensive and difficult because there was so much data.”

About the subject Turan HardThere was also a comment from Hard stated that Web3 is a vision and stands out as a technology at the beginning of the road. Sert stated that the concept of decentralization can still be seen as an experiment and that all questions will be answered gradually.

Event designed by Centerless d:pact He discussed that the concepts of Web3 and decentralization will solve many problems going forward. In the light of the professional names participating in the event and what was spoken, it seems possible to make things easier with Web3.