Blockchain and Web3: Building the Cryptocurrency, Privacy, and Security Foundations of the Metaverse
- Length: 400 pages
- Edition: 1
- Language: English
- Publisher: Wiley
- Publication Date: 2022-10-03
- ISBN-10: 1119891086
- ISBN-13: 9781119891086
- Sales Rank: #1102355 (See Top 100 Books)
An in-depth and authoritative treatment of one of the most pressing topics of our time
In Blockchain and Web3: Building the Cryptocurrency, Privacy, and Security Foundations of the Metaverse, two tech and finance experts deliver a comprehensive and accessible guide to the present and future of blockchain technology and how it will form the foundation of a new, better internet.
To support a concept as bold as the Metaverse, we need several orders of magnitude more powerful computing capability, accessible at much lower latencies, across a multitude of devices and screens. You’ll discover how blockchain can accelerate data flow, exchange, and transactions to create and transfer value around the world and, at the same time, how it can be used to protect user data privacy and security with decentralized web infrastructures. The book also includes:
- Discussions of how sovereign governments are entering the blockchain fray and how their entry, especially with CBDC digital currency, shapes the conversations around Web3
- Explorations of whether we will ever realize the holy grail of blockchain tech: interoperability to compete with Big Tech platforms
Discussion of new security and privacy issues rising from the intersection of Blockchain, Web3 and Metaverse.A fascinating and eye-opening treatment of the past, present, and future of blockchain and the role it will play on the internet and metaverse, Blockchain and Web3 is a truly original and engaging discussion of a timely and critical topic.
Cover Table of Contents Title Page Copyright Dedication Foreword Great Leap Forward into Web3 The Opportunities and Challenges of Metaverse Blockchain: The Building Blocks of a Trusted Metaverse Acknowledgments Winston Ma Ken Huang About the Authors Winston Wenyan Ma, CFA & Esq. Ken Huang Preface Terminology in This Book Part I: Mega Convergence of Digital Technologies in Metaverse Part II: Blockchain Breakthroughs Part III: Three-Way War among Open Metaverse, Big Tech Walled Gardens, and Sovereign States PART I: Mega Convergence of Digital Technologies in Metaverse CHAPTER 1: Metaverse: Convergence of Techand Business Models Metaverse, Omniverse, and Human Co-Experience Big Tech vs. Web3 Seven Layers of the Technology Stack Business Models Converging in Metaverse Building a Better Internet for the Creator Economy CHAPTER 2: Blockchain, the Backbone of Web3 Basic Blockchain Concepts Blockchain's Four Key Components Mega Convergence of Data Technologies Blockchain and Cybersecurity Five Challenges of Blockchain Adoption and Possible Solutions Why Blockchain Is Essential for Metaverse PART II: Blockchain Breakthroughs Set the Transaction, Privacy, and Security Foundation for the Digital Economy CHAPTER 3: Cryptocurrencies and Tokenomics Virtual Lands, Virtual Currencies Why Metaverse Needs Crypto and Blockchain-Based Transactions Bitcoin: The Beginning of Cryptocurrency and Trust Ethereum: Smart Contract Execution Platform Bitcoin versus Web3 (Pure Decentralization vs. Modified Decentralization) Visa and Mastercard: Tokenomics Going Mainstream Metaverse Outlook: Crypto Beyond Currencies CHAPTER 4: DeFi (Decentralized Finance): Bankless Metaverse Fintech 2.0: DeFi vs. CeFi Governance Tokens and Revenue Sources Stablecoins: Bridging DeFi and CeFi Layered Protocols and DeFi Security Bumpy Road to Mass Adoption Conquering New Territory: DeFi + NFT, Game, and Social Network CHAPTER 5: NFTs, Creator Economy, and Open Metaverse 2021 – The Year of the NFT Co-Evolution of Art and Tech NFT and Generative Art Creator Economy: Beyond the Bored Apes Going Mainstream with Brands and Fashion Challenges to the NFT Metaverse CHAPTER 6: Blockchain Gaming in Metaverse From Gaming into 3D Interactive Metaverse Tech Convergence, Media Convergence Epic Games and Fortnite Roblox Human Co-Experience P2E Blockchain Gaming – GameFi with NFT Blockchain Gaming: Gaming First? Crypto First? Gaming, the Foundation of Metaverse CHAPTER 7: Metaverse Privacy: Blockchain vs. Big Tech Privacy in a Parallel Digital Universe Future Data Privacy Model in Metaverse WEF Data Governance Model Zero-Knowledge Proof and Secure Multiparty Computation Homomorphic Encryption and Federated Learning NFT “Cookies”: When Web3 Tech Meets Web2.0 Legacy Surveillance Economy and Dystopian Society CHAPTER 8: Metaverse Security Blockchain and Metaverse: Marriage in Heaven? Identity in Metaverse: Wild Wild West? Metaverse Data Security: Chronic Pain Smart Contract Security: Maybe Not So Smart Ransomware Attack in Metaverse: Is It Possible? Supply Chain Software Risks: A Real Danger? Quantum Computing: Challenges and Opportunities Extended Reality (XR): Novel Security Risks PART III: Three-Way War among Open Metaverse, Big Tech Walled Gardens, and Sovereign States CHAPTER 9: Public Crypto, Government CBDC, and Big Tech Coin Three-Way Currency War in Metaverse(s) China's e-CNY Push at 2022 Winter Olympics Crackdown on the World's Largest Crypto Market Digital Rupee, Digital Ruble, and Britcoin US Bellwether: CBDC R&D and Crypto Regulation US–China Consensus: Stablecoins in the Regulatory Spotlight Big Tech Coin: The Rise (and Fall) of Libra CHAPTER 10: Web3 Creator Economy on Blockchain Constitution DAO and Web3 Governance Redesign Corporations in the Metaverse YGG and Open Metaverse vs. Big Tech Platforms Challenge 1: Interoperability and the “Internet of Blockchains” Challenge 2: State-Backed Metaverse Challenge 3: Will Web3 Startups Become New “Big Techs”? Creator-Verse: Future Creator Economy Glossary (alphabetical) Index End User License Agreement
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