Web2 refers to the version of the internet most of us know today. An internet dominated by companies that provide services in exchange for data. Web3, in the context of Unova, refers to decentralized apps that run on the blockchain. Instead of controlling your data, we provide the infrastructure that allows each company to keep control over their own data and with who they wish to share it. In simple terms, we do not host your data on our server. You do.
Web2 vs Web3
With Web3, people, machines & businesses can trade value, information & work with global counterparties they don’t know or yet explicitly trust, without an intermediary.
Keep control of your data
In a world with growing concerns about data and supply chains crossing international borders, it is important to build a basis on which companies and government agencies can build without trying to convince these organizations to trust one company.
Cross border potential
A Chinese company and a Russian company may be part of a European supply chain, but it is unlikely each one of these companies will be comfortable with sending their data to one central organization, in this case, Unova.
Instead, we have built an infrastructure that allows each one of these organizations to keep complete control and decide who gets their data. In addition, going towards the future, it may be that each organization wishes to create and send different kinds of data or even build different applications which can still leverage the benefits of the network; therefore, providing infrastructure and not only a web application is important.
Since supply chains cover a global network of goods transfer it is only logical that there is also an IT network that supports this.