The terms of the week
In an era dominated by digitization, two concepts are emerging and revolutionizing the technological landscape: tokenization and edge computing. These two principles, which are redefining asset management and data processing, offer new opportunities and challenges. Their impact goes beyond simple process simplification and efficiency improvement, opening new investment scenarios and enabling more effective and informed use of technological resources.
Tokenization
Tokenization represents a radical innovation in asset management. Imagine being able to convert an asset, such as a master painting or a property in the city center, into a digital “token” that can be exchanged easily and securely. This process is based on blockchain technology and has the power to democratize investments, making them more accessible and transparent. Tokenization breaks down an object of value into numerous parts, allowing many people to invest and have a share of that asset.
Imagine a Web where machines and computers can understand the meaning of information and web pages, not just their content. For example, if you search for “superhero movies” on Web 3.0, the search engine could figure out exactly what movies you are interested in and show you more relevant and personalized results.
Web 3.0 is mainly about the evolution of the World Wide Web and how we use it to search for and share information.
Edge Computing
Edge computing represents an innovative and necessary answer to the challenge of real-time data processing. When we browse the internet, the data we generate is processed, often by servers geographically distant from us. This distance can cause communication delays and wasted bandwidth. Edge computing solves these problems by bringing data processing as close as possible to the source, i.e., to the devices that generate the data themselves. In this way, the data is processed directly by the devices, such as smartphones or IoT sensors, reducing the latency and bandwidth used, and improving the security of the data itself.
One of the most interesting technologies of Internet 3.0 is blockchain, which is the basis of cryptocurrencies such as Bitcoin. Blockchain allows for the creation of secure, decentralized networks where information is distributed among many computers instead of being controlled by a central entity such as a government or large corporation.In practice, Internet 3.0 could allow you to have more control over your personal data, protect your privacy, and communicate more securely with friends and family.
Internet 3.0 is about the evolution of the entire Internet infrastructure, including decentralization, security and privacy.
These two concepts, tokenization, and edge computing are revolutionizing the way we interact and operate in the digital world. They represent the main levers of this change, introducing new opportunities and challenges to the digital landscape, and it is important to understand their potential to successfully navigate the digital future.
So, my dear Folks, this week we talked about Tokenization and Edge Computing.
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