With the growing popularity of cryptocurrency, financial institutions are forced to change their attitudes and behaviors towards this new technology, and regard blockchain as a necessity rather than an option. Web 3.0 is the third version or the third iteration of the Internet. It is a set of ideologies and principles that enable users and creators to access Internet data. The core concepts that promote the third iteration of the network are decentralization, transparency and user utility. In this context, Web 3.0 start-ups, led by REVA, Polygon, Terra, etc., integrate and use the information of multiple websites at the same time through third-party information platforms, return the data to personal ownership, gradually get rid of the control of centralized institutions, and achieve another earth shaking innovation in the network era.
REVA
As the platform party, REVA is responsible for business organization, value evaluation, organization of auctions, and collection of a certain proportion of transaction fees. It mainly plays the role of business organization in pledge auction business, that is, REVA platform accepts customers' entrustment to carry out NFT pledge auction business, and finally realizes distributed storage+DeFi ecological, computing and bandwidth incentive network based on the IPFS protocol to solve the problems of finance, payment The problems of trust and fairness faced by liquidity, pledge lending, and the entity's commerce, consumption, entertainment, supply chain, and finance make the overall competitive environment more fair, open, and efficient.
Polygon
As the largest cryptocurrency project in India, Polygon is mainly famous for its Taifang expansion platform. It has obtained quite a number of large-scale Web3 projects from companies such as DeFi protocol Aave and Uniswap, the meta universe platform Sandbox, OpenSea and Cuban's Lazy.com in NFT market. Guide developers to build user friendly dApps in the Ethereum ecosystem, solve the problems of slow speed and high transaction costs that have plagued users for many years, and make contributions to the seamless, transparent and decentralized future in the Web 3.0 field.
Terra
Terra financial open platform can be used not only as a payment method, but also as a basic measure of payment finance to provide investors with stable cryptocurrency. The company cooperates with Near Protocol to provide some professional DeFi Dapp development solutions, effectively promoting the change of integration and collaboration project leadership Web 3.0.
Mysterium Network
Mysterium Network, founded in Switzerland, is a network platform that focuses on the highest level of privacy and anonymity by building a decentralized VPN infrastructure, adopting P2P architecture, using powerful AES-256 encryption, reputation mechanism and layered protection protocols, and providing bandwidth sales services for users who provide equipment as nodes on the network to earn cryptocurrency, It became the first decentralized VPN launched on the blockchain.
ConsenSys
Consisting of MetaMask, Infura, Quorum, Truffle, Codefi and Diligence, the ConsenSys software suite is an application development platform that provides distributed applications and end-user tools focused on Ethereum, enabling developers, enterprises and users around the world to build next-generation applications, launch modern financial infrastructure and access decentralized networks.
Biconomy
Biconomy provides a cross chain transaction protocol, which is a multi chain transaction infrastructure for the next generation of Web 3.0 applications. The company cooperates with WazirX to effectively improve the adoption rate of Web 3.0, which can run across multiple blockchains. Through the Plug and Play API of Bicom, anyone can use decentralized applications (dApps), even without encryption knowledge and experience.
Huddle01
Huddle01 is a low bandwidth video conference platform tailored for remote conference, focusing on NFT community and reducing connection delay of video conference through decentralized video calling framework. Huddle01 can log in through the wallet, use NFT as the avatar, and conduct decentralized live broadcast through Livepeer, so that everyone can have their own digital space, so that users can express themselves freely through digital identity, present real speech in the digital space, and achieve free expression of themselves.
Brave
It is a free and open source web browser based on Chromium web browser and its Blink typesetting engine. It claims to block website trackers and remove intrusive online advertisements. It is one of the main web browsers of Web 3.0. Because it adds blockchain integration and has its own cryptocurrency, it not only speeds up browsing, but also has the function of advertising interception. It is called BAT, It has been widely concerned and welcomed by network users.
BitPay
BitPay is a wallet that supports multiple signatures. This application was originally created to ensure BitPay's fund security. Its feature is that investors can have the full control of Bitcoin, and can purchase, store, exchange and consume cryptocurrencies according to their own wishes, and even use crypto debit cards to achieve free exchange with other currencies.
KoineArth
Koinearth is a start-up company dedicated to the cross field of blockchain, machine learning and mechanism design. Its original intention and mission is to create networks, markets and economies with trustworthy information and incentives. The platform is based on blockchain and artificial intelligence, and is compatible with ERP solutions for organizations to collaborate and provide users with decentralized data driving functions.
