Gregory Griffiths, Founder & Chairman of IDEAX Ventures
- Gregory is a business consultant, with the Royal Family Office in the UAE.
Podcast
Overview
The newest and most talked-about generation of the internet is called Web 3.0. The third iteration, built on complex software tools like artificial intelligence, will enter the warriors’ arena after 2.0. It strives to offer a reliable, data-driven user interface that is accommodating to all users. Web 3.0 is anticipated to make use of Semantic Web, Blockchains, and Metaverse.
In today’s episode of The Brand Called You, Gregory Griffiths talks about the various developments and their consequences in the world of Internet. He also sheds light on his endeavors, IDEAX Ventures and his time at the Royal Office of UAE
00:33 – About Gregory Griffiths
- Gregory is a business consultant, with the Royal Family Office in the UAE.
- He is the Founder & Chairman of IDEAX Ventures and UCROWDME, a decentralized innovation and insights platform powered by Web 3.0 technologies and professional investment deal portal.
06:44- How is Web 3 different from Web 2.0?
- For me, personally, Web 3.0 is the next evolution of the Internet.
- It builds off Web 2, which obviously, is where we were. Web 3.0 is a decentralized version of the internet that is supported by some very amazing tools and technologies, such as blockchain, such as artificial intelligence, such as machine learning.
- It’s really about giving the internet power back to the people in a more private, secure, decentralized manner.
10:23- Will the Web 3 and blockchain introduce complete transparency that is, ultimately, most desirable?
- I think, you know, it’s probably one of the most important founding pillars of web 3.0.
- I think, obviously, there’s decentralized and centralized.
- Decentralized is obviously public, for the people centralized is predominantly for companies and their customers internally focused.
- The technology doesn’t change. But I think blockchain today is probably the best example of technology that can provide a transparent solution and provide that governance, you know, as opposed to other methods out there.
11:27- What is the difference between the metaverse and the Web 3.0?
- If you go back to while even looking at Call of Duty, immersing yourself in the augmented reality world, some people go there to play games, some people go there to make friends.
- And now you can look at some of the world’s top brands like Adidas and Puma, and Red Bull that love this new Metaverse because it gives them an opportunity to not just promote and market their products, but also now is the ability for them to sell their products in the metaverse.
- And so it’s a really great example of how companies don’t have to be big brands.
- You could buy a product from someone in Turkey, where they would never normally have that opportunity.
- They can design their store off the back of their own physical store.
- And this is where obviously digital twin Smart Cities come into play.
- And so the metaverse being its 3D-augmented reality, web 3.0, predominantly being the next version of the internet for the people.
RESOURCES:
You can connect with Gregory Griffiths – LinkedIn
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Profile
- Gregory is a business consultant, with the Royal Family Office in the UAE.
- He is the Founder & Chairman of IDEAX Ventures and UCROWDME, a decentralized innovation and insights platform powered by Web 3.0 technologies and professional investment deal portal.
