Uchrony. 2042: Life in a world ruled by the Web3

Your physical wallet is now just a fashion accessory. Your parent's fanny pack is now just memories and a few bills from the paper age. Your bank cards, IDs, voting credentials and other credentials are now "in the blockchain". And yes, your digital wallet has replaced the battered leather of your old wallet. This is what people call Web3, the all-connected, decentralized mode. Welcome to 2042.

Not since the advent of the Internet has the world experienced such a technological upheaval. Undoubtedly, the world of 2042 will be a far cry from small software improvements or screen borders that shrink with time. The next 20 years will disrupt the way we connect to the world, interact with each other, access our money and exercise voting power.
Change the way we interact with our fellow man. To find your colleagues, you don't have to take the subway. If some people are looking to develop less polluting means of transportation, the solution may be to travel less. The metaverse will then become part of our daily life.

A helmet that is virtual in name only

With a virtual reality headset, you will be connected to your friends, your colleagues or your doctor. And it's not just a communication medium, but a real work tool.
Because you do create value in the most famous of these open worlds, The Sandbox.
Through unique immersive experiences that bring together thousands of avatars every week in your virtual lands. These famous "lands". Your neighbors, accountants, doctors and developers also feed the GDP of this virtual world, approaching this year 32,000 bitcoins (BTC).
And yes, in this Web 3 world, you can only count with the "Internet currency", the bitcoin.
Over the years, as inflation exploded around the world, this crypto-currency has been able to establish itself in the population. Its finite nature, limited to 21 million units, was the perfect weapon against the voracious appetite of central banks.
Your work week ends, and your employer transfers your salary to you. You instantly receive 0.0012 BTC on your Ledger key, which you transfer to the decentralized bank Aave in order to make them grow in your savings account. By the way, your bank advisor has turned into a DAO, a decentralized autonomous organization. Even the largest NGO has become a DAO, driven by a community that wants to change the world through these new uses.
On your side, thanks to your participation in Aave, you can vote in this organization to change the interest rates of deposits, the number of available cryptocurrencies, the available money supply... In short, you are like the community responsible for the financial protocols.
You just vote to lower the interest rate of the passbook on BTC, to promote the growth of the ecosystem. And shout it out on social networks. Decentralized and totally transparent finance, thanks to the power of blockchain technology, awaits them.

Capture this NFT on valcryptoast.lens ! And keep this web3 key.
Capture this NFT on valcryptoast.lens ! And keep this web3 key.

Gm Lens

Social networks have changed too. In your teenage world, web giants monetized personal data and monopolized most of the wealth created in digital. User data was even dubbed the black gold of the 21st century. Now, to connect, a simple signature is enough. This is the strength of the famous This is the strength of the famous "zero knowledge proof" process, driven by your Anima, which allows you to prove to the protocol that you are in possession of information without disclosing it. And this is what killed the business model of the old Web giants, whose cookies nibbled away at the smallest crumbs of your private life. "Use your voting power today to change the growth of our world," you write on Lens. Your post turns into an NFT that anyone can collect for a fraction of a cryptocurrency. The financing of communities is totally disrupted and without a necessary trusted third party. Your profile, the number of followers and your activity on the network are also NFTs that only you can control. And that also authenticates you to your favorite games, stores and cultural places. Smart contracts (automated programs that govern blockchains), managed by developers, audited by all thanks to the transparency of public blockchains and voted by communities, now manage hundreds of thousands of bitcoins. Hundreds of billions of old world dollars. And more efficiently, without friction or detour.

A world that disrupts the way we create value and propagate it, far from the centralized model of yesteryear is upon us. And in which the acronym GAFAM is just a succession of meaningless letters.

Does this world in 2042 intrigue you? It's already partly there. Join the Cryptoast media and collect our paper to understand all the subtleties that these new protocols can bring in the functioning of tomorrow's world.

This text is from our paper journal number 1 : "Web 3 ; the digital order turned upside down*"*

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