An in-depth and authoritative treatment of one of the most pressing topics of our time
In Blockchain and Web3: Building the Cryptocurrency, Privacy, and Security Foundations of the Metaverse, two tech and finance experts deliver a comprehensive and accessible guide to the present and future of blockchain technology and how it will form the foundation of a new, better internet.
To support a concept as bold as the Metaverse, we need several orders of magnitude more powerful computing capability, accessible at much lower latencies, across a multitude of devices and screens. You’ll discover how blockchain can accelerate data flow, exchange, and transactions to create and transfer value around the world and, at the same time, how it can be used to protect user data privacy and security with decentralized web infrastructures. The book also includes:
- Discussions of how sovereign governments are entering the blockchain fray and how their entry, especially with CBDC digital currency, shapes the conversations around Web3
- Explorations of whether we will ever realize the holy grail of blockchain tech: interoperability to compete with Big Tech platforms
Discussion of new security and privacy issues rising from the intersection of Blockchain, Web3 and Metaverse.A fascinating and eye-opening treatment of the past, present, and future of blockchain and the role it will play on the internet and metaverse, Blockchain and Web3 is a truly original and engaging discussion of a timely and critical topic.
Foreword xi
Acknowledgments xvii
About the Authors xxiii
Preface xxvii
Part I Mega Convergence of Digital Technologies in Metaverse 1
Chapter 1 Metaverse: Convergence of Tech and Business Models 3
Chapter 2 Blockchain, the Backbone of Web3 33
Part II Blockchain Breakthroughs Set the Transaction, Privacy, and Security Foundation for the Digital Economy 69
Chapter 3 Cryptocurrencies and Tokenomics 71
Chapter 4 DeFi (Decentralized Finance): Bankless Metaverse 97
Chapter 5 NFTs, Creator Economy, and Open Metaverse 131
Chapter 6 Blockchain Gaming in Metaverse 157
Chapter 7 Metaverse Privacy: Blockchain vs. Big Tech 183
Chapter 8 Metaverse Security 217
Part III Three-Way War among Open Metaverse, Big Tech Walled Gardens, and Sovereign States 255
Chapter 9 Public Crypto, Government CBDC, and Big Tech Coin 257
Chapter 10 Web3 Creator Economy on Blockchain 289
Glossary 323
Index 349
EXPLORE THE TRILLION DOLLAR OPPORTUNITIES OF BLOCKCHAIN ECONOMY IN THE METAVERSE
“Ma and Huang provide the essential handbook on the transformative power of Web 3 – taking you on a ride from the basic fundamentals of the blockchain protocols to the vast possibilities of the metaverse – and the immense impact it could bring. An educational and entertaining must-read for anyone interested in the next, programmable and immersive, web.”
—Lila Tretikov, deputy Chief Technology Officer (CTO), Microsoft
“Metaverse, Web3, and blockchain are among the cutting-edge technologies of the new digital economy. Focused on security, privacy, and data governance, this book discusses the paramount aspects of how these new technologies are used in the real world.”
—Yao Qian, former Head of China’s Digital Yuan Effort; Director of the Science and Technology Supervision Bureau of China Securities Regulatory Commission
“A remarkable convergence of digital economy with blockchain and Web3, depicting the true merits of the metaverse in relinquishing the impending daunted horizons of the information technology.”
—Mehdi Paryavi DEA®, Chairman, the International Data Center Authority (IDCA)
“An essential breakdown of the most important recent developments in the blockchain space. Unlike many other writers, Ma and Huang look beyond mere financial speculation to uncover the true productive potential of blockchains, smart contracts, DAOs, DeFi, the metaverse, and more.”
—Neel Mehta, Author of Bubble or Revelation?: The Future of Bitcoin, Blockchains, and Cryptocurrencies
“A thoughtful guide to the role blockchain and crypto assets play in the world-changing internet transformation – and how one accelerates the other.”
—Anthony Scaramucci, Founder & Managing Partner of SkyBridge
“Provides a colorful account of how things like gaming, blockchain, NFTs, AR/VR, DAOs, and DeFi have converged and ultimately presented to us this whole package called metaverse.”
—Clay Lin, Chief Information Security Officer (CISO), World Bank Group
“A clear picture of the complex ecosystem that enables the next-generation internet. Readers will become "Web3 smart" netizens, educated participants, and even adept game changers.”
—William Zhang, Security Architecture Lead, World Bank Group
“Provides a valuable window into metaverse and covers the important building blocks for a trusted metaverse.”
—Yale Li, Chairman, Cloud Security Alliance – Greater China Region (CSA GCR)
Produktdetaljer
Om bidragsyterne
Winston Ma is an investor, attorney, author, and adjunct professor in the global digital economy. He is a co-founder and managing partner of CloudTree Ventures and the board chairman of Nasdaq-listed MCAA, a European tech SPAC. Prior to that, he was head of North America Office for CIC, the deputy head of equity capital markets at Barclays Capital, a vice president at JPMorgan investment banking, and a corporate lawyer at Davis Polk & Wardwell LLP. He is the author of bestselling books including The Hunt for Unicorns and The Digital War.
Ken Huang is CEO of DistributedApps and chair of Blockchain Security Working Group for Cloud Security Alliance in the Great China Region. Over the past 18 years, he has worked on application security, identity access management, cloud security, and blockchain for the fintech industry and health care industry. He is a Certified Information Systems Security Professional since 2007 and is the author of Blockchain Security Technical Guide, published by China Machine Press in 2018.