Web3

Web3 is the next evolution of the internet, built around blockchain technology and user ownership.
It’s a broad concept that includes many decentralized applications and technologies — not just financial ones.

  • No single entity controls the network (unlike Web2 platforms like Google or Facebook).

  • Users can own digital assets (tokens, NFTs) and control their own data.

  • Applications running automatically on blockchains (like Ethereum).

Frontier Technology

Frontier tech refers to cutting-edge, transformative technologies that are still emerging but have the potential to reshape industries, economies, and society.

  • Often still in R&D or early commercialisation

  • Anyone with a wallet can participate

  • meaning their impact grows rapidly once they mature

  • how we work, communicate, produce, and invest.

Decentralized Finance (DeFi)

DeFi is a subset of Web3 focused specifically on financial services — lending, borrowing, trading, investing — all without banks or intermediaries.

  • (e.g., Aave, Uniswap, Compound)

  • Anyone with a wallet can participate

  • Financial logic encoded into code rather than controlled by institutions

  • Assets and protocols can interact directly on-chain