TY - BOOK AU - Ma,Winston AU - AU - Huang,Ken AU - TI - Blockchain and Web3: building the cryptocurrency, privacy, and security foundations of the metaverse SN - 9781119891109 U1 - 005.74 23/eng/20220714 PY - 2022/// CY - Chennai PB - Wiley KW - Blockchains (Databases) KW - Cryptocurrencies N1 - Includes index; Table of Contents 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 N2 - 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 ER -