PodChats for FutureCIO: Web 3.0 and the post-pandemic data centre

In the article, What Is Web 3.0 & Why It Matters, Fabric Venture partners, Max Mersch and Richard Muirhead, wrote that whereas “Web 2.0 was driven by the advent of mobile, social and cloud, Web 3.0 is built largely on three new layers of technological innovation: edge computing, decentralised data networks and artificial intelligence.”They also postulated that the shift to Web 3.0 is spreading the data centre out to the edge. “Large legacy data centres are being supplemented by a multitude of powerful computing resources spread across phones, computers, appliances, sensors and vehicles which are forecast to produce and consume 160 (!) times more data in 2025 as compared to 2010 (Ocean Protocol Research).”Gartner analyst Avivah Litan says Web 3.0 will transform us from Web 2.0’s monetization via surveillance capitalism and advertising to monetization built directly into the protocol that is equally available to any connected user.In this PodChats for FutureCIO, we speak to Ulyses Ty, Head of Applications Services, Asia Service Centre, Sun Life Financial, for his take on where Web 3.0 will take the enterprise and how IT leaders will drive the adoption of Web 3.0 in the enterprise?1.       What is your definition in of Web 3.0?2.       How do you see Web 3.0 supporting calls for innovations that support sustainability and resilience?3.       Why is Web 3.0 not yet here (not sufficiently mature to draw serious discussion at the Board and C-suite level)?4.       From your perspective, where do you see are the low-hanging use cases of Web 3.0 based on currently available technology?5.       How do you see security and privacy evolving in Web 3.0?6.       In all these developments, how do you see the CIO and IT leadership helping to steer the integration of Web 3.0 into the organisation’s evolving use of IT?7.       Into 2022, how do you see Web 3.0 shaping the industry?