The next evolution of the web is upon us, and it's being called Web3. The phrase means different things to different people, but it generally describes the concept of distributed computing instead of centralized computing. This new generation of web integrations brings with it a lot of new concepts which have intrigued people of all ages. But, for many people, getting involved with or investing in these new technologies is simply out of reach. But, at CES 2023, Davensi announced the new DV Invest platform to make Web3 technologies more accessible.
Web3 is the catch-all term for the next generation of decentralized and open-source internet applications, also known as dApps. This new generation is driven by blockchain technology, which allows data to be securely shared across multiple computers without a central server or third-party service providers like Google or Facebook.
Among the technologies that have emerged from the Web3 "revolution" have been a collection focused on investment. Cryptocurrency has been the most publicized, but blockchain also provides for other tradable tokens, including NFTs (non-fungible tokens), security tokens, and more.
One of the most popular Web3 technologies to date is the use of smart contracts. Smart contracts are self-executing digital agreements that can securely store and execute transactions between two parties without requiring an intermediary. This technology has enabled us to create secure, trustless systems that can be used for a range of purposes, from financial services to digital identity management.
Overall, Web3 technologies are paving the way for a more secure, transparent, and data-centric future. With the power of these technologies, we can create an Internet where private data is protected and users have complete control over how it's used. This promises to open up new possibilities for individuals and businesses alike, creating a new level of trust and efficiency in digital interactions.
DV Invest is a platform from Davensi that gives access to the investment aspect of Web3. Interest in cryptocurrency, NFT, and other token investments has been on the rise in the last few years. The problem has been that, for the most part, you had to have a pretty good grip on the technology to be able to get involved. Sure, you can throw a few thousand dollars at an asset hoping that it will do something in your direction, but trying to get the insights and assistance that's available for stocks and bonds is difficult. This is what DV Invest is trying to solve.
The platform brings insights and investment strategies to subscribers, allowing people to get a better idea of what's happening in the market and where they might want to put their money. These insights and strategies are provided to users through advanced artificial intelligence and machine learning techniques, whose models are defined by data scientists and high performance traders.
DV Invest is expected to launch during Quarter 2 2023. To learn more about the platform or sign up for launch announcements, head over to the company's website.
Interview by Don Baine, The Gadget Professor.
Scott is a developer who has worked on projects of varying sizes, including all of the PLUGHITZ Corporation properties. He is also known in the gaming world for his time supporting the rhythm game community, through DDRLover and hosting tournaments throughout the Tampa Bay Area. Currently, when he is not working on software projects or hosting F5 Live: Refreshing Technology, Scott can often be found returning to his high school days working with the Foundation for Inspiration and Recognition of Science and Technology (FIRST), mentoring teams and helping with ROBOTICON Tampa Bay. He has also helped found a student software learning group, the ASCII Warriors, currently housed at AMRoC Fab Lab.