EBSI: a new trust paradigm for Web3

The Decentralised Digital Economy is gaining traction all over the world. This new iteration of the World Wide Web known as Web 3.0 (Web3), combines innovative technologies such as:

• distributed ledgers/ blockchains to achieve decentralisation
• cryptography to achieve self-sovereignty
• smart contracts to achieve transparent rules

• common APIs associated with business-driven policies to achieve interoperability

  Web3 is a new paradigm where users control their data and choose who to share it with, and when. In contrast with Web2, Web3 puts data back in the users’ hands. This avoids the hoarding of data by just a few platforms. For this new paradigm to allow frictionless digital exchange, we need infrastructure that makes data easy to verify, anywhere, anytime.

The European Blockchain Services Infrastructure (EBSI) participates in this transformation by creating an architecture for decentralised trust, making information verifiable and empowering EU citizens.

Do you want to know what's going on and what the role of blockchain and decentralised trusted registries is?

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