Key Components of Web 3

Number Category Description
1 Decentralized Finance (DeFi) Financial services built on blockchain technology
2 Decentralized Exchanges (DEXs) Cryptocurrency trading platforms that enable users to trade without a centralized authority
3 Distributed Computing Sharing of processing power across multiple computers
4 Web 3.0 Protocols Decentralized protocols that enable users to interact with distributed applications and services
5 Blockchain-as-a-Service (BaaS) Cloud-based services that enable users to build, host, and manage blockchain applications
6 Data Storage and Management Solutions Platforms that enable storage and management of data securely and efficiently
7 Decentralized Identities Digital identities that are owned, controlled, and secured by the user
8 Security Token Offerings (STOs) A form of fundraising based on issuing digital tokens that represent a company or asset
9 Non-Fungible Token (NFT) Markets Digital marketplaces for trading unique digital assets
10 Social Networking Solutions Platforms that enable users to connect, interact, and share content
11 Machine Learning and Artificial Intelligence Technologies for building and training computer programs to perform tasks without explicit instructions
12 Prediction Market Solutions Platforms that enable users to buy and sell contracts based on future events
13 Governance Solutions Platforms that enable users to participate in the governance of decentralized networks
14 Supply Chain Solutions Platforms that enable businesses to track goods and services throughout their supply chain
15 Insurance Solutions Platforms that enable users to insure goods and services against risks
16 Payment and Settlement Solutions Platforms that enable users to send and receive payments quickly and securely
17 Online Marketplaces Platforms that enable users to buy and sell goods and services
18 Gaming Platforms Platforms that enable users to play games and earn rewards
19 Cryptocurrency Mining Process of validating transactions and securing the blockchain network
20 Privacy Solutions Tools and protocols that enable users to protect their personal data
21 Internet of Things (IoT) Solutions Platforms that enable users to connect, monitor, and control physical devices over the internet
22 Wearable Technology Solutions Devices and platforms that enable users to track and monitor their health and activities
23 Cloud Computing Solutions Platforms that enable businesses to store and access data in the cloud
24 Digital Advertising Solutions Platforms that enable businesses to target and measure the effectiveness of their digital advertising campaigns
25 Natural Language Processing Solutions Platforms that enable computers to interpret and understand human language
26 Autonomous Vehicle Solutions Platforms that enable vehicles to drive themselves safely and efficiently
27 Robotic Process Automation Solutions Platforms that enable businesses to automate repetitive and mundane tasks
28 Virtual Reality (VR) Solutions Platforms that enable users to interact with digital environments in a 3D space
29 Augmented Reality (AR) Solutions Platforms that enable users to view digital content overlaid on the physical world
30 Extended Reality (ER) Solutions Platforms that enable users to interact with digital environments in a 3D space and view digital content overlaid on the physical world