The Web3 space is fundamentally different from most innovations in the fast-evolving digital economy. While there’s no widespread consensus on which core set of technologies or protocols will be included in Web3, the sector is evolving at a rapid pace, and even experts must watch this ecosystem closely and often struggle to keep up with the latest advancements, major threats, the use of disruptive tech, and emerging business models.
Although it’s a significant challenge for non-experts to develop a solid understanding of Web3 protocols, there are ways to get up to speed without it consuming a lot of time and other valuable resources. Currently, there are a number of online platforms offering comprehensive educational resources covering Web3 technologies. These include an extensive education program from Coursera. According to the platform’s website, this course is well-suited for those who are just starting out or have some experience in the Web3 space.
Web3 education now essential for digital economy participants
The Web3 and Blockchain in Global Commerce Specialization program from Coursera may provide the modern worker with the appropriate knowledge and skills to get a solid start in the nascent industry. In addition to these educational resources, AAG’s Academy courses are also a valuable source of information for professionals looking to familiarize themselves with the Web industry.
As AAG has expanded its operations, the firm has acquired specialized knowledge on the most pressing pain points for Web3 end-use and Web2 users. After assessing the current market demand, they have introduced innovative digital infrastructure solutions, which are focused on building products to address the gap between Web2 and Web3 technology stacks.
As explained on their website, they offer a series of mini-courses that have been carefully curated by their team to assist learners with understanding core concepts that are related to the modern Internet. Other platforms such as Udemy are also providing engaging courses on Web3 in order to help learners from a wide range of backgrounds. Whether we’re receptive to this new trend or not, the reality is that the Internet and the core set of technologies supporting the World Wide Web are evolving at an unprecedented pace.
According to most industry experts, we’re now living in the Information Age, where the latest data, analytics, and real-time insights are critical to the growth of the globalized economy. Web3 happens to be one of the foundational components that’s expected to drastically transform the manner in which individuals and organizations transact and exchange information.
In order to stay up-to-date with all these latest trends, the creators of Khan Academy are also offering an extensive range of educational courses. Regardless of the degree program you choose for University, it has become absolutely essential for everyone to become life-long learners. The world around us has changed considerably in the past few decades, and it’s expected to go through even more significant transformational changes in the coming decade due to the rise of paradigm-changing technologies such as Web3 and distributed ledger technology (DLT).
Web3 infrastructure development attracts billions in funding
Notably, Web3 accounted for more than half of blockchain funding for the second consecutive quarter, reaching a substantial $3.7 billion, according to a report from CBInsights from the past year. As noted in the report, funding has been shifting away from centralized crypto services to decentralized finance (DeFi), and DApp infrastructure, which leverages Web3 as a core technology stack.
An expansion of use-cases for blockchain /DLT has accelerated the development of decentralized apps. According to a report from Pitchbook, there are many firms that are building digital tools for Web3 developers and have been raking in capital for the past few years. The Pitchbook report pointed out that many of these new technologies have been compared to foundation infrastructure such as Amazon Web Services because they offer tools for the blockchain in the way that AWS has done for the Cloud.
Due to the rise of these new technologies, AAG’s Academy courses along with other educational materials offered by the development team may provide meaningful insights into how the Internet is evolving. In fact, this space is expected to grow exponentially in the coming years, which is why Circle Research has been introduced with the goal to accelerate and amplify technical innovation within crypto, blockchain, and Web3 via open-source research.
The developers of these tech stacks believe that the power of shared knowledge will serve as a powerful catalyst for progress. The vast majority of blockchain researchers are committed to open-source principles, making their research expertise more accessible to the global community.
Web3 awareness expected to rise with availability of educational resources
By supporting collaborative efforts and transparency, educational service providers can greatly benefit learners from all age groups.
The State of Web3 perception across the globe is also changing. As mentioned in a survey by YouGov and Consensys, which was carried out to learn more about what consumers think of Web3, it was revealed that over 90% of respondents stated that they have at least heard of crypto.
While global awareness of crypto is rising, merely 8% of respondents said they consider themselves to be “very familiar” with the concept of Web3, which indicates that more educational resources such as those offered by AAG, Coursera, and Udemy need to be provided to learners from a wide range of backgrounds and learning styles.
