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Blockchain, the immutable public transaction log where many say the future lies and the concept of “code is law” is often bandied about. However, the bank ending utopian promise of block chain and web3.0 has not exactly arrived and it is not as “de”centralized as it was supposed to be. Instead, the power and control of blockchain technologies, especially when is comes to currencies involved have been concentrated in a few groups while theft, scams and crime seem to be the most common things you read about it. So, what happened? The concept of Web 3.0 was not supposed to be like this.

Published in Security Talk