Web 3.0: The Future Architecture of the Internet?

14 Pages Posted: 6 Apr 2022

See all articles by Usman W. Chohan

Usman W. Chohan

Centre for Aerospace & Security Studies (CASS); Critical Blockchain Research Initiative (CBRI); International Association of Hyperpolyglots (HYPIA); University of New South Wales (UNSW)

Date Written: February 7, 2022


Pursuant to two broad “iterations” of the world wide web, the first relegating the user to a rudimentary read-only role, and the second to that of a content-creator bound by an architecture of oligopolistic entities, a third iteration (Web 3.0) is posited as one wherein the user is incarnated as the ultimate arbiter and primary agent of value creation and exchange. To attain such decentralized ownership for a new internet architecture, Web 3.0’s proponents argue for a blockchain-oriented structuring of the internet, with the onus of participation and possession relegated to the user at the centre. The aim of this paper, then, is to gauge the merits of such a decentralized manifestation of the internet as Web 3.0 using social, economic, and cultural lenses.

Keywords: Web 3.0, Web3, blockchain, cryptocurrency, NFT, non-fungible token, defi, finance, crypto

Suggested Citation

Chohan, Usman W., Web 3.0: The Future Architecture of the Internet? (February 7, 2022). Available at SSRN: https://ssrn.com/abstract=4037693 or http://dx.doi.org/10.2139/ssrn.4037693

Usman W. Chohan (Contact Author)

Centre for Aerospace & Security Studies (CASS) ( email )


Critical Blockchain Research Initiative (CBRI) ( email )

International Association of Hyperpolyglots (HYPIA) ( email )

Montreal, Quebec

University of New South Wales (UNSW) ( email )

High St
Sydney, NSW 2052

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