Forrester Unveils New Reports To Continue To Demystify Web3

The first, Web3 And Web 3.0 Are Synonymous Today - But This Wasn't Always True, describes the interchangeability of the terms "Web3" and "Web 3.0," despite many referring to them as the same concept. Learn more about how this shift took place - over a 23-year span.

The second, Web3 Promises A Better Online Future But Contains The Seeds Of A Dystopian Nightmare, assesses if Web3 can deliver on its promises. Forrester's research suggests that turning Web3 theory into practice is proving difficult for two reasons. First, today's Web3 is dominated by speculators in cryptocurrencies and digital assets like non-fungible tokens (NFTs), creating an unregulated environment in which scammer and fraudster actions derail the best of intentions. Second, several core principles Web3 proponents advocate for aren't practical today - and may never be.

Forrester's report also outlines how CIOs, CMOs, and other executives should approach Web3 with extreme caution, even as firms collectively invest billions of dollars into this nascent space.

The third, To Secure Web3, Focus On The Centralized Control Points, outlines how Web3 applications aren't just vulnerable to attack; they often present a broader attack surface than conventional applications do. This report provides a high-level overview of the most important risks surrounding Web3 projects and how security professionals can mitigate them.

For further information about Web3 promises compared to Web3 reality, visit here.

To access this research or arrange an interview with a Forrester analyst, please contact [email protected].