Скачать или смотреть Weiwu Zhang - Unique Value of Tokens | EDCON2023

Weiwu Zhang, Co-Founder & CTO at Smart Token Lab, joined us at #EDCON2023 and shared his insights into the unique value of tokens from an integrated web. Weiwu says today’s web thrives on integration with most of the web pages today usually having 3 integrations, including login (like Google ID), payment (like Google Pay or Paypal), and social network (like Twitter), which are provided by today’s Internet leaders like Facebook, Apple, and Google. He believes today’s web has big challenges beyond centralization, such as users must rebuild their reputation on an e-commerce website due to a lack of integration between websites. Integration has stunted the growth of Web2.

Weiwu believes that the solution is to tokenize the functionalities of the websites and the digital rights of the users, which means tokenizing everything and making everything a token. This is not the token we typically talk about (like collectibles or ERC-20). It’s the smart token where tokens can serve as integration points for the websites to be fully integrated. He explains that an email account can be a token, social media posts can be a token, diplomas & credentials can be a token, etc. When everything is a token, limitless integration is possible. He emphasizes that a connecting layer or smart layer that sits between blockchain and websites is needed to connect blockchain and integration points and allow token code to execute within web2 and web3 environments. In addition, smart tokens enabled by Smart Layer will serve as the connecting rod between AI and the Web. Weiwu believes that smart tokens can power the next generation of AI. SmartLayer is comprised of Smart Tokens, powered by TokenScript, running on a distributed network, and SmartLayer use cases are supported by AlphaWallet, which is a TokenScript compatible agent. You can learn more about AlphaWallet and how it enables advanced SmartLayer use cases via Weiwu’s presentation at EDCON 2023!

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