How Web3 Technology is Changing the Way We Work

Moving from Web 2.0 to Web 3.0 has meant decentralizing the online space. Where once the internet was regulated and owned by big business, Web3 developers are volunteers working on open-source projects like public blockchains and decentralized finance. As the next era of the internet arrives, new digital roles are in high demand. Web3 and the future of work link together.

Thanks to remote work, those with in demand skills can earn more independently than they would from wage or salary work. Estimates suggest there could be 90 million self-employed workers by 2028. In 2021, 2 in 3 people considered quitting their jobs to pursue self-driven careers; as evidenced by the Great Resignation, many of them did. 

Web3 allows employment to change in more ways than just who’s boss. Online innovations have led to a decreased reliance on 9-5 scheduling. More people can do their job from anywhere in the world. Technology is opening the doors for millions of jobs, but it also means job security is no longer guaranteed. Because things like health insurance are tied to employment in the US, this is a problem independent employment benefits need to solve. Changes begets change in the workplace.

Web 3, Sovereignty, and the Future of Work