RSS3 is set to be a Web 3.0 decentralised information processor

RSS3

The first information distribution technology to find widespread popularity on the internet, Really Simple Syndication (RSS), is prepared to take on Web3 with RSS3, a decentralized information processing platform.

RSS3 outlined intentions for moving its popular internet feed update to Web3 in a technical whitepaper released on Monday. RSS3 would provide each entity with an RSS3 file that would serve as source data and would be updated on a regular basis.

The source data file can then be utilized to create social media, content networks, games, and other data-driven applications by aggregating all of the cyber activity. The source data would be in charge of deciding which information should be made public and which should be kept private.

The Shiba Inu’s $15 billion market valuation excites all crypto enthusiasts across the world. Speculators believe Shiba Inu is poised to thrive once more, similar to its prior success in the fourth quarter of 2021.

On the other hand, despite the fact that the values of several other meme currencies have skyrocketed. Bitcoin (BTC) closed at a multi-week high for the weekly close on February 6, aided by a tranquil weekend.

The US Treasury Department recently published a report on the great art market, highlighting the potential for illicit financial fraud and terror funding using nonfungible tokens (NFTs).

With a US congressional candidate, Twitter (TWTR) co-founder and Block (formerly Square) CEO Jack Dorsey discussed the ramifications of a Bitcoin (BTC)-powered universal basic income (UBI) plan.

Dorsey feels that the BTC foundation has the ability to solve a variety of use cases and challenges that have arisen as a result of the use of fiat currency. The entrepreneur has spent over $55 million in UBI experiments in the United States and abroad through company initiatives such as Start Small.

Dorsey’s Bitcoin-powered UBI experiment will entail establishing a small-scale closed-loop society of sellers and merchants who follow Bitcoin’s rules.

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