Web3

Web3 is an idea that the next iteration of internet commerce will be defined by “decentralization” . To be simple, it basically means the economics of the internet will be more evenly distributed (less “middlemen”). One way this is facilitated is by using blockchain technologies.

Web3 Vision (some simple examples)

• Comparing NYC commercial for-hire vehicle insurance costs?
• Lowering your TLC insurance premium?
• Getting “full coverage” insurance for your vehicle?
• Managing an insurance claim or process?

Let’s use an easy to understand illustrative example.