This report provides a comprehensive exploration of Web3 technology use cases across diverse sectors, including gaming, real estate, and supply chain management. Through in-depth analysis, we delve into the potential and challenges of Web3 implementation. We examine its unique capabilities such as peer-to-peer transactions, versatile token creation, and smart contracts. Additionally, we highlight the evolving landscape of Web3 development, addressing both opportunities and obstacles faced in creating decentralized applications (dApps). By combining our preliminary research with practical development, this report offers valuable perspectives for stakeholders looking to leverage Web3 solutions, concluding with recommendations to navigate this dynamic and promising technology effectively.

• This report represents the work of one or more WPI undergraduate students submitted to the faculty as evidence of completion of a degree requirement. WPI routinely publishes these reports on its website without editorial or peer review.

Creator

• Robinson, Kody
• Byrnes, Jacob
• Gatti, Michael
• Zhou, Eric
• Lynch, Jack

Subject

• Project-Based Learning
• Innovation
• Computing

Publisher

• Worcester Polytechnic Institute

Identifier

• E-project-030124-145333
• 118136

Palavra-chave

• Smart Contract
• Blockchain
• Web3
• NFT

Advisor

• Wills, Craig E.

Year

• 2024

UN Sustainable Development Goals

• 9 - Industry, Innovation and Infrastructure

Date created

• 2024-03-01

Resource type

• Major Qualifying Project

Major

• Computer Science

Source

• E-project-030124-145333

Rights statement

• In Copyright

Última modificação

• 2024-04-22