Jul 13 • 30M

Building the Infrastructure of Web3.0.

Explaining Handshake and $HNS Economics

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Appears in this episode

Lisa JY Tan
We talk about the design of economic systems. This could be video game simulated economy or real business world like frequent flyer points system or blockchain based token economy.
Episode details

Handshake (HNS) is a decentralised, permissionless naming protocol in which peers authenticate and manage the root DNS naming zone to create an alternative to Existing naming systems and certification bodies.  

Handshake is a domain name system which Web3 supports. Web3 is about rearranging existing Internet products and services to benefit people rather than entities.   

The data will still be used to drive decision-making but will not be used against consumers. Data rights will be protected instead of being trampled for profit. Incentive and marketable mechanisms will help ensure that information is reliable and verifiable.  

If Web3 is successful, it will positively affect projects solving related issues, including  Handshake.  

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