.webp)[source](https://pixabay.com/illustrations/blockchain-network-binary-manhattan-3866139/)
Introduction
The world is constantly envolving and steadily we are moving into a dawn of digital age for all despite where you are and this begins with the internet and truly web 4.0 is seemingly the next leap of evolution for internet with the way things are going it wouldn't be hard to guess upon such a reality and the web 4.0 would certainly leverage artificial intelligence and other decentralized system to ensure that both users and other digital ecosystem are involved in a seamless interaction.
Now with in an attempt to harness decentralized system to create a new evolutionary leap in the internet with web 4.0 that is steadily where blockchain and cryptocurrencies comes as there couldn't be a more decentralized system than blockchain network making blockchain to play a major role in the internet next evolutionary leap of development as cryptocurrency usefulness exceeds or goes beyond just facilitating exchange but it ensures but trust, fairness and it also guarantees transparency and decentralization and this is really why cryptocurrency is important and plays a pivotal role to web 4.0 as this are all the important features of the the evolutionary web 4.0.
Yes the system is one that hopes to achieve both decentralization, trust, transparency accountability and fairness which is something that blockchain easily affords making it play a major role in web 4.0 with blockchain acting as a decentralized system and integrations of artificial intelligence it helps to achieve a much stable platform and the role of cryptocurrency really goes beyond finance, in truth the the part of cryptocurrency in revolutionizing finance is beyond any doubt but apart from that it also provides the technological platform for what the future internet hopes to achieve which is autonomy and user eccentric models. I will explain further in this my article how cryptocurrency plays multiple roles in web 4.0.
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> **Decentralized Finance (DeFi) in Web 4.0**
Decentralized finance is one of the major role of cryptocurrency to web 4.0 infact it stands as one of it's most important usecase to web 4.0 because cryptocurrency ensures that financial transactions are done with trust as there is no intermediary so it creates transparency and accountability and a trustless system as well as gives full financial access to users. So with cryptocurrency it becomes easier to enjoy full financial inclusion in web 4.0 as it leverages the full decentralized system of cryptocurrency which means invariably users can invest at will, they could borrow or lend and they do this without having to resort to the traditional way of doing it and this is truly attainable by cryptocurrency.
Yes for a fact investing and any other financial services becomes easier to attain with defi a defining role of cryptocurrency to web 4.0 and the transactions made is secured thanks to the robust nature of blockchain and it also enables interoperability meaning seamless interaction between the various interconnected ecosystem of web 4.0 would be easier since that's one of the great capabilities of defi and this is something that web 4.0 could leverage on helping it achieve its intended purpose of unified digital experience which can't be possible with cryptocurrency.
Interoperability between interconnected platforms and decentralized finance is one of such role of cryptocurrency to web 4.0 and as it is not just that cryptocurrency could also enable micro transactions and programmable money. Honestly the vision of web 4.0 and the nature of it's economic model means it stands to benefit greatly from the micro transactions made possible by cryptocurrency, with micro transactions and programmable money users easily make payments for internet services they wish to enjoy and it makes it easier for a new opportunity in the digital space unlocking opportunity for those in the gig economy and other viable contents consumption all made possible by cryptocurrency.
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> **Digital Identity and Privacy Enhancement**
This is another important place where we could easily how important cryptocurrency is to web 4.0 that is the fact that digital identity and privacy enhancement is really a major core features of web 4.0 yes it seeks to provide digital autonomy now because of this desire it becomes rather imperative for their to be a digital identity management and honestly ofcourse we know when it comes to digital identity management there could no other system able to offer robust solutions for decentralized identity systems than blockchain with it's robust nature so that makes cryptocurrency to play a big role to web 4.0.
Truly cryptocurrency provides decentralized identity solutions and we might begin to wonder how does it do this? Well this it, it achieves this by providing mechanism that ensured for a proper management of identities, what mechanism is that we might wonder? Well it is a secure and temper proof mechanism enabling every user in the internet to own and control their own data which is very rare at this age but with decentralized solutions cryptocurrency provides it helps ensure users can own, manage and share their own data at will which is one of the role of cryptocurrency in web 4.0.
And truly with this approach made possible by cryptocurrency it helps to ensure that there is less breaches in the new evolutionary leap of the internet ensuring less vulnerabilities and less dependence on centralized entities we have today and it potentially helps to ensure privacy, yes web 4.0 do not only wish to provide individual autonomy but it also seeks to protect users autonomy and this cryptocurrency provides a solution to with cryptocurrencies that has a much advanced techniques intended to safeguard user data, yes we have cryptocurrencies that has this advanced features focused majorly on privacy like Zcash and Monero. This is another cryptocurrency ensures individual autonomy is protected.
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.webp)[source](https://pixabay.com/illustrations/monitor-binary-binary-system-1307227/)
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Asset tokenization and community empowerment as part of the roles of cryptocurrency in web 4.0 |
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> **Tokenization of Assets**
Asset tokenization is another role that cryptocurrencies play potentially in web 4.0, with a process whereby it's possible for any asset in the real world whatsoever to be transformed or converted to a real blockchain based asset it is really something that shapes the future of the new internet and ofcourse the evolution of the new internet the web 4.0 depends on the cryptocurrency innovative abilities allowing users have fractal ownership.
What this means invariably is that any high number of high value asset like real estate or any intellectual property of such or arts could be tokenized, yes physical high value assets could be converted to blockchain based tokens and this truly is something of a game changer to web 4.0 and truly this is not only a game changer to web 4.0 but it truly democratize everything we know about investment and truly things are such as investment are democratized in that there is no market at all, none whatsoever that the individual can't participate in, no market at all would be unavailable to any in the new ethos of the internet truly that is how or the integral role cryptocurrency plays in web 4.0.
And with the help of cryptocurrency it offers increase liquidity as the asset that is the physical assets which are now tokenized be it real estate or intellectual property are easily available to be traded on the market not just any market but decentralized market place which offers much liquidity to levels never seen before when compared to the traditional market counterpart and this all is in great harmony with the goal of web 4.0 which seems to create and economic ecosystem which is dynamic and accessible.
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> **Governance and Community Empowerment**
Governance and community empowerment is one of the goals of web 4.0 infact it's one of the main priority, it strives to focus on platforms that are driven by its community while ensuring that other decentralized governance models are enabled which is what web 4.0 hopes to achieve and only cryptocurrency could facilitate the creations of these decentralized autonomous organization.
Yes this model help to ensure trust, transparency and accountability is ensured by any number of community driven platforms well our very own steemit is a good example of community driven platforms which ofcourse is built on the steemit blockchain this this should help us know for a fact cryptocurrency ability to create this platforms making it possible for web 4.0 to have high number of active participants enabled by the incentives put in place by cryptocurrency.
With cryptocurrency, web 4.0 goal of decentralized autonomous organization becomes achievable and it becomes quiet easier and everything such as platform development and incentivized participation becomes possible with blockchain platforms also helping to reducing censorship and truly enabling no centralized authority could control this communities making it truly decentralized, so web 4.0 goal of DAO is only possible with cryptocurrency which has already shown great abilities to have such communities make it easier to play that role for web 4.0.
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[source](https://pixabay.com/illustrations/digitization-circuit-board-hand-6892340/)
Conclusion
I hope with this article of mine I have been able to help truly enlighten the role cryptocurrency plays on web 4.0, for a fact cryptocurrency help provides web 4.0 with decentralized finance which is a game changer and digital identity and privacy enhancement made easier for web 4.0 by cryptocurrency with the additional role of asset tokenization that cryptocurrency could provide and governance and community empowerment which cryptocurrency could help web 4.0 truly achieve with a number of decentralized autonomous organization (DAO's).
