---
title: "Comment by Anoop on \"Why web3 matters\" | Hashnode"
description: "Blockchain from a Web 3.0 context is not just for sharing monetary incentives - it is the underlying trust mechanism to enable a shared state between the underl"
url: "https://hashnode.com/posts/why-web3-matters/61537495414f78089df3b6ef/comment/615d1095cb42f364a52f764a"
---

[Discussion](https://hashnode.com/posts/why-web3-matters/61537495414f78089df3b6ef)

Comment [Why web3 matters](https://hashnode.com/posts/why-web3-matters/61537495414f78089df3b6ef)

[Anoop](https://hashnode.com/@0xsaint)

[Oct 6, 2021](https://hashnode.com/posts/why-web3-matters/61537495414f78089df3b6ef/comment/615d1095cb42f364a52f764a)

Blockchain from a Web 3.0 context is not just for sharing monetary incentives - it is the underlying trust mechanism to enable a shared state between the underlying nodes. This makes possible the creation of a universal virtual machine like Ethereum.

[Cat McGee](https://hashnode.com/@catmcgee)

[Oct 6, 2021](https://hashnode.com/posts/why-web3-matters/61537495414f78089df3b6ef/comment/615d1095cb42f364a52f764a#reply-615d5d66cb42f364a52f7d57)

This is true! However in my opinion the normal use case of blockchain should be finance - it is incredibly expensive and just unfeasible for most other projects. There are some other purposes, things that have to be highly secure like identification, and I'll probably write a separate article about those soon