Web3

Web3 refers to the next evolution of the internet, built on blockchain technology. Unlike the current internet, which relies on centralized platforms (like social media companies), Web3 aims to give users more control over their data and online interactions. It promotes decentralization, allowing for peer-to-peer transactions and reducing dependence on intermediaries. Web3 also enables the creation of decentralized applications (dApps) that operate on blockchain networks, enhancing transparency and security. Overall, Web3 envisions a more democratic digital landscape where users own their content and have more agency online.