Web3 (or Web 3.0) will revolutionize the way we use the internet by incorporating decentralization via blockchain technology. Some believe it will change the internet the way bitcoin (BTC) and other cryptos have altered the financial paradigm. Web1 allowed you to consume internet content, but little else. Internet websites were static and non-interactive; you could merely send simple one-way messages or emails. Web3 is a decentralized version of the internet that allows users to own their own data.

Source: The Nation June 28, 2023 02:05 UTC