Web3 is the next generation of the internet, powered by blockchain and decentralized technologies. This article explains what Web3 is and how it differs from the current internet model (Web2).
What Is Web3?: Define Web3 as a decentralized version of the internet, where users control their data and digital identities, and applications run on blockchain networks.
Key Features of Web3: Explain the principles of decentralization, privacy, and user control, contrasting them with Web2’s reliance on centralized services like Google and Facebook.
Why Web3 Matters: Discuss how Web3 could revolutionize industries by giving users ownership over their data, enabling decentralized finance (DeFi), and supporting creator economies with NFTs.