WEB 3 WHAT YOU SHOULD KNOW!!!
Web 3.0 has the potential to be just as disruptive and to usher in a significant paradigm shift as Web 2.0 did. The fundamental ideas of decentralization, openness and increased consumer usefulness form the foundation of Web 3.0. Web 3.0, often known as Web 3, is the next step in the development of the internet.
It is anticipated that Web 3.0 will be!
1. Open - Open-source software will be used to build content platforms.
2. Trustless - Everyone will use Zero Trust, and network protection will reach the edge.
3. Distributed - Interaction between devices, users, and services will be possible without a centralized authority's approval.
Blockchain te6chnology will make it possible for users to communicate directly with one another throughout the next stage of the internet. Users will communicate by becoming a part of a Decentralized Autonomous Organization (DAO), a group that is run and owned by its community.
The following are further Web 3 forecasts:
1. All transactions will be tracked on a distributed ledger that uses a technology, and data transfers will be decentralized.
2. Smart contracts that are open to everyone will relieve people of the need to rely on a centralized organization (like a bank) to maintain data integrity.
3. The entertainment sector will significantly increase its revenue from the metaverse.
4. It will make it possible for consumers to instantly produce digital goods and non-fungible tokens (NFTs), which will protect intellectual property and personally identifiable information (PII).
Follow, like and Comment!
$BTC $ETH $BNB
