#crypto #BinanceWeb3Wallet #etf

What is Web3?

Web3 is the next generation of Internet technology that heavily relies on machine learning, artificial intelligence (AI), and blockchain technology. The term was created by Gavin Wood, Polkadot's founder and the co-founder of Ethereum. While Web 2.0 focuses on user-created content hosted on centralized websites, Web3 will give users more control of their online data.

The movement aims to create open, connected, intelligent websites and web apps with an improved machine-based understanding of data. Decentralization and digital economies also play an important role in Web3, as they allow us to place value on the content created on the net. It's also important to understand that Web3 is a changing concept. There is no single definition, and its exact meaning can differ from person to person.