In recent years, the cryptocurrency industry has evolved rapidly, and one of the most exciting areas of development is Web3.
This term refers to the third generation of the Internet, where users have greater control over their data and finances, thanks to the decentralization facilitated by technologies such as blockchain.
In the ecosystem of Binance, one of the largest cryptocurrency exchange platforms, the Web3 section is an integral part of this evolution. Moreover, the DeFi (decentralized finance) system plays a crucial role in this movement. Below, I explain in detail what Web3 is within Binance and how it fits within the DeFi ecosystem.