Web3 is a concept that describes a new evolution of the Internet, aiming to create a more decentralized, open, and interactive network. In Web3, the focus is on technologies like blockchain, smart contracts, and cryptocurrencies that enable users not only to consume content or interact within the network but also to be more active participants in this network.
One of the key aspects of Web3 is a shift in data management: instead of centralized servers where data is stored by a single organization or company, there's a move towards decentralized networks where data is distributed and governed by various participants.
This opens up new possibilities for greater privacy, security, and control over one's own data for every user. It also creates a platform for new types of applications and services based on decentralized Internet architecture.
