The transition from Web 2.0 to Web 3.0 marks a significant shift in internet technology. While Web 2.0 focused on centralized data storage and control by big companies like Facebook and Google, Web 3.0 embraces decentralization through blockchain technology. This shift empowers users to own and control their data, enhancing privacy and security. Web 3.0 applications, built on distributed networks, eliminate the need for intermediaries, unlike Web 2.0 services. The use of smart contracts in Web 3.0 ensures automated transactions without intermediaries, enhancing security and transparency. By dispersing data across a blockchain network, Web 3.0 reduces the risk of cyberattacks compared to the centralized servers of Web 2.0. This evolution towards decentralization and user ownership signifies a paradigm shift towards a more secure and user-centric digital ecosystem. Read more AI-generated news on: https://app.chaingpt.org/news