fbpx
Skip to content

Web3

Web3, or Web 3.0, is the next generation of the internet, focusing on decentralization and blockchain technology. It uses cryptocurrencies and smart contracts to distribute data across a network instead of central servers. This new internet model emphasizes user privacy, security, and the creation of decentralized applications (DApps), operating without central authority and promoting interoperability between different services and applications. While promising significant advancements, Web3 is still evolving and faces challenges like scalability and regulation.