Web3, Blockchain and the Future of the Web
Web3, Blockchain and the Future of the Web Web3 is not one product. It is a set of ideas that aim to make the web more open and user-focused. Blockchain and related technologies help run apps on shared networks, rather than on a single company server. This can give people more control over their data, money, and online identity. What Web3 changes about the web Web3 shifts emphasis from centralized platforms to open, transparent networks. It can improve data portability, reduce lock-in, and encourage collaboration. Codes and rules are embedded in smart contracts, so certain actions happen automatically when conditions are met. This can cut costs and speed up small, trusted agreements. ...