Web3 and Blockchain: The Next Internet Frontier
Web3 and Blockchain: The Next Internet Frontier Web3 and blockchain promise a more open internet. The idea is simple: people keep control over their data and value, rather than letting a few large platforms manage everything. The technology behind this shift, mainly blockchain, provides a secure, shared ledger. When combined with user friendly apps, it creates decentralized experiences that anyone can use. Blockchain is a public, tamper-evident ledger. Each action is recorded with a timestamp and a cryptographic seal. This makes it harder to alter the past and easier for people to verify ownership, payments, and rules without trusting a middleman. Smart contracts automate agreements and run exactly as programmed, removing the need for a trusted third party in many cases. ...