Web3 and Blockchain: Beyond Bitcoin to Real-World Apps
Web3 and Blockchain: Beyond Bitcoin to Real-World Apps Web3 and blockchain are often linked to Bitcoin, but the technology behind them is much broader. Web3 aims to give users more control, transparency, and automation through open networks and programmable contracts. When people can verify information without a trusted middleman, new services emerge that are faster, cheaper, and more resilient. Real-world use cases show how this works. In supply chains, a product’s journey from factory to store can be recorded on a shared ledger. Each step is time-stamped and difficult to alter, helping brands prove authenticity and reduce fraud. Digital identity lets you prove who you are without revealing unnecessary data, putting you back in control. Decentralized finance, or DeFi, enables lending, saving, and payments across borders with fewer middlemen. Asset tokenization turns real assets like real estate or art into digital shares, opening access to more people. ...