Web3 is the next generation of the internet that aims to create a more decentralized and secure web environment.
Web3 uses blockchain technology and decentralized protocols to enable user-to-peer interactions.
Smart contracts allow for the creation of decentralized applications that could run on a blockchain network without needing a central authority to manage them.
Web3 emphasizes privacy and security, shifting control of user data back to individuals through encryption and decentralized storage.
Web3 can empower individuals and create a more equitable and transparent digital ecosystem focusing on ownership, privacy, and security