Tag: decentralization

What is Web3

Web3 is a term used to describe the next generation of web technology, which is based on decentralized applications (dApps) and blockchain technology. It is a platform that allows users to interact with digital assets, such as cryptocurrencies, without the need for a third-party intermediary. Web3 is also known as the “decentralized web” and is seen as a way to make the internet more secure, private, and resilient.