What is Web3 and Why Should You Care?

What is Web3 and Why Should You Care?

Web 3 is not a new concept, but it is becoming more popular as interest in cryptocurrencies, NFTs, and the “metaverse” grows. Web 3.0, the subsequent iteration of the internet, will use Artificial Intelligence (AI), Machine Learning, and Decentralized Ledger Technologies (DLT) to act as websites, technologies, and applications with capabilities akin to those of humans. Gavin Wood, the founder of Etherium, invented the term “web3,” and major tech firms began to show interest in the concept in 2021.
Will Web3 become the new norm?
The best-case scenario for Web3 supporters, in the opinion of experts, would be for the technology to coexist with Web 2.0 rather than fully replace it.
Internet users will have more control over their data and privacy under this system because of innovations like blockchain encryption. Web3 guarantees that you own your data, assets, and digital identities while also combining the advantages of data policy. The present Web 2, especially when the governme

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