Web3

Web3 is a new paradigm for the internet that embraces decentralization and blockchain technology to empower users with greater control over their data and interactions. Unlike the centralized Web2 model dominated by large corporations, Web3 offers:

1. User Ownership:
   Users own their data and digital identities, reducing reliance on centralized intermediaries.

2. Direct Access:
   Through decentralized apps (dApps), users access services like finance, gaming, and social media directly via blockchain.

3. Smart Contracts:
   Automated contracts execute transactions or processes securely and transparently without the need for intermediaries.

This shift fosters a more inclusive, transparent, and resilient internet, where participants are stakeholders rather than consumers, enabling a broader, trustless digital economy.