28/03/2024
https://www.facebook.com/100066636349509/posts/746240137607191/?mibextid=I4yVpOFgxaOEidVT
Understanding Web3 a little lesson hopefully easy to understand:
Web3, or the decentralized web, represents a new phase in the evolution of the internet. Unlike the current web (Web2), which is centralized and largely controlled by big tech companies, Web3 aims to decentralize control and empower users.
Built on blockchain technology, Web3 enables peer-to-peer interactions without intermediaries. It offers users control over their data and promotes transparency and privacy. Cryptocurrencies, decentralized applications (dApps), and smart contracts are part of this new web era.
Next i will talk IoT and then the convergence of Web3 and IoT hopefully in easy to understand format!