Web3 empowers users by giving them greater control over their data, digital assets, and online interactions. It enables peer-to-peer transactions, eliminates the need for intermediaries, and allows users to retain ownership of their digital identities and assets. Web3 promotes transparency, privacy, and decentralization, putting users in the driver's seat of their online experiences.
Web3 refers to the next generation of the internet, characterized by decentralized technologies and increased user control over data and digital assets. Unlike Web2, which relies on centralized platforms and intermediaries, Web3 utilizes blockchain, smart contracts, and decentralized applications to enable peer-to-peer interactions and ownership of digital assets.