Web3.0: A New Age of the Internet
Although today, just a concept of ideas, Web3.0 aims to provide a better version of the web. A transformation of the internet using Blockchain technology, where the internet is owned by the builders and users.
Following the ideals and qualities of Blockchain technology, Web3.0 strives to provide a decentralized web which is private and secure. A web that is censorship-resistant, where information travels freely and people can connect and transfer value without boundaries.
Today, Web2.0 is at its peak in terms of centralization. The internet is run by the big tech companies such as Google, Amazon, Facebook, and Apple. While they are turning in billions of dollars of profit selling customers data, the users are paying with their privacy. Additionally, these companies are data monitoring, censoring information and banning users who go against the mainstream narrative.
Comparing Web1.0, Web2.0 and Web3.0
The continual evolution of the internet is taking place. Blockchain technology intends to play a pivotal role in the future of the internet, returning full control of privacy, data, identity, and value back to the users.
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