Posts

Showing posts from October, 2022

Web 3.0 "The coming future".

Image
WEB 3.0  is an idea for a new iteration of the world wide web   which incorporates concepts such as decentralization and Blockchain technology  and tokens based economics                      .   Some technologists and journalists have contrasted it with WEB 2.0  where in they say data and content are centralized in a small group of companies sometimes referred to as " BiG tech ".  The term "Web 3.0" was coined in 2014 by   Etherium   co-founder   Gavin wood,  and the idea gained interest in 2021 from   cryptocurrency  enthusiasts, large technology companies, and venture   capital  firms. Some commentators argue that Web3 will provide increased data security, scalability, and privacy for users and combat the influence of large technology companies.  Others have raised concerns about the decentralized web component of Web3,...