Web 3.0: Marks a new era in Internet

Web 3.0 marks a new era in Internet technology, which can fundamentally change the market. Read on to learn about its features, advantages, and implications. Web3.0 is defined as a decentralized Web architecture that is based on blockchain, artificial intelligence and token-based economics. We can also call it as a read-write-own web as it will allow its users to interact without any intermediaries and provide control over their data. Web3 (also known as Web 3.0) [1][2][3] is an idea for a new iteration of the World Wide Web which incorporates concepts such as decentralization, blockchain technologies, tokenomics, and privacy-enhancing technologies. [4] Web 3.0 envisions a read-write-execute web where applications are decentralized, powered by blockchain, artificial intelligence, and peer-to-peer networks. Users regain ownership of their data, and trust is established without relying on central authorities.