Web 3.0: A Decentralized Future Empowered by Blockchain
R. Megala, Ms. S. Janani, Rithika S M, S K Shrinaya, Swetha S V · 2023
Web 3.0, marks the third stage in the evolution of the World Wide Web. Its primary aim is to establish a decentralized and all-encompassing system built upon blockchain technology and advancements in the Semantic Web. In this upcoming version of the internet, users will have the capability to maintain ownership of their data, safeguarding their privacy. Consequently, the need for managing separate accounts across various social platforms will become obsolete. Web 3.0 imagines a forthcoming internet that prioritizes decentralization and democracy over the current model. In the future, services won’t be dependent on a single provider or a select group of providers; instead, algorithms will play a key role in hosting websites.