FAQ About Web3
What are the possible benefits of Web3?
With Web3, the Internet experience will become more customized to the user.
Using blockchain technology, Web3 aims to displace tech giants by returning full ownership of data to users. Currently, Big Tech companies like Facebook and Amazon store your data and personal information mostly to improve their target marketing. However, many have expressed privacy concerns about this type of one-sided data management and see Web3 as a solution.
Web3, connecting users, Transact and share data privately and without relying on a third party. With Web2, every time you interact with the internet, copies of your data are sent to data servers and you no longer have exclusive ownership of this data.
Users will be more involved in future developments of ecosystems.