The notion of web 3.0 has changed the way people utilize their computers as they have boldly ventured into an open, safe and customer oriented internet. The current Central Web is being transformed into the new web with higher authority and decentralized ecosystem based on Blockchain technology to ensure user’s full freedom and authority.
A critical element of Web3.0 is decentralized identity (DID)..” This means that users will have some sense of power and more control over their personal data which they decide to share with other applications. They also allow for more privacy than conventional systems that store information in central repositories, making them safe against malicious attacks such as those involving unauthorized access or sharing.
Web 3.0 is greatly dependent on smart contracts, part of the blockchain technology. listade b. k. s. These smart contracts are self-enforcing in that they execute pre-determined rules in order to facilitate trustless transactions among users and service providers. It simplifies online transactions while at the same time decreases dependence on middlemen.
Another key feature that defines Web 3.0 is the emergence of the decentralized applications (dApps). DApp are programs created on blockchain LEDGER systems that offer decentralized censorship resistant and immutable functionality for users. The adoption of a decentralized approach improves security and promotes development among different sectors, such as the financial and entertainment industry.
Web 3.0 is much more than a technology revolution. It’s an ideological change toward a more open and egalitarian internet. With the growing adoption of the decentralized web, the digital environment will witness users becoming more autonomous, private, and influential on the development of the Web. Web 3.0 has come rising with users’ centeredness and resiliency in mind.
