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What Does Web3 Refer To?

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What Does Web3 Refer To?

The web3 is not a simple entity as most of us think. Yet is it not complicated at the same time as we are already familiar with what the internet is.

One way or the other, you have certainly come across the word WEB3, especially if you spend so much time exploring the net. Do not be suprised to know that the WEB is exactly where you spend your time in, but in it’s third generation.

Web 3.0 (Web3) is the world wide web but in its third generational phase. The WEB is the foundational layer for how the internet is used, and how it provides website and application services to make the internet another dimension.

Web3 has advanced to a level of having a discentralised blockchain technology, where we have the crypto-currency ,NFT and a whole lot of other metaverse features!. In my next article, I’ll be talking about NFT. WEB3 is still advancing and being worked on and because of this, there is no prototypical definition for it. In simple terms, it is the third generation of what we know as the WEB.

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Web3 is by far advanced than any other internet Prototype ( WEB 0.1 AND 0.2). It now boasts of having the abilities of features of leading the world to a metaverse destination, a world of discentralised monetary systems and blockchain technology.

Also Web3 is a decentralized internet which is run on blockchain technology to keep your information safe and secure.

You do not want to be left out of knowing what Web3 entails, and as such, we will provide you with tech updates as regards to web3 and the metaverse topics.

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