What Is Web3 (Web 3.0)?
"Web 3 also referred to as Web 3.0, is an idea for a new replica of the World Wide Web which assimilates conception such as decentralization, blockchain technologies, and token-based economics.
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🕒 6:32 PM
📅 Aug 11, 2025
✍️ By kihole
In 2014 while working on Ethereum, Gavin Wood introduced the term "Web3" to describe the future for the internet's next Era, accentuating decentralization and blockchain technology. The concept gained significant traction and broader awareness in the tech and cryptocurrency communities around 2021.
Web 3.0 aims to shift control from large platforms to users, empowering them with ownership of their data and digital assets. Web 3.0 is the next generation of the internet, aiming to be more decentralized, open, and user-centric than the current Web2.
Features of web 3.0
1. Decentralisation and Finance (Defi)
Shifting power away from centralized platforms to users, fostering a more democratic internet. Defi enables users to engage in financial transactions without intermediaries like banks.
2. User ownership
This enables users to control and own their data, digital assets and online identity. Web3 users are expected to have greater control over their data and online identities. They can choose what information to share, with whom, and for how long.
3. Semantic web
A proposed development of the World Wide Web in which data in web pages is structured and tagged in such a way that it can be read directly by computers.
4. Artificial intelligence (AI)
In the context of Web3, AI (Artificial Intelligence) refers to the integration of AI technologies into decentralized systems, leveraging blockchain's transparency and security to enhance AI applications
AI plays a crucial role in processing the vast amounts of data available on the web.
5. Connectivity and Ubiquity
In Web 3.0, connectivity and ubiquity means that internet is accessible from anywhere, at any given time, and on any device, this enhances a more interconnected and inclusive digital experience. Web 3.0 ensures seamless connectivity among users and devices involved in the ecosystem while staying available all the time.
These features among more others, combine to create a more intelligent, personalized, and user-centric internet experience in Web 3.0.
To summit it all up, according to GEORGIA WESTON on The 101 BLOCKCHAINS, "The distinct features of web 3.0 paint it as a revolutionary paradigm shift in how we use the internet. An outline of the top web 3.0 features reflects the significant improvements web3 brings over its predecessor."