What is Web3

Web 3.0 (Web3) is the third generation of the evolution of web technologies. The web, also known as the World Wide Web is the foundational layer for how the internet is used, providing website and application services.

Web 3.0 is still evolving and being defined, and as such, there isn’t a universally accepted definition. Web 3.0 will have a strong emphasis on decentralized applications and make extensive use of blockchain based technologies. Web 3.0 will also make use of machine learning and artificial intelligence (AI) to help empower more intelligent and adaptive applications.

Examples of Web3 companies, platforms and networks

Popular Web3 networks include Ethereum, Solana, Polygon and Cosmos. Some popular Web3 platforms include OpenSea, Coinbase, Ledger and MetaMask. Many of these networks and platforms sell NFTs or cryptocurrencies like Bitcoin.

David

My name is Dawit Uta (David). I am Computer Science Professional. I am interested on research & project work, website designing and development, teaching of any programming languages at any level, helping and encouraging the students, tutoring, consulting about tech. My research areas are Artificial Intelligence (AI), Machine Learning (ML), Deep Learning (DL), Internet of Things (IoT), Data Science and BigData Technologies.