Web3 puts major companies like Meta out of business and gives every user the right to develop the next big thing together. Decentralization and the combination of humans and machines will be at the heart of the Web3 project.
There is a reason for users & rsquo; passive participation: We are still busy trying to get the biggest portion of the pie. But now, Web3 is in the pipeline. This will change radically. In the coming years, there will be a shift from tech giants who are “bosses” to individuals who take the lead.
When Web3 development is done and if you’re working in the IT, blockchain or crypto space, you’re also working on it, we’re all going to be the boss. Data will be stored in a decentralized way and everyone and everything will be connected. It offers opportunities and has risks at the same time. Think about privacy and risk compliance, smart contract hacks and the carpet pulls. Greater control requires greater responsibility.
Cryptocurrency, NFT, smart contracts and blockchain technology will be essential in the upcoming Web3. Smart contracts are fully digital contracts and will be a leader in a secure and automated online environment. Machine learning, artificial intelligence and the Internet of Things it will also have a seat at the table, so you can imagine what kind of revolution this will have on us as daily users of the internet.