What is web 3?

Web 3 is the latest generation of internet technology that seeks to revolutionize how we view and use the web. With its focus on decentralization, privacy, and interoperability, permanent storage of files, internet powered applications and services, Web 3 moves away from traditional computing models that are based on monopolies. It creates a new distributed architecture that offers access to everyone at any time. Combined with advanced algorithms and blockchain technology, Web 3 provides users with the ability to securely and seamlessly transact digital assets over a secure platform. This adds unprecedented levels of security while also allowing users to optimize their online experiences. In short, Web 3 stands to bring renewed convenience, accessibility and transparency to online activities.