Today, the term web 3.0 is been heard on almost all tech platform and this keeps some newbies wondering, hmmmm!
In this article we will be highlighting the main difference between web 2.0 and web 3.0.
Web 2.0 refers to a version of the internet dominated by companies that offer services in exchange for users' personal data. These companies act as central bodies who own services causing users to trust them with their data before being able to consume these services. This means that data and services are centralized and owned by the big companies that provide these service who can temper with data as they want.
Web 3.0 comes in to solve this problem of centralization of data by implementing a blockchain where data is decentralized. Here, applications are collectively owned by multiple people and no individual has the power to change data (or a transaction) on the blockchain.