What Is Web3? A Quick Guide with Examples
Published: July 24, 2025
Web3 is the next generation of the internet, built on decentralization, blockchain technology, and user empowerment. Unlike Web2, where tech giants control data and platforms, Web3 gives users ownership over their digital lives. Here's a quick look at what Web3 is and how it works.
What Makes Web3 Different?
Decentralization: Web3 uses blockchain to store data across distributed networks, not centralized servers, enhancing privacy and security.
Ownership: Users control their data and digital assets, like cryptocurrencies or NFTs, through digital wallets.
Trustless Systems: Smart contracts—self-executing code on blockchains—enable transactions without intermediaries.
Real-World Examples
Ethereum: A blockchain platform where developers build decentralized apps (dApps), like Uniswap, a peer-to-peer crypto exchange.
Decentraland: A virtual world where users buy, develop, and trade digital land using NFTs, all governed by DAO