might web3 not work

Database System Concepts
7th Edition
ISBN:9780078022159
Author:Abraham Silberschatz Professor, Henry F. Korth, S. Sudarshan
Publisher:Abraham Silberschatz Professor, Henry F. Korth, S. Sudarshan
Chapter1: Introduction
Section: Chapter Questions
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why might web3 not work?

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Step 1

 

Web3 -

Web3 is also called as Web Three or Web 3.0 we can call Web3 as third generation of the internet world. It is not released till now. It uses blockchain , NFTs for giving users power back as ownership. 

It is a new better form of internet that gives the users more power and control instead of giving the power and control to the big tech companies.

Advantages of Web3 -

  1. Gives better security
  2. Freedom of interaction to users
  3. More access to data
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