Web3 is a decentralised, peer-to-peer network that connects users directly with each other, making it possible to share information without the need for third parties like Google or Facebook. This means that businesses and individuals can interact directly without paying fees to a corporation—and in many cases, without requiring any personal data at all.
The implications of Web3 are enormous. For businesses, it means being able to interact with customers directly and provide them with better services at lower costs. For individuals, it means having more control over what information they share and who gets access to it—something that has never before been possible on such a large scale.