Let's learn and grow together Kubers. Today, we are going to look at how Web3 works and some of the benefits/advantages.

12 Jul 2023, 13:01

Let's learn and grow together Kubers. 📚 Today, we are going to look at how Web3 works and some of the benefits/advantages. How does Web3 work? Web3 works by combining the decentralization of Web 1.0 with the interactiveness of Web 2.0 in a user-friendly interface. Ideally, it gives individual users more control over their online experience and increased security through blockchain technology (the decentralized transaction ledger that stores data in blocks that all users can see). Web 2.0 forces you to rely on the technology and security of big tech companies. Web3 puts the control in your hands—and the hands of all other users. Users contributing to Web3 can receive tokens in exchange for participating in the development. Advantages of Web3 Many of Web3's advantages stem from its decentralized structure, which shifts control of the internet from big tech companies to those who use it. For example, internet users on Web 2.0 users must log in to social networks to access, share, or interact with a lot of content. The platform ultimately controls who can join and how they interact with others. It can remove users or limit what they can do on the platform. Web3 gives this control to the community, which can then self-govern the content and the people sharing it. Here are more benefits of a decentralized internet, Interaction Users should have more opportunities to interact with content and other users in Web3 and experience higher levels of engagement than they do with Web 2.0 and 1.0 websites and platforms. Ownership Web3 users are more than content consumers. They are owners of the community who receive incentives for participation instead of being asked to trade their personal data to access platforms. Permissions All network users have access to the network's data and permission to use the service. Privacy In Web3, your identity attaches to your digital wallet. What you do online is open to the public, but you can keep your identity a secret. Speed The use of artificial intelligence, machine learning, and smart contracts via the blockchain makes it possible to get more relevant data to end users in less time. Create a new economy using the leading blockchain payment platform (KubePay) that integrates the future of payments into your business. Be part of the future economy system based on the web3.0 by selling your products and services to more than 140M users. Welcome to Blockchain Technology.