Blockchain for Web 3.0: The Technology Redefining the Internet

Abstract

Technology is in the hands of Tech-Giants whether it’s you ordering your daily needs from applications or using enterprises solutions for growing your business companies like Google, Microsoft, Meta, Amazon, Zomato etc. have set their monopolies in the market by using data. They have created a cycle by using this data for forging ads on our faces. This is all happening because we use Traditional architecture which Client-Server architecture (Centralized architecture) where we clients use resources of the server (Organizations) instead of which they charge for some platform fee and if its free it comes on the cost of our privacy. We surf web for getting even smallest information such as reaching to a location, gift ideas, educational content, entertainment content etc. and all this gets stored to a server located somewhere miles away from you without you having any idea. To stop all this, we have to start decentralizing things for which we can use Blockchain which act as a distributed data storage system where data is divided between the users who use that data and no involvement of any server or organization. This decentralized implementation in browsing is called Web 3.0 where information is shared between users without any involvement of browser engines.