Web3 Technologies represent a shift away from the traditional client-server architecture of the internet towards a decentralized and peer-to-peer network. This is made possible by the use of blockchain, a distributed ledger technology that enables secure and transparent transactions without the need for intermediaries.
Blockchain provides a tamper-proof and immutable record of transactions, which makes it ideal for recording and tracking ownership of digital assets such as cryptocurrencies, NFTs, and other types of tokens. By using blockchain technology, Web3 Technologies enable the creation of decentralized applications (DApps), which run on a distributed network of computers, rather than on a centralized server.
