What is Web3 and How Will It Change the Internet?

If you feel like you’re just now starting to wrap your head around the concept of cryptocurrency, get ready to expand your syllabus. There’s a whole new internet coming your way, and it’s based on blockchain technology — just like Bitcoin and Ethereum.

See: Metaverse Virtual Real Estate Is Booming: What’s the Appeal? Find: Best Metaverse Coins To Buy for 2022

If you read up on web3, also called Web 3.0, you’ll notice that people use words and phrases like “decentralization,” “digital self-sovereignty” and “user-specific” to describe it — but what does all that mean?

The third iteration of the internet is slowly but surely becoming a reality, so GOBankingRates asked the experts to help make sense of web3 — and predict what the future holds.

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