What is Web3 and why care? Web3 is not only a new foundational layer of the world wide web, it is a fundamentally new approach to corporate governance, value creation and stakeholder participation with pari passu interests.
Web3 might decentralize big tech's dominance of the internet and its control over personal data. Know more about web3 - the third iteration of the web.
Web3 is a “decentralized web ecosystem” in which users retain their data. Blockchain-based, it would usher in the era of the “token economy”, say experts.