News > Explained: Web3

Explained: Web3

Frontline | 14/04/2022 04:11 PM | Click to read full article

Fans of Web3 technology say it will revolutionize the internet, ushering in a new, decentralized phase of the web run by ordinary people instead of massive platforms like Facebook or Google.

But as the concept has gained fire over the past year, tech giants like- Meta, Spotify, and Microsoft have taken notice — and want in. But first, what exactly is Web3?