What are the potential benefits of Web 3.0?

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Web 3.0 advantages and disadvantages are hard to state confidently because most Web 3.0 components are new or still on the drawing board -- all of them hyped by partisans who tend to leave out the downsides. Nevertheless, here are some of the benefits you can expect from a decentralized web governed by its users:

  • Control and privacy. Users will grab back control of their online identity and data from central providers.

  • Transparency. Web 3.0 will enable better visibility into transactions and decisions.

  • Resilience. Applications delivered on decentralized networks are less vulnerable to single points of failure.

  • Predictive intelligence and personalization. AI- and ML-enabled prediction and personalization will make the web more responsive to users.

  • Decentralized finance. This will provide the ability to conduct transactions, including buying and selling products and services, as well as securing loans, without needing approval from intermediaries.


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