# WHAT IS WEB3

By [GAGA](https://paragraph.com/@gaga-5) · 2024-01-13

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Web3 generally refers to the next generation of the internet, focusing on decentralization and blockchain technology. It aims to create a more open, secure, and user-centric web where individuals have greater control over their data and transactions. Blockchain, smart contracts, and decentralized applications (DApps) are key components of the Web3 vision.

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*Originally published on [GAGA](https://paragraph.com/@gaga-5/what-is-web3)*