Web3 is the latest version of the Internet. Here people have full ownership of their content, data, and assets.

• Web1 stands for read-only.

• Web2 stands for read and write only.

• Web3 stand for read, write and own.

Web1 starts in the late 1980s. Here users can only search in search engines and view the specific result. Users can not give feedback or anything else. A great example of web3 is yahoo.com.

Web2 refers to the internet we are using in starting the 2000s and the present. The main concern of the web2 is privacy. Here a middleman (a company or government) is active who controls the data we use.

Web3 is the newest version of today’s internet. It solves web2’s privacy problem. Here users have full ownership of their data, content, and assets—no middleman is needed in Web3.

Blockchain is a public list of records. It stores information in batches called blocks. These blocks are linked together to form a continuous line. So, a chain of blocks is called Blockchain. Each blockchain is like a page in a record book.

• Blockchain is not a Cryptocurrency.

• Blockchain is not a programming language.

• Blockchain is not a cryptographic codification.

• Blockchain is not an AI or ML technology.

• Blockchain is not a python library or framework.

It works as an immutable record of the transaction that does not require relying on external authorities like banks, governments, or large corporations to validate the authenticity and integrity of the data. Blockchain is a public database of information which means no central body or single entity control managing and controlling the database and does wrong work. Millions of users on the internet helo manage and maintain the records. These changes will create an open and accessible community of developers and executed in the full of view of the world.