Table of ContentsAbstract – What is Web3? Introduction ProblemsAuthenticity and Privacy of Data:Ice-Phishing and wallet theft:API query security risks:Smart contract hacks:Network failure and data loss:SolutionsDecentralized Identifier protocolHardware wallets and Multi-factor AuthenticationParameterized QueriesCode AuditRedundant network StructureConclusionAbstract – What is Web3?Web1 – The Inception of the Internet on January 1, 1983, introduced a new model of communication called Internetw...