dictionary

Web 3.0

A development phase of the internet, which aims to provide services that enable decentralised decision-making and commerce.

Decentralised decision-making can use Decentralised Autonomous Organisations and trading can use cryptocurrencies or non-fungible tokens, for example, typically authenticated by blockchains. Web 1.0 refers to the early days of the internet, when web pages were read-only, while Web 2.0 to the current development phase of the internet, where interactive web services are mainstream.