One of the biggest benefits is the absence of a single central point in Web 3.0, which we expect to create a "digital economy" on a global scale by creating new business models and different markets. When we look at 5 different Web3.0 advantages: Decentralized Applications (DApp); They are applications that make it possible for the user to have their data with decentralization. Decentralized Finance (DeFi) has emerged to go beyond the boundaries of traditional central banking and make financial transactions within Web3.0 technology without the need for any institution. There will be minimal service interruption as there is no single point of failure. In this technology, data is fully encrypted, protocol rules are not broken with smart contracts. Creators are marked as permanent owners of their content in the public ledger.#GateLive #Gateio #wep3
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Advantages of Web 3.0
One of the biggest benefits is the absence of a single central point in Web 3.0, which we expect to create a "digital economy" on a global scale by creating new business models and different markets. When we look at 5 different Web3.0 advantages:
Decentralized Applications (DApp); They are applications that make it possible for the user to have their data with decentralization.
Decentralized Finance (DeFi) has emerged to go beyond the boundaries of traditional central banking and make financial transactions within Web3.0 technology without the need for any institution.
There will be minimal service interruption as there is no single point of failure.
In this technology, data is fully encrypted, protocol rules are not broken with smart contracts.
Creators are marked as permanent owners of their content in the public ledger.#GateLive #Gateio #wep3