Web 3.0 is the third generation of the internet that represents a vision of a more decentralized, user-centric, and interconnected digital ecosystem and is the future of internet. Web3 represents the "read/write/own" era of the Internet, where users go beyond merely utilizing tech platforms in exchange for their data. In this phase, users actively engage in governing and operating the protocols themselves, transforming them from customers or products into participants and shareholders.

Some key benefits of Web 3 are as follows: