Tag: ethereum

Now we arrive at Web 3.0. This modern iteration of the Internet transitions from read-only to read-write Web to a read-write-own format.

Musicians and developers who have invested in web3 believe that blockchain, cryptocurrencies, and NFTs will render middlemen who exist solely to facilitate transactions obsolete.

Decentralized finance architecture (DeFi) has the potential to create an interoperable financial system with unprecedented transparency and little reliance on third parties.

The fact that person A and person B, who neither know nor trust each other, can make a value transaction without a trusted middleman is possible using blockchain protocol or smart contract.

NFTs are one-of-a-kind assets that prove digital ownership of something associated with the token. This can be an image, an audio track, a video, or a domain name, among other things.