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Web 3, also known as the decentralized web, is a vision of the internet that aims to create a more open, transparent, and decentralized network where individuals can have more control over their data and online interactions.
Once data is recorded on the blockchain, it cannot be altered or deleted, ensuring that the integrity of the data is preserved and preventing any fraudulent activity.
Blockchain is a decentralized technology that allows for the creation of a distributed ledger, where transactions are verified and recorded by a network of nodes without the need for a central authority.
The blockchain ledger is transparent, meaning that every participant in the network can view all the transactions and activities that have taken place on the blockchain.
The blockchain is secured through cryptographic algorithms, which ensure that transactions are authenticated, verified, and processed in a secure manner.