Web3 represents the next evolution of the internet, promising a decentralized, user-centric ecosystem where individuals have greater control over their data, identity, and digital interactions.
At the heart of Web3 are blockchain technology and decentralized protocols, which enable peer-to-peer transactions, smart contracts, and decentralized applications (dApps). These technologies eliminate the need for intermediaries, reducing censorship, increasing security, and promoting autonomy.
In the realm of finance, Web3 is revolutionizing the way we transact, borrow, lend, and invest. Decentralized finance (DeFi) platforms offer a range of financial services without traditional banks or intermediaries, providing greater accessibility and inclusivity to individuals worldwide.
Moreover, Web3 extends beyond finance, impacting industries such as healthcare, education, gaming, and more. Decentralized autonomous organizations (DAOs) empower communities to govern themselves and make collective decisions without centralized authority.
Chapter 01: What is Web3?
Web3 represents the next evolution of the internet, promising a decentralized, user-centric ecosystem where individuals have greater control over their data, identity, and digital interactions.
Through a series of interactive chapters, AXIR knowledge centre will show you what web3 is, why it’s important to you, and how to use AXIR Wallet along the way. We want to share our enthusiasm for the web3 of today, and empower you to build, explore, and participate in the world of tomorrow.