#Vaulta

Web 3.0 is a potential future version of the internet that relies on public blockchain networks. It is a system used for record-keeping and is known for its ability to process cryptocurrency transactions.

The appeal of Web 3.0 lies in its decentralization, meaning that instead of consumers accessing the internet through services mediated by companies like Google, Apple, or Facebook, individuals themselves own and manage parts of the internet.

Using Web 3.0 does not require 'any permissions', which means that central authorities cannot control who can access services, and it does not require 'trust', meaning that no intermediary is necessary to conduct virtual transactions between two or more parties. Given that most agencies and intermediaries collect data, Web 3.0 better protects users' privacy.

In addition to the above, decentralized finance (DeFi) is one of the components of Web 3.0 that is gaining strong support, as this emerging sector allows for the execution of real-world financial transactions through blockchain networks without the assistance of banks or governments.

In this article, we will explore how the web has evolved and why everyone is talking about Web 3.0, in addition to the uses of Web 3.0 and its importance in the cryptocurrency industry.