Part 7/11:
Despite these promising developments, the question remains: Why prioritize Web 3.0 when Web 2.0 continues to serve consumer needs effectively? Experts highlight that ownership of data and security are the most significant advantages Web 3.0 offers. Built on blockchain, this technology provides users with private keys for data access, fostering a trust-based environment resistant to breaches.
Furthermore, decentralization ensures more robust security, and digital tokens such as NFTs open new avenues for stakeholder engagement and value sharing within projects. This participatory model means users and consumers can have a financial stake in the platforms they use, fostering innovation and loyalty.