Human Development- A Factor of Web3 Growth

The process of human development according to various authors starts from infancy. What comes before infancy? There is a need to give a reference to the starting point called water (Sperm), it did not stop there but rather proceeded to childhood, adolescence, and adulthood. During these stages, the brain develops rapidly. To think of, a series of questions arises: How do I come to being? Who am I? What am I capable of doing? - These and many more are responded to by learning- A relatively permanent change as a result of experience.

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The growth is so significant and noteworthy, that it is continued to be researched at the moment, as there is still so much to study. Growth as a human being involves some of the biggest transformations physically and psychologically, as humans never stop growing and expanding their knowledge of the world around them. This momentous progress has led us to the trending space called web3.

Human Growth and Web3 Space Exploration

Just as “Hello World” has become notable in web programming, web3 is becoming a household word in the crypto space. Web3 is the advanced stage of web2 which focus on cryptography and distributed-ledger technology, Web3 is laying the framework for a user-owned and controlled internet. The Web3 ecosystem is currently undergoing significant growth in terms of community, and funding. The growth of Web3 has been unique by all metrics. But it still has a long way to go before entering the mainstream-adoption phase. What are the problem and the ideal solutions is a genius question that opens the builder’s mind and has kept web3 growing over the years.

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What Has Web3 Brought for Us?

Due to the data residual risk linked to web2, data ownership and privacy become a problem. The below points are listed to showcase the key advantages brought by web3:

•Data Ownership
•Low Intermediaries
•Transparency
•Decentralization
•Uninterrupted Financial Transaction

The Future

Web3 is about blockchain technology and will likely become the standard for security on the web in the future as it creates a new alternative for various issues. The plausible improvements offered by web3 make it easy to develop a golden and solid overview of its future.

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