The blockchain is a decentralized accounting and bookkeeping system. In contrast to the traditional ledger, blockchain is also known as a distributed ledger. A blockchain can be used for almost any purpose where data must be kept, and people must agree on it. This is not restricted to cryptocurrencies, but this is the most obvious use for most people. It is only the cryptocurrency that has brought blockchain technology to the forefront.
Web 3.0 is seen as the next evolution of the internet. From blockchain to AI, humankind is set to transition into the next phase of the digital revolution via Web 3.0 – the next iteration of the web. You’ve probably heard about Web 3.0 unless you’ve been living under a rock.