Web3, or Web 3.0 for short, is the latest generation of the Internet that is evolving to create a more decentralized, secure and transparent Internet.
Blockchain
The first application of blockchain is Bitcoin. Blockchain has become the promoter of "decentralized currency Internet" by providing power for cryptocurrency. By providing transparency, accountability, immutability and security, the blockchain soon triggered an influx of more cryptocurrencies. Today, we have more than 10000 different cryptocurrencies in circulation.
A very obvious phenomenon is happening - the meta universe is being praised by more and more people, whether it is a technology giant or a capital giant. At the same time, the blockchain is returning to rationality and objectivity bit by bit. This is a good phenomenon for blockchain.
Blockchain technology is an Internet database technology that is characterized by decentralization, openness and transparency, where everyone can participate in the database records, and it can also be applied in a variety of different fields.
The public chain Polygon has more daily active users than Ether, and its overall market capitalization has exceeded the $10 billion mark, and there are three main reasons behind its current success.
Blockchain technology strings together a silo of information, it's time to say goodbye to cumbersome airport security.
With the emergence of the COVID-19 outbreak across the U.S., news of improvements to the U.S. healthcare system and the ability to treat the disease appeared in the media headlines, and people began to take the initiative to learn more about the new coronavirus on the Internet out of fear of the disease.
In the cryptocurrency world, consensus mechanisms are protocols and algorithms that enable computer networks to work together to ensure network security. 51% of the nodes in the network must agree on the global status of the network in order to reach a consensus.
It is also necessary to understand the benefits that the Internet of Things can bring to companies, so that companies can make wise decisions about whether to use this technology.
Enterprises should consider data privacy and security when considering whether to use a public or private blockchain for storage.