Web 3.0 is the 3rd generation of web technologies. Simply put, it is the third evolution of the internet. Web3 includes an array of technologies with an emphasis on blockchain-based technologies and decentralized applications. IoT – which is a humongous phenomenon on its own right – is also an important part of Web3.
As per GlobeNewswire, the web 3.0 blockchain industry will be worth more than $87 billion by 2030. As a consequence, more and more businesses are flocking toward the trend and becoming web3-ready.
In this blog post, we will discuss a detailed answer to the question; What is Web 3.0? We will also discuss technologies that form the Web3 ecosystem, major applications of web3, how to do mobile app development with Web 3, and more.
Know more about the application of IoT in mobile development.
