Our interest in web 3.0 is driven by our belief in a growing movement in a higher level of decentralized controls, ownership and trustless collaborations online.
The term "Web 3.0" is not new to those who have followed the evolution of the Web. The first versions of Web 2.0, also known as the read-write or Social Web, revolutionised how we interact online. Companies began to create centralized platforms that rely on user-generated content. But as Web 2.0 grew more complex, the concept of Web 3.0 began to emerge. This new generation of Web technology focuses on decentralised APIs and smart contracts.
Blockchain technology is one example of a type of distributed storage that is rapidly emerging in the Internet. By distributing file systems to multiple nodes, blockchain technology paves the way for a more decentralized internet. In the meantime, decentralized storage is another promising technology that's being heralded as the main pillar of Web 3.0. Let's examine how blockchain technology can help organizations and individuals in the storage and sharing of data.
We are looking to improve web 3.0 adoption by making it more approachable through intuitive user experience and reducing the learning curve.