Web 3.0 Use Cases & Application

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Use Cases Of
Web 3.0
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Real Time Use Cases of Web 3.0
The growth of the Internet over the years is an
astonishing phenomenon, specifically when you
look at the milestones. Web 1.0, the first
iteration of the Internet provided the ground for
building some prominent web assets and platforms.
Whereas in Web 2.0, closed protocols established
Centralization while outperforming open protocols
in terms of capabilities. Next comes the hot
topic, Web 3 - The decentralized web is the next
iteration of the Internet and the evolution of
Web 1 and Web 2.
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What is Web3?
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• This is the third stage in the evolution of the
  Internet and it provides decentralized networks
  in order to provide a faster user experience with
  personalization. Some remarkable technologies
  underlying Web3 development include the Semantic
  web, artificial intelligence, and machine
  learning.

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To explain to you better, here I will list down
some notable traits of Web3

• Web3 includes open-source software with easy
  accessibility
• In Web3 networks, providers and users don't need
  any permission from centralized controlling
  organizations
• Users can interact privately and in public
  without any intermediaries.
• Another key benefit is Ubiquity, which ensures
  Internet availability irrespective of time,
  location, and device.

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Top Web3 Use cases

• Now we will see some use cases of Web3 to
  understand how the concept supports innumerable
  applications.

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Gaming Sector

• Web3 games represent the highly advanced version
  of blockchain games such as NFT, play-to-earn,
  and play-to-own games. These games make use of
  state-of-the-art technologies and thereby
  contribute to the development of next-gen games.
  With Web3 principles, blockchain-based games will
  be able to open up new virtual worlds and
  economies

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Decentralized Finance

• It is another notable use case of Web3 that
  utilizes many Web3 attributes to enhance its
  infrastructure and capabilities. Futuristic Defi
  apps can be built seamlessly by combining the
  Web3 ecosystem with Defi technology. Some
  awe-inspiring benefits of Web3 in Defi are lower
  transaction fees, open accessibility,
  encryption-based privacy and security,
  accountability and transparency in governance,
  etc.

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Privacy Digital Infrastructure

• The main issue in the blockchain network is
  complete transparency. You can find blockchain
  web3 use cases customized for enhancing privacy.
  Web3 enables the implementation of certain
  innovative concepts such as zero-knowledge proof
  and cryptography for improved privacy in
  decentralized digital infrastructures.

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Virtual Real Estate

• Web3 provides a robust ecosystem for real estate
  and now many web3 real estate projects are
  developed that utilize virtual reality, NFTs, and
  3D technology for verifying ownership and
  transferring NFT-based real estate properties.

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• I hope you are now clear with the Web3 use cases.
  So, it is of surprise that developing Web3-based
  applications and platforms will definitely be a
  golden chance for many aspiring entrepreneurs to
  taste success in the digital world

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• Approaching a well-known Web 3.0 development
  company like Bitdeal will help you in
  materializing your dream of plunging into the
  Web3 sector without any hassles.