Patent Attorney and Founder
Web 3.0 is a generic term for a distributed ledger technology that really forms the backbone of of blockchain um the the history of web web 1.0 um as you can remember back in the old days with aol dial up um folks can get onto kind of a static website where they just see static information right from from that website there was no interaction web 2.0 um is more of think of like the facebooks um amazon uh where really there is an interaction right on facebook you’re interacting with facebook servers you’re commenting on you know posting pictures and commenting on it that requires um interactivity between facebook servers and the user same thing with amazon amazon allows for e-commerce right and really e-commerce is a server um hosting um goods being sold and then a user coming onto the amazon server saying i want that so it’s it is uh interactivity web 3.0 moves beyond interactivity to what’s called distributed ledger technology which is distributed technology um like i said with amazon and facebook you’re interacting with their servers with amazon servers and with facebook servers so if at some point facebook or amazon decides they don’t like you if you violate their terms of service or something like that they can ban you um and if you have a facebook profile you know that has million followers and you’re you’re uh monetizing that they have all the power in the world to just get rid of that so web 3.0 is a movement to decentralized servers