The need for web 3.0 is a hot topic among innovators and tech pioneers. It is gaining rapid attention among people. People should know about it. It is a third-generation form of the internet where consumers and creators can directly do the business instead of a middleman in between. There will be no giant corporation to collect and regulate our data. We can choose whether to sell or keep our data on a server. And only with our permission can we see ads. This is like democratizing the power of the internet.
Even from the very initial days of the internet, people claimed that
we were democratized. Of course, it did. It gave an equal opportunity for every man
who has access to the internet to get the information he desires to get. It is like
putting the entire search process on the internet and was a huge success. But gradually
corporations came in between and started monopolies. Monopoly will never end, even
with 3.0. Only the mode of surveillance differs and those corporations must be
more transparent or may go bust. We are about to witness an entire novel property
of monopoly that is yet to be introduced. Giants will take part soon. They know
what is happening and what will happen.
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