The term "web3" was coined by Polkadot founder and Ethereum co-founder Gavin Wood in 2014, referring to a "decentralized online ecosystem based on blockchain." [1]

Oct 18, 2025 · Instead of a Web monopolized by large technology companies, Web3 embraces decentralization and is being built, operated, and owned by its users. Web3 puts power in the …

Web3 is an umbrella term for technologies like blockchain that decentralize data ownership and control on the internet. Most internet applications are controlled by centralized entities that …

Oct 10, 2023 · In the past few years, some tech futurists have started pointing to Web3, a term coined by computer scientist Gavin Wood, as a sign of things to come. Web3 is the idea of a …

Nov 20, 2025 · Web3 is a term used to describe an idea for the next stage of internet development. The term was introduced in 2014 by Gavin Wood, a co-founder of Ethereum, a …

Web3 is decentralized Internet that uses blockchain technology. Technological innovations built on Web3 may improve security and privacy. Web3 applications may transform all aspects of …

Nov 26, 2025 · Web3 represents the next stage of the internet, built on decentralization, transparency and user ownership through blockchain technology. Core features like smart …

Aug 11, 2025 · At its heart, Web3 is an internet built on decentralized networks — particularly blockchain technology — where ownership, identity, and governance are not controlled by a …

5 days ago · "Understanding Web3.0: Concept, Functionality and Impact" explores the transformative impact of Web3 on the internet, emphasizing decentralization through …

Web3 represents a fundamental paradigm shift for the internet, moving from a model dominated by centralized platforms to a decentralized ecosystem where users own their data, identity, …