Web3
Noun · Slang & Abbreviations · Origin: 2014
Definitions
A vision for a decentralized internet built on blockchain technology, where users own their data and identity. Coined by Ethereum co-founder Gavin Wood. Whether it's the future of the internet or a solution in search of a problem depends heavily on your portfolio.
In plain English: The idea of a new internet where you control your own data through blockchain technology instead of companies like Google and Facebook owning everything.