
Why Web3?
Web3 is a shift away from centralized platforms.
We see a world where you have control of your data and money.
What is Web3?
How does Web3 work?
Web3 is built upon blockchain technology.
In a blockchain, data is produced and validated on an "immutable" chain - that is to say, it is produced and validated on a chain of data that cannot be altered.
This is far removed from a traditional centralized model where data is created, altered, and deleted by a central authority (known as an administrator).
Traditional

Decentralized

Because of this unique structure, two people on a blockchain do not need a third party to validate a transaction, because it is validated by the chain.
So a buyer & a seller don't need a third party (like a bank) to execute a financial transaction, they can do it 1-to-1, just like paying with physical cash.