Web 3.0 Market to Hit $49.10 Billion by 2030: Cognitive Market Research
With the advancement in technology such as blockchain, it is possible to create decentralized applications (dApps) that operate independently of centralized servers.
- With the advancement in technology such as blockchain, it is possible to create decentralized applications (dApps) that operate independently of centralized servers.
- Moreover, along with greater control and privacy, Web 3.0 also provides Decentralized finance (DeFi).
- Lack of awareness about Web 3.0 blockchain:
Despite the potential benefits of Web 3.0 and blockchain technology, many people and organizations are unaware of Web 3.0 blockchain and how it works. - All of the considerations mentioned above show that Web 3.0 usage is skyrocketing in the aftermath of COVID-19.