Web3 development is the next generation of web development that focuses on the creation of decentralised applications (dApps) using blockchain technology. Web3 development is becoming increasingly popular among developers.
Advantages of using Web3
Decentralization - No involvement of a third party.
Enhanced Compliance with Regulations - Blockchain is an immutable ledger of transactions that is accessible to everyone on the network. As a result, preserving transparency assists businesses in meeting their governance requirements.
Security Functions - A collection of high security functions.
Customer relationships - Web3 transactions are recorded on a distributed ledger that is available to all parties involved, making firms directly accountable to their customers.
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