PYMNTS.com March 24, 2025
Artificial intelligence, Web3, cryptocurrencies and blockchain are some of the most talked-about technologies today, often described in a sweeping way as next-gen.
However, they’re fundamentally different in purpose, design and impact. Understanding how they differ — and how they can work together — is important to know how to best use them for your business.
What Is Web3?
Web3, short for Web 3.0, refers to the latest evolution of the internet. The first version of the web, or Web 1.0, consisted of read-only, static websites that offered basic online content. Web 2.0 brought interactivity, featuring social media and user-generated content, but it came with a tradeoff. Most of the data is centralized in the hands of gatekeepers — the tech...
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