Web3 is a new generation of web applications built on blockchain, where transactions and logic are decentralized, transparent and intermediary-free. Web3 enables applications with no trusted third party: smart contracts, payments and digital ownership. Relevant when transparency creates value.

What is Web3?

Definition

Web3 is a new generation of web applications built on blockchain, where transactions and logic are decentralized, transparent and intermediary-free.

Why it matters

Web3 enables applications with no trusted third party: smart contracts, payments and digital ownership. Relevant when transparency creates value.

Related service

Blockchain

Other terms

All terms

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