What Is Web3 and Why Is It Being Discussed So Much?

Apart from the never-ending pandemics, inflation, and supply chain crises, the new decade has seen remarkable technology developments. We now have a new version of the Internet, Web3 or Web 3.0, four decades after its inception in the late 1980s. Web3 is being heralded as the Internet's future by the crypto and blockchain communities. Web3 has a bit of a convoluted notion. Nonetheless, the overall goal is to create a…