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Title: Exploring Web 3 and Cryptocurrency: The Future of Internet and Finance
1 Introduction to Web 3
Web 3 (or Web3) refers to the next generation of the internet, built on blockchain technology, aiming for decentralization, transparency, and user control over data.
2 Key Features of Web 3
- Decentralized networks (no single point of control)
- Blockchain-based data storage
- Smart contracts for automated transactions
- Token-based economies (cryptocurrencies)