Web 3.0 is a phase whereby the internet architecture is restructured through inventions and innovations in the internet ecosystem for the purpose of ushering in tech products and services that will proffer solution to issues of ransomware and related cyber crime, piracy, privacy breech, censoring, etc. All of this will facilitate a safer and optimized user experience for everyone.

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Blockchain is a decentralised distributed ledger system, built on cryptography and delivered for the purpose of fraud free and transparent transactions.

Decentralised concept of blockchain makes it an important component of Web 3.0

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