With reference to Web 3.0, consider the following statements:
- Web 3.0 technology enables people to control their own data.
- In Web 3.0 world, there can be blockchain based social networks.
- Web 3.0 is operated by users collectively rather than a corporation. Which of the statements given above are correct?
Correct Answer: Option D
Web 3.0 represents a decentralized internet built upon blockchain technology, facilitating peer-to-peer transactions and user ownership.
Statement 1: Web 3.0 empowers users to control their own data, contrasting with the current model where tech giants dominate platform control. Hence, statement 1 is correct.
Statement 2: Blockchain-based social networks are a key feature of Web 3.0, enabling decentralized and user-controlled social interactions. Hence, statement 2 is correct.
Statement 3: Web 3.0 is designed to be operated collectively by users, shifting away from the centralized control of corporations. Hence, statement 3 is correct.
Therefore, all three statements are correct.