With reference to Web 3-0, consider the following statements: 1. Web 3-0 technology enables people to control their own data. 2. In Web 30 world, there can be blockchain based social networks. 3. Web 3 0 is operated by users collectively rather than a cor

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Q: 32 (IAS/2022)
With reference to Web 3-0, consider the following statements:
1. Web 3-0 technology enables people to control their own data.
2. In Web 30 world, there can be blockchain based social networks.
3. Web 3 0 is operated by users collectively rather than a corporation.
Which of the statements given above are correct ? 1

question_subject: 

General Knowledge

question_exam: 

IAS

stats: 

0,227,70,31,16,23,227

keywords: 

{'web': [0, 0, 1, 1], 'corporation': [0, 1, 0, 2], 'social networks': [0, 0, 0, 1], 'technology': [1, 5, 15, 27]}

  1. All of the statements given above are correct.

    Web 3.0 technology is focused on decentralization, privacy, and user control. It enables people to control their own data by utilizing blockchain technology to store and manage data in a decentralized manner, which eliminates the need for central authorities to control and access data.

    In a Web 3.0 world, there can be blockchain-based social networks that are built on decentralized protocols and enable users to connect and communicate with each other without the need for intermediaries.

    Web 3.0 is operated by users collectively rather than a corporation. The decentralized nature of Web 3.0 eliminates the need for centralized authorities to control the internet, and instead, users can operate the network collectively through consensus mechanisms such as proof-of-stake and proof-of-work.

 

Preparing for Future Exams: Learning from the Analysis of Past Questions

Topics:

  • Web 3.0
  • Blockchain technology
  • Decentralized systems

Sources:

  • Web3 Foundation website
  • Ethereum Foundation website
  • W3C (World Wide Web Consortium) website

NCERT Chapters:

  • Not directly related to the topic, but Class 11 Computer Science textbook covers topics such as computer networks, internet, and web technologies.

Related Concepts:

  • Definition and features of Web 3.0
  • Blockchain technology and its applications
  • Decentralized systems and peer-to-peer networks
  • Privacy and security in Web 3.0

Web 3.0 is a term used to describe the next generation of the World Wide Web, where decentralized systems and blockchain technology enable people to control their own data and interact with each other without relying on centralized corporations. Understanding the features and benefits of Web 3.0 and its underlying technologies such as blockchain can provide insights into the future of the internet and its impact on various industries.