Question map
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 3.0 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 ?
Explanation
The correct answer is Option 4 (1, 2 and 3). Web 3.0 represents the next evolution of the internet, characterized by decentralization, transparency, and user empowerment.
- Statement 1 is correct: Unlike Web 2.0, where centralized corporations own user data, Web 3.0 uses decentralized identities and encryption. This allows individuals to own, manage, and even monetize their data without relying on a central authority.
- Statement 2 is correct: Web 3.0 leverages blockchain technology to build decentralized applications (dApps). This includes social networks that operate on distributed ledgers, ensuring censorship resistance and removing the control of a single corporate entity.
- Statement 3 is correct: Web 3.0 is governed by Decentralized Autonomous Organizations (DAOs) and peer-to-peer protocols. Instead of being controlled by a single corporation (like Google or Meta), the network is operated and maintained collectively by its users through token-based governance.
Since all three statements accurately describe the core tenets of the decentralized web, Option 4 is the right choice.
PROVENANCE & STUDY PATTERN
Guest previewThis is a classic 'Tech Buzzword' question derived from Science & Tech explainers (The Hindu/Indian Express) rather than static textbooks. While books cover Blockchain, the specific comparative definition of Web 3.0 vs Web 2.0 is pure Current Affairs. The strategy is to focus on the 'philosophical promise' of new tech (e.g., decentralization) rather than just technical specs.
This question can be broken into the following sub-statements. Tap a statement sentence to jump into its detailed analysis.
- Explicitly frames Web 3.0 as a shift of control away from centralized entities to users.
- Says Web 3.0 empowers individuals to control their own identities and assets online.
- Describes the 'read/write/own' paradigm meaning data creators own and control their data.
- States Web 3.0 technologies give end users greater say in how their data is used and managed.
- Explains decentralization lets individual users control where their data resides instead of handing it to centralized infrastructure.
- Notes users can sell their own data, indicating user control over data sharing/monetization.
States that information given online must be protected and that users recognise a need for regulation to safeguard individual security and privacy.
A student could combine this with basic knowledge that newer architectures (e.g., decentralised protocols) are proposed to improve privacy, and therefore investigate whether Web 3.0 designs address the protection/regulation concerns noted here.
Describes the internet as a 'huge central warehouse of data' used for transactions and access to information.
One could contrast this centralised data model with decentralised models often associated with Web 3.0 to assess if decentralisation would allow more individual control over such centralized data stores.
Explains Industry 4.0 driven by big data, high computing capacity and analytics that digitise assets and integrate them into data ecosystems.
Using basic facts about how data ecosystems function, a student can ask whether Web 3.0’s claimed technical changes (e.g., decentralisation, new identity models) would change who controls the data within these ecosystems.
Notes that incumbents exploit first-mover advantage in a data-driven ecosystem, making entry hard for later actors.
A student could use this pattern to probe whether Web 3.0 reduces incumbent control over data or instead reinforces existing data-holders’ dominance.
Mentions securely storing and sharing documents online with authorities and business entities.
Combining this with basic understanding of different storage/sharing architectures, a student can evaluate whether Web 3.0 mechanisms offer users stronger direct control over such stored documents.
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