Blockchain technology is more than just the foundation for cryptocurrencies like Bitcoin; it’s the backbone of Web3, the decentralized internet. In Web3, users own their data and digital assets, and they can interact directly without middlemen, thanks to decentralized applications (dApps) running on blockchain. This opens up a world of possibilities—think about decentralized finance (DeFi), where you can lend or borrow money without a bank, or NFTs, which allow artists to sell their digital creations with proof of ownership. Then there are DAOs, or Decentralized Autonomous Organizations, where decisions are made collectively by token holders rather than a centralized authority. Blockchain is not just a technology; it’s a movement towards a more open, transparent, and user-controlled internet.
