Science and Technology · Web3 & Decentralized Technologies
Consider the following statements regarding Web3 and decentralised digital ecosystems: I. Unlike earlier internet architectures, Web3 enables data to be distributed across multiple nodes rather than stored on centralised servers. II. It utilises technologies such as blockchain and decentralised autonomous organisations (DAOs) to facilitate trustless interactions. III. Businesses can share non-sensitive customer-related information in a decentralised framework without necessarily exposing personal financial data. Which of the statements given above are correct?
- 1I, II and III✓
- 2I and III only
- 3II and III only
- 4I and II only
Correct answer
I, II and III
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