Web3 Explained: Understanding the Revolution in Digital Ownership and Security

Harry Crabtree
6 min readMay 27, 2024
Photo by Johnny Brown on Unsplash

In the ever-evolving digital landscape, a new paradigm is emerging that promises to revolutionise the way we interact with the internet: Web3.

But what is Web3?

Simply, its an upgrade to the current way you can use the internet.

Just like email or voice over ip, ie zoom.

Web3 is simply a new utility of the internet.

The ability to own a part of it.

This transformative movement is not just an upgrade but a fundamental shift towards decentralisation, empowerment, and enhanced security for all internet users.

Read, Write and Own is a new way of viewing and using the internet not just as an information layer but an ownership layer.

Photo by Jan Kopřiva on Unsplash

Understanding Web3: Origins and Meaning

Web3 represents a significant shift towards a decentralised and user-centric online ecosystem.

Blockchain technology underpins the foundational principles of Web3.

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Harry Crabtree

Write @https://shorturl.at/jAHRZ Entrepreneur. Investor. Writer. Cryptocurrency. Technology Writer, Approaching Business in 2023. Writing online. Community.