Web 2.0 vs Web3

Fintelics
5 min readNov 30, 2022

Web 2.0 vs Web3

Unlike Web1, which operated on a decentralized architecture, Web2, the existing iteration of the web, is centralized. It focuses more on content creation and is greatly monopolized by large, successful tech firms.

During the late 1990s, forms, databases, server-side processing, and social media together generated an Internet that would be a lot more interactive. Known as Web 2.0…

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Fintelics

Software consulting company that focuses on emerging technology such as AI, Blockchain, Cloud Computing, and Data Engineering, MERN Stack, and Fintech