Too Long; Didn't Read
The decentralized nature in how [blockchain] is designed ties directly to the heart of Web3. Web3 creates a permissionless datastore where no one person or corporation controls or owns the data. The data is stored on the public ledgers of a blockchain network. The landscape is still wide open for Web3 pioneers, says John Defterios. He says Web3 is not expected to replace web2, which did not replace in the same manner by which web2 did.