What technologies are essential for developing web 3 applications?

To develop web 3 applications, essential technologies include blockchain, decentralized storage solutions, smart contracts, and decentralized identity protocols. Blockchain technology enables secure and transparent transactions, while decentralized storage solutions ensure data is stored securely and privately. Smart contracts automate processes and enforce agreements, reducing the need for intermediaries. Decentralized identity protocols allow users to maintain control over their personal information and privacy. Together, these technologies enable the creation of web 3 applications that prioritize security, decentralization, and user control.

This mind map was published on 25 March 2024 and has been viewed 26 times.