Web2 to Web3

Definition ∞ “Web2 to Web3” describes the ongoing transition from the current internet model, characterized by centralized platforms and data ownership by corporations, to a decentralized internet built on blockchain technology. This shift involves moving from user-as-product paradigms to models where users have greater control over their data, identity, and digital assets. It represents a fundamental change in how online services are structured and governed. This evolution aims to create a more open, transparent, and user-centric digital experience.
Context ∞ News frequently covers projects, protocols, and regulatory discussions related to the Web2 to Web3 transition, highlighting innovations in decentralized applications and digital identity. The situation involves significant technological development and shifts in user behavior and economic models. A critical future development includes the creation of intuitive and accessible user interfaces and robust interoperability standards that facilitate a seamless migration for mainstream users from centralized Web2 services to the decentralized Web3 environment.