UPSC Prelims 2022 · Question 32 of 98

UPSC Prelims 2022 question on Web 3 0

With reference to Web 3.0, consider the following statements:

1. Web 3.0 technology enables people to control their own data.

2. In Web 3.0 world, there can be blockchain based social networks.

3. Web 3.0 is operated by users collectively rather than a corporation.

Which of the statements given above are correct?

  1. 1 and 2 only
  2. 2 and 3 only
  3. 1 and 3 only
  4. 1, 2 and 3
Show answer

Answer: D. 1, 2 and 3

Verdict

Correct statements: 1, 2 and 3 → Option (d).

Statement by statement

Statement 1 – CORRECT: The concept of Web 3.0, also called Web 3.0, is used to describe a potential next phase of the internet. Web3 will deliver a decentralized and fair internet where users control their own data.

Statement 2 – CORRECT: The model, a decentralised internet to be run on blockchain technology, would be different from the versions in use, Web 1.0 and Web 2.0. There can be blockchain-based social networks in Web 3.0.

Statement 3 – CORRECT: In web3, users will have ownership stakes in platforms and applications unlike now where tech giants control the platforms. Web 3.0 is operated by users collectively rather than a corporation.

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