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Question 32

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?

AOptions

A) 1 and 2 only

B) 2 and 3 only

C) 1 and 3 only

D) 1, 2 and 3

BSolution

Web 3.0 represents the next generation of the internet, characterized by decentralization, user control over data, and enhanced interactivity, often leveraging technologies like blockchain, AI, and machine learning. Let's analyze the statements:

1. Web 3.0 technology enables people to control their own data: This is a core tenet of Web 3.0. Unlike Web 2.0 where large corporations often control user data, Web 3.0 aims to empower users with greater control and ownership of their digital identity and data, often through decentralized technologies.

2. In Web 3.0 world, there can be blockchain based social networks: Yes, blockchain technology is a foundational element for many Web 3.0 applications, including decentralized social networks (DeSoc). These networks aim to provide censorship resistance, user ownership of content, and transparency.

3. Web 3.0 is operated by users collectively rather than a corporation: This reflects the decentralized and community-governed nature of Web 3.0. Projects are often managed by DAOs (Decentralized Autonomous Organizations) or other community-driven models, where users, token holders, or participants have a say in the platform's development and governance, moving away from centralized corporate control.

All three statements accurately reflect the characteristics and aspirations of Web 3.0.

CStrategy

For questions on emerging technologies like Web 3.0, AI, or blockchain, focus on understanding their core principles, distinguishing features, and potential impacts. Follow technology news and reputable tech publications to grasp the conceptual shifts these technologies represent. Avoid getting lost in overly technical details, but aim for a strong conceptual understanding.

DSyllabus Analysis

This question falls under Science & Technology, specifically emerging technologies such as blockchain, AI, and the evolution of the internet (Web 3.0).

EQuestion Analysis

Medium. Requires a conceptual understanding of a relatively new and evolving technological paradigm.