The web3.0 space is the use of blockchain technology to build decentralized services over the internet, replacing centralized server architectures with a peer-to-peer network of clients and servers. it refers to the next level of blockchains which enables user to enjoy one consumer interface including all decentralized applications and also transfer value, in a network-based communication and transaction.

It is a term used to describe an era of change in the way information, technology and people interact electronically. It is characterized by what William Gibson has referred to as “the Mesh” — the idea that objects will be connected to each other, not just by traditional links between nodes such as cables, wires and servers but also through signals passing through living tissue and nanoparticle clouds.